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fix!: leverage.MaxBorrow return zero instead of failing when there is no more to borrow #1694

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Jan 19, 2023
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7 changes: 4 additions & 3 deletions CHANGELOG.md
Original file line number Diff line number Diff line change
Expand Up @@ -49,6 +49,7 @@ Ref: https://keepachangelog.com/en/1.0.0/
### API Breaking

- [1683](https://github.com/umee-network/umee/pull/1683) MaxWithdraw query now returns `sdk.Coins`, not `sdk.Coin` and will be empty (not zero coin) when returning a zero amount. Denom field in query is now optional.
- [1694](https://github.com/umee-network/umee/pull/1694) `MsgMaxWithdraw`, `MsgMaxBorrow` and `MsgRepay` won't return errors if there is nothing to withdraw, borrow or repay respectively. Leverage `ErrMaxWithdrawZero` and `ErrMaxBorrowZero` has been removed.

### Fixes

Expand All @@ -66,9 +67,9 @@ Ref: https://keepachangelog.com/en/1.0.0/
- [1685](https://github.com/umee-network/umee/pull/1685) Add medians param to Token registry.
- [1683](https://github.com/umee-network/umee/pull/1683) Add MaxBorrow query and allow returning all denoms from MaxWithdraw.
- [1690](https://github.com/umee-network/umee/pull/1690) Add MaxBorrow message type.
- [1711](https://github.com/umee-network/umee/pull/1711) Add historic pricing information to leverage MarketSummary query
- [1715](https://github.com/umee-network/umee/pull/1715) Reverted.
- [1723](https://github.com/umee-network/umee/pull/1723) Compute borrow limits using the lower of either spot or historic price for each collateral token, and the higher of said prices for borrowed tokens. Remove extra spot/historic only fields in account summary.
- [1711](https://github.com/umee-network/umee/pull/1711) Add historic pricing information to leverage MarketSummary query.
- [1723](https://github.com/umee-network/umee/pull/1723) Compute borrow limits using the lower of either spot or historic price for each collateral token, and the higher of said prices for borrowed tokens. Remove extra spot/historic only fields in account summum.
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- [1694](https://github.com/umee-network/umee/pull/1694) Add new sdkutil package to enhance common Cosmos SDK functionality. Here, the `ZeroCoin` helper function.
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## [v3.3.0](https://github.com/umee-network/umee/releases/tag/v3.3.0) - 2022-12-20

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2 changes: 2 additions & 0 deletions proto/umee/leverage/v1/leverage.proto
Original file line number Diff line number Diff line change
Expand Up @@ -237,6 +237,8 @@ message Token {
// borrow positions under both current and historic prices. The default value of
// zero for this field causes current price to be used in those calculations
// for the affected Token.
// The time span covered by the historic median will be:
// oracle.Params.median_stamp_period * oracle.Params.historic_stamp_period * historic_medians.
uint32 historic_medians = 19 [
(gogoproto.moretags) = "yaml:\"historic_medians\""
];
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2 changes: 2 additions & 0 deletions proto/umee/leverage/v1/tx.proto
Original file line number Diff line number Diff line change
Expand Up @@ -24,6 +24,7 @@ service Msg {

// MaxWithdraw moves previously supplied tokens from the module back to the user balance in
// exchange for burning uTokens. It automatically calculates the maximum valid amount to withdraw.
// Zero is returned if there is no more tokens can be withdrawn.
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rpc MaxWithdraw(MsgMaxWithdraw) returns (MsgMaxWithdrawResponse);

// Collateralize enables selected uTokens as collateral, which moves them to the module.
Expand All @@ -37,6 +38,7 @@ service Msg {
rpc Borrow(MsgBorrow) returns (MsgBorrowResponse);

// MaxBorrow allows a user to borrow the maximum amount of tokens their collateral will allow.
// Zero is returned if there is no more can be borrowed.
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rpc MaxBorrow(MsgMaxBorrow) returns (MsgMaxBorrowResponse);

// Repay allows a user to repay previously borrowed tokens and interest.
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18 changes: 18 additions & 0 deletions util/sdkutil/coin.go
Original file line number Diff line number Diff line change
@@ -0,0 +1,18 @@
package sdkutil

import (
sdk "github.com/cosmos/cosmos-sdk/types"
)

// ZeroCoin returns new coin with zero amount
func ZeroCoin(denom string) sdk.Coin {
return sdk.NewInt64Coin(denom, 0)
}

// Normalize transform nil coins to empty list
func NormalizeCoins(cs sdk.Coins) sdk.Coins {
if cs == nil {
return sdk.Coins{}
}
return cs
}
4 changes: 3 additions & 1 deletion x/leverage/keeper/keeper.go
Original file line number Diff line number Diff line change
Expand Up @@ -11,6 +11,7 @@ import (
paramtypes "github.com/cosmos/cosmos-sdk/x/params/types"
"github.com/tendermint/tendermint/libs/log"

"github.com/umee-network/umee/v4/util/sdkutil"
"github.com/umee-network/umee/v4/x/leverage/types"
)

Expand Down Expand Up @@ -215,7 +216,8 @@ func (k Keeper) Repay(ctx sdk.Context, borrowerAddr sdk.AccAddress, payment sdk.
// determine amount of selected denom currently owed
owed := k.GetBorrow(ctx, borrowerAddr, payment.Denom)
if owed.IsZero() {
return sdk.Coin{}, types.ErrDenomNotBorrowed.Wrap(payment.Denom)
// no need to repay - everything is all right
return sdkutil.ZeroCoin(payment.Denom), nil
}

// prevent overpaying
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4 changes: 0 additions & 4 deletions x/leverage/keeper/limits.go
Original file line number Diff line number Diff line change
Expand Up @@ -9,11 +9,7 @@ import (
// maxWithdraw calculates the maximum amount of uTokens an account can currently withdraw.
// input denom should be a base token.
func (k *Keeper) maxWithdraw(ctx sdk.Context, addr sdk.AccAddress, denom string) (sdk.Coin, error) {
if types.HasUTokenPrefix(denom) {
return sdk.Coin{}, types.ErrUToken
}
uDenom := types.ToUTokenDenom(denom)

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availableTokens := sdk.NewCoin(denom, k.AvailableLiquidity(ctx, denom))
availableUTokens, err := k.ExchangeToken(ctx, availableTokens)
if err != nil {
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13 changes: 10 additions & 3 deletions x/leverage/keeper/msg_server.go
Original file line number Diff line number Diff line change
Expand Up @@ -5,6 +5,7 @@ import (

sdk "github.com/cosmos/cosmos-sdk/types"

"github.com/umee-network/umee/v4/util/sdkutil"
"github.com/umee-network/umee/v4/x/leverage/types"
)

Expand Down Expand Up @@ -98,14 +99,21 @@ func (s msgServer) MaxWithdraw(
if err != nil {
return nil, err
}
if types.HasUTokenPrefix(msg.Denom) {
return nil, types.ErrUToken
}
if _, err = s.keeper.GetTokenSettings(ctx, msg.Denom); err != nil {
return nil, err
}

uToken, err := s.keeper.maxWithdraw(ctx, supplierAddr, msg.Denom)
if err != nil {
return nil, err
}

if uToken.IsZero() {
return nil, types.ErrMaxWithdrawZero
zeroCoin := sdkutil.ZeroCoin(msg.Denom)
return &types.MsgMaxWithdrawResponse{Withdrawn: uToken, Received: zeroCoin}, nil
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}

received, err := s.keeper.Withdraw(ctx, supplierAddr, uToken)
Expand Down Expand Up @@ -329,7 +337,7 @@ func (s msgServer) MaxBorrow(
return nil, err
}
if maxBorrow.IsZero() {
return nil, types.ErrMaxBorrowZero
return &types.MsgMaxBorrowResponse{Borrowed: sdkutil.ZeroCoin(msg.Denom)}, nil
}

if err := s.keeper.Borrow(ctx, borrowerAddr, maxBorrow); err != nil {
Expand Down Expand Up @@ -371,7 +379,6 @@ func (s msgServer) Repay(
msg *types.MsgRepay,
) (*types.MsgRepayResponse, error) {
ctx := sdk.UnwrapSDKContext(goCtx)

borrowerAddr, err := sdk.AccAddressFromBech32(msg.Borrower)
if err != nil {
return nil, err
Expand Down
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