Moonwell MIP-B08 Proposal Diff Report

This document reports the impact of the execution of MIP-B08 proposal on Moonwell Base.

All diffs detected by the simulation are highlighted in orange

The simulation executes the proposal on chain on a local fork. The state of the protocol is compared before and after the proposal is executed.

Proposal calldata

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

Execution results

MIP-B08 was successfully executed on a Hardhat fork at block #6295939 (Nov-07-2023 06:20:25 PM +UTC)

  • ✅ No regression detected on already existing markets (USDC, USDbC, DAI, ETH, cbETH)

  • ✅ No difference in liquidity for all existing accounts

  • ✅ wstETH market is correctly initialized

    • ✅ Decimals for all parameters are correct

    • ✅ All borrow-side reward rates are greater than 0

    • ✅ Hundred Finance exploit is correctly mitigated (market total supply is greater than 0)

    • ✅ Parameters are same as specified in proposal

  • ✅ The proposal passes sanity check tests

Original execution report (including raw contract values):

Global parameters

Parameter
Liquidation Incentive
Close Factor

Before

110%

0.5%

After

110%

0.5%

mUSDC

View on block explorer

Parameter
Collateral Factor
Implied Collateral Ratio
Borrow Cap
Supply Cap

Before

0.82

121.951%

5,000,000 5,005,000 USD

10,000,000 5,005,000 USD

After

0.82

121.951%

5,000,000 5,005,000 USD

10,000,000 5,005,000 USD

IRM Parameter
Base rate
Multiplier
Kink
Jump Multiplier
Reserve Factor
Contract

Before

0%

0.045

0.8

8.6

0.15

After

0%

0.045

0.8

8.6

0.15

Key borrow rates
Base
Kink
Max

Before

0%

3.6%

175.6%

After

0%

3.6%

175.6%

Key supply rates
Base
Kink
Max

Before

0%

2.448%

149.26%

After

0%

2.448%

149.26%

Borrow rates
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%

Before

0%

0.45%

0.9%

1.35%

1.8%

2.25%

2.7%

3.15%

3.6%

89.6%

175.6%

After

0%

0.45%

0.9%

1.35%

1.8%

2.25%

2.7%

3.15%

3.6%

89.6%

175.6%

Supply rates
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%

Before

0%

0.038%

0.153%

0.344%

0.612%

0.956%

1.377%

1.874%

2.448%

68.544%

149.26%

After

0%

0.038%

0.153%

0.344%

0.612%

0.956%

1.377%

1.874%

2.448%

68.544%

149.26%

Market State
Total Supply
Total Borrows
Utilization
Supply cap utilization
Borrow cap utilization
Supply rate
Borrow rate

Before

4,666,590.28 4,671,256.87 USD

3,563,037.674 3,566,600.712 USD

76.352%

46.666%

71.261%

2.23% 5.986% Total

3.436% 3.436% Total

After

4,666,590.28 4,671,256.87 USD

3,563,037.674 3,566,600.712 USD

76.352%

46.666%

71.261%

2.23% 5.986% Total

3.436% 3.436% Total

WELL Reward Stream

Supply-side
Emissions per sec
APR

Before

1.141

3.756%

After

1.141

3.756%

Borrow-side
Emissions per sec
APR

Before

0

0%

After

0

0%

USDC Reward Stream

Supply-side
Emissions per sec
APR

Before

0

0%

After

0

0%

Borrow-side
Emissions per sec
APR

Before

0

0%

After

0

0%

mUSDC

View on block explorer

Parameter
Collateral Factor
Implied Collateral Ratio
Borrow Cap
Supply Cap

Before

0.8

125%

4,000,000 3,999,696 USD

5,000,000 3,999,696 USD

After

0.8

125%

4,000,000 3,999,696 USD

5,000,000 3,999,696 USD

IRM Parameter
Base rate
Multiplier
Kink
Jump Multiplier
Reserve Factor
Contract

Before

0%

0.045

0.8

8.6

0.15

After

0%

0.045

0.8

8.6

0.15

Key borrow rates
Base
Kink
Max

Before

0%

3.6%

175.6%

After

0%

3.6%

175.6%

Key supply rates
Base
Kink
Max

Before

0%

2.448%

149.26%

After

0%

2.448%

149.26%

Borrow rates
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%

Before

0%

0.45%

0.9%

1.35%

1.8%

2.25%

2.7%

3.15%

3.6%

89.6%

175.6%

After

0%

0.45%

0.9%

1.35%

1.8%

2.25%

2.7%

3.15%

3.6%

89.6%

175.6%

Supply rates
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%

Before

0%

0.038%

0.153%

0.344%

0.612%

0.956%

1.377%

1.874%

2.448%

68.544%

149.26%

After

0%

0.038%

0.153%

0.344%

0.612%

0.956%

1.377%

1.874%

2.448%

68.544%

149.26%

Market State
Total Supply
Total Borrows
Utilization
Supply cap utilization
Borrow cap utilization
Supply rate
Borrow rate

Before

1,686,380.582 1,686,252.417 USD

1,016,104.578 1,016,027.354 USD

60.254%

33.728%

25.403%

1.389% 1.389% Total

2.711% 2.711% Total

After

1,686,380.582 1,686,252.417 USD

1,016,104.578 1,016,027.354 USD

60.254%

33.728%

25.403%

1.389% 1.389% Total

2.711% 2.711% Total

WELL Reward Stream

Supply-side
Emissions per sec
APR

Before

0

0%

After

0

0%

Borrow-side
Emissions per sec
APR

Before

0

0%

After

0

0%

USDC Reward Stream

Supply-side
Emissions per sec
APR

Before

0

0%

After

0

0%

Borrow-side
Emissions per sec
APR

Before

0

0%

After

0

0%

mWETH

View on block explorer

Parameter
Collateral Factor
Implied Collateral Ratio
Borrow Cap
Supply Cap

Before

0.8

125%

6,300 11,943,855 USD

10,500 11,943,855 USD

After

0.8

125%

6,300 11,943,855 USD

10,500 11,943,855 USD

IRM Parameter
Base rate
Multiplier
Kink
Jump Multiplier
Reserve Factor
Contract

Before

1%

0.037

0.8

4.8

0.25

After

1%

0.037

0.8

4.8

0.25

Key borrow rates
Base
Kink
Max

Before

1%

3.96%

99.96%

After

1%

3.96%

99.96%

Key supply rates
Base
Kink
Max

Before

0%

2.376%

74.97%

After

0%

2.376%

74.97%

Borrow rates
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%

Before

1%

1.37%

1.74%

2.11%

2.48%

2.85%

3.22%

3.59%

3.96%

51.96%

99.96%

After

1%

1.37%

1.74%

2.11%

2.48%

2.85%

3.22%

3.59%

3.96%

51.96%

99.96%

Supply rates
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%

Before

0%

0.103%

0.261%

0.475%

0.744%

1.069%

1.449%

1.885%

2.376%

35.073%

74.97%

After

0%

0.103%

0.261%

0.475%

0.744%

1.069%

1.449%

1.885%

2.376%

35.073%

74.97%

Market State
Total Supply
Total Borrows
Utilization
Supply cap utilization
Borrow cap utilization
Supply rate
Borrow rate

Before

4,183.132 7,930,589.964 USD

2,113.415 4,006,717.238 USD

50.522%

39.839%

33.546%

1.087% 5.512% Total

2.869% 2.869% Total

After

4,183.132 7,930,589.964 USD

2,113.415 4,006,717.238 USD

50.522%

39.839%

33.546%

1.087% 5.512% Total

2.869% 2.869% Total

WELL Reward Stream

Supply-side
Emissions per sec
APR

Before

2.282

4.424%

After

2.282

4.424%

Borrow-side
Emissions per sec
APR

Before

0

0%

After

0

0%

USDC Reward Stream

Supply-side
Emissions per sec
APR

Before

0

0%

After

0

0%

Borrow-side
Emissions per sec
APR

Before

0

0%

After

0

0%

mcbETH

View on block explorer

Parameter
Collateral Factor
Implied Collateral Ratio
Borrow Cap
Supply Cap

Before

0.75

133.333%

1,000 1,997,110 USD

4,000 1,997,110 USD

After

0.75

133.333%

1,000 1,997,110 USD

4,000 1,997,110 USD

IRM Parameter
Base rate
Multiplier
Kink
Jump Multiplier
Reserve Factor
Contract

Before

0%

0.07

0.45

3.15

0.25

After

0%

0.07

0.45

3.15

0.25

Key borrow rates
Base
Kink
Max

Before

0%

3.15%

176.4%

After

0%

3.15%

176.4%

Key supply rates
Base
Kink
Max

Before

0%

1.063%

132.3%

After

0%

1.063%

132.3%

Borrow rates
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%

Before

0%

0.7%

1.4%

2.1%

2.8%

18.9%

50.4%

81.9%

113.4%

144.9%

176.4%

After

0%

0.7%

1.4%

2.1%

2.8%

18.9%

50.4%

81.9%

113.4%

144.9%

176.4%

Supply rates
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%

Before

0%

0.052%

0.21%

0.472%

0.84%

7.087%

22.68%

42.997%

68.04%

97.807%

132.3%

After

0%

0.052%

0.21%

0.472%

0.84%

7.087%

22.68%

42.997%

68.04%

97.807%

132.3%

Market State
Total Supply
Total Borrows
Utilization
Supply cap utilization
Borrow cap utilization
Supply rate
Borrow rate

Before

2,059.421 4,112,890.98 USD

359.018 716,998.907 USD

17.433%

51.486%

35.902%

0.16% 4.425% Total

1.22% 1.22% Total

After

2,059.421 4,112,890.98 USD

359.018 716,998.907 USD

17.433%

51.486%

35.902%

0.16% 4.425% Total

1.22% 1.22% Total

WELL Reward Stream

Supply-side
Emissions per sec
APR

Before

1.141

4.266%

After

1.141

4.266%

Borrow-side
Emissions per sec
APR

Before

0

0%

After

0

0%

USDC Reward Stream

Supply-side
Emissions per sec
APR

Before

0

0%

After

0

0%

Borrow-side
Emissions per sec
APR

Before

0

0%

After

0

0%

mwstETH

View on block explorer

Parameter
Collateral Factor
Implied Collateral Ratio
Borrow Cap
Supply Cap

Before

-

-

- - USD

None - USD

After

0.75

133.333%

0.05 108.481 USD

0.1 216.961 USD

IRM Parameter
Base rate
Multiplier
Kink
Jump Multiplier
Reserve Factor
Contract

Before

-

-

-

-

-

-

After

0%

0.07

0.45

3.15

0.25

Key borrow rates
Base
Kink
Max

Before

-

-

-

After

0%

3.15%

176.4%

Key supply rates
Base
Kink
Max

Before

-

-

-

After

0%

1.063%

132.3%

Borrow rates
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%

Before

-

-

-

-

-

-

-

-

-

-

-

After

0%

0.7%

1.4%

2.1%

2.8%

18.9%

50.4%

81.9%

113.4%

144.9%

176.4%

Supply rates
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%

Before

-

-

-

-

-

-

-

-

-

-

-

After

0%

0.052%

0.21%

0.472%

0.84%

7.087%

22.68%

42.997%

68.04%

97.807%

132.3%

Market State
Total Supply
Total Borrows
Utilization
Supply cap utilization
Borrow cap utilization
Supply rate
Borrow rate

Before

- - USD

- - USD

-

-

-

- - Total

- - Total

After

0 0.002 USD

0 0 USD

0%

-

-

0% 0% Total

0% ∞% Total

WELL Reward Stream

Supply-side
Emissions per sec
APR

Before

-

-

After

0

0%

Borrow-side
Emissions per sec
APR

Before

-

-

After

0

∞%

USDC Reward Stream

Supply-side
Emissions per sec
APR

Before

-

-

After

0

0%

Borrow-side
Emissions per sec
APR

Before

-

-

After

0

∞%

mDAI

View on block explorer

Parameter
Collateral Factor
Implied Collateral Ratio
Borrow Cap
Supply Cap

Before

0.82

121.951%

5,000,000 4,996,600 USD

10,000,000 4,996,600 USD

After

0.82

121.951%

5,000,000 4,996,600 USD

10,000,000 4,996,600 USD

IRM Parameter
Base rate
Multiplier
Kink
Jump Multiplier
Reserve Factor
Contract

Before

0%

0.045

0.8

8.6

0.15

After

0%

0.045

0.8

8.6

0.15

Key borrow rates
Base
Kink
Max

Before

0%

3.6%

175.6%

After

0%

3.6%

175.6%

Key supply rates
Base
Kink
Max

Before

0%

2.448%

149.26%

After

0%

2.448%

149.26%

Borrow rates
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%

Before

0%

0.45%

0.9%

1.35%

1.8%

2.25%

2.7%

3.15%

3.6%

89.6%

175.6%

After

0%

0.45%

0.9%

1.35%

1.8%

2.25%

2.7%

3.15%

3.6%

89.6%

175.6%

Supply rates
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%

Before

0%

0.038%

0.153%

0.344%

0.612%

0.956%

1.377%

1.874%

2.448%

68.544%

149.26%

After

0%

0.038%

0.153%

0.344%

0.612%

0.956%

1.377%

1.874%

2.448%

68.544%

149.26%

Market State
Total Supply
Total Borrows
Utilization
Supply cap utilization
Borrow cap utilization
Supply rate
Borrow rate

Before

4,216,758.173 4,213,890.778 USD

1,894,275.479 1,892,987.372 USD

44.923%

42.168%

37.886%

0.772% 4.935% Total

2.022% 2.022% Total

After

4,216,758.173 4,213,890.778 USD

1,894,275.479 1,892,987.372 USD

44.923%

42.168%

37.886%

0.772% 4.935% Total

2.022% 2.022% Total

WELL Reward Stream

Supply-side
Emissions per sec
APR

Before

1.141

4.163%

After

1.141

4.163%

Borrow-side
Emissions per sec
APR

Before

0

0%

After

0

0%

USDC Reward Stream

Supply-side
Emissions per sec
APR

Before

0

0%

After

0

0%

Borrow-side
Emissions per sec
APR

Before

0

0%

After

0

0%

Liquidatable accounts

The table below lists accounts that will be at risk of liquidation once the proposal is passed.

Total liquidatable accounts: 0

Accounts
Free collateral Before (USD)
Free collateral After (USD)
Diff (USD)

Nothing to display

Impacted accounts

The table is filtered for accounts have at least 1 borrow transaction.

Liquidatable accounts count: 0

Accounts
Free collateral Before (USD)
Free collateral After (USD)
Diff (USD)

Nothing to display

Sanity check tests

4 unit tests failed. All of those tests were expected to fail given the very low caps.

4 tests failed:
1) wstETH
    borrow cap
      X should be within sane range

2) wstETH
    borrow cap
      X should be less than underlying token total supply

3) wstETH
    supply cap
      X should be within sane range

4) wstETH
    supply cap
      X should be less than underlying token total supply
      
MIP-B06 sanity check tests  
  Global governance parameters
      close factor
        ✔ should be within sane range
  USDC
    borrow cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 0.25x
      ✔ should be less than supply cap
      ✔ should be less than underlying token total supply (132ms)
      ✔ user cannot borrow more than borrow cap (10984ms)
    supply cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 4x
      ✔ should be less than underlying token total supply (75ms)
      ✔ user cannot deposit more than supply cap (1373ms)
    interest rate model
      ✔ kink should be within sane range
      ✔ base supply rate should be within sane range
      ✔ base borrow rate should be within sane range
      ✔ max supply rate should be within sane range
      ✔ max borrow rate should be within sane range
    collateral factor
      ✔ should not drastically change
      ✔ should be within sane range
      ✔ should make no account liquidatable (60424ms)
      ✔ should leave enough buffer for liquidation incentive

  USDbC
    borrow cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 0.25x
      ✔ should be less than supply cap
      ✔ should be less than underlying token total supply (124ms)
      ✔ user cannot borrow more than borrow cap (10578ms)
    supply cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 4x
      ✔ should be less than underlying token total supply (76ms)
      ✔ user cannot deposit more than supply cap (1357ms)
    interest rate model
      ✔ kink should be within sane range
      ✔ base supply rate should be within sane range
      ✔ base borrow rate should be within sane range
      ✔ max supply rate should be within sane range
      ✔ max borrow rate should be within sane range
    collateral factor
      ✔ should not drastically change
      ✔ should be within sane range
      ✔ should make no account liquidatable (56181ms)
      ✔ should leave enough buffer for liquidation incentive
  
  ETH
    borrow cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 0.25x
      ✔ should be less than supply cap
      ✔ should be less than underlying token total supply (114ms)
      ✔ user cannot borrow more than borrow cap
    supply cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 4x
      ✔ should be less than underlying token total supply (74ms)
      ✔ user cannot deposit more than supply cap (1347ms)
    interest rate model
      ✔ kink should be within sane range
      ✔ base supply rate should be within sane range
      ✔ base borrow rate should be within sane range
      ✔ max supply rate should be within sane range
      ✔ max borrow rate should be within sane range
    collateral factor
      ✔ should not drastically change
      ✔ should be within sane range
      ✔ should make no account liquidatable (67284ms)
      ✔ should leave enough buffer for liquidation incentive
      
  cbETH
    borrow cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 0.25x
      ✔ should be less than supply cap
      ✔ should be less than underlying token total supply (119ms)
      ✔ user cannot borrow more than borrow cap
    supply cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 4x
      ✔ should be less than underlying token total supply (75ms)
      ✔ user cannot deposit more than supply cap (1381ms)
    interest rate model
      ✔ kink should be within sane range
      ✔ base supply rate should be within sane range
      ✔ base borrow rate should be within sane range
      ✔ max supply rate should be within sane range
      ✔ max borrow rate should be within sane range
    collateral factor
      ✔ should not drastically change
      ✔ should be within sane range
      ✔ should make no account liquidatable (10082ms)
      ✔ should leave enough buffer for liquidation incentive
  
  DAI
    borrow cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 0.25x
      ✔ should be less than supply cap
      ✔ should be less than underlying token total supply (129ms)
      ✔ user cannot borrow more than borrow cap
    supply cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 4x
      ✔ should be less than underlying token total supply (75ms)
      ✔ user cannot deposit more than supply cap (1345ms)
    interest rate model
      ✔ kink should be within sane range
      ✔ base supply rate should be within sane range
      ✔ base borrow rate should be within sane range
      ✔ max supply rate should be within sane range
      ✔ max borrow rate should be within sane range
    collateral factor
      ✔ should not drastically change
      ✔ should be within sane range
      ✔ should make no account liquidatable (17280ms)
      ✔ should leave enough buffer for liquidation incentive

  wstETH
    borrow cap
      X should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 0.25x
      ✔ should be less than supply cap
      X should be less than underlying token total supply
      ✔ user cannot borrow more than borrow cap (10829ms)
    supply cap
      X should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 4x
      X should be less than underlying token total supply
      ✔ user cannot deposit more than supply cap (1359ms)
    interest rate model
      ✔ kink should be within sane range
      ✔ base supply rate should be within sane range
      ✔ base borrow rate should be within sane range
      ✔ max supply rate should be within sane range
      ✔ max borrow rate should be within sane range
    collateral factor
      ✔ should not drastically change
      ✔ should be within sane range
      ✔ should make no account liquidatable (17280ms)
      ✔ should leave enough buffer for liquidation incentive

Last updated