DutchAuctionRebalancer

Description:

Multi-signature wallet contract requiring multiple confirmations for transaction execution.

Blockchain: Ethereum

Source Code: View Code On The Blockchain

Solidity Source Code:

{{
  "language": "Solidity",
  "sources": {
    "src/DutchAuctionRebalancer.sol": {
      "content": "// SPDX-License-Identifier: MIT
pragma solidity ^0.8.26;

import {IERC20} from "@openzeppelin/contracts/token/ERC20/IERC20.sol";
import {SafeERC20} from "@openzeppelin/contracts/token/ERC20/utils/SafeERC20.sol";
import {Ownable} from "@openzeppelin/contracts/access/Ownable.sol";

import {ILeverageManager, LeverageTokenState} from "./interfaces/ILeverageManager.sol";
import {IRebalanceAdapter} from "./interfaces/IRebalanceAdapter.sol";
import {RebalanceStatus, RebalanceType} from "./DataTypes.sol";
import {IDutchAuctionRebalancer} from "./interfaces/IDutchAuctionRebalancer.sol";
import {IMulticallExecutor} from "./interfaces/IMulticallExecutor.sol";
import {ILendingAdapter} from "./interfaces/ILendingAdapter.sol";
import {IMorpho} from "./interfaces/IMorpho.sol";

contract DutchAuctionRebalancer is IDutchAuctionRebalancer, Ownable {
    ILeverageManager public immutable leverageManager;
    IMorpho public immutable morpho;

    modifier onlyMorpho() {
        if (msg.sender != address(morpho)) revert Unauthorized();
        _;
    }

    constructor(address _owner, address _leverageManager, address _morpho) Ownable(_owner) {
        leverageManager = ILeverageManager(_leverageManager);
        morpho = IMorpho(_morpho);
    }

    /// @inheritdoc IDutchAuctionRebalancer
    function sweepToken(address token, address to) external onlyOwner {
        SafeERC20.safeTransfer(IERC20(token), to, IERC20(token).balanceOf(address(this)));
    }

    /// @inheritdoc IDutchAuctionRebalancer
    function getRebalanceStatus(address leverageToken) public view returns (RebalanceStatus status) {
        IRebalanceAdapter rebalanceAdapter =
            IRebalanceAdapter(leverageManager.getLeverageTokenRebalanceAdapter(leverageToken));

        LeverageTokenState memory leverageTokenState = leverageManager.getLeverageTokenState(leverageToken);

        // If caller can be rebalanceAdapter than it means that strategy is eligible for rebalance through dutch auction
        bool isDutchEligible =
            rebalanceAdapter.isEligibleForRebalance(leverageToken, leverageTokenState, address(rebalanceAdapter));

        // If caller can be any address than it means that strategy is eligible for rebalance also through pre-liquidation
        bool isPreLiquidationEligible =
            rebalanceAdapter.isEligibleForRebalance(leverageToken, leverageTokenState, address(this));

        if (isPreLiquidationEligible) {
            return RebalanceStatus.PRE_LIQUIDATION_ELIGIBLE;
        }

        if (isDutchEligible) {
            return RebalanceStatus.DUTCH_AUCTION_ELIGIBLE;
        }

        return RebalanceStatus.NOT_ELIGIBLE;
    }

    /// @inheritdoc IDutchAuctionRebalancer
    function previewTakeAuction(address leverageToken, uint256 amountToTake, RebalanceType rebalanceType)
        external
        view
        returns (bool isAuctionValid, uint256 newCollateralRatio)
    {
        IRebalanceAdapter rebalanceAdapter =
            IRebalanceAdapter(leverageManager.getLeverageTokenRebalanceAdapter(leverageToken));

        if (!rebalanceAdapter.isAuctionValid()) {
            return (false, 0);
        }

        address lendingAdapter = leverageManager.getLeverageTokenLendingAdapter(leverageToken);

        LeverageTokenState memory leverageTokenState = leverageManager.getLeverageTokenState(leverageToken);

        uint256 amountIn = rebalanceAdapter.getAmountIn(amountToTake);

        uint256 newCollateralInDebtAsset;
        uint256 newDebt;

        if (rebalanceType == RebalanceType.REBALANCE_DOWN) {
            newCollateralInDebtAsset = leverageTokenState.collateralInDebtAsset
                + ILendingAdapter(lendingAdapter).convertCollateralToDebtAsset(amountIn);
            newDebt = leverageTokenState.debt + amountToTake;
        } else {
            uint256 collateralToAddInDebtAsset =
                ILendingAdapter(lendingAdapter).convertCollateralToDebtAsset(amountToTake);
            newCollateralInDebtAsset = leverageTokenState.collateralInDebtAsset > collateralToAddInDebtAsset
                ? leverageTokenState.collateralInDebtAsset - collateralToAddInDebtAsset
                : 0;
            newDebt = leverageTokenState.debt > amountIn ? leverageTokenState.debt - amountIn : 0;
        }

        newCollateralRatio = newDebt > 0 ? newCollateralInDebtAsset * 1e18 / newDebt : type(uint256).max;

        return (true, newCollateralRatio);
    }

    /// @inheritdoc IDutchAuctionRebalancer
    function createAuction(address leverageToken) public {
        RebalanceStatus status = getRebalanceStatus(leverageToken);

        if (status != RebalanceStatus.NOT_ELIGIBLE) {
            IRebalanceAdapter rebalanceAdapter =
                IRebalanceAdapter(leverageManager.getLeverageTokenRebalanceAdapter(leverageToken));

            bool auctionExists = rebalanceAdapter.isAuctionValid();
            if (!auctionExists) {
                rebalanceAdapter.createAuction();
                emit AuctionCreated(leverageToken, status);
            } else {
                revert AuctionAlreadyExists();
            }
        } else {
            revert IneligibleForRebalance();
        }
    }

    /// @inheritdoc IDutchAuctionRebalancer
    function takeAuction(
        IRebalanceAdapter rebalanceAdapter,
        IERC20 rebalanceAssetIn,
        IERC20 rebalanceAssetOut,
        uint256 amountToTake,
        IMulticallExecutor multicallExecutor,
        IMulticallExecutor.Call[] calldata swapCalls
    ) external onlyOwner {
        uint256 amountIn = IRebalanceAdapter(rebalanceAdapter).getAmountIn(amountToTake);

        morpho.flashLoan(
            address(rebalanceAssetIn),
            amountIn,
            abi.encode(
                TakeAuctionData({
                    rebalanceAdapter: rebalanceAdapter,
                    rebalanceAssetIn: rebalanceAssetIn,
                    rebalanceAssetOut: rebalanceAssetOut,
                    amountIn: amountIn,
                    amountToTake: amountToTake,
                    multicallExecutor: multicallExecutor,
                    swapCalls: swapCalls
                })
            )
        );
    }

    /// @inheritdoc IDutchAuctionRebalancer
    function onMorphoFlashLoan(uint256 flashLoanAmount, bytes calldata data) external onlyMorpho {
        TakeAuctionData memory takeAuctionData = abi.decode(data, (TakeAuctionData));

        IERC20[] memory tokens = new IERC20[](2);
        tokens[0] = takeAuctionData.rebalanceAssetIn;
        tokens[1] = takeAuctionData.rebalanceAssetOut;

        // Participate in the auction to rebalance
        SafeERC20.forceApprove(
            takeAuctionData.rebalanceAssetIn, address(takeAuctionData.rebalanceAdapter), takeAuctionData.amountIn
        );
        takeAuctionData.rebalanceAdapter.take(takeAuctionData.amountToTake);

        // Execute the swap using the MulticallExecutor. MulticallExecutor will sweep any remaining tokens to this contract
        // after executing the swap calls
        if (takeAuctionData.swapCalls.length > 0) {
            SafeERC20.safeTransfer(
                takeAuctionData.rebalanceAssetOut,
                address(takeAuctionData.multicallExecutor),
                takeAuctionData.amountToTake
            );
            takeAuctionData.multicallExecutor.multicallAndSweep(takeAuctionData.swapCalls, tokens);
        }

        // Repay flash loan from Morpho
        SafeERC20.forceApprove(takeAuctionData.rebalanceAssetIn, msg.sender, flashLoanAmount);
    }
}
"
    },
    "lib/openzeppelin-contracts/contracts/token/ERC20/IERC20.sol": {
      "content": "// SPDX-License-Identifier: MIT
// OpenZeppelin Contracts (last updated v5.1.0) (token/ERC20/IERC20.sol)

pragma solidity ^0.8.20;

/**
 * @dev Interface of the ERC-20 standard as defined in the ERC.
 */
interface IERC20 {
    /**
     * @dev Emitted when `value` tokens are moved from one account (`from`) to
     * another (`to`).
     *
     * Note that `value` may be zero.
     */
    event Transfer(address indexed from, address indexed to, uint256 value);

    /**
     * @dev Emitted when the allowance of a `spender` for an `owner` is set by
     * a call to {approve}. `value` is the new allowance.
     */
    event Approval(address indexed owner, address indexed spender, uint256 value);

    /**
     * @dev Returns the value of tokens in existence.
     */
    function totalSupply() external view returns (uint256);

    /**
     * @dev Returns the value of tokens owned by `account`.
     */
    function balanceOf(address account) external view returns (uint256);

    /**
     * @dev Moves a `value` amount of tokens from the caller's account to `to`.
     *
     * Returns a boolean value indicating whether the operation succeeded.
     *
     * Emits a {Transfer} event.
     */
    function transfer(address to, uint256 value) external returns (bool);

    /**
     * @dev Returns the remaining number of tokens that `spender` will be
     * allowed to spend on behalf of `owner` through {transferFrom}. This is
     * zero by default.
     *
     * This value changes when {approve} or {transferFrom} are called.
     */
    function allowance(address owner, address spender) external view returns (uint256);

    /**
     * @dev Sets a `value` amount of tokens as the allowance of `spender` over the
     * caller's tokens.
     *
     * Returns a boolean value indicating whether the operation succeeded.
     *
     * IMPORTANT: Beware that changing an allowance with this method brings the risk
     * that someone may use both the old and the new allowance by unfortunate
     * transaction ordering. One possible solution to mitigate this race
     * condition is to first reduce the spender's allowance to 0 and set the
     * desired value afterwards:
     * https://github.com/ethereum/EIPs/issues/20#issuecomment-263524729
     *
     * Emits an {Approval} event.
     */
    function approve(address spender, uint256 value) external returns (bool);

    /**
     * @dev Moves a `value` amount of tokens from `from` to `to` using the
     * allowance mechanism. `value` is then deducted from the caller's
     * allowance.
     *
     * Returns a boolean value indicating whether the operation succeeded.
     *
     * Emits a {Transfer} event.
     */
    function transferFrom(address from, address to, uint256 value) external returns (bool);
}
"
    },
    "lib/openzeppelin-contracts/contracts/token/ERC20/utils/SafeERC20.sol": {
      "content": "// SPDX-License-Identifier: MIT
// OpenZeppelin Contracts (last updated v5.3.0) (token/ERC20/utils/SafeERC20.sol)

pragma solidity ^0.8.20;

import {IERC20} from "../IERC20.sol";
import {IERC1363} from "../../../interfaces/IERC1363.sol";

/**
 * @title SafeERC20
 * @dev Wrappers around ERC-20 operations that throw on failure (when the token
 * contract returns false). Tokens that return no value (and instead revert or
 * throw on failure) are also supported, non-reverting calls are assumed to be
 * successful.
 * To use this library you can add a `using SafeERC20 for IERC20;` statement to your contract,
 * which allows you to call the safe operations as `token.safeTransfer(...)`, etc.
 */
library SafeERC20 {
    /**
     * @dev An operation with an ERC-20 token failed.
     */
    error SafeERC20FailedOperation(address token);

    /**
     * @dev Indicates a failed `decreaseAllowance` request.
     */
    error SafeERC20FailedDecreaseAllowance(address spender, uint256 currentAllowance, uint256 requestedDecrease);

    /**
     * @dev Transfer `value` amount of `token` from the calling contract to `to`. If `token` returns no value,
     * non-reverting calls are assumed to be successful.
     */
    function safeTransfer(IERC20 token, address to, uint256 value) internal {
        _callOptionalReturn(token, abi.encodeCall(token.transfer, (to, value)));
    }

    /**
     * @dev Transfer `value` amount of `token` from `from` to `to`, spending the approval given by `from` to the
     * calling contract. If `token` returns no value, non-reverting calls are assumed to be successful.
     */
    function safeTransferFrom(IERC20 token, address from, address to, uint256 value) internal {
        _callOptionalReturn(token, abi.encodeCall(token.transferFrom, (from, to, value)));
    }

    /**
     * @dev Variant of {safeTransfer} that returns a bool instead of reverting if the operation is not successful.
     */
    function trySafeTransfer(IERC20 token, address to, uint256 value) internal returns (bool) {
        return _callOptionalReturnBool(token, abi.encodeCall(token.transfer, (to, value)));
    }

    /**
     * @dev Variant of {safeTransferFrom} that returns a bool instead of reverting if the operation is not successful.
     */
    function trySafeTransferFrom(IERC20 token, address from, address to, uint256 value) internal returns (bool) {
        return _callOptionalReturnBool(token, abi.encodeCall(token.transferFrom, (from, to, value)));
    }

    /**
     * @dev Increase the calling contract's allowance toward `spender` by `value`. If `token` returns no value,
     * non-reverting calls are assumed to be successful.
     *
     * IMPORTANT: If the token implements ERC-7674 (ERC-20 with temporary allowance), and if the "client"
     * smart contract uses ERC-7674 to set temporary allowances, then the "client" smart contract should avoid using
     * this function. Performing a {safeIncreaseAllowance} or {safeDecreaseAllowance} operation on a token contract
     * that has a non-zero temporary allowance (for that particular owner-spender) will result in unexpected behavior.
     */
    function safeIncreaseAllowance(IERC20 token, address spender, uint256 value) internal {
        uint256 oldAllowance = token.allowance(address(this), spender);
        forceApprove(token, spender, oldAllowance + value);
    }

    /**
     * @dev Decrease the calling contract's allowance toward `spender` by `requestedDecrease`. If `token` returns no
     * value, non-reverting calls are assumed to be successful.
     *
     * IMPORTANT: If the token implements ERC-7674 (ERC-20 with temporary allowance), and if the "client"
     * smart contract uses ERC-7674 to set temporary allowances, then the "client" smart contract should avoid using
     * this function. Performing a {safeIncreaseAllowance} or {safeDecreaseAllowance} operation on a token contract
     * that has a non-zero temporary allowance (for that particular owner-spender) will result in unexpected behavior.
     */
    function safeDecreaseAllowance(IERC20 token, address spender, uint256 requestedDecrease) internal {
        unchecked {
            uint256 currentAllowance = token.allowance(address(this), spender);
            if (currentAllowance < requestedDecrease) {
                revert SafeERC20FailedDecreaseAllowance(spender, currentAllowance, requestedDecrease);
            }
            forceApprove(token, spender, currentAllowance - requestedDecrease);
        }
    }

    /**
     * @dev Set the calling contract's allowance toward `spender` to `value`. If `token` returns no value,
     * non-reverting calls are assumed to be successful. Meant to be used with tokens that require the approval
     * to be set to zero before setting it to a non-zero value, such as USDT.
     *
     * NOTE: If the token implements ERC-7674, this function will not modify any temporary allowance. This function
     * only sets the "standard" allowance. Any temporary allowance will remain active, in addition to the value being
     * set here.
     */
    function forceApprove(IERC20 token, address spender, uint256 value) internal {
        bytes memory approvalCall = abi.encodeCall(token.approve, (spender, value));

        if (!_callOptionalReturnBool(token, approvalCall)) {
            _callOptionalReturn(token, abi.encodeCall(token.approve, (spender, 0)));
            _callOptionalReturn(token, approvalCall);
        }
    }

    /**
     * @dev Performs an {ERC1363} transferAndCall, with a fallback to the simple {ERC20} transfer if the target has no
     * code. This can be used to implement an {ERC721}-like safe transfer that rely on {ERC1363} checks when
     * targeting contracts.
     *
     * Reverts if the returned value is other than `true`.
     */
    function transferAndCallRelaxed(IERC1363 token, address to, uint256 value, bytes memory data) internal {
        if (to.code.length == 0) {
            safeTransfer(token, to, value);
        } else if (!token.transferAndCall(to, value, data)) {
            revert SafeERC20FailedOperation(address(token));
        }
    }

    /**
     * @dev Performs an {ERC1363} transferFromAndCall, with a fallback to the simple {ERC20} transferFrom if the target
     * has no code. This can be used to implement an {ERC721}-like safe transfer that rely on {ERC1363} checks when
     * targeting contracts.
     *
     * Reverts if the returned value is other than `true`.
     */
    function transferFromAndCallRelaxed(
        IERC1363 token,
        address from,
        address to,
        uint256 value,
        bytes memory data
    ) internal {
        if (to.code.length == 0) {
            safeTransferFrom(token, from, to, value);
        } else if (!token.transferFromAndCall(from, to, value, data)) {
            revert SafeERC20FailedOperation(address(token));
        }
    }

    /**
     * @dev Performs an {ERC1363} approveAndCall, with a fallback to the simple {ERC20} approve if the target has no
     * code. This can be used to implement an {ERC721}-like safe transfer that rely on {ERC1363} checks when
     * targeting contracts.
     *
     * NOTE: When the recipient address (`to`) has no code (i.e. is an EOA), this function behaves as {forceApprove}.
     * Opposedly, when the recipient address (`to`) has code, this function only attempts to call {ERC1363-approveAndCall}
     * once without retrying, and relies on the returned value to be true.
     *
     * Reverts if the returned value is other than `true`.
     */
    function approveAndCallRelaxed(IERC1363 token, address to, uint256 value, bytes memory data) internal {
        if (to.code.length == 0) {
            forceApprove(token, to, value);
        } else if (!token.approveAndCall(to, value, data)) {
            revert SafeERC20FailedOperation(address(token));
        }
    }

    /**
     * @dev Imitates a Solidity high-level call (i.e. a regular function call to a contract), relaxing the requirement
     * on the return value: the return value is optional (but if data is returned, it must not be false).
     * @param token The token targeted by the call.
     * @param data The call data (encoded using abi.encode or one of its variants).
     *
     * This is a variant of {_callOptionalReturnBool} that reverts if call fails to meet the requirements.
     */
    function _callOptionalReturn(IERC20 token, bytes memory data) private {
        uint256 returnSize;
        uint256 returnValue;
        assembly ("memory-safe") {
            let success := call(gas(), token, 0, add(data, 0x20), mload(data), 0, 0x20)
            // bubble errors
            if iszero(success) {
                let ptr := mload(0x40)
                returndatacopy(ptr, 0, returndatasize())
                revert(ptr, returndatasize())
            }
            returnSize := returndatasize()
            returnValue := mload(0)
        }

        if (returnSize == 0 ? address(token).code.length == 0 : returnValue != 1) {
            revert SafeERC20FailedOperation(address(token));
        }
    }

    /**
     * @dev Imitates a Solidity high-level call (i.e. a regular function call to a contract), relaxing the requirement
     * on the return value: the return value is optional (but if data is returned, it must not be false).
     * @param token The token targeted by the call.
     * @param data The call data (encoded using abi.encode or one of its variants).
     *
     * This is a variant of {_callOptionalReturn} that silently catches all reverts and returns a bool instead.
     */
    function _callOptionalReturnBool(IERC20 token, bytes memory data) private returns (bool) {
        bool success;
        uint256 returnSize;
        uint256 returnValue;
        assembly ("memory-safe") {
            success := call(gas(), token, 0, add(data, 0x20), mload(data), 0, 0x20)
            returnSize := returndatasize()
            returnValue := mload(0)
        }
        return success && (returnSize == 0 ? address(token).code.length > 0 : returnValue == 1);
    }
}
"
    },
    "lib/openzeppelin-contracts/contracts/access/Ownable.sol": {
      "content": "// SPDX-License-Identifier: MIT
// OpenZeppelin Contracts (last updated v5.0.0) (access/Ownable.sol)

pragma solidity ^0.8.20;

import {Context} from "../utils/Context.sol";

/**
 * @dev Contract module which provides a basic access control mechanism, where
 * there is an account (an owner) that can be granted exclusive access to
 * specific functions.
 *
 * The initial owner is set to the address provided by the deployer. This can
 * later be changed with {transferOwnership}.
 *
 * This module is used through inheritance. It will make available the modifier
 * `onlyOwner`, which can be applied to your functions to restrict their use to
 * the owner.
 */
abstract contract Ownable is Context {
    address private _owner;

    /**
     * @dev The caller account is not authorized to perform an operation.
     */
    error OwnableUnauthorizedAccount(address account);

    /**
     * @dev The owner is not a valid owner account. (eg. `address(0)`)
     */
    error OwnableInvalidOwner(address owner);

    event OwnershipTransferred(address indexed previousOwner, address indexed newOwner);

    /**
     * @dev Initializes the contract setting the address provided by the deployer as the initial owner.
     */
    constructor(address initialOwner) {
        if (initialOwner == address(0)) {
            revert OwnableInvalidOwner(address(0));
        }
        _transferOwnership(initialOwner);
    }

    /**
     * @dev Throws if called by any account other than the owner.
     */
    modifier onlyOwner() {
        _checkOwner();
        _;
    }

    /**
     * @dev Returns the address of the current owner.
     */
    function owner() public view virtual returns (address) {
        return _owner;
    }

    /**
     * @dev Throws if the sender is not the owner.
     */
    function _checkOwner() internal view virtual {
        if (owner() != _msgSender()) {
            revert OwnableUnauthorizedAccount(_msgSender());
        }
    }

    /**
     * @dev Leaves the contract without owner. It will not be possible to call
     * `onlyOwner` functions. Can only be called by the current owner.
     *
     * NOTE: Renouncing ownership will leave the contract without an owner,
     * thereby disabling any functionality that is only available to the owner.
     */
    function renounceOwnership() public virtual onlyOwner {
        _transferOwnership(address(0));
    }

    /**
     * @dev Transfers ownership of the contract to a new account (`newOwner`).
     * Can only be called by the current owner.
     */
    function transferOwnership(address newOwner) public virtual onlyOwner {
        if (newOwner == address(0)) {
            revert OwnableInvalidOwner(address(0));
        }
        _transferOwnership(newOwner);
    }

    /**
     * @dev Transfers ownership of the contract to a new account (`newOwner`).
     * Internal function without access restriction.
     */
    function _transferOwnership(address newOwner) internal virtual {
        address oldOwner = _owner;
        _owner = newOwner;
        emit OwnershipTransferred(oldOwner, newOwner);
    }
}
"
    },
    "src/interfaces/ILeverageManager.sol": {
      "content": "// SPDX-License-Identifier: MIT
pragma solidity ^0.8.26;

import {LeverageTokenState, RebalanceAction} from "src/DataTypes.sol";

interface ILeverageManager {
    function getLeverageTokenRebalanceAdapter(address token) external view returns (address);

    function getLeverageTokenLendingAdapter(address token) external view returns (address);

    function getLeverageTokenState(address token) external view returns (LeverageTokenState memory state);

    function rebalance(
        address leverageToken,
        RebalanceAction[] calldata actions,
        address tokenIn,
        address tokenOut,
        uint256 amountIn,
        uint256 amountOut
    ) external;
}
"
    },
    "src/interfaces/IRebalanceAdapter.sol": {
      "content": "// SPDX-License-Identifier: MIT
pragma solidity ^0.8.26;

import {LeverageTokenState} from "src/DataTypes.sol";

interface IRebalanceAdapter {
    function isEligibleForRebalance(address token, LeverageTokenState memory state, address caller)
        external
        view
        returns (bool isEligible);

    function getCollateralRatioThreshold() external view returns (uint256);

    function getCurrentAuctionMultiplier() external view returns (uint256 multiplier);

    function isAuctionValid() external view returns (bool isValid);

    function getAmountIn(uint256 amountToTake) external view returns (uint256 amountIn);

    function getRebalanceReward() external view returns (uint256);

    function createAuction() external;

    function take(uint256 amount) external;
}
"
    },
    "src/DataTypes.sol": {
      "content": "// SPDX-License-Identifier: MIT
pragma solidity ^0.8.13;

struct LeverageTokenState {
    uint256 collateralInDebtAsset;
    uint256 debt;
    uint256 equity;
    uint256 collateralRatio;
}

enum RebalanceStatus {
    NOT_ELIGIBLE,
    DUTCH_AUCTION_ELIGIBLE,
    PRE_LIQUIDATION_ELIGIBLE
}

enum RebalanceType {
    REBALANCE_DOWN,
    REBALANCE_UP
}

enum ActionType {
    AddCollateral,
    RemoveCollateral,
    Borrow,
    Repay
}

struct RebalanceAction {
    ActionType actionType;
    uint256 amount;
}
"
    },
    "src/interfaces/IDutchAuctionRebalancer.sol": {
      "content": "// SPDX-License-Identifier: MIT
pragma solidity ^0.8.26;

import {IERC20} from "@openzeppelin/contracts/token/ERC20/IERC20.sol";

import {RebalanceStatus, RebalanceType} from "src/DataTypes.sol";
import {IMulticallExecutor} from "./IMulticallExecutor.sol";
import {IRebalanceAdapter} from "./IRebalanceAdapter.sol";

interface IDutchAuctionRebalancer {

    /// @notice Struct containing the data for taking an auction
    struct TakeAuctionData {
        /// @notice The rebalance adapter
        IRebalanceAdapter rebalanceAdapter;
        /// @notice The asset to give for the rebalance, which is flash loaned from Morpho
        IERC20 rebalanceAssetIn;
        /// @notice The asset to receive from the rebalance
        IERC20 rebalanceAssetOut;
        /// @notice The amount to give for the rebalance
        uint256 amountIn;
        /// @notice The amount to take from the auction
        uint256 amountToTake;
        /// @notice The multicall executor
        IMulticallExecutor multicallExecutor;
        /// @notice The calls to execute for the swap of the asset received from the rebalance using the multicall executor
        /// to get the assets required to repay the flash loan
        IMulticallExecutor.Call[] swapCalls;
    }

    /// @notice Error thrown when the auction already exists
    error AuctionAlreadyExists();

    /// @notice Error thrown when the leverage token is not eligible for rebalancing
    error IneligibleForRebalance();

    /// @notice Error thrown when the caller is not authorized
    error Unauthorized();

    /// @notice Emitted when an auction is created
    event AuctionCreated(address indexed leverageToken, RebalanceStatus indexed status);

    /// @notice Get the rebalance status of a leverage token
    /// @param leverageToken The address of the leverage token
    /// @return status The rebalance status of the leverage token
    /// @dev The rebalance status is one of the following:
    /// - NOT_ELIGIBLE: The leverage token is not eligible for rebalancing
    /// - DUTCH_AUCTION_ELIGIBLE: The leverage token is eligible for Dutch rebalancing
    /// - PRE_LIQUIDATION_ELIGIBLE: The leverage token is eligible for pre-liquidation rebalancing
    function getRebalanceStatus(address leverageToken) external view returns (RebalanceStatus status);

    /// @notice Preview the new collateral ratio after taking an auction
    /// @param leverageToken The address of the leverage token
    /// @param amountToTake The amount to take from the auction
    /// @param rebalanceType The rebalance type
    /// @return isAuctionValid Whether the auction is valid / if one exists
    /// @return newCollateralRatio The new collateral ratio, or zero if the auction is not valid
    function previewTakeAuction(address leverageToken, uint256 amountToTake, RebalanceType rebalanceType)
        external
        view
        returns (bool isAuctionValid, uint256 newCollateralRatio);

    /// @notice Transfers the balance of a token held by the contract to an address
    /// @param token The address of the token to sweep
    /// @param to The address to sweep the token to
    function sweepToken(address token, address to) external;

    /// @notice Create an auction for a leverage token
    /// @param leverageToken The address of the leverage token
    /// @dev This function will revert if the auction already exists or if the leverage token is not eligible for rebalancing
    function createAuction(address leverageToken) external;

    /// @notice Take an auction for a leverage token
    /// @param rebalanceAdapter The address of the rebalance adapter
    /// @param rebalanceAssetIn The asset to give for the rebalance, which is flash loaned from Morpho
    /// @param rebalanceAssetOut The asset to receive from the rebalance
    /// @param amountToTake The amount to take from the auction
    /// @param multicallExecutor The address of the multicall executor
    /// @param swapCalls The calls to execute for the swap of the asset received from the rebalance using the multicall executor
    /// to get the assets required to repay the flash loan
    /// @dev The amount of `rebalanceAssetIn` flash loaned is determined by `rebalanceAdapter.getAmountIn(amountToTake)`
    function takeAuction(
        IRebalanceAdapter rebalanceAdapter,
        IERC20 rebalanceAssetIn,
        IERC20 rebalanceAssetOut,
        uint256 amountToTake,
        IMulticallExecutor multicallExecutor,
        IMulticallExecutor.Call[] calldata swapCalls
    ) external;

    /// @notice Called by Morpho when a flash loan is received
    /// @param amount The amount of the flash loan
    /// @param data The data of the flash loan
    function onMorphoFlashLoan(uint256 amount, bytes calldata data) external;
}
"
    },
    "src/interfaces/IMulticallExecutor.sol": {
      "content": "// SPDX-License-Identifier: MIT
pragma solidity ^0.8.26;

// Dependency imports
import {IERC20} from "@openzeppelin/contracts/token/ERC20/IERC20.sol";

interface IMulticallExecutor {
    /// @notice Struct containing the target, value, and data for a single external call.
    struct Call {
        address target; // Call target
        uint256 value; // ETH value to send
        bytes data; // Calldata to execute
    }

    /// @notice Executes a multicall and sweeps tokens afterwards
    /// @param calls The calls to execute
    /// @param tokens The tokens to sweep to the sender after executing the calls. ETH is always swept to the sender.
    function multicallAndSweep(Call[] calldata calls, IERC20[] calldata tokens) external;
}
"
    },
    "src/interfaces/ILendingAdapter.sol": {
      "content": "// SPDX-License-Identifier: MIT
pragma solidity ^0.8.13;

interface ILendingAdapter {
    function getCollateralAsset() external view returns (address);

    function getDebtAsset() external view returns (address);

    function getCollateral() external view returns (uint256);

    function getDebt() external view returns (uint256);

    function convertCollateralToDebtAsset(uint256 amount) external view returns (uint256);

    function getLiquidationPenalty() external view returns (uint256);
}
"
    },
    "src/interfaces/IMorpho.sol": {
      "content": "// SPDX-License-Identifier: MIT
pragma solidity ^0.8.13;

interface IMorpho {
    function flashLoan(address token, uint256 amount, bytes calldata data) external;
}
"
    },
    "lib/openzeppelin-contracts/contracts/interfaces/IERC1363.sol": {
      "content": "// SPDX-License-Identifier: MIT
// OpenZeppelin Contracts (last updated v5.1.0) (interfaces/IERC1363.sol)

pragma solidity ^0.8.20;

import {IERC20} from "./IERC20.sol";
import {IERC165} from "./IERC165.sol";

/**
 * @title IERC1363
 * @dev Interface of the ERC-1363 standard as defined in the https://eips.ethereum.org/EIPS/eip-1363[ERC-1363].
 *
 * Defines an extension interface for ERC-20 tokens that supports executing code on a recipient contract
 * after `transfer` or `transferFrom`, or code on a spender contract after `approve`, in a single transaction.
 */
interface IERC1363 is IERC20, IERC165 {
    /*
     * Note: the ERC-165 identifier for this interface is 0xb0202a11.
     * 0xb0202a11 ===
     *   bytes4(keccak256('transferAndCall(address,uint256)')) ^
     *   bytes4(keccak256('transferAndCall(address,uint256,bytes)')) ^
     *   bytes4(keccak256('transferFromAndCall(address,address,uint256)')) ^
     *   bytes4(keccak256('transferFromAndCall(address,address,uint256,bytes)')) ^
     *   bytes4(keccak256('approveAndCall(address,uint256)')) ^
     *   bytes4(keccak256('approveAndCall(address,uint256,bytes)'))
     */

    /**
     * @dev Moves a `value` amount of tokens from the caller's account to `to`
     * and then calls {IERC1363Receiver-onTransferReceived} on `to`.
     * @param to The address which you want to transfer to.
     * @param value The amount of tokens to be transferred.
     * @return A boolean value indicating whether the operation succeeded unless throwing.
     */
    function transferAndCall(address to, uint256 value) external returns (bool);

    /**
     * @dev Moves a `value` amount of tokens from the caller's account to `to`
     * and then calls {IERC1363Receiver-onTransferReceived} on `to`.
     * @param to The address which you want to transfer to.
     * @param value The amount of tokens to be transferred.
     * @param data Additional data with no specified format, sent in call to `to`.
     * @return A boolean value indicating whether the operation succeeded unless throwing.
     */
    function transferAndCall(address to, uint256 value, bytes calldata data) external returns (bool);

    /**
     * @dev Moves a `value` amount of tokens from `from` to `to` using the allowance mechanism
     * and then calls {IERC1363Receiver-onTransferReceived} on `to`.
     * @param from The address which you want to send tokens from.
     * @param to The address which you want to transfer to.
     * @param value The amount of tokens to be transferred.
     * @return A boolean value indicating whether the operation succeeded unless throwing.
     */
    function transferFromAndCall(address from, address to, uint256 value) external returns (bool);

    /**
     * @dev Moves a `value` amount of tokens from `from` to `to` using the allowance mechanism
     * and then calls {IERC1363Receiver-onTransferReceived} on `to`.
     * @param from The address which you want to send tokens from.
     * @param to The address which you want to transfer to.
     * @param value The amount of tokens to be transferred.
     * @param data Additional data with no specified format, sent in call to `to`.
     * @return A boolean value indicating whether the operation succeeded unless throwing.
     */
    function transferFromAndCall(address from, address to, uint256 value, bytes calldata data) external returns (bool);

    /**
     * @dev Sets a `value` amount of tokens as the allowance of `spender` over the
     * caller's tokens and then calls {IERC1363Spender-onApprovalReceived} on `spender`.
     * @param spender The address which will spend the funds.
     * @param value The amount of tokens to be spent.
     * @return A boolean value indicating whether the operation succeeded unless throwing.
     */
    function approveAndCall(address spender, uint256 value) external returns (bool);

    /**
     * @dev Sets a `value` amount of tokens as the allowance of `spender` over the
     * caller's tokens and then calls {IERC1363Spender-onApprovalReceived} on `spender`.
     * @param spender The address which will spend the funds.
     * @param value The amount of tokens to be spent.
     * @param data Additional data with no specified format, sent in call to `spender`.
     * @return A boolean value indicating whether the operation succeeded unless throwing.
     */
    function approveAndCall(address spender, uint256 value, bytes calldata data) external returns (bool);
}
"
    },
    "lib/openzeppelin-contracts/contracts/utils/Context.sol": {
      "content": "// SPDX-License-Identifier: MIT
// OpenZeppelin Contracts (last updated v5.0.1) (utils/Context.sol)

pragma solidity ^0.8.20;

/**
 * @dev Provides information about the current execution context, including the
 * sender of the transaction and its data. While these are generally available
 * via msg.sender and msg.data, they should not be accessed in such a direct
 * manner, since when dealing with meta-transactions the account sending and
 * paying for execution may not be the actual sender (as far as an application
 * is concerned).
 *
 * This contract is only required for intermediate, library-like contracts.
 */
abstract contract Context {
    function _msgSender() internal view virtual returns (address) {
        return msg.sender;
    }

    function _msgData() internal view virtual returns (bytes calldata) {
        return msg.data;
    }

    function _contextSuffixLength() internal view virtual returns (uint256) {
        return 0;
    }
}
"
    },
    "lib/openzeppelin-contracts/contracts/interfaces/IERC20.sol": {
      "content": "// SPDX-License-Identifier: MIT
// OpenZeppelin Contracts (last updated v5.0.0) (interfaces/IERC20.sol)

pragma solidity ^0.8.20;

import {IERC20} from "../token/ERC20/IERC20.sol";
"
    },
    "lib/openzeppelin-contracts/contracts/interfaces/IERC165.sol": {
      "content": "// SPDX-License-Identifier: MIT
// OpenZeppelin Contracts (last updated v5.0.0) (interfaces/IERC165.sol)

pragma solidity ^0.8.20;

import {IERC165} from "../utils/introspection/IERC165.sol";
"
    },
    "lib/openzeppelin-contracts/contracts/utils/introspection/IERC165.sol": {
      "content": "// SPDX-License-Identifier: MIT
// OpenZeppelin Contracts (last updated v5.1.0) (utils/introspection/IERC165.sol)

pragma solidity ^0.8.20;

/**
 * @dev Interface of the ERC-165 standard, as defined in the
 * https://eips.ethereum.org/EIPS/eip-165[ERC].
 *
 * Implementers can declare support of contract interfaces, which can then be
 * queried by others ({ERC165Checker}).
 *
 * For an implementation, see {ERC165}.
 */
interface IERC165 {
    /**
     * @dev Returns true if this contract implements the interface defined by
     * `interfaceId`. See the corresponding
     * https://eips.ethereum.org/EIPS/eip-165#how-interfaces-are-identified[ERC section]
     * to learn more about how these ids are created.
     *
     * This function call must use less than 30 000 gas.
     */
    function supportsInterface(bytes4 interfaceId) external view returns (bool);
}
"
    }
  },
  "settings": {
    "remappings": [
      "@openzeppelin/contracts/=lib/openzeppelin-contracts/contracts/",
      "erc4626-tests/=lib/openzeppelin-contracts/lib/erc4626-tests/",
      "forge-std/=lib/forge-std/src/",
      "halmos-cheatcodes/=lib/openzeppelin-contracts/lib/halmos-cheatcodes/src/",
      "openzeppelin-contracts/=lib/openzeppelin-contracts/"
    ],
    "optimizer": {
      "enabled": true,
      "runs": 50000
    },
    "metadata": {
      "useLiteralContent": false,
      "bytecodeHash": "ipfs",
      "appendCBOR": true
    },
    "outputSelection": {
      "*": {
        "*": [
          "evm.bytecode",
          "evm.deployedBytecode",
          "devdoc",
          "userdoc",
          "metadata",
          "abi"
        ]
      }
    },
    "evmVersion": "prague",
    "viaIR": true
  }
}}

Tags:
ERC20, ERC165, Multisig, Swap, Multi-Signature, Factory|addr:0x821ef3a859ad526c6bbb5391eb217d04a8c61104|verified:true|block:23541817|tx:0xc4140542b1f90244ee1722bb42979f10f5f89d28b1e6f1cffe5d36b7d7a42b8c|first_check:1760036334

Submitted on: 2025-10-09 20:58:55

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