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Add the aRAI rate provider #4

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50 changes: 50 additions & 0 deletions contracts/aRAIRedemptionRateProvider.sol
Original file line number Diff line number Diff line change
@@ -0,0 +1,50 @@
// SPDX-License-Identifier: GPL-3.0-or-later
// This program is free software: you can redistribute it and/or modify
// it under the terms of the GNU General Public License as published by
// the Free Software Foundation, either version 3 of the License, or
// (at your option) any later version.

// This program is distributed in the hope that it will be useful,
// but WITHOUT ANY WARRANTY; without even the implied warranty of
// MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the
// GNU General Public License for more details.

// You should have received a copy of the GNU General Public License
// along with this program. If not, see <http://www.gnu.org/licenses/>.

pragma solidity ^0.8.0;

import "./interfaces/IRateProvider.sol";
import "./interfaces/IRedemptionPriceSnap.sol";
import "./interfaces/IAaveV2LendingPool.sol";

/**
* @title RAI Redemption Price Rate Provider
* @notice Returns the redemption price of RAI in terms of USD
*/
contract RAIRedemptionRateProvider is IRateProvider {
address public immutable rai;
IRedemptionPriceSnap public immutable redemptionPriceSnap;
IAaveV2LendingPool public immutable aaveV2LendingPool;

constructor(
address _rai,
IRedemptionPriceSnap _redemptionPriceSnap,
IAaveV2LendingPool _aaveV2LendingPool
) {
rai = _rai;
redemptionPriceSnap = _redemptionPriceSnap;
aaveV2LendingPool = _aaveV2LendingPool;
}

/**
* @return The redemption price of RAI in terms of USD
*/
function getRate() external view override returns (uint256) {
// snappedRedemptionPrice is RAY, we need to convert it to WAD
uint256 raiRedemptionPrice = redemptionPriceSnap.snappedRedemptionPrice() / 10**9;

// Return the RAI aToken USD price as WAD
return (raiRedemptionPrice * aaveV2LendingPool.getReserveNormalizedIncome(rai)) / 10**27;
}
}
19 changes: 19 additions & 0 deletions contracts/interfaces/IAaveV2LendingPool.sol
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// SPDX-License-Identifier: GPL-3.0-or-later
// This program is free software: you can redistribute it and/or modify
// it under the terms of the GNU General Public License as published by
// the Free Software Foundation, either version 3 of the License, or
// (at your option) any later version.

// This program is distributed in the hope that it will be useful,
// but WITHOUT ANY WARRANTY; without even the implied warranty of
// MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the
// GNU General Public License for more details.

// You should have received a copy of the GNU General Public License
// along with this program. If not, see <http://www.gnu.org/licenses/>.

pragma solidity ^0.8.0;

interface IAaveV2LendingPool {
function getReserveNormalizedIncome(address asset) external view returns (uint256);
}
19 changes: 19 additions & 0 deletions contracts/interfaces/IRedemptionPriceSnap.sol
Original file line number Diff line number Diff line change
@@ -0,0 +1,19 @@
// SPDX-License-Identifier: GPL-3.0-or-later
// This program is free software: you can redistribute it and/or modify
// it under the terms of the GNU General Public License as published by
// the Free Software Foundation, either version 3 of the License, or
// (at your option) any later version.

// This program is distributed in the hope that it will be useful,
// but WITHOUT ANY WARRANTY; without even the implied warranty of
// MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the
// GNU General Public License for more details.

// You should have received a copy of the GNU General Public License
// along with this program. If not, see <http://www.gnu.org/licenses/>.

pragma solidity ^0.8.0;

interface IRedemptionPriceSnap {
function snappedRedemptionPrice() external view returns (uint256);
}