WildcatMarket.sol

The WildcatMarket is the final contract, containing all vault-related logic.

updateState

 function updateState() external;

Updates the market state.

Procedures:

• If the timestamp is that of the last state update:

  • Return the market state as is, performing no additional computations

• Otherwise:

  • If a withdrawal batch has expired:

    • Update the market state with the expiry timestamp for:

      • fees

      • delinquency when applicable

      • scale factor

      • withdrawal batch state

    • Process the expired withdrawal batch

  • Otherwise, continue

  • If the block timestamp is still not that of the last state update:

    • Update the market state with the expiry timestamp for:

      • fees

      • delinquency when applicable

      • scale factor

      • withdrawal batch state

  • Update the delinquency state

Logs:

• ScaleFactorUpdated

• StateUpdated

depositUpTo

 function depositUpTo(uint256 amount)
   public virtual nonReentrant returns (uint256);

Deposits up to a given amount.

Procedures:

• Update the market state

• Reduce amount if it would exceed total supply

• Scale the mint amount by the scale factor

• Transfer deposit from the caller

• Increase the total supply

• Update the delinquency state

Reverts if:

• the reentrancy guard is engaged.

• the scaled mint amount is zero.

• the caller is blacklisted.

• the caller is not authorized to deposit.

Logs:

• Transfer

• Deposit

deposit

 function deposit(uint256 amount)
   external virtual;

Calls depositUpTo internally then checks the total supply would have been exceeded.

Reverts if:

• amount would have exceeded the total supply.

collectFees

 function collectFees()
   external nonReentrant;

Collects protocol fees and updates the market state.

Coverage for deposits takes precedence over fee revenue.

Reverts if:

• the reentrancy guard is engaged.

• the total assets is less than the liquidity required for withdrawals.

Logs:

• FeesCollected

borrow

 function borrow(uint256 amount)
   external onlyBorrower nonReentrant;

Borrows an amount from the market and updates the market state.

Reverts if:

• the reentrancy guard is engaged.

• the caller is not the borrower.

• the amount is greater than the borrowable assets.

Logs:

• Borrow

closeMarket

 function closeMarket()
   external onlyController nonReentrant;

Sets the market to 0% APR, updates the market state, and transfers the outstanding balance for full redemption.

Reverts if:

• the reentrancy guard is engaged.

• the caller is not the controller.

Logs:

• MarketClosed