@agoric/inter-protocol 0.16.2-dev-8bcf6af.0 → 0.16.2-dev-8baf0aa.0

package/src/vaultFactory/vaultManager.js

@@ -106,16 +106,16 @@ const trace = makeTracer('VM');
 
 /**
  * @typedef {{
- *   compoundedStabilityFee: Ratio;
- *   stabilityFee: Ratio;
- *   latestStabilityFeeUpdate: Timestamp;
+ *   compoundedInterest: Ratio;
+ *   interestRate: Ratio;
+ *   latestInterestUpdate: Timestamp;
  * }} AssetState
  *
  * @typedef {{
  *   getChargingPeriod: () => RelativeTime;
  *   getRecordingPeriod: () => RelativeTime;
  *   getDebtLimit: () => Amount<'nat'>;
- *   getStabilityFee: () => Ratio;
+ *   getInterestRate: () => Ratio;
  *   getLiquidationPadding: () => Ratio;
  *   getLiquidationMargin: () => Ratio;
  *   getLiquidationPenalty: () => Ratio;
@@ -149,8 +149,8 @@ const trace = makeTracer('VM');
 
 /**
  * @typedef {{
- *   compoundedStabilityFee: Ratio;
- *   latestStabilityFeeUpdate: Timestamp;
+ *   compoundedInterest: Ratio;
+ *   latestInterestUpdate: Timestamp;
  *   numLiquidationsCompleted: number;
  *   numLiquidationsAborted: number;
  *   totalCollateral: Amount<'nat'>;
@@ -242,8 +242,8 @@ export const prepareVaultManagerKit = (
     return harden({
       ...params,
       ...immutable,
-      compoundedStabilityFee: makeRatio(100n, debtBrand), // starts at 1.0, no interest
-      latestStabilityFeeUpdate: startTimeStamp,
+      compoundedInterest: makeRatio(100n, debtBrand), // starts at 1.0, no interest
+      latestInterestUpdate: startTimeStamp,
       numLiquidationsCompleted: 0,
       numLiquidationsAborted: 0,
       totalCollateral: zeroCollateral,
@@ -267,7 +267,7 @@ export const prepareVaultManagerKit = (
         makeVaultInvitation: M.call().returns(M.promise()),
         getPublicTopics: M.call().returns(TopicsRecordShape),
         getQuotes: M.call().returns(NotifierShape),
-        getCompoundedStabilityFee: M.call().returns(RatioShape),
+        getCompoundedInterest: M.call().returns(RatioShape),
       }),
       helper: M.interface(
         'helper',
@@ -288,7 +288,7 @@ export const prepareVaultManagerKit = (
         getAssetSubscriber: M.call().returns(SubscriberShape),
         getCollateralBrand: M.call().returns(BrandShape),
         getDebtBrand: M.call().returns(BrandShape),
-        getCompoundedStabilityFee: M.call().returns(RatioShape),
+        getCompoundedInterest: M.call().returns(RatioShape),
         scopeDescription: M.call(M.string()).returns(M.string()),
         handleBalanceChange: M.call(
           AmountShape,
@@ -331,8 +331,8 @@ export const prepareVaultManagerKit = (
           const ephemera = collateralEphemera(this.state.collateralBrand);
           return ephemera.storedQuotesNotifier;
         },
-        getCompoundedStabilityFee() {
-          return this.state.compoundedStabilityFee;
+        getCompoundedInterest() {
+          return this.state.compoundedInterest;
         },
         getPublicTopics() {
           const { assetTopicKit, metricsTopicKit } = this.state;
@@ -427,9 +427,9 @@ export const prepareVaultManagerKit = (
             updateTime,
           });
 
-          const stabilityFee = factoryPowers
+          const interestRate = factoryPowers
             .getGovernedParams(collateralBrand)
-            .getStabilityFee();
+            .getInterestRate();
 
           // Update state with the results of charging interest
 
@@ -441,7 +441,7 @@ export const prepareVaultManagerKit = (
               seatAllocationKeyword: 'Minted',
             },
             {
-              stabilityFee,
+              interestRate,
               chargingPeriod: factoryPowers
                 .getGovernedParams(collateralBrand)
                 .getChargingPeriod(),
@@ -450,15 +450,15 @@ export const prepareVaultManagerKit = (
                 .getRecordingPeriod(),
             },
             {
-              latestStabilityFeeUpdate: state.latestStabilityFeeUpdate,
-              compoundedStabilityFee: state.compoundedStabilityFee,
+              latestInterestUpdate: state.latestInterestUpdate,
+              compoundedInterest: state.compoundedInterest,
               totalDebt: state.totalDebt,
             },
             updateTime,
           );
 
-          state.compoundedStabilityFee = changes.compoundedStabilityFee;
-          state.latestStabilityFeeUpdate = changes.latestStabilityFeeUpdate;
+          state.compoundedInterest = changes.compoundedInterest;
+          state.latestInterestUpdate = changes.latestInterestUpdate;
           state.totalDebt = changes.totalDebt;
 
           return facets.helper.assetNotify();
@@ -466,14 +466,14 @@ export const prepareVaultManagerKit = (
         assetNotify() {
           const { state } = this;
           const { collateralBrand, assetTopicKit } = state;
-          const stabilityFee = factoryPowers
+          const interestRate = factoryPowers
             .getGovernedParams(collateralBrand)
-            .getStabilityFee();
+            .getInterestRate();
           /** @type {AssetState} */
           const payload = harden({
-            compoundedStabilityFee: state.compoundedStabilityFee,
-            stabilityFee,
-            latestStabilityFeeUpdate: state.latestStabilityFeeUpdate,
+            compoundedInterest: state.compoundedInterest,
+            interestRate,
+            latestInterestUpdate: state.latestInterestUpdate,
           });
           return assetTopicKit.recorder.write(payload);
         },
@@ -853,8 +853,8 @@ export const prepareVaultManagerKit = (
           return `${descriptionScope}: ${base}`;
         },
         /** coefficient on existing debt to calculate new debt */
-        getCompoundedStabilityFee() {
-          return this.state.compoundedStabilityFee;
+        getCompoundedInterest() {
+          return this.state.compoundedInterest;
         },
         /**
          * Called by a vault when its balances change.
@@ -1051,7 +1051,7 @@ export const prepareVaultManagerKit = (
           );
 
           state.lockedQuote = storedCollateralQuote;
-          facets.helper.writeMetrics();
+          void facets.helper.writeMetrics();
           return storedCollateralQuote;
         },
         /** @param {ERef<AuctioneerPublicFacet>} auctionPF */
@@ -1060,7 +1060,7 @@ export const prepareVaultManagerKit = (
           const { self, helper } = facets;
           const {
             collateralBrand,
-            compoundedStabilityFee,
+            compoundedInterest,
             debtBrand,
             liquidatingVaults,
             lockedQuote,
@@ -1089,7 +1089,7 @@ export const prepareVaultManagerKit = (
               zcf,
               {
                 quote: lockedQuote,
-                interest: compoundedStabilityFee,
+                interest: compoundedInterest,
                 margin: liqMargin,
               },
               prioritizedVaults,
@@ -1101,6 +1101,7 @@ export const prepareVaultManagerKit = (
           state.lockedQuote = undefined;
 
           if (vaultData.getSize() === 0) {
+            void helper.writeMetrics();
             return;
           }
           trace(
@@ -1164,7 +1165,7 @@ export const prepareVaultManagerKit = (
             liquidatingVaults.delete(vault);
           }
 
-          await facets.helper.writeMetrics();
+          void helper.writeMetrics();
         },
       },
     },
@@ -1174,11 +1175,11 @@ export const prepareVaultManagerKit = (
         helper.start();
         void state.assetTopicKit.recorder.write(
           harden({
-            compoundedStabilityFee: state.compoundedStabilityFee,
-            stabilityFee: factoryPowers
+            compoundedInterest: state.compoundedInterest,
+            interestRate: factoryPowers
               .getGovernedParams(state.collateralBrand)
-              .getStabilityFee(),
-            latestStabilityFeeUpdate: state.latestStabilityFeeUpdate,
+              .getInterestRate(),
+            latestInterestUpdate: state.latestInterestUpdate,
           }),
         );