MakerDAO Tools

Motivation

MakerDAO is an amazing project which provides a base for bringing various financial applications - such as loan, insurance and leveraging to the blockchain. Current dashboard provided by the makerDAO team can get a bit confusing and requires a lot of atomic steps. If a new user wants to take loan against ether by opening a CDP, he would have to go through a series of steps and signing each transaction individually:

1. Approve appropriate permissions to various smart contract
2. Convert eth to weth
3. Convert weth to peth
4. Open CDP if it does not already exist
5. Lock Peth into CDP
6. Draw Dai

In this project I have tried to provide tools that would provide a simpler way of accomplishing the same thing in a in fewer steps. So far I have created the backend which provides high level functions consolidating several transactions and others do the math required to reach a specific state. Next I will use react and IPFS to provide a dashboard frontend that even non technical users can use.

Getting started

• git clone https://github.com/shivgupt/makerkeeper.git
• Setup environment variables ETH_ADDRESS and remotessh to the ethereum account address and the server hostname of your server respectively.
• Import an account to ethprovider serving the makerkeeper. If using an account created on MetaMask, import the private key into ethprovider using the personal_importRawKey RPC method and then add it to docker secret : echo '{"jsonrpc":"2.0","method":"personal_importRawKey","params":["secretKey","secretPassword"],"id":1}' | sudo nc -U /var/lib/docker/volumes/ethprovider_ipc/_data/geth.ipc
• make deploy-bot
• make deploy-console
• You are all set to play with the makerkeeper-console

MakerDAO Cheat Sheet

Oasis: 0x14FBCA95be7e99C15Cc2996c6C9d841e54B79425

Oasis: decentralized exchange

Calls/Reads:

_best(address, address) => uint256: best offer to sell ERC20 token at address 1 to buy ERC20 token at address 2, offers(uint256) => uint256, address, uint256, address, address, uint64: pay_amt of token address 1 to get buy_amt of token address 2 offered by address 3 owner at timestamp

Sends/Writes:

buy(uint256, uint256): from offer ID buy

WETH: 0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2

Wrapped ETH; an ERC20 token that is exchangeable 1:1 with Ether. Only exists to provide standard ERC20 methods to Ethereum's native currency.

Calls/Reads:

name() => string, totalSupply() => uint256, decimals() => uint8, symbol() => string, balanceOf(address) => uint256, allowance(address,address) => uint256: how many tokens owned by address 1 can be spent by address 2

Sends/Writes:

approve(address guy, uint wad) => bool: permit guy to spend up to wad of the sender's WETH balance, deposit() => null: send ETH to this method to receive the equivalent amount of WETH, transfer(address dst, uint wad) => bool: transfer wad WETH from the sender's account to dst, transferFrom(address src, address dst, uint wad) => bool: transfer wad WETH from src to dst, withdraw(uint wad) => null: destroy wad WETH and receive the equivalent amount of ETH

Events

Approval(address indexed src, address indexed guy, uint256 wad), Transfer(address indexed src, address indexed dst, uint256 wad), Deposit(address indexed dst, uint256 wad), Withdrawal(address indexed src, uint256 wad)

PETH: 0xf53ad2c6851052a81b42133467480961b2321c09

Pooled ETH; an ERC20 token that's exchangeable 1:1 with WETH. This is the collateral that can be locked up in a MakerDAO CDP.

Calls/Reads:

allowance(address,address) => uint256: how many tokens owned by arg1 address are allowed to be spent by arg2 address, authority() => address, balanceOf(address) => uint256, decimals() => uint256, name() => bytes32, owner() => address, stopped() => bool, symbol() => bytes32, totalSupply() => uint256

Sends/Writes:

approve(address) => bool: allow some address to spend the message sender's PETH, approve(address,uint256) => bool: allow some address to spend up to uint256 of the message sender's PETH, move(address,address,uint256) => null: alias for transferFrom, pull(address,uint256) => null: transfer uint256 PETH from some address to the message sender, push(address,uint256) => null: alias for transfer, transfer(address,uint256) => bool: transfer uint256 PETH from the message sender to some address, transferFrom(address,address,uint256) => bool: transfer uint256 PETH from arg1 address to arg2 address

Events

Approval(address indexed src, address indexed guy, uint256 wad), Burn(address indexed guy, uint256 wad), LogNote(bytes4 indexed sig, address indexed guy, bytes32 indexed foo, bytes32 indexed bar, uint256 wad, bytes fax), Mint(address indexed guy, uint wad), Transfer(address indexed src, address indexed dst, uint256 wad)

MKR: 0x9f8f72aa9304c8b593d555f12ef6589cc3a579a2

MakerDAO governance token; an ERC20 token that's used to pay the MakerDAO stability/governance fees. Holders may also have voting rights in some decisions eg setting the stability fee.

Calls/Reads:

allowance(address,address) => uint256: how many tokens owned by arg1 address are allowed to be spent by arg2 address, authority() => address, balanceOf(address) => uint256, decimals() => uint256, name() => bytes32, owner() => address, stopped() => bool, symbol() => bytes32, totalSupply() => uint256

Sends/Writes:

approve(address) => bool: allow some address to spend the message sender's MKR, approve(address,uint256) => bool: allow some address to spend up to uint256 of the message sender's MKR, move(address,address,uint256) => null: alias for transferFrom, pull(address,uint256) => null: transfer uint256 MKR from some address to the message sender, push(address,uint256) => null: alias for transfer, transfer(address,uint256) => bool: transfer uint256 MKR from the message sender to some address, transferFrom(address,address,uint256) => bool: transfer uint256 MKR from arg1 address to arg2 address

Events

Approval(address indexed owner, address indexed guy, uint256 wad), Burn(address indexed guy, uint256 wad), LogNote(bytes4 indexed sig, address indexed guy, bytes32 indexed foo, bytes32 indexed bar, uint256 wad, bytes fax), Mint(address indexed guy, uint wad), Transfer(address indexed owner, address indexed dst, uint256 wad)

DAI: 0x89d24a6b4ccb1b6faa2625fe562bdd9a23260359

DAI stable coin; an ERC20 token that's pegged to the USD. Can be minted/borrowed after locking up sufficient collateral, used to pay off debt & unlock collateral.

Calls/Reads:

allowance(address,address) => uint256: how many tokens owned by arg1 address are allowed to be spent by arg2 address, authority() => address, balanceOf(address) => uint256, decimals() => uint256, name() => bytes32, owner() => address, stopped() => bool, symbol() => bytes32, totalSupply() => uint256

Sends/Writes:

approve(address) => bool: allow some address to spend the message sender's DAI, approve(address,uint256) => bool: allow some address to spend up to uint256 of the message sender's DAI, move(address,address,uint256) => null: alias for transferFrom, pull(address,uint256) => null: transfer uint256 DAI from some address to the message sender, push(address,uint256) => null: alias for transfer, transfer(address,uint256) => bool: transfer uint256 DAI from the message sender to some address, transferFrom(address,address,uint256) => bool: transfer uint256 DAI from arg1 address to arg2 address

Events

Approval(address indexed src, address indexed guy, uint256 wad), Burn(address indexed guy, uint256 wad), LogNote(bytes4 indexed sig, address indexed guy, bytes32 indexed foo, bytes32 indexed bar, uint256 wad, bytes fax), Mint(address indexed guy, uint wad), Transfer(address indexed src, address indexed dst, uint256 wad)

Eth Medianizer: 0x729d19f657bd0614b4985cf1d82531c67569197b

Saves a list of ETH market prices & calculates their median.

Calls/Reads:

authority() => address, compute() => [bytes32,bool]: compute a new median based on saved values, indexes(address) => bytes12: to find out which price some authorized address submitted, min() => uint96, next() => bytes12, owner() => address, peek() => [byes32,bool]: return the last saved computation and whether or not it's still set, read() => bytes32: returns the latest market price if it's been set, values(bytes12) => address

Sends/Writes:

poke() => null, poke(bytes32) => null, compute and save a new median based on prices set my authorized addresses, set(address) => null set(bytes,address) => null, unset(address) => null unset(bytes12) => null

Events

LogNote(bytes4 indexed sig, address indexed guy, bytes32 indexed foo, bytes32 indexed bar, uint wad, bytes fax)

MKR Medianizer: 0x99041f808d598b782d5a3e498681c2452a31da08

Saves a list of MKR market prices & calculates their median.

Calls/Reads:

authority() => address, compute() => [bytes32,bool]: compute a new median based on saved values, indexes(address) => bytes12: to find out which price some authorized address submitted, min() => uint96, next() => bytes12, owner() => address, peek() => [byes32,bool]: return the last saved computation and whether or not it's still set, read() => bytes32: returns the latest market price if it's been set, values(bytes12) => address

Sends/Writes:

poke() => null, poke(bytes32) => null, compute and save a new median based on prices set my authorized addresses, set(address) => null set(bytes,address) => null, unset(address) => null unset(bytes12) => null

Events

LogNote(bytes4 indexed sig, address indexed guy, bytes32 indexed foo, bytes32 indexed bar, uint wad, bytes fax) LogValue(bytes32 val)

Tap: 0xbda109309f9fafa6dd6a9cb9f1df4085b27ee8ef

Calls/Reads:

authority() => address fix() => uint256 joy() => uint256 owner() => uint256 sai() => address sin() => address skr() => address tub() => address woe() => uint256

Sends/Writes:

ask(uint256) => uint256 bid(uint256) => uint256 boom(uint256) => null bust(uint256) => null cage(uint256) => null cash(uint256) => null heal() => null mock(uint256) => null mold(bytes32) => null s2s() => uint256 vent() => null

Top: 0x9b0ccf7c8994e19f39b2b4cf708e0a7df65fa8a3

Tub: 0x448a5065aebb8e423f0896e6c5d525c040f59af3

Calls/Reads/Properties:

safe(bytes32 ) => bool, tag() => uint: collateral price ref per skr, ask(uint wad) => uint: collateral token per skr

Sends/Writes:

lock(bytes32 , uint ): transfers collateral from owner to system, draw(bytes32 , uint ): mints new DAI for owner of CDP, free(bytes32 , uint ): reclaim collateral, wipe(bytes32 , uint ): return DAI and reduce debt issued, shut(bytes32 ): closes the CDP account, **bite(bytes32 )**: trigger liquidation

Events:

Mint(address indexed , uint ), Burn(address indexed , uint ), LogNewCup(address indexed , bytes32 ), event LogNewCup(address indexed , bytes32 ): creates new cdp

Vox: 0x9b0f70df76165442ca6092939132bbaea77f2d7a

Glossary

• Urn: Data record for CDP
• Ilk: Data record for CDP type