🚰LiquityOpen

Description

Action ID: 0x9784ddef

Open a DSProxy Liquity Trove

SDK Action

    const liquityOpenAction = new dfs.actions.liquity.LiquityOpenAction(
        maxFeePercentage,
        collAmount,
        LUSDAmount,
        from,
        to,
        upperHint,
        lowerHint,
    );

Contract

This is a DFS STANDARD_ACTION.

The address from which we are pulling WETH must approve proxy to pull tokens

if collAmount is uint.max supply whole balance of WETH

Input:

    /// @param maxFeePercentage Highest borrowing fee to accept, ranges between 0.5 and 5%
    /// @param collAmount Amount of WETH tokens to supply as collateral
    /// @param lusdAmount Amount of LUSD tokens to borrow from the trove, protocol minimum net debt is 1800
    /// @param from Address where to pull the collateral from
    /// @param to Address that will receive the borrowed tokens
    /// @param upperHint
    /// @param lowerHint
    struct Params {
        uint256 maxFeePercentage;   
        uint256 collAmount;         
        uint256 lusdAmount;          
        address from;                
        address to;                 
        address upperHint;
        address lowerHint;
    }

Return value:

return bytes32(collSupplied);

Events:

emit ActionEvent("LiquityOpen", logData);

logger.logActionDirectEvent("LiquityOpen", logData);

bytes memory logData = abi.encode(
            _params.maxFeePercentage,
            _params.collAmount,
            _params.lusdAmount,
            _params.from,
            _params.to
        )