🐙 Change admin default values (#15)

* 🐙 Change mcr default * Change borrowing fee * Update comments * Use mcr higher precision * Update comments once again * Update mcr comment
WallfacerLabs · May 10, 2024 · 322cba2 · 322cba2
1 parent 781a2ac
commit 322cba2
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Showing 2 changed files with 4 additions and 4 deletions.
diff --git a/contracts/AdminContract.sol b/contracts/AdminContract.sol
@@ -20,9 +20,9 @@ contract AdminContract is IAdminContract, UUPSUpgradeable, OwnableUpgradeable, A
 	uint256 public constant _100pct = 1 ether; // 1e18 == 100%
 	uint256 private constant DEFAULT_DECIMALS = 18;
 
-	uint256 public constant BORROWING_FEE_DEFAULT = 0.005 ether; // 0.5%
+	uint256 public constant BORROWING_FEE_DEFAULT = 383_561_643_835_616; // 2% * (7 / 365)
 	uint256 public constant CCR_DEFAULT = 0; // 0%
-	uint256 public constant MCR_DEFAULT = 1.1 ether; // 110%
+	uint256 public constant MCR_DEFAULT = 1_052_631_578_947_368_421; // 1 / 0.95
 	uint256 public constant MIN_NET_DEBT_DEFAULT = 2_000 ether;
 	uint256 public constant MINT_CAP_DEFAULT = 1_000_000 ether; // 1 million TRI
 	uint256 public constant REDEMPTION_FEE_FLOOR_DEFAULT = 0; // 0%

diff --git a/test/trinity/AdminContractTest.js b/test/trinity/AdminContractTest.js
@@ -80,9 +80,9 @@ contract("AdminContract", async accounts => {
 	})
 
 	it("Formula Checks: Call every function with default value, Should match default values", async () => {
-		await adminContract.setBorrowingFee(ZERO_ADDRESS, (0.005e18).toString())
+		await adminContract.setBorrowingFee(ZERO_ADDRESS, "383561643835616")
 		await adminContract.setCCR(ZERO_ADDRESS, "0")
-		await adminContract.setMCR(ZERO_ADDRESS, "1100000000000000000")
+		await adminContract.setMCR(ZERO_ADDRESS, "1052631578947368421")
 		await adminContract.setMinNetDebt(ZERO_ADDRESS, dec(2_000, 18))
 		await adminContract.setMintCap(ZERO_ADDRESS, dec(1_000_000, 18))
 		await adminContract.setRedemptionFeeFloor(ZERO_ADDRESS, '0')