Further Information & Resources

How can we add more debt to a user at their request?

If a user has already supplied and borrowed and wishes to borrow again we can recall the borrow functions. The specific function that would called would be borrow which would call the third-party lender and then update loan info to reflect the users' debt that has been added.

Step 1: borrow

function borrow(bytes borrowData, uint256 value, address onBehalf, string lenderName, uint256 loanId, bool isUnprotected)

Parameters

Descriptions

borrowData

The borrow data for the lender -

bytes memory _borrowBytesData =
            abi.encode(lenderProviderAddress_, loanToken_, loanAmount_(This is in wei), rateMode_, userAddress_);

value

ether value

onBehalf

The users eth address

lenderName

The name of the lender

loanId

The users loan Id

isUnprotected

The indication we are working with a forecloseable but unprotected asset

Step 2: Update Loan Info

function updateLoan(bytes loanInfo, address user, uint256 loanId, UpdateField)

Parameters

Descriptions

loanInfo

The amount that was just borrowed - bytes memory loanInfo( borrowAmount) in USD 8 decimals

user

The users eth address

loanId

The users loan Id

UpdateField

This will be be set to 1

How can we add more collateral to a user at their request?

If a user has already supplied and wishes to supply more collateral we will call the following function, note this function is not the initiate supply function as that is to be called ONLY on the first supply. After you call supply successfully please run the update loan info function to reflect the new collateral amount.

Step 1: Supply

function supply(uint256 value, address onBehalf, string lenderName, bytes supplyData, uint256 uniqueId, bool isUnprotected)

Parameters

Descriptions

value

Ether Value

onBehalf

The users eth address

lenderName

The name of the lender

supplyData

The supply data for the lender. Note inside the data the lender provider address will be based on the network please check (here) for lender provider addresses. The supply data that will be needed is the following -

bytes memory _supplyBytesData =
            abi.encode(collateralToken_, collateralAmount_, lenderProviderAddress_, onBehalf_);

uniqueId

The unique id that points to a users loan id

isUnprotected

The indication we are working with a forecloseable but unprotected asset

Step 2: Update Loan Info

function updateLoan(bytes loanInfo, address user, uint256 loanId, UpdateField)

Parameters

Descriptions

loanInfo

The collateral amount bytes memory loanInfo( collateral Amount) in USD 8 decimals

user

The users eth address

loanId

The users loan Id

UpdateField

This will be be set to 0

How can an unprotected user become protected?

For a user who is not protected in the life cycle of their position we can call the function that we called to set the protection for the protected user please check here for the function you need to call. This will be the only function the user needs to call in order for protection to be added to their loan.

How can a user cancel their protection?

There are currently 2 ways a user can cancel their protection directly and indirectly. The direct approach is the following. The in-direct approach would be if a user calls to repay while under active protection. Please check here for the in-direct cancelation aswell note you need to approve the repay amount and the cancelation fee amount.

Module

Function

Lender Module

cancelProtection