https://github.com/aave/arc-timelock
Set of contracts for Timelock Executor of ARC Market
https://github.com/aave/arc-timelock
aave arc ethereum executor governance solidity timelock
Last synced: 2 months ago
JSON representation
Set of contracts for Timelock Executor of ARC Market
- Host: GitHub
- URL: https://github.com/aave/arc-timelock
- Owner: aave
- License: other
- Created: 2021-11-18T11:24:19.000Z (over 3 years ago)
- Default Branch: main
- Last Pushed: 2022-10-18T11:06:10.000Z (over 2 years ago)
- Last Synced: 2025-04-12T10:04:41.566Z (2 months ago)
- Topics: aave, arc, ethereum, executor, governance, solidity, timelock
- Language: TypeScript
- Homepage:
- Size: 1.29 MB
- Stars: 6
- Watchers: 3
- Forks: 6
- Open Issues: 0
-
Metadata Files:
- Readme: README.md
- License: LICENSE.md
- Audit: audit/Aave-Governance-Crosschain-Bridges-Security-Audit-Report.pdf
Awesome Lists containing this project
README
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```
# Aave Arc Timelock
This repo contains smart contracts to add a timelock to the Aave Arc governance process. This timelock gives a guardian address the opportunity to cancel an approved governance action prior to its execution.
The core contract is the `TimelockExecutorBase`, an abstract contract that contains the logic to facilitate the queueing, delay, cancellation and/or execution of sets of actions sent by the aave governance contract. This base contract is extended in the `ArcTimelock` contract to manage receiving calls from the governance contract and queuing them within the `TimelockExecutorBase`.
This repo is based on the [governance-crosschain-bridges](https://github.com/aave/governance-crosschain-bridges). The `TimelockExecutorBase` is the same as the `BridgeExecutorBase` contract from this repo, just renamed to meet the usecase. The `governance-crosschain-bridges` repo, is an audited repo, and has 100% test coverage that can be accessed and ran within that repo.
## Getting Started
### Setup
- Clone the repo
- Run `npm install`
Follow the next steps to setup the repository:
- Install `docker` and `docker-compose`
- Create an environment file named `.env` and fill out the environment variables per `example.env`
- Make sure the information included in the environment file `.config.env` is correct.
#### Note:
If using private key instead of mnemonic, please use the full 64 character hex string, without the "0x" prefix in the `.env` file. Additionally, please leave the mnemonic key blank.
### Running in Docker
Terminal Window 1
`docker-compose up`
Once Terminal Window 1 Loaded - in a separate terminal window - Terminal Window 2:
`docker-compose exec contracts-env bash`
In Terminal Window 2, run desired scripts from npm package file (i.e `npm run compile`)
### Compile
`npm run compile`
This will compile the available smart contracts.
### Test
All tests will run a fork-based test with the existing deployed versions of aave governance and the aave arc market.
- `test:arc:full:fork` - Runs a full test scenario, executing every action needed for the ARC market launch: deploy the ArcTimelock contract, release the market keys to the ArcTimelock, deploy the AIP payload and submit the governance proposal.
- `test:timelock:full` - The ArcTimelock is set as the ArcMarketAdmin. A proposal is created, queued, voted on, and executed, passing the Aave Governance and the ArcTimelock. It uses a mock proposal to update some market parameters.
- `test:timelock:update"` - The ArcTimelock is set as the ArcMarketAdmin. A proposal is created, queued, voted on, and executed, passing the Aave Governance and the ArcTimelock. It uses a mock proposal to update parameters of the ArcTimelock.
- `test:arc:keys` - Run a simple test scenario for releasing the ARC market keys to the ArcTimelock.
- `test:arc:new-permission-admin` - Test the addition of a new permission admin to the ARC protocol.
## Arc Timelock
### Deploying parameters
- `ethereumGovernanceExecutor` - the address that will have permission to queue ActionSets. This should be the aave governance executor
- `delay` - the time required to pass after the ActionsSet is queued, before execution
- `gracePeriod` - once execution time passes, you can execute this until the grace period ends
- `minimumDelay` - if the delay is updated by the guardian, it cannot be less than this minimum
- `maximumDelay` - if the delay is updated by the guardian, it cannot be more than this maximum
- `guardian` - the admin address of this contract with the permission to cancel ActionsSets and update the delay value
## Adding a new PermissionAdmin
Adding a new permission admin to the ARC protocol needs a governance proposal to be approved by the community and the `guardian`.
The task `full:submit-proposal-new-permission-admin` lets you submit a proposal in this regard, providing the address of the new permission admin to add and the IPFS encoded hash of the AIP text.
```
ADMIN_ADDRESS="Your Address" IPFS_ENCODED_HASH="Your IPFS encoded hash" npm run main:proposal:submit-new-permission-admin
```
## License
[BSD-3-Clause](./LICENSE.md)