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Frozen Markets and Reserves
A reserve on the Spark Protocol can be frozen by calling the
setReserveFreeze function on the PoolConfigurator contract, which is deployed for each Spark market. This function is callable by addresses with the RiskAdmin or PoolAdmin role, which is owned by Maker Governance (or Guardian multisig on networks without governance bridge), and can also be granted this role.A reserve is frozen by calling one which does not allow any new supply, borrow, or rate swap (variable/stable). Repay, withdraw, liquidations, and interest accrual (stable rate rebalances).
Yes, the same process and smart contract function can be used to unfreeze as well if conditions are suitable for reserves to be reinstated for supply and borrow.
The table below shows which functions are callable depending on the state of the reserve.
For example, when a reserve is not frozen or paused, if the reserve is
active, it is still possible to supply() assets.Function | Active | Frozen | Paused | Borrowing Enabled | Stable Borrowing Enabled |
|---|---|---|---|---|---|
Supply | Yes | No | No | | |
Withdraw | Yes | | No | | |
Borrow | Yes | No | No | Yes | Depends on the mode |
Repay | Yes | | No | | |
SwapRateMode | Yes | No | No | | Depends on the mode |
RebalanceStableBorrowRate | Yes | | No | | |
SetUseReserveAsCollateral | Yes | | No | | |
Flashloan | Yes | | No | | |
Liquidate | Yes | | No | | |
spToken Transfer | | | No | | |
The role
emergencyAdmin can pause a specific reserve.There are currently no frozen markets or reserves.
Last modified 9mo ago