MakerDAO

Interact with the Maker Protocol

These connectors allow you to interact with the Maker Protocol. Use these connectors to create Vaults, generate DAI and payback debt.

Open

This connector opens a new Maker Vault

spells.add({
  connector: "maker",
  method: "open",
  args: [coll_name]
});

Parameter	Type	Description
coll_name	string	Vault collateral type like ETH-A, BAT-A, USDC-A, etc.

Close

This connector closes a Maker Vault

spells.add({
  connector: "maker",
  method: "close",
  args: [vault_id]
});

Parameter	Type	Description
vault_id	number	vault number

Deposit

This connector deposits collateral in Vault

spells.add({
  connector: "maker",
  method: "deposit",
  args: [vault_id, amount, getId, setId]
});

Parameter	Type	Description
vault_id	number	vault number
amount	number	The amount of tokens to deposit. use -1 or `dsa.maxValue` to deposit 100% of tokens.
getId	number	ID fetches the amount of token to deposit.
setId	number	ID stores the amount of token deposited.

Withdraw

This connector withdraws collateral from Vault

spells.add({
  connector: "maker",
  method: "withdraw",
  args: [vault_id, amount, getId, setId]
});

Parameter	Type	Description
vault_id	number	vault number.
amount	number	The amount of tokens to withdraw. use -1 or `dsa.maxValue` to withdraw 100%.
getId	number	ID fetches the amount of token to withdraw.
setId	number	ID stores the amount of token withdrawn.

Borrow

Borrows DAI from Vault

spells.add({
  connector: "maker",
  method: "borrow",
  args: [vault_id, amount, getId, setId]
});

Parameter	Type	Description
vault_id	address	vault number
amount	number	The amount of DAI to borrow.
getId	number	ID fetches the amount of DAI to borrow.
setId	number	ID stores the amount of DAI borrowed.

Payback

Pays back DAI debt owed to Vault

spells.add({
  connector: "maker",
  method: "payback",
  args: [vault_id, amount, getId, setId]
});

Parameter	Type	Description
vault_id	number	vault number.
amount	number	The amount of DAI to payback. use -1 or `dsa.maxValue` to payback 100%.
getId	number	ID fetches the amount of DAI to payback.
setId	number	ID stores the amount of DAI paid back.

Transfer

This connector is used to transfer Vaults

spells.add({
  connector: "maker",
  method: "transfer",
  args: [vault, nextOwner]
});

Parameter	Type	Description
vault	number	vault number
nextOwner	address	The address of the next owner of the vault. (Vault Transfers can be assigned to Authorities)

Exit DAI

Withdraws any locked DAI in a Vault's Urn Address.

spells.add({
  connector: "maker",
  method: "exitDai",
  args: [vault, amt, getId, setId]
});

Parameter	Type	Description
vault	number	The vault ID.
amt	number	The amount of DAI to payback. use -1 or `dsa.maxValue` to payback 100%.
getId	number	ID fetches the amount of DAI to payback.
setId	number	ID stores the amount of DAI paid back

Additional Maker Functions

Withdraw Liquidated Collateral

This connector is used to withdraw any remaining collateral after a liquidation event.

spells.add({
  connector: "maker",
  method: "withdrawLiquidated",
  args: [vault_id, amount, getId, setId]
});

Parameter	Type	Description
vault_id	number	The vault number.
amount	number	The amount of liquidated collateral. use -1 or `dsa.maxValue` to withdraw 100%.
getId	number	ID fetches the amount of liquidated collateral to withdraw.
setId	number	ID stores the amount of liquidated collateral withdrawn.

Deposit in DSR

CURRENTLY DISABLED BY MAKERDAO - Read More Here

This connector is used to Deposit into the Dai Savings Rate

spells.add({
  connector: "maker",
  method: "depositDai",
  args: [amount, getId, setId]
});

Parameter	Type	Description
amount	number	The amount of DAI to deposit in DSR. use -1 or `dsa.maxValue` to deposit 100%.
getId	number	ID fetches the amount of DAI to deposit.
setId	number	ID stores the amount of DAI deposited.

Withdraw from DSR

This connector Withdraws DAI from the Dai Savings Rate

spells.add({
  connector: "maker",
  method: "withdrawDai",
  args: [amount, getId, setId]
});

Parameter	Type	Description
amount	number	The amount of DAI to withdraw from DSR. use -1 or `dsa.maxValue` to withdraw 100%
getId	number	ID fetches the amount of DAI to withdraw.
setId	number	ID stores the amount of DAI withdrawn.