This plug closes a WETH/USDC Aave loop when the USDC borrow rate rises to its exit threshold. It reads the socket's global flag exited_weth/usdc_loop and Aave reserve data for USDC and WETH in the Ethereum market at 0x2f39d218133afab8f2b819b1066c7e434ad94e9e. It fires only when the flag is false, the USDC borrow rate is at or above 0.055, and outstanding USDC debt exists, then repays the debt and withdraws the aWETH collateral. Acting by hand or on a stale rate risks paying a borrow rate past the intended exit point.

• 
  Read global flag

  exited_weth/usdc_loopexited_weth/usdc_loop

  Reads a boolean flag from the socket's global storage by key.Reads a boolean flag from the socket's global storage by key.
• 
  requirerequire

  exited_weth/usdc_loopexited_weth/usdc_loop

  equal toequal to

  falsefalse

  Steers control flow by comparing two values: branch, loop, or require the condition holds.Steers control flow by comparing two values: branch, loop, or require the condition holds.
• 
  Get asset data of

  

  USDCUSDC

  in

  

  EthereumEthereum

  Reads an Aave reserve's live rates and token addresses, with supply and borrow APYs.Reads an Aave reserve's live rates and token addresses, with supply and borrow APYs.
• 
  Is

  current Variable Borrow Ratecurrent Variable Borrow Rate

  greater than or equal togreater than or equal to

  0.0550.055

  Compares two values with a chosen operator and returns a boolean.Compares two values with a chosen operator and returns a boolean.
• 
  ifif

  current Variable Borrow Rate greater than or equcurrent Variable Borrow Rate greater than or equ

  isis

  truetrue

  Steers control flow by comparing two values: branch, loop, or require the condition holds.Steers control flow by comparing two values: branch, loop, or require the condition holds.
• 
  Get balance of

  USDC debt tokenUSDC debt token

  held by

  

  0x4844...3a880x4844...3a88

  Reads a token balance held by an address, native or ERC-20.Reads a token balance held by an address, native or ERC-20.
• 
  Set

  vUSDC_debt_balancevUSDC_debt_balance

  to

  vUSDC debt balancevUSDC debt balance

  Assigns a value to a named variable that later steps reference.Assigns a value to a named variable that later steps reference.
• 
  Is

  vUSDC_debt_balancevUSDC_debt_balance

  greater thangreater than

  00

  Compares two values with a chosen operator and returns a boolean.Compares two values with a chosen operator and returns a boolean.
• 
  ifif

  vUSDC debt above 0vUSDC debt above 0

  isis

  truetrue

  Steers control flow by comparing two values: branch, loop, or require the condition holds.Steers control flow by comparing two values: branch, loop, or require the condition holds.
• 
  Set global flag

  exited_weth/usdc_loopexited_weth/usdc_loop

  to

  truetrue

  Writes a boolean flag to the socket's global storage under a key.Writes a boolean flag to the socket's global storage under a key.
• 
  Get asset data of

  

  WETHWETH

  in

  

  EthereumEthereum

  Reads an Aave reserve's live rates and token addresses, with supply and borrow APYs.Reads an Aave reserve's live rates and token addresses, with supply and borrow APYs.
• 
  Get balance of

  WETH aTokenWETH aToken

  held by

  

  0x4844...3a880x4844...3a88

  Reads a token balance held by an address, native or ERC-20.Reads a token balance held by an address, native or ERC-20.
• 
  Set

  aWETH_supply_balanceaWETH_supply_balance

  to

  aWETH supply balanceaWETH supply balance

  Assigns a value to a named variable that later steps reference.Assigns a value to a named variable that later steps reference.
• 
  Repay

  vUSDC_debt_balancevUSDC_debt_balance

  

  USDCUSDC

  to

  

  EthereumEthereum

  Repays borrowed assets to an Aave market from the socket's balance.Repays borrowed assets to an Aave market from the socket's balance.
• 
  Withdraw

  aWETH_supply_balanceaWETH_supply_balance

  

  WETHWETH

  from

  

  EthereumEthereum

  Withdraws a supplied asset from an Aave market back to the socket.Withdraws a supplied asset from an Aave market back to the socket.
• 
  End block

  Closes the innermost open block, whether a conditional branch or a loop.Closes the innermost open block, whether a conditional branch or a loop.
• 
  End block

  Closes the innermost open block, whether a conditional branch or a loop.Closes the innermost open block, whether a conditional branch or a loop.