contract SupplyCapIssuanceHook is Ownable, IManagerIssuanceHook {
    using SafeMath for uint256;

    /* ============ Events ============ */

    event SupplyCapUpdated(uint256 _newCap);
    
    /* ============ State Variables ============ */

    // Cap on totalSupply of Sets
    uint256 public supplyCap;

    /* ============ Constructor ============ */

    /**
     * Constructor, overwrites owner and original supply cap.
     *
     * @param _initialOwner     Owner address, overwrites Ownable logic which sets to deployer as default
     * @param _supplyCap        Supply cap for Set (in wei of Set)
     */
    constructor(
        address _initialOwner,
        uint256 _supplyCap
    )
        public
    {
        supplyCap = _supplyCap;

        // Overwrite _owner param of Ownable contract
        transferOwnership(_initialOwner);
    }

    /**
     * Adheres to IManagerIssuanceHook interface, and checks to make sure the current issue call won't push total supply over cap.
     */
    function invokePreIssueHook(
        ISetToken _setToken,
        uint256 _issueQuantity,
        address /*_sender*/,
        address /*_to*/
    )
        external
        override
    {
        uint256 totalSupply = _setToken.totalSupply();

        require(totalSupply.add(_issueQuantity) <= supplyCap, "Supply cap exceeded");
    }

    /**
     * Adheres to IManagerIssuanceHook interface
     */
    function invokePreRedeemHook(
        ISetToken _setToken,
        uint256 _redeemQuantity,
        address _sender,
        address _to
    )
        external
        override
    {}

    /**
     * ONLY OWNER: Updates supply cap
     */
    function updateSupplyCap(uint256 _newCap) external onlyOwner {
        supplyCap = _newCap;
        SupplyCapUpdated(_newCap);
    }
}
/**
 * @title SupplyCapIssuanceHook
 * @author Set Protocol
 *
 * Issuance hook that checks new issuances won't push SetToken totalSupply over supply cap.
 */
function updateSupplyCap(uint256 _newCap) external onlyOwner {
        supplyCap = _newCap;
        SupplyCapUpdated(_newCap);
    }
/**
 * ONLY OWNER: Updates supply cap
 */