manifold/common/sell-bet.ts

137 lines
2.7 KiB
TypeScript
Raw Normal View History

2022-01-10 23:52:03 +00:00
import { Bet } from './bet'
Cfmm (#64) * cpmm initial commit: common logic, cloud functions * remove unnecessary property * contract type * rename 'calculate.ts' => 'calculate-dpm.ts' * rename dpm calculations * use focus hook * mechanism-agnostic calculations * bet panel: use new calculations * use new calculations * delete markets cloud function * use correct contract type in scripts / functions * calculate fixed payouts; bets list calculations * new bet: use calculateCpmmPurchase * getOutcomeProbabilityAfterBet * use deductFixedFees * fix auto-refactor * fix antes * separate logic to payouts-dpm, payouts-fixed * liquidity provision tracking * remove comment * liquidity label * create liquidity provision even if no ante bet * liquidity fee * use all bets for getFixedCancelPayouts * updateUserBalance: allow negative balances * store initialProbability in contracts * turn on liquidity fee; turn off creator fee * Include time param in tweet url, so image preview is re-fetched * share redemption * cpmm ContractBetsTable display * formatMoney: handle minus zero * filter out redemption bets * track fees on contract and bets; change fee schedule for cpmm markets; only pay out creator fees at resolution * small fixes * small fixes * Redeem shares pays back loans first * Fix initial point on graph * calculateCpmmPurchase: deduct creator fee * Filter out redemption bets from feed * set env to dev for user-testing purposes * creator fees messaging * new cfmm: k = y^(1-p) * n^p * addCpmmLiquidity * correct price function * enable fees * handle overflow * liquidity provision tracking * raise fees * Fix merge error * fix dpm free response payout for single outcome * Fix DPM payout calculation * Remove hardcoding as dev Co-authored-by: James Grugett <jahooma@gmail.com>
2022-03-15 22:27:51 +00:00
import {
getDpmProbability,
calculateDpmShareValue,
deductDpmFees,
} from './calculate-dpm'
import { calculateCpmmSale, getCpmmProbability } from './calculate-cpmm'
import { Binary, DPM, CPMM, FullContract } from './contract'
import { DPM_CREATOR_FEE, DPM_PLATFORM_FEE, Fees } from './fees'
2022-01-10 23:52:03 +00:00
import { User } from './user'
2022-01-10 22:49:04 +00:00
export const getSellBetInfo = (
user: User,
bet: Bet,
Cfmm (#64) * cpmm initial commit: common logic, cloud functions * remove unnecessary property * contract type * rename 'calculate.ts' => 'calculate-dpm.ts' * rename dpm calculations * use focus hook * mechanism-agnostic calculations * bet panel: use new calculations * use new calculations * delete markets cloud function * use correct contract type in scripts / functions * calculate fixed payouts; bets list calculations * new bet: use calculateCpmmPurchase * getOutcomeProbabilityAfterBet * use deductFixedFees * fix auto-refactor * fix antes * separate logic to payouts-dpm, payouts-fixed * liquidity provision tracking * remove comment * liquidity label * create liquidity provision even if no ante bet * liquidity fee * use all bets for getFixedCancelPayouts * updateUserBalance: allow negative balances * store initialProbability in contracts * turn on liquidity fee; turn off creator fee * Include time param in tweet url, so image preview is re-fetched * share redemption * cpmm ContractBetsTable display * formatMoney: handle minus zero * filter out redemption bets * track fees on contract and bets; change fee schedule for cpmm markets; only pay out creator fees at resolution * small fixes * small fixes * Redeem shares pays back loans first * Fix initial point on graph * calculateCpmmPurchase: deduct creator fee * Filter out redemption bets from feed * set env to dev for user-testing purposes * creator fees messaging * new cfmm: k = y^(1-p) * n^p * addCpmmLiquidity * correct price function * enable fees * handle overflow * liquidity provision tracking * raise fees * Fix merge error * fix dpm free response payout for single outcome * Fix DPM payout calculation * Remove hardcoding as dev Co-authored-by: James Grugett <jahooma@gmail.com>
2022-03-15 22:27:51 +00:00
contract: FullContract<DPM, any>,
2022-01-10 22:49:04 +00:00
newBetId: string
) => {
Free response (#47) * Answer datatype and MULTI outcome type for Contract * Create free answer contract * Automatically sort Tailwind classes with Prettier (#45) * Add Prettier Tailwind plugin * Autoformat Tailwind classes with Prettier * Allow for non-binary contracts in contract page and related components * logo with white inside, transparent bg * Create answer * Some UI for showing answers * Answer bet panel * Convert rest of calcuate file to generic multi contracts * Working betting with ante'd NONE answer * Numbered answers. Layout & calculation tweaks * Can bet. More layout tweaks! * Resolve answer UI * Resolve multi market * Resolved market UI * Fix feed and cards for multi contracts * Sell bets. Various fixes * Tweaks for trades page * Always dev mode * Create answer bet has isAnte: true * Fix card showing 0% for multi contracts * Fix grouped bets feed for multi outcomes * None option converted to none of the above label at bottom of list. Button to resolve none. * Tweaks to no answers yet, resolve button layout * Show ante bets on new answers in the feed * Update placeholder text for description * Consolidate firestore rules for subcollections * Remove Contract and Bet type params. Use string type for outcomes. * Increase char limit to 10k for answers. Preserve line breaks. * Don't show resolve options after answer chosen * Fix type error in script * Remove NONE resolution option * Change outcomeType to include 'MULTI' and 'FREE_RESPONSE' * Show bet probability change and payout when creating answer * User info change: also change answers * Append answers to contract field 'answers' * sort trades by resolved * Don't include trailing !:,.; in links * Stop flooring inputs into formatMoney * Revert "Stop flooring inputs into formatMoney" This reverts commit 2f7ab1842916bc903e60231cbf45b934db2f2658. * Consistently floor user.balance * Expand create panel on focus From Richard Hanania's feedback * welcome email: include link to manifold * Fix home page in dev on branches that are not free-response * Close emails (#50) * script init for stephen dev * market close emails * order of operations * template email * sendMarketCloseEmail: handle unsubscribe * remove debugging * marketCloseEmails: every hour * sendMarketCloseEmails: check undefined * marketCloseEmails: "every hour" => "every 1 hours" * Set up a read API using Vercel serverless functions (#49) * Set up read API using Vercel serverless functions Featuring: /api/v0/markets /api/v0/market/[contractId] /api/v0/slug/[contractSlug] * Include tags in API * Tweaks. Remove filter for only binary contract * Fix bet probability change for NO bets * Put back isProd calculation Co-authored-by: Austin Chen <akrolsmir@gmail.com> Co-authored-by: mantikoros <sgrugett@gmail.com> Co-authored-by: mantikoros <95266179+mantikoros@users.noreply.github.com>
2022-02-17 23:00:19 +00:00
const { pool, totalShares, totalBets } = contract
const { id: betId, amount, shares, outcome, loanAmount } = bet
2022-01-10 22:49:04 +00:00
Cfmm (#64) * cpmm initial commit: common logic, cloud functions * remove unnecessary property * contract type * rename 'calculate.ts' => 'calculate-dpm.ts' * rename dpm calculations * use focus hook * mechanism-agnostic calculations * bet panel: use new calculations * use new calculations * delete markets cloud function * use correct contract type in scripts / functions * calculate fixed payouts; bets list calculations * new bet: use calculateCpmmPurchase * getOutcomeProbabilityAfterBet * use deductFixedFees * fix auto-refactor * fix antes * separate logic to payouts-dpm, payouts-fixed * liquidity provision tracking * remove comment * liquidity label * create liquidity provision even if no ante bet * liquidity fee * use all bets for getFixedCancelPayouts * updateUserBalance: allow negative balances * store initialProbability in contracts * turn on liquidity fee; turn off creator fee * Include time param in tweet url, so image preview is re-fetched * share redemption * cpmm ContractBetsTable display * formatMoney: handle minus zero * filter out redemption bets * track fees on contract and bets; change fee schedule for cpmm markets; only pay out creator fees at resolution * small fixes * small fixes * Redeem shares pays back loans first * Fix initial point on graph * calculateCpmmPurchase: deduct creator fee * Filter out redemption bets from feed * set env to dev for user-testing purposes * creator fees messaging * new cfmm: k = y^(1-p) * n^p * addCpmmLiquidity * correct price function * enable fees * handle overflow * liquidity provision tracking * raise fees * Fix merge error * fix dpm free response payout for single outcome * Fix DPM payout calculation * Remove hardcoding as dev Co-authored-by: James Grugett <jahooma@gmail.com>
2022-03-15 22:27:51 +00:00
const adjShareValue = calculateDpmShareValue(contract, bet)
2022-01-10 22:49:04 +00:00
Free response (#47) * Answer datatype and MULTI outcome type for Contract * Create free answer contract * Automatically sort Tailwind classes with Prettier (#45) * Add Prettier Tailwind plugin * Autoformat Tailwind classes with Prettier * Allow for non-binary contracts in contract page and related components * logo with white inside, transparent bg * Create answer * Some UI for showing answers * Answer bet panel * Convert rest of calcuate file to generic multi contracts * Working betting with ante'd NONE answer * Numbered answers. Layout & calculation tweaks * Can bet. More layout tweaks! * Resolve answer UI * Resolve multi market * Resolved market UI * Fix feed and cards for multi contracts * Sell bets. Various fixes * Tweaks for trades page * Always dev mode * Create answer bet has isAnte: true * Fix card showing 0% for multi contracts * Fix grouped bets feed for multi outcomes * None option converted to none of the above label at bottom of list. Button to resolve none. * Tweaks to no answers yet, resolve button layout * Show ante bets on new answers in the feed * Update placeholder text for description * Consolidate firestore rules for subcollections * Remove Contract and Bet type params. Use string type for outcomes. * Increase char limit to 10k for answers. Preserve line breaks. * Don't show resolve options after answer chosen * Fix type error in script * Remove NONE resolution option * Change outcomeType to include 'MULTI' and 'FREE_RESPONSE' * Show bet probability change and payout when creating answer * User info change: also change answers * Append answers to contract field 'answers' * sort trades by resolved * Don't include trailing !:,.; in links * Stop flooring inputs into formatMoney * Revert "Stop flooring inputs into formatMoney" This reverts commit 2f7ab1842916bc903e60231cbf45b934db2f2658. * Consistently floor user.balance * Expand create panel on focus From Richard Hanania's feedback * welcome email: include link to manifold * Fix home page in dev on branches that are not free-response * Close emails (#50) * script init for stephen dev * market close emails * order of operations * template email * sendMarketCloseEmail: handle unsubscribe * remove debugging * marketCloseEmails: every hour * sendMarketCloseEmails: check undefined * marketCloseEmails: "every hour" => "every 1 hours" * Set up a read API using Vercel serverless functions (#49) * Set up read API using Vercel serverless functions Featuring: /api/v0/markets /api/v0/market/[contractId] /api/v0/slug/[contractSlug] * Include tags in API * Tweaks. Remove filter for only binary contract * Fix bet probability change for NO bets * Put back isProd calculation Co-authored-by: Austin Chen <akrolsmir@gmail.com> Co-authored-by: mantikoros <sgrugett@gmail.com> Co-authored-by: mantikoros <95266179+mantikoros@users.noreply.github.com>
2022-02-17 23:00:19 +00:00
const newPool = { ...pool, [outcome]: pool[outcome] - adjShareValue }
2022-01-10 22:49:04 +00:00
Free response (#47) * Answer datatype and MULTI outcome type for Contract * Create free answer contract * Automatically sort Tailwind classes with Prettier (#45) * Add Prettier Tailwind plugin * Autoformat Tailwind classes with Prettier * Allow for non-binary contracts in contract page and related components * logo with white inside, transparent bg * Create answer * Some UI for showing answers * Answer bet panel * Convert rest of calcuate file to generic multi contracts * Working betting with ante'd NONE answer * Numbered answers. Layout & calculation tweaks * Can bet. More layout tweaks! * Resolve answer UI * Resolve multi market * Resolved market UI * Fix feed and cards for multi contracts * Sell bets. Various fixes * Tweaks for trades page * Always dev mode * Create answer bet has isAnte: true * Fix card showing 0% for multi contracts * Fix grouped bets feed for multi outcomes * None option converted to none of the above label at bottom of list. Button to resolve none. * Tweaks to no answers yet, resolve button layout * Show ante bets on new answers in the feed * Update placeholder text for description * Consolidate firestore rules for subcollections * Remove Contract and Bet type params. Use string type for outcomes. * Increase char limit to 10k for answers. Preserve line breaks. * Don't show resolve options after answer chosen * Fix type error in script * Remove NONE resolution option * Change outcomeType to include 'MULTI' and 'FREE_RESPONSE' * Show bet probability change and payout when creating answer * User info change: also change answers * Append answers to contract field 'answers' * sort trades by resolved * Don't include trailing !:,.; in links * Stop flooring inputs into formatMoney * Revert "Stop flooring inputs into formatMoney" This reverts commit 2f7ab1842916bc903e60231cbf45b934db2f2658. * Consistently floor user.balance * Expand create panel on focus From Richard Hanania's feedback * welcome email: include link to manifold * Fix home page in dev on branches that are not free-response * Close emails (#50) * script init for stephen dev * market close emails * order of operations * template email * sendMarketCloseEmail: handle unsubscribe * remove debugging * marketCloseEmails: every hour * sendMarketCloseEmails: check undefined * marketCloseEmails: "every hour" => "every 1 hours" * Set up a read API using Vercel serverless functions (#49) * Set up read API using Vercel serverless functions Featuring: /api/v0/markets /api/v0/market/[contractId] /api/v0/slug/[contractSlug] * Include tags in API * Tweaks. Remove filter for only binary contract * Fix bet probability change for NO bets * Put back isProd calculation Co-authored-by: Austin Chen <akrolsmir@gmail.com> Co-authored-by: mantikoros <sgrugett@gmail.com> Co-authored-by: mantikoros <95266179+mantikoros@users.noreply.github.com>
2022-02-17 23:00:19 +00:00
const newTotalShares = {
...totalShares,
[outcome]: totalShares[outcome] - shares,
}
2022-01-10 22:49:04 +00:00
Free response (#47) * Answer datatype and MULTI outcome type for Contract * Create free answer contract * Automatically sort Tailwind classes with Prettier (#45) * Add Prettier Tailwind plugin * Autoformat Tailwind classes with Prettier * Allow for non-binary contracts in contract page and related components * logo with white inside, transparent bg * Create answer * Some UI for showing answers * Answer bet panel * Convert rest of calcuate file to generic multi contracts * Working betting with ante'd NONE answer * Numbered answers. Layout & calculation tweaks * Can bet. More layout tweaks! * Resolve answer UI * Resolve multi market * Resolved market UI * Fix feed and cards for multi contracts * Sell bets. Various fixes * Tweaks for trades page * Always dev mode * Create answer bet has isAnte: true * Fix card showing 0% for multi contracts * Fix grouped bets feed for multi outcomes * None option converted to none of the above label at bottom of list. Button to resolve none. * Tweaks to no answers yet, resolve button layout * Show ante bets on new answers in the feed * Update placeholder text for description * Consolidate firestore rules for subcollections * Remove Contract and Bet type params. Use string type for outcomes. * Increase char limit to 10k for answers. Preserve line breaks. * Don't show resolve options after answer chosen * Fix type error in script * Remove NONE resolution option * Change outcomeType to include 'MULTI' and 'FREE_RESPONSE' * Show bet probability change and payout when creating answer * User info change: also change answers * Append answers to contract field 'answers' * sort trades by resolved * Don't include trailing !:,.; in links * Stop flooring inputs into formatMoney * Revert "Stop flooring inputs into formatMoney" This reverts commit 2f7ab1842916bc903e60231cbf45b934db2f2658. * Consistently floor user.balance * Expand create panel on focus From Richard Hanania's feedback * welcome email: include link to manifold * Fix home page in dev on branches that are not free-response * Close emails (#50) * script init for stephen dev * market close emails * order of operations * template email * sendMarketCloseEmail: handle unsubscribe * remove debugging * marketCloseEmails: every hour * sendMarketCloseEmails: check undefined * marketCloseEmails: "every hour" => "every 1 hours" * Set up a read API using Vercel serverless functions (#49) * Set up read API using Vercel serverless functions Featuring: /api/v0/markets /api/v0/market/[contractId] /api/v0/slug/[contractSlug] * Include tags in API * Tweaks. Remove filter for only binary contract * Fix bet probability change for NO bets * Put back isProd calculation Co-authored-by: Austin Chen <akrolsmir@gmail.com> Co-authored-by: mantikoros <sgrugett@gmail.com> Co-authored-by: mantikoros <95266179+mantikoros@users.noreply.github.com>
2022-02-17 23:00:19 +00:00
const newTotalBets = { ...totalBets, [outcome]: totalBets[outcome] - amount }
2022-01-10 22:49:04 +00:00
Cfmm (#64) * cpmm initial commit: common logic, cloud functions * remove unnecessary property * contract type * rename 'calculate.ts' => 'calculate-dpm.ts' * rename dpm calculations * use focus hook * mechanism-agnostic calculations * bet panel: use new calculations * use new calculations * delete markets cloud function * use correct contract type in scripts / functions * calculate fixed payouts; bets list calculations * new bet: use calculateCpmmPurchase * getOutcomeProbabilityAfterBet * use deductFixedFees * fix auto-refactor * fix antes * separate logic to payouts-dpm, payouts-fixed * liquidity provision tracking * remove comment * liquidity label * create liquidity provision even if no ante bet * liquidity fee * use all bets for getFixedCancelPayouts * updateUserBalance: allow negative balances * store initialProbability in contracts * turn on liquidity fee; turn off creator fee * Include time param in tweet url, so image preview is re-fetched * share redemption * cpmm ContractBetsTable display * formatMoney: handle minus zero * filter out redemption bets * track fees on contract and bets; change fee schedule for cpmm markets; only pay out creator fees at resolution * small fixes * small fixes * Redeem shares pays back loans first * Fix initial point on graph * calculateCpmmPurchase: deduct creator fee * Filter out redemption bets from feed * set env to dev for user-testing purposes * creator fees messaging * new cfmm: k = y^(1-p) * n^p * addCpmmLiquidity * correct price function * enable fees * handle overflow * liquidity provision tracking * raise fees * Fix merge error * fix dpm free response payout for single outcome * Fix DPM payout calculation * Remove hardcoding as dev Co-authored-by: James Grugett <jahooma@gmail.com>
2022-03-15 22:27:51 +00:00
const probBefore = getDpmProbability(totalShares)
const probAfter = getDpmProbability(newTotalShares)
2022-01-10 22:49:04 +00:00
2022-02-14 02:24:03 +00:00
const profit = adjShareValue - amount
Cfmm (#64) * cpmm initial commit: common logic, cloud functions * remove unnecessary property * contract type * rename 'calculate.ts' => 'calculate-dpm.ts' * rename dpm calculations * use focus hook * mechanism-agnostic calculations * bet panel: use new calculations * use new calculations * delete markets cloud function * use correct contract type in scripts / functions * calculate fixed payouts; bets list calculations * new bet: use calculateCpmmPurchase * getOutcomeProbabilityAfterBet * use deductFixedFees * fix auto-refactor * fix antes * separate logic to payouts-dpm, payouts-fixed * liquidity provision tracking * remove comment * liquidity label * create liquidity provision even if no ante bet * liquidity fee * use all bets for getFixedCancelPayouts * updateUserBalance: allow negative balances * store initialProbability in contracts * turn on liquidity fee; turn off creator fee * Include time param in tweet url, so image preview is re-fetched * share redemption * cpmm ContractBetsTable display * formatMoney: handle minus zero * filter out redemption bets * track fees on contract and bets; change fee schedule for cpmm markets; only pay out creator fees at resolution * small fixes * small fixes * Redeem shares pays back loans first * Fix initial point on graph * calculateCpmmPurchase: deduct creator fee * Filter out redemption bets from feed * set env to dev for user-testing purposes * creator fees messaging * new cfmm: k = y^(1-p) * n^p * addCpmmLiquidity * correct price function * enable fees * handle overflow * liquidity provision tracking * raise fees * Fix merge error * fix dpm free response payout for single outcome * Fix DPM payout calculation * Remove hardcoding as dev Co-authored-by: James Grugett <jahooma@gmail.com>
2022-03-15 22:27:51 +00:00
const creatorFee = DPM_CREATOR_FEE * Math.max(0, profit)
const platformFee = DPM_PLATFORM_FEE * Math.max(0, profit)
const fees: Fees = {
creatorFee,
platformFee,
liquidityFee: 0,
}
const saleAmount = deductDpmFees(amount, adjShareValue)
2022-01-10 22:49:04 +00:00
console.log(
2022-01-10 23:52:03 +00:00
'SELL M$',
2022-01-10 22:49:04 +00:00
amount,
outcome,
2022-01-10 23:52:03 +00:00
'for M$',
2022-01-10 22:49:04 +00:00
saleAmount,
2022-01-10 23:52:03 +00:00
'creator fee: M$',
2022-01-10 22:49:04 +00:00
creatorFee
2022-01-10 23:52:03 +00:00
)
2022-01-10 22:49:04 +00:00
const newBet: Bet = {
id: newBetId,
userId: user.id,
contractId: contract.id,
amount: -adjShareValue,
shares: -shares,
outcome,
probBefore,
probAfter,
createdTime: Date.now(),
sale: {
amount: saleAmount,
betId,
},
Cfmm (#64) * cpmm initial commit: common logic, cloud functions * remove unnecessary property * contract type * rename 'calculate.ts' => 'calculate-dpm.ts' * rename dpm calculations * use focus hook * mechanism-agnostic calculations * bet panel: use new calculations * use new calculations * delete markets cloud function * use correct contract type in scripts / functions * calculate fixed payouts; bets list calculations * new bet: use calculateCpmmPurchase * getOutcomeProbabilityAfterBet * use deductFixedFees * fix auto-refactor * fix antes * separate logic to payouts-dpm, payouts-fixed * liquidity provision tracking * remove comment * liquidity label * create liquidity provision even if no ante bet * liquidity fee * use all bets for getFixedCancelPayouts * updateUserBalance: allow negative balances * store initialProbability in contracts * turn on liquidity fee; turn off creator fee * Include time param in tweet url, so image preview is re-fetched * share redemption * cpmm ContractBetsTable display * formatMoney: handle minus zero * filter out redemption bets * track fees on contract and bets; change fee schedule for cpmm markets; only pay out creator fees at resolution * small fixes * small fixes * Redeem shares pays back loans first * Fix initial point on graph * calculateCpmmPurchase: deduct creator fee * Filter out redemption bets from feed * set env to dev for user-testing purposes * creator fees messaging * new cfmm: k = y^(1-p) * n^p * addCpmmLiquidity * correct price function * enable fees * handle overflow * liquidity provision tracking * raise fees * Fix merge error * fix dpm free response payout for single outcome * Fix DPM payout calculation * Remove hardcoding as dev Co-authored-by: James Grugett <jahooma@gmail.com>
2022-03-15 22:27:51 +00:00
fees,
2022-01-10 23:52:03 +00:00
}
2022-01-10 22:49:04 +00:00
const newBalance = user.balance + saleAmount - (loanAmount ?? 0)
2022-01-10 22:49:04 +00:00
return {
newBet,
newPool,
newTotalShares,
newTotalBets,
newBalance,
Cfmm (#64) * cpmm initial commit: common logic, cloud functions * remove unnecessary property * contract type * rename 'calculate.ts' => 'calculate-dpm.ts' * rename dpm calculations * use focus hook * mechanism-agnostic calculations * bet panel: use new calculations * use new calculations * delete markets cloud function * use correct contract type in scripts / functions * calculate fixed payouts; bets list calculations * new bet: use calculateCpmmPurchase * getOutcomeProbabilityAfterBet * use deductFixedFees * fix auto-refactor * fix antes * separate logic to payouts-dpm, payouts-fixed * liquidity provision tracking * remove comment * liquidity label * create liquidity provision even if no ante bet * liquidity fee * use all bets for getFixedCancelPayouts * updateUserBalance: allow negative balances * store initialProbability in contracts * turn on liquidity fee; turn off creator fee * Include time param in tweet url, so image preview is re-fetched * share redemption * cpmm ContractBetsTable display * formatMoney: handle minus zero * filter out redemption bets * track fees on contract and bets; change fee schedule for cpmm markets; only pay out creator fees at resolution * small fixes * small fixes * Redeem shares pays back loans first * Fix initial point on graph * calculateCpmmPurchase: deduct creator fee * Filter out redemption bets from feed * set env to dev for user-testing purposes * creator fees messaging * new cfmm: k = y^(1-p) * n^p * addCpmmLiquidity * correct price function * enable fees * handle overflow * liquidity provision tracking * raise fees * Fix merge error * fix dpm free response payout for single outcome * Fix DPM payout calculation * Remove hardcoding as dev Co-authored-by: James Grugett <jahooma@gmail.com>
2022-03-15 22:27:51 +00:00
fees,
}
}
export const getCpmmSellBetInfo = (
user: User,
shares: number,
outcome: 'YES' | 'NO',
Cfmm (#64) * cpmm initial commit: common logic, cloud functions * remove unnecessary property * contract type * rename 'calculate.ts' => 'calculate-dpm.ts' * rename dpm calculations * use focus hook * mechanism-agnostic calculations * bet panel: use new calculations * use new calculations * delete markets cloud function * use correct contract type in scripts / functions * calculate fixed payouts; bets list calculations * new bet: use calculateCpmmPurchase * getOutcomeProbabilityAfterBet * use deductFixedFees * fix auto-refactor * fix antes * separate logic to payouts-dpm, payouts-fixed * liquidity provision tracking * remove comment * liquidity label * create liquidity provision even if no ante bet * liquidity fee * use all bets for getFixedCancelPayouts * updateUserBalance: allow negative balances * store initialProbability in contracts * turn on liquidity fee; turn off creator fee * Include time param in tweet url, so image preview is re-fetched * share redemption * cpmm ContractBetsTable display * formatMoney: handle minus zero * filter out redemption bets * track fees on contract and bets; change fee schedule for cpmm markets; only pay out creator fees at resolution * small fixes * small fixes * Redeem shares pays back loans first * Fix initial point on graph * calculateCpmmPurchase: deduct creator fee * Filter out redemption bets from feed * set env to dev for user-testing purposes * creator fees messaging * new cfmm: k = y^(1-p) * n^p * addCpmmLiquidity * correct price function * enable fees * handle overflow * liquidity provision tracking * raise fees * Fix merge error * fix dpm free response payout for single outcome * Fix DPM payout calculation * Remove hardcoding as dev Co-authored-by: James Grugett <jahooma@gmail.com>
2022-03-15 22:27:51 +00:00
contract: FullContract<CPMM, Binary>,
newBetId: string
) => {
const { pool, p } = contract
const { saleValue, newPool, newP, fees } = calculateCpmmSale(
contract,
shares,
outcome
)
Cfmm (#64) * cpmm initial commit: common logic, cloud functions * remove unnecessary property * contract type * rename 'calculate.ts' => 'calculate-dpm.ts' * rename dpm calculations * use focus hook * mechanism-agnostic calculations * bet panel: use new calculations * use new calculations * delete markets cloud function * use correct contract type in scripts / functions * calculate fixed payouts; bets list calculations * new bet: use calculateCpmmPurchase * getOutcomeProbabilityAfterBet * use deductFixedFees * fix auto-refactor * fix antes * separate logic to payouts-dpm, payouts-fixed * liquidity provision tracking * remove comment * liquidity label * create liquidity provision even if no ante bet * liquidity fee * use all bets for getFixedCancelPayouts * updateUserBalance: allow negative balances * store initialProbability in contracts * turn on liquidity fee; turn off creator fee * Include time param in tweet url, so image preview is re-fetched * share redemption * cpmm ContractBetsTable display * formatMoney: handle minus zero * filter out redemption bets * track fees on contract and bets; change fee schedule for cpmm markets; only pay out creator fees at resolution * small fixes * small fixes * Redeem shares pays back loans first * Fix initial point on graph * calculateCpmmPurchase: deduct creator fee * Filter out redemption bets from feed * set env to dev for user-testing purposes * creator fees messaging * new cfmm: k = y^(1-p) * n^p * addCpmmLiquidity * correct price function * enable fees * handle overflow * liquidity provision tracking * raise fees * Fix merge error * fix dpm free response payout for single outcome * Fix DPM payout calculation * Remove hardcoding as dev Co-authored-by: James Grugett <jahooma@gmail.com>
2022-03-15 22:27:51 +00:00
const probBefore = getCpmmProbability(pool, p)
const probAfter = getCpmmProbability(newPool, p)
console.log(
'SELL M$',
shares,
Cfmm (#64) * cpmm initial commit: common logic, cloud functions * remove unnecessary property * contract type * rename 'calculate.ts' => 'calculate-dpm.ts' * rename dpm calculations * use focus hook * mechanism-agnostic calculations * bet panel: use new calculations * use new calculations * delete markets cloud function * use correct contract type in scripts / functions * calculate fixed payouts; bets list calculations * new bet: use calculateCpmmPurchase * getOutcomeProbabilityAfterBet * use deductFixedFees * fix auto-refactor * fix antes * separate logic to payouts-dpm, payouts-fixed * liquidity provision tracking * remove comment * liquidity label * create liquidity provision even if no ante bet * liquidity fee * use all bets for getFixedCancelPayouts * updateUserBalance: allow negative balances * store initialProbability in contracts * turn on liquidity fee; turn off creator fee * Include time param in tweet url, so image preview is re-fetched * share redemption * cpmm ContractBetsTable display * formatMoney: handle minus zero * filter out redemption bets * track fees on contract and bets; change fee schedule for cpmm markets; only pay out creator fees at resolution * small fixes * small fixes * Redeem shares pays back loans first * Fix initial point on graph * calculateCpmmPurchase: deduct creator fee * Filter out redemption bets from feed * set env to dev for user-testing purposes * creator fees messaging * new cfmm: k = y^(1-p) * n^p * addCpmmLiquidity * correct price function * enable fees * handle overflow * liquidity provision tracking * raise fees * Fix merge error * fix dpm free response payout for single outcome * Fix DPM payout calculation * Remove hardcoding as dev Co-authored-by: James Grugett <jahooma@gmail.com>
2022-03-15 22:27:51 +00:00
outcome,
'for M$',
saleValue,
'creator fee: M$',
fees.creatorFee
)
const newBet: Bet = {
id: newBetId,
userId: user.id,
contractId: contract.id,
amount: -saleValue,
shares: -shares,
outcome,
probBefore,
probAfter,
createdTime: Date.now(),
fees,
}
const newBalance = user.balance + saleValue
return {
newBet,
newPool,
newP,
Cfmm (#64) * cpmm initial commit: common logic, cloud functions * remove unnecessary property * contract type * rename 'calculate.ts' => 'calculate-dpm.ts' * rename dpm calculations * use focus hook * mechanism-agnostic calculations * bet panel: use new calculations * use new calculations * delete markets cloud function * use correct contract type in scripts / functions * calculate fixed payouts; bets list calculations * new bet: use calculateCpmmPurchase * getOutcomeProbabilityAfterBet * use deductFixedFees * fix auto-refactor * fix antes * separate logic to payouts-dpm, payouts-fixed * liquidity provision tracking * remove comment * liquidity label * create liquidity provision even if no ante bet * liquidity fee * use all bets for getFixedCancelPayouts * updateUserBalance: allow negative balances * store initialProbability in contracts * turn on liquidity fee; turn off creator fee * Include time param in tweet url, so image preview is re-fetched * share redemption * cpmm ContractBetsTable display * formatMoney: handle minus zero * filter out redemption bets * track fees on contract and bets; change fee schedule for cpmm markets; only pay out creator fees at resolution * small fixes * small fixes * Redeem shares pays back loans first * Fix initial point on graph * calculateCpmmPurchase: deduct creator fee * Filter out redemption bets from feed * set env to dev for user-testing purposes * creator fees messaging * new cfmm: k = y^(1-p) * n^p * addCpmmLiquidity * correct price function * enable fees * handle overflow * liquidity provision tracking * raise fees * Fix merge error * fix dpm free response payout for single outcome * Fix DPM payout calculation * Remove hardcoding as dev Co-authored-by: James Grugett <jahooma@gmail.com>
2022-03-15 22:27:51 +00:00
newBalance,
fees,
2022-01-10 23:52:03 +00:00
}
}