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Redeem shares: pay back a smaller frac of your loan

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This commit is contained in:
James Grugett 2022-09-08 22:57:02 -05:00
parent 677b20a7ba
commit cf74a195b2
1 changed files with 4 additions and 1 deletions
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5
common/redeem.ts
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@ -13,7 +13,10 @@ export const getRedeemableAmount = (bets: RedeemableBet[]) => {
const yesShares = sumBy(yesBets, (b) => b.shares) const yesShares = sumBy(yesBets, (b) => b.shares)
const noShares = sumBy(noBets, (b) => b.shares) const noShares = sumBy(noBets, (b) => b.shares)
const shares = Math.max(Math.min(yesShares, noShares), 0) const shares = Math.max(Math.min(yesShares, noShares), 0)
const soldFrac = shares > 0 ? Math.min(yesShares, noShares) / shares : 0 const soldFrac =
shares > 0
? Math.min(yesShares, noShares) / Math.max(yesShares, noShares)
: 0
const loanAmount = sumBy(bets, (bet) => bet.loanAmount ?? 0) const loanAmount = sumBy(bets, (bet) => bet.loanAmount ?? 0)
const loanPayment = loanAmount * soldFrac const loanPayment = loanAmount * soldFrac
const netAmount = shares - loanPayment const netAmount = shares - loanPayment