Put very general share redemption code into common
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@ -20,9 +20,9 @@ import { noFees } from './fees'
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import { addObjects } from './util/object'
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import { NUMERIC_FIXED_VAR } from './numeric-constants'
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export type CandidateBet<T extends Bet> = Omit<T, 'id' | 'userId'>
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export type CandidateBet<T extends Bet = Bet> = Omit<T, 'id' | 'userId'>
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export type BetInfo = {
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newBet: CandidateBet<Bet>
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newBet: CandidateBet
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newPool?: { [outcome: string]: number }
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newTotalShares?: { [outcome: string]: number }
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newTotalBets?: { [outcome: string]: number }
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@ -46,7 +46,7 @@ export const getNewBinaryCpmmBetInfo = (
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const probBefore = getCpmmProbability(pool, p)
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const probAfter = getCpmmProbability(newPool, newP)
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const newBet: CandidateBet<Bet> = {
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const newBet: CandidateBet = {
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contractId: contract.id,
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amount,
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shares,
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@ -96,7 +96,7 @@ export const getNewBinaryDpmBetInfo = (
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const probBefore = getDpmProbability(contract.totalShares)
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const probAfter = getDpmProbability(newTotalShares)
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const newBet: CandidateBet<Bet> = {
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const newBet: CandidateBet = {
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contractId: contract.id,
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amount,
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loanAmount,
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@ -133,7 +133,7 @@ export const getNewMultiBetInfo = (
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const probBefore = getDpmOutcomeProbability(totalShares, outcome)
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const probAfter = getDpmOutcomeProbability(newTotalShares, outcome)
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const newBet: CandidateBet<Bet> = {
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const newBet: CandidateBet = {
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contractId: contract.id,
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amount,
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loanAmount,
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54
common/redeem.ts
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54
common/redeem.ts
Normal file
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@ -0,0 +1,54 @@
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import { partition, sumBy } from 'lodash'
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import { Bet } from './bet'
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import { getProbability } from './calculate'
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import { CPMMContract } from './contract'
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import { noFees } from './fees'
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import { CandidateBet } from './new-bet'
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type RedeemableBet = Pick<Bet, 'outcome' | 'shares' | 'loanAmount'>
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export const getRedeemableAmount = (bets: RedeemableBet[]) => {
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const [yesBets, noBets] = partition(bets, (b) => b.outcome === 'YES')
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const yesShares = sumBy(yesBets, (b) => b.shares)
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const noShares = sumBy(noBets, (b) => b.shares)
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const shares = Math.max(Math.min(yesShares, noShares), 0)
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const loanAmount = sumBy(bets, (bet) => bet.loanAmount ?? 0)
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const loanPayment = Math.min(loanAmount, shares)
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const netAmount = shares - loanPayment
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return { shares, loanPayment, netAmount }
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}
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export const getRedemptionBets = (
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shares: number,
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loanPayment: number,
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contract: CPMMContract
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) => {
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const p = getProbability(contract)
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const createdTime = Date.now()
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const yesBet: CandidateBet = {
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contractId: contract.id,
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amount: p * -shares,
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shares: -shares,
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loanAmount: loanPayment ? -loanPayment / 2 : 0,
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outcome: 'YES',
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probBefore: p,
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probAfter: p,
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createdTime,
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isRedemption: true,
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fees: noFees,
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}
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const noBet: CandidateBet = {
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contractId: contract.id,
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amount: (1 - p) * -shares,
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shares: -shares,
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loanAmount: loanPayment ? -loanPayment / 2 : 0,
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outcome: 'NO',
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probBefore: p,
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probAfter: p,
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createdTime,
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isRedemption: true,
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fees: noFees,
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}
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return [yesBet, noBet]
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}
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@ -1,61 +1,11 @@
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import * as admin from 'firebase-admin'
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import { partition, sumBy } from 'lodash'
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import { Bet } from '../../common/bet'
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import { getProbability } from '../../common/calculate'
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import { getRedeemableAmount, getRedemptionBets } from '../../common/redeem'
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import { Contract, CPMMContract } from '../../common/contract'
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import { noFees } from '../../common/fees'
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import { Contract } from '../../common/contract'
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import { User } from '../../common/user'
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type CandidateBet<T extends Bet> = Omit<T, 'id' | 'userId'>
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type RedeemableBet = Pick<Bet, 'outcome' | 'shares' | 'loanAmount'>
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const getRedeemableAmount = (bets: RedeemableBet[]) => {
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const [yesBets, noBets] = partition(bets, (b) => b.outcome === 'YES')
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const yesShares = sumBy(yesBets, (b) => b.shares)
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const noShares = sumBy(noBets, (b) => b.shares)
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const shares = Math.max(Math.min(yesShares, noShares), 0)
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const loanAmount = sumBy(bets, (bet) => bet.loanAmount ?? 0)
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const loanPayment = Math.min(loanAmount, shares)
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const netAmount = shares - loanPayment
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return { shares, loanPayment, netAmount }
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}
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const getRedemptionBets = (
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shares: number,
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loanPayment: number,
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contract: CPMMContract
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) => {
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const p = getProbability(contract)
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const createdTime = Date.now()
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const yesBet: CandidateBet<Bet> = {
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contractId: contract.id,
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amount: p * -shares,
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shares: -shares,
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loanAmount: loanPayment ? -loanPayment / 2 : 0,
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outcome: 'YES',
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probBefore: p,
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probAfter: p,
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createdTime,
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isRedemption: true,
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fees: noFees,
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}
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const noBet: CandidateBet<Bet> = {
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contractId: contract.id,
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amount: (1 - p) * -shares,
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shares: -shares,
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loanAmount: loanPayment ? -loanPayment / 2 : 0,
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outcome: 'NO',
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probBefore: p,
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probAfter: p,
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createdTime,
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isRedemption: true,
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fees: noFees,
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}
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return [yesBet, noBet]
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}
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export const redeemShares = async (userId: string, contractId: string) => {
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return await firestore.runTransaction(async (trans) => {
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const contractDoc = firestore.doc(`contracts/${contractId}`)
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