import { partition, sumBy } from 'lodash' import { Bet } from './bet' import { getProbability } from './calculate' import { CPMMContract } from './contract' import { noFees } from './fees' import { CandidateBet } from './new-bet' type RedeemableBet = Pick export const getRedeemableAmount = (bets: RedeemableBet[]) => { const [yesBets, noBets] = partition(bets, (b) => b.outcome === 'YES') const yesShares = sumBy(yesBets, (b) => b.shares) const noShares = sumBy(noBets, (b) => b.shares) const shares = Math.max(Math.min(yesShares, noShares), 0) const soldFrac = shares > 0 ? Math.min(yesShares, noShares) / shares : 0 const loanAmount = sumBy(bets, (bet) => bet.loanAmount ?? 0) const loanPayment = loanAmount * soldFrac const netAmount = shares - loanPayment return { shares, loanPayment, netAmount } } export const getRedemptionBets = ( shares: number, loanPayment: number, contract: CPMMContract ) => { const p = getProbability(contract) const createdTime = Date.now() const yesBet: CandidateBet = { contractId: contract.id, amount: p * -shares, shares: -shares, loanAmount: loanPayment ? -loanPayment / 2 : 0, outcome: 'YES', probBefore: p, probAfter: p, createdTime, isRedemption: true, fees: noFees, } const noBet: CandidateBet = { contractId: contract.id, amount: (1 - p) * -shares, shares: -shares, loanAmount: loanPayment ? -loanPayment / 2 : 0, outcome: 'NO', probBefore: p, probAfter: p, createdTime, isRedemption: true, fees: noFees, } return [yesBet, noBet] }