import { Bet } from './bet' import { Contract } from './contract' import { CREATOR_FEE, FEES } from './fees' export const getCancelPayouts = (truePool: number, bets: Bet[]) => { console.log('resolved N/A, pool M$', truePool) const betSum = sumBy(bets, (b) => b.amount) return bets.map((bet) => ({ userId: bet.userId, payout: (bet.amount / betSum) * truePool, })) } export const getStandardPayouts = ( outcome: string, truePool: number, contract: Contract, bets: Bet[] ) => { const [yesBets, noBets] = partition(bets, (bet) => bet.outcome === 'YES') const winningBets = outcome === 'YES' ? yesBets : noBets const betSum = sumBy(winningBets, (b) => b.amount) if (betSum >= truePool) return getCancelPayouts(truePool, winningBets) const creatorPayout = CREATOR_FEE * truePool console.log( 'resolved', outcome, 'pool: M$', truePool, 'creator fee: M$', creatorPayout ) const shareDifferenceSum = sumBy(winningBets, (b) => b.shares - b.amount) const winningsPool = truePool - betSum const winnerPayouts = winningBets.map((bet) => ({ userId: bet.userId, payout: (1 - FEES) * (bet.amount + ((bet.shares - bet.amount) / shareDifferenceSum) * winningsPool), })) return winnerPayouts.concat([ { userId: contract.creatorId, payout: creatorPayout }, ]) // add creator fee } export const getMktPayouts = ( truePool: number, contract: Contract, bets: Bet[] ) => { const p = contract.pool.YES ** 2 / (contract.pool.YES ** 2 + contract.pool.NO ** 2) console.log('Resolved MKT at p=', p, 'pool: $M', truePool) const [yesBets, noBets] = partition(bets, (bet) => bet.outcome === 'YES') const weightedBetTotal = p * sumBy(yesBets, (b) => b.amount) + (1 - p) * sumBy(noBets, (b) => b.amount) if (weightedBetTotal >= truePool) { return bets.map((bet) => ({ userId: bet.userId, payout: (((bet.outcome === 'YES' ? p : 1 - p) * bet.amount) / weightedBetTotal) * truePool, })) } const winningsPool = truePool - weightedBetTotal const weightedShareTotal = p * sumBy(yesBets, (b) => b.shares - b.amount) + (1 - p) * sumBy(noBets, (b) => b.shares - b.amount) const yesPayouts = yesBets.map((bet) => ({ userId: bet.userId, payout: (1 - FEES) * (p * bet.amount + ((p * (bet.shares - bet.amount)) / weightedShareTotal) * winningsPool), })) const noPayouts = noBets.map((bet) => ({ userId: bet.userId, payout: (1 - FEES) * ((1 - p) * bet.amount + (((1 - p) * (bet.shares - bet.amount)) / weightedShareTotal) * winningsPool), })) const creatorPayout = CREATOR_FEE * truePool return [ ...yesPayouts, ...noPayouts, { userId: contract.creatorId, payout: creatorPayout }, ] } const partition = (array: T[], f: (t: T) => boolean) => { const yes = [] const no = [] for (let t of array) { if (f(t)) yes.push(t) else no.push(t) } return [yes, no] as [T[], T[]] } const sumBy = (array: T[], f: (t: T) => number) => { const values = array.map(f) return values.reduce((prev, cur) => prev + cur, 0) }