import clsx from 'clsx' import React, { useEffect, useState } from 'react' import _ from 'lodash' import { useUser } from '../hooks/use-user' import { Binary, CPMM, DPM, FullContract } from '../../common/contract' import { Col } from './layout/col' import { Row } from './layout/row' import { Spacer } from './layout/spacer' import { YesNoSelector } from './yes-no-selector' import { formatMoney, formatPercent, formatWithCommas, } from '../../common/util/format' import { Title } from './title' import { firebaseLogin, User } from '../lib/firebase/users' import { Bet } from '../../common/bet' import { placeBet, sellShares } from '../lib/firebase/api-call' import { BuyAmountInput, SellAmountInput } from './amount-input' import { InfoTooltip } from './info-tooltip' import { BinaryOutcomeLabel, OutcomeLabel } from './outcome-label' import { calculatePayoutAfterCorrectBet, calculateShares, getProbability, getOutcomeProbabilityAfterBet, } from '../../common/calculate' import { useFocus } from '../hooks/use-focus' import { useUserContractBets } from '../hooks/use-user-bets' import { calculateCpmmSale, getCpmmProbability, } from '../../common/calculate-cpmm' import { Modal } from './layout/modal' export function BetPanel(props: { contract: FullContract className?: string }) { const { contract, className } = props const { mechanism } = contract const user = useUser() const userBets = useUserContractBets(user?.id, contract.id) const [showSellModal, setShowSellModal] = useState(false) const { yesShares, noShares } = useSaveShares(contract, userBets) const shares = yesShares || noShares const sharesOutcome = yesShares ? 'YES' : noShares ? 'NO' : undefined return ( {sharesOutcome && user && mechanism === 'cpmm-1' && (
You have {formatWithCommas(Math.floor(shares))}{' '} shares
{showSellModal && ( } user={user} userBets={userBets ?? []} shares={shares} sharesOutcome={sharesOutcome} setOpen={setShowSellModal} /> )}
)}
Place a trade
{/* */} <BuyPanel contract={contract} user={user} userBets={userBets ?? []} /> {user === null && ( <button className="btn flex-1 whitespace-nowrap border-none bg-gradient-to-r from-teal-500 to-green-500 px-10 text-lg font-medium normal-case hover:from-teal-600 hover:to-green-600" onClick={firebaseLogin} > Sign up to trade! </button> )} </Col> </Col> ) } export function BetPanelSwitcher(props: { contract: FullContract<DPM | CPMM, Binary> className?: string title?: string // Set if BetPanel is on a feed modal selected?: 'YES' | 'NO' onBetSuccess?: () => void }) { const { contract, className, title, selected, onBetSuccess } = props const { mechanism } = contract const user = useUser() const userBets = useUserContractBets(user?.id, contract.id) const [tradeType, setTradeType] = useState<'BUY' | 'SELL'>('BUY') const { yesShares, noShares } = useSaveShares(contract, userBets) const shares = yesShares || noShares const sharesOutcome = yesShares ? 'YES' : noShares ? 'NO' : undefined useEffect(() => { // Switch back to BUY if the user has sold all their shares. if (tradeType === 'SELL' && sharesOutcome === undefined) { setTradeType('BUY') } }, [tradeType, sharesOutcome]) return ( <Col className={className}> {sharesOutcome && mechanism === 'cpmm-1' && ( <Col className="rounded-t-md bg-gray-100 px-6 py-6"> <Row className="items-center justify-between gap-2"> <div> You have {formatWithCommas(Math.floor(shares))}{' '} <BinaryOutcomeLabel outcome={sharesOutcome} /> shares </div> <button className="btn btn-sm" style={{ backgroundColor: 'white', border: '2px solid', color: '#3D4451', }} onClick={() => tradeType === 'BUY' ? setTradeType('SELL') : setTradeType('BUY') } > {tradeType === 'BUY' ? 'Sell' : 'Bet'} </button> </Row> </Col> )} <Col className={clsx( 'rounded-b-md bg-white px-8 py-6', !sharesOutcome && 'rounded-t-md', className )} > <Title className={clsx( '!mt-0', tradeType === 'BUY' && title ? '!text-xl' : '' )} text={tradeType === 'BUY' ? title ?? 'Place a trade' : 'Sell shares'} /> {tradeType === 'SELL' && user && sharesOutcome && ( <SellPanel contract={contract as FullContract<CPMM, Binary>} shares={yesShares || noShares} sharesOutcome={sharesOutcome} user={user} userBets={userBets ?? []} onSellSuccess={onBetSuccess} /> )} {tradeType === 'BUY' && ( <BuyPanel contract={contract} user={user} userBets={userBets ?? []} selected={selected} onBuySuccess={onBetSuccess} /> )} {user === null && ( <button className="btn flex-1 whitespace-nowrap border-none bg-gradient-to-r from-teal-500 to-green-500 px-10 text-lg font-medium normal-case hover:from-teal-600 hover:to-green-600" onClick={firebaseLogin} > Sign up to trade! </button> )} </Col> </Col> ) } function BuyPanel(props: { contract: FullContract<DPM | CPMM, Binary> user: User | null | undefined userBets: Bet[] selected?: 'YES' | 'NO' onBuySuccess?: () => void }) { const { contract, user, userBets, selected, onBuySuccess } = props const [betChoice, setBetChoice] = useState<'YES' | 'NO' | undefined>(selected) const [betAmount, setBetAmount] = useState<number | undefined>(undefined) const [error, setError] = useState<string | undefined>() const [isSubmitting, setIsSubmitting] = useState(false) const [wasSubmitted, setWasSubmitted] = useState(false) const [inputRef, focusAmountInput] = useFocus() useEffect(() => { // warm up cloud function placeBet({}).catch() }, []) useEffect(() => { if (selected) focusAmountInput() }, [selected, focusAmountInput]) function onBetChoice(choice: 'YES' | 'NO') { setBetChoice(choice) setWasSubmitted(false) focusAmountInput() } function onBetChange(newAmount: number | undefined) { setWasSubmitted(false) setBetAmount(newAmount) if (!betChoice) { setBetChoice('YES') } } async function submitBet() { if (!user || !betAmount) return setError(undefined) setIsSubmitting(true) const result = await placeBet({ amount: betAmount, outcome: betChoice, contractId: contract.id, }).then((r) => r.data as any) console.log('placed bet. Result:', result) if (result?.status === 'success') { setIsSubmitting(false) setWasSubmitted(true) setBetAmount(undefined) if (onBuySuccess) onBuySuccess() } else { setError(result?.message || 'Error placing bet') setIsSubmitting(false) } } const betDisabled = isSubmitting || !betAmount || error const initialProb = getProbability(contract) const outcomeProb = getOutcomeProbabilityAfterBet( contract, betChoice || 'YES', betAmount ?? 0 ) const resultProb = betChoice === 'NO' ? 1 - outcomeProb : outcomeProb const shares = calculateShares(contract, betAmount ?? 0, betChoice || 'YES') const currentPayout = betAmount ? calculatePayoutAfterCorrectBet(contract, { outcome: betChoice, amount: betAmount, shares, } as Bet) : 0 const currentReturn = betAmount ? (currentPayout - betAmount) / betAmount : 0 const currentReturnPercent = formatPercent(currentReturn) const dpmTooltip = contract.mechanism === 'dpm-2' ? `Current payout for ${formatWithCommas(shares)} / ${formatWithCommas( shares + contract.totalShares[betChoice ?? 'YES'] - (contract.phantomShares ? contract.phantomShares[betChoice ?? 'YES'] : 0) )} ${betChoice ?? 'YES'} shares` : undefined return ( <> <YesNoSelector className="mb-4" selected={betChoice} onSelect={(choice) => onBetChoice(choice)} /> <div className="my-3 text-left text-sm text-gray-500">Amount</div> <BuyAmountInput inputClassName="w-full" amount={betAmount} onChange={onBetChange} error={error} setError={setError} disabled={isSubmitting} inputRef={inputRef} /> <Col className="mt-3 w-full gap-3"> <Row className="items-center justify-between text-sm"> <div className="text-gray-500">Probability</div> <Row> <div>{formatPercent(initialProb)}</div> <div className="mx-2">→</div> <div>{formatPercent(resultProb)}</div> </Row> </Row> <Row className="items-center justify-between gap-2 text-sm"> <Row className="flex-nowrap items-center gap-2 whitespace-nowrap text-gray-500"> <div> {contract.mechanism === 'dpm-2' ? ( <> Estimated <br /> payout if{' '} <BinaryOutcomeLabel outcome={betChoice ?? 'YES'} /> </> ) : ( <> Payout if <BinaryOutcomeLabel outcome={betChoice ?? 'YES'} /> </> )} </div> {dpmTooltip && <InfoTooltip text={dpmTooltip} />} </Row> <Row className="flex-wrap items-end justify-end gap-2"> <span className="whitespace-nowrap"> {formatMoney(currentPayout)} </span> <span>(+{currentReturnPercent})</span> </Row> </Row> </Col> <Spacer h={8} /> {user && ( <button className={clsx( 'btn flex-1', betDisabled ? 'btn-disabled' : betChoice === 'YES' ? 'btn-primary' : 'border-none bg-red-400 hover:bg-red-500', isSubmitting ? 'loading' : '' )} onClick={betDisabled ? undefined : submitBet} > {isSubmitting ? 'Submitting...' : 'Submit bet'} </button> )} {wasSubmitted && <div className="mt-4">Bet submitted!</div>} </> ) } function SellPanel(props: { contract: FullContract<CPMM, Binary> userBets: Bet[] shares: number sharesOutcome: 'YES' | 'NO' user: User onSellSuccess?: () => void }) { const { contract, shares, sharesOutcome, userBets, user, onSellSuccess } = props const [amount, setAmount] = useState<number | undefined>(shares) const [error, setError] = useState<string | undefined>() const [isSubmitting, setIsSubmitting] = useState(false) const [wasSubmitted, setWasSubmitted] = useState(false) const betDisabled = isSubmitting || !amount || error async function submitSell() { if (!user || !amount) return setError(undefined) setIsSubmitting(true) // Sell all shares if remaining shares would be < 1 const sellAmount = amount === Math.floor(shares) ? shares : amount const result = await sellShares({ shares: sellAmount, outcome: sharesOutcome, contractId: contract.id, }).then((r) => r.data) console.log('Sold shares. Result:', result) if (result?.status === 'success') { setIsSubmitting(false) setWasSubmitted(true) setAmount(undefined) if (onSellSuccess) onSellSuccess() } else { setError(result?.message || 'Error selling') setIsSubmitting(false) } } const initialProb = getProbability(contract) const { newPool } = calculateCpmmSale( contract, Math.min(amount ?? 0, shares), sharesOutcome ) const resultProb = getCpmmProbability(newPool, contract.p) return ( <> <SellAmountInput inputClassName="w-full" contract={contract} amount={amount ? Math.floor(amount) : undefined} onChange={setAmount} userBets={userBets} error={error} setError={setError} disabled={isSubmitting} /> <Col className="mt-3 w-full gap-3"> <Row className="items-center justify-between text-sm"> <div className="text-gray-500">Probability</div> <Row> <div>{formatPercent(initialProb)}</div> <div className="mx-2">→</div> <div>{formatPercent(resultProb)}</div> </Row> </Row> </Col> <Spacer h={8} /> <button className={clsx( 'btn flex-1', betDisabled ? 'btn-disabled' : sharesOutcome === 'YES' ? 'btn-primary' : 'border-none bg-red-400 hover:bg-red-500', isSubmitting ? 'loading' : '' )} onClick={betDisabled ? undefined : submitSell} > {isSubmitting ? 'Submitting...' : 'Submit sell'} </button> {wasSubmitted && <div className="mt-4">Sell submitted!</div>} </> ) } const useSaveShares = ( contract: FullContract<CPMM | DPM, Binary>, userBets: Bet[] | undefined ) => { const [savedShares, setSavedShares] = useState< { yesShares: number; noShares: number } | undefined >() const [yesBets, noBets] = _.partition( userBets ?? [], (bet) => bet.outcome === 'YES' ) const [yesShares, noShares] = [ _.sumBy(yesBets, (bet) => bet.shares), _.sumBy(noBets, (bet) => bet.shares), ] useEffect(() => { // Save yes and no shares to local storage. const savedShares = localStorage.getItem(`${contract.id}-shares`) if (!userBets && savedShares) { setSavedShares(JSON.parse(savedShares)) } if (userBets) { const updatedShares = { yesShares, noShares } localStorage.setItem( `${contract.id}-shares`, JSON.stringify(updatedShares) ) } }, [contract.id, userBets, noShares, yesShares]) if (userBets) return { yesShares, noShares } return savedShares ?? { yesShares: 0, noShares: 0 } } function SellSharesModal(props: { contract: FullContract<CPMM, Binary> userBets: Bet[] shares: number sharesOutcome: 'YES' | 'NO' user: User setOpen: (open: boolean) => void }) { const { contract, shares, sharesOutcome, userBets, user, setOpen } = props return ( <Modal open={true} setOpen={setOpen}> <Col className="rounded-md bg-white px-8 py-6"> <Title className="!mt-0" text={'Sell shares'} /> <div className="mb-6"> You have {formatWithCommas(Math.floor(shares))}{' '} <OutcomeLabel outcome={sharesOutcome} contract={contract} truncate="long" />{' '} shares </div> <SellPanel contract={contract} shares={shares} sharesOutcome={sharesOutcome} user={user} userBets={userBets ?? []} onSellSuccess={() => setOpen(false)} /> </Col> </Modal> ) }