manifold/common/new-bet.ts
mantikoros c183e00d47
Cfmm (#64)
* cpmm initial commit: common logic, cloud functions

* remove unnecessary property

* contract type

* rename 'calculate.ts' => 'calculate-dpm.ts'

* rename dpm calculations

* use focus hook

* mechanism-agnostic calculations

* bet panel: use new calculations

* use new calculations

* delete markets cloud function

* use correct contract type in scripts / functions

* calculate fixed payouts; bets list calculations

* new bet: use calculateCpmmPurchase

* getOutcomeProbabilityAfterBet

* use deductFixedFees

* fix auto-refactor

* fix antes

* separate logic to payouts-dpm, payouts-fixed

* liquidity provision tracking

* remove comment

* liquidity label

* create liquidity provision even if no ante bet

* liquidity fee

* use all bets for getFixedCancelPayouts

* updateUserBalance: allow negative balances

* store initialProbability in contracts

* turn on liquidity fee; turn off creator fee

* Include time param in tweet url, so image preview is re-fetched

* share redemption

* cpmm ContractBetsTable display

* formatMoney: handle minus zero

* filter out redemption bets

* track fees on contract and bets; change fee schedule for cpmm markets; only pay out creator fees at resolution

* small fixes

* small fixes

* Redeem shares pays back loans first

* Fix initial point on graph

* calculateCpmmPurchase: deduct creator fee

* Filter out redemption bets from feed

* set env to dev for user-testing purposes

* creator fees messaging

* new cfmm: k = y^(1-p) * n^p

* addCpmmLiquidity

* correct price function

* enable fees

* handle overflow

* liquidity provision tracking

* raise fees

* Fix merge error

* fix dpm free response payout for single outcome

* Fix DPM payout calculation

* Remove hardcoding as dev

Co-authored-by: James Grugett <jahooma@gmail.com>
2022-03-15 17:27:51 -05:00

166 lines
4.1 KiB
TypeScript

import * as _ from 'lodash'
import { Bet, MAX_LOAN_PER_CONTRACT } from './bet'
import {
calculateDpmShares,
getDpmProbability,
getDpmOutcomeProbability,
} from './calculate-dpm'
import { calculateCpmmPurchase, getCpmmProbability } from './calculate-cpmm'
import {
Binary,
CPMM,
DPM,
FreeResponse,
FullContract,
Multi,
} from './contract'
import { User } from './user'
import { noFees } from './fees'
export const getNewBinaryCpmmBetInfo = (
user: User,
outcome: 'YES' | 'NO',
amount: number,
contract: FullContract<CPMM, Binary>,
loanAmount: number,
newBetId: string
) => {
const { shares, newPool, newP, fees } = calculateCpmmPurchase(
contract,
amount,
outcome
)
const newBalance = user.balance - (amount - loanAmount)
const { pool, p, totalLiquidity } = contract
const probBefore = getCpmmProbability(pool, p)
const probAfter = getCpmmProbability(newPool, newP)
const newBet: Bet = {
id: newBetId,
userId: user.id,
contractId: contract.id,
amount,
shares,
outcome,
fees,
loanAmount,
probBefore,
probAfter,
createdTime: Date.now(),
}
const { liquidityFee } = fees
const newTotalLiquidity = (totalLiquidity ?? 0) + liquidityFee
return { newBet, newPool, newP, newBalance, newTotalLiquidity, fees }
}
export const getNewBinaryDpmBetInfo = (
user: User,
outcome: 'YES' | 'NO',
amount: number,
contract: FullContract<DPM, Binary>,
loanAmount: number,
newBetId: string
) => {
const { YES: yesPool, NO: noPool } = contract.pool
const newPool =
outcome === 'YES'
? { YES: yesPool + amount, NO: noPool }
: { YES: yesPool, NO: noPool + amount }
const shares = calculateDpmShares(contract.totalShares, amount, outcome)
const { YES: yesShares, NO: noShares } = contract.totalShares
const newTotalShares =
outcome === 'YES'
? { YES: yesShares + shares, NO: noShares }
: { YES: yesShares, NO: noShares + shares }
const { YES: yesBets, NO: noBets } = contract.totalBets
const newTotalBets =
outcome === 'YES'
? { YES: yesBets + amount, NO: noBets }
: { YES: yesBets, NO: noBets + amount }
const probBefore = getDpmProbability(contract.totalShares)
const probAfter = getDpmProbability(newTotalShares)
const newBet: Bet = {
id: newBetId,
userId: user.id,
contractId: contract.id,
amount,
loanAmount,
shares,
outcome,
probBefore,
probAfter,
createdTime: Date.now(),
fees: noFees,
}
const newBalance = user.balance - (amount - loanAmount)
return { newBet, newPool, newTotalShares, newTotalBets, newBalance }
}
export const getNewMultiBetInfo = (
user: User,
outcome: string,
amount: number,
contract: FullContract<DPM, Multi | FreeResponse>,
loanAmount: number,
newBetId: string
) => {
const { pool, totalShares, totalBets } = contract
const prevOutcomePool = pool[outcome] ?? 0
const newPool = { ...pool, [outcome]: prevOutcomePool + amount }
const shares = calculateDpmShares(contract.totalShares, amount, outcome)
const prevShares = totalShares[outcome] ?? 0
const newTotalShares = { ...totalShares, [outcome]: prevShares + shares }
const prevTotalBets = totalBets[outcome] ?? 0
const newTotalBets = { ...totalBets, [outcome]: prevTotalBets + amount }
const probBefore = getDpmOutcomeProbability(totalShares, outcome)
const probAfter = getDpmOutcomeProbability(newTotalShares, outcome)
const newBet: Bet = {
id: newBetId,
userId: user.id,
contractId: contract.id,
amount,
loanAmount,
shares,
outcome,
probBefore,
probAfter,
createdTime: Date.now(),
fees: noFees,
}
const newBalance = user.balance - (amount - loanAmount)
return { newBet, newPool, newTotalShares, newTotalBets, newBalance }
}
export const getLoanAmount = (yourBets: Bet[], newBetAmount: number) => {
const openBets = yourBets.filter((bet) => !bet.isSold && !bet.sale)
const prevLoanAmount = _.sumBy(openBets, (bet) => bet.loanAmount ?? 0)
const loanAmount = Math.min(
newBetAmount,
MAX_LOAN_PER_CONTRACT - prevLoanAmount
)
return loanAmount
}