manifold/common/sell-bet.ts
Ian Philips f1c3914807
Properly fill probs on DPMM bets (#480)
* Properly fill probs on DPMM bets

* Remove unused import
2022-06-10 15:15:52 -06:00

124 lines
2.6 KiB
TypeScript

import { Bet } from './bet'
import {
calculateDpmShareValue,
deductDpmFees,
getDpmOutcomeProbability,
} from './calculate-dpm'
import { calculateCpmmSale, getCpmmProbability } from './calculate-cpmm'
import { CPMMContract, DPMContract } from './contract'
import { DPM_CREATOR_FEE, DPM_PLATFORM_FEE, Fees } from './fees'
export type CandidateBet<T extends Bet> = Omit<T, 'id' | 'userId'>
export const getSellBetInfo = (bet: Bet, contract: DPMContract) => {
const { pool, totalShares, totalBets } = contract
const { id: betId, amount, shares, outcome } = bet
const adjShareValue = calculateDpmShareValue(contract, bet)
const newPool = { ...pool, [outcome]: pool[outcome] - adjShareValue }
const newTotalShares = {
...totalShares,
[outcome]: totalShares[outcome] - shares,
}
const newTotalBets = { ...totalBets, [outcome]: totalBets[outcome] - amount }
const probBefore = getDpmOutcomeProbability(totalShares, outcome)
const probAfter = getDpmOutcomeProbability(newTotalShares, outcome)
const profit = adjShareValue - amount
const creatorFee = DPM_CREATOR_FEE * Math.max(0, profit)
const platformFee = DPM_PLATFORM_FEE * Math.max(0, profit)
const fees: Fees = {
creatorFee,
platformFee,
liquidityFee: 0,
}
const saleAmount = deductDpmFees(amount, adjShareValue)
console.log(
'SELL M$',
amount,
outcome,
'for M$',
saleAmount,
'creator fee: M$',
creatorFee
)
const newBet: CandidateBet<Bet> = {
contractId: contract.id,
amount: -adjShareValue,
shares: -shares,
outcome,
probBefore,
probAfter,
createdTime: Date.now(),
sale: {
amount: saleAmount,
betId,
},
fees,
}
return {
newBet,
newPool,
newTotalShares,
newTotalBets,
fees,
}
}
export const getCpmmSellBetInfo = (
shares: number,
outcome: 'YES' | 'NO',
contract: CPMMContract,
prevLoanAmount: number
) => {
const { pool, p } = contract
const { saleValue, newPool, newP, fees } = calculateCpmmSale(
contract,
shares,
outcome
)
const loanPaid = Math.min(prevLoanAmount, saleValue)
const probBefore = getCpmmProbability(pool, p)
const probAfter = getCpmmProbability(newPool, p)
console.log(
'SELL M$',
shares,
outcome,
'for M$',
saleValue,
'creator fee: M$',
fees.creatorFee
)
const newBet: CandidateBet<Bet> = {
contractId: contract.id,
amount: -saleValue,
shares: -shares,
outcome,
probBefore,
probAfter,
createdTime: Date.now(),
loanAmount: -loanPaid,
fees,
}
return {
newBet,
newPool,
newP,
fees,
}
}