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| 1 | +use aiken/builtin |
| 2 | +use aiken/dict.{Dict} |
| 3 | +use aiken/math |
| 4 | +use aiken/math/rational.{Rational} |
| 5 | +use aiken/transaction/value.{AssetName, PolicyId, Value} |
| 6 | +use butane/types |
| 7 | +use butane/unsafe |
| 8 | + |
| 9 | +// Gets the raw collateralization ratio (CR) and health factor (HF) of a CDP |
| 10 | +pub fn get_collateral_finances( |
| 11 | + p_list: List<Int>, |
| 12 | + p_dom: Int, |
| 13 | + v: Value, |
| 14 | + assets: List<types.AssetClass>, |
| 15 | + w_list: List<Int>, |
| 16 | + w_dom: Int, |
| 17 | + max_proportions_list: List<Int>, |
| 18 | + synth_amount: Int, |
| 19 | + callback: fn(Rational, Rational) -> a, |
| 20 | +) -> a { |
| 21 | + let v2: Pairs<PolicyId, Dict<AssetName, Int>> = |
| 22 | + v |> value.to_dict |> dict.to_pairs |
| 23 | + let unweighted_capacity, capacity <- |
| 24 | + do_get_borrowing_capacity( |
| 25 | + u_value: v2, |
| 26 | + debt: synth_amount, |
| 27 | + unweighted_capacity: 0, |
| 28 | + borrowing_capacity: 0, |
| 29 | + collateral_assets: assets, |
| 30 | + collateral_prices: p_list, |
| 31 | + prices_denom: p_dom, |
| 32 | + weights_denom: w_dom, |
| 33 | + collateral_weights: w_list, |
| 34 | + collateral_max_proportions: max_proportions_list, |
| 35 | + callback: _, |
| 36 | + ) |
| 37 | + let cr = |
| 38 | + unsafe.unsome(rational.new(unweighted_capacity, p_dom * synth_amount)) |
| 39 | + let hf = unsafe.unsome(rational.new(capacity, synth_amount)) |
| 40 | + callback(cr, hf) |
| 41 | +} |
| 42 | + |
| 43 | +pub fn do_get_borrowing_capacity( |
| 44 | + u_value: Pairs<PolicyId, Dict<AssetName, Int>>, |
| 45 | + debt: Int, |
| 46 | + unweighted_capacity: Int, |
| 47 | + borrowing_capacity: Int, |
| 48 | + collateral_assets: List<types.AssetClass>, |
| 49 | + collateral_prices: List<Int>, |
| 50 | + prices_denom: Int, |
| 51 | + weights_denom: Int, |
| 52 | + collateral_weights: List<Int>, |
| 53 | + collateral_max_proportions: List<Int>, |
| 54 | + callback: fn(Int, Int) -> a, |
| 55 | +) -> a { |
| 56 | + when u_value is { |
| 57 | + [Pair(pol, pol_v), ..vs] -> |
| 58 | + do_get_borrowing_capacity_2( |
| 59 | + pol: pol, |
| 60 | + pol_v: pol_v |> dict.to_pairs, |
| 61 | + and_finally: do_get_borrowing_capacity(vs, _, _, _, _, _, _, _, _, _, _), |
| 62 | + debt: debt, |
| 63 | + unweighted_capacity: unweighted_capacity, |
| 64 | + borrowing_capacity: borrowing_capacity, |
| 65 | + collateral_assets: collateral_assets, |
| 66 | + collateral_prices: collateral_prices, |
| 67 | + prices_denom: prices_denom, |
| 68 | + weights_denom: weights_denom, |
| 69 | + collateral_weights: collateral_weights, |
| 70 | + collateral_max_proportions: collateral_max_proportions, |
| 71 | + callback: callback, |
| 72 | + ) |
| 73 | + _ -> callback(unweighted_capacity, borrowing_capacity) |
| 74 | + } |
| 75 | +} |
| 76 | + |
| 77 | +pub fn do_get_borrowing_capacity_2( |
| 78 | + pol: PolicyId, |
| 79 | + pol_v: Pairs<AssetName, Int>, |
| 80 | + and_finally: fn( |
| 81 | + Int, |
| 82 | + Int, |
| 83 | + Int, |
| 84 | + List<types.AssetClass>, |
| 85 | + List<Int>, |
| 86 | + Int, |
| 87 | + Int, |
| 88 | + List<Int>, |
| 89 | + List<Int>, |
| 90 | + fn(Int, Int) -> a, |
| 91 | + ) -> |
| 92 | + a, |
| 93 | + debt: Int, |
| 94 | + unweighted_capacity: Int, |
| 95 | + borrowing_capacity: Int, |
| 96 | + collateral_assets: List<types.AssetClass>, |
| 97 | + collateral_prices: List<Int>, |
| 98 | + prices_denom: Int, |
| 99 | + weights_denom: Int, |
| 100 | + collateral_weights: List<Int>, |
| 101 | + collateral_max_proportions: List<Int>, |
| 102 | + callback: fn(Int, Int) -> a, |
| 103 | +) -> a { |
| 104 | + when pol_v is { |
| 105 | + [Pair(token_name, qty), ..vs] -> |
| 106 | + get_asset_price_then( |
| 107 | + s: types.AssetClass { policy_id: pol, asset_name: token_name }, |
| 108 | + debt: debt, |
| 109 | + unweighted_capacity: unweighted_capacity, |
| 110 | + borrowing_capacity: borrowing_capacity, |
| 111 | + qty: qty, |
| 112 | + asset_list: collateral_assets, |
| 113 | + price_list: collateral_prices, |
| 114 | + prices_denom: prices_denom, |
| 115 | + weights_denom: weights_denom, |
| 116 | + weights_list: collateral_weights, |
| 117 | + max_proportion_list: collateral_max_proportions, |
| 118 | + continue_with: do_get_borrowing_capacity_2( |
| 119 | + pol, |
| 120 | + vs, |
| 121 | + and_finally, |
| 122 | + _, |
| 123 | + _, |
| 124 | + _, |
| 125 | + _, |
| 126 | + _, |
| 127 | + _, |
| 128 | + _, |
| 129 | + _, |
| 130 | + _, |
| 131 | + _, |
| 132 | + ), |
| 133 | + callback: callback, |
| 134 | + ) |
| 135 | + _ -> |
| 136 | + and_finally( |
| 137 | + debt, |
| 138 | + unweighted_capacity, |
| 139 | + borrowing_capacity, |
| 140 | + collateral_assets, |
| 141 | + collateral_prices, |
| 142 | + prices_denom, |
| 143 | + weights_denom, |
| 144 | + collateral_weights, |
| 145 | + collateral_max_proportions, |
| 146 | + callback, |
| 147 | + ) |
| 148 | + } |
| 149 | +} |
| 150 | + |
| 151 | +fn get_asset_price_then( |
| 152 | + s: types.AssetClass, |
| 153 | + debt: Int, |
| 154 | + unweighted_capacity: Int, |
| 155 | + borrowing_capacity: Int, |
| 156 | + qty: Int, |
| 157 | + asset_list: List<types.AssetClass>, |
| 158 | + price_list: List<Int>, |
| 159 | + prices_denom: Int, |
| 160 | + weights_denom: Int, |
| 161 | + weights_list: List<Int>, |
| 162 | + max_proportion_list: List<Int>, |
| 163 | + continue_with: fn( |
| 164 | + Int, |
| 165 | + Int, |
| 166 | + Int, |
| 167 | + List<types.AssetClass>, |
| 168 | + List<Int>, |
| 169 | + Int, |
| 170 | + Int, |
| 171 | + List<Int>, |
| 172 | + List<Int>, |
| 173 | + fn(Int, Int) -> a, |
| 174 | + ) -> |
| 175 | + a, |
| 176 | + callback: fn(Int, Int) -> a, |
| 177 | +) -> a { |
| 178 | + expect [asset_name, ..] = asset_list |
| 179 | + if s == asset_name { |
| 180 | + expect [price, ..] = price_list |
| 181 | + let numerator = qty * price |
| 182 | + continue_with( |
| 183 | + debt, |
| 184 | + unweighted_capacity + numerator, |
| 185 | + borrowing_capacity + math.min( |
| 186 | + // First case: the asset is not limited by the max proportion |
| 187 | + numerator * weights_denom / builtin.head_list(weights_list) / prices_denom, |
| 188 | + // Second case: the asset is limited by the max proportion |
| 189 | + debt * builtin.head_list(max_proportion_list) / types.bp_precision, |
| 190 | + ), |
| 191 | + builtin.tail_list(asset_list), |
| 192 | + builtin.tail_list(price_list), |
| 193 | + prices_denom, |
| 194 | + weights_denom, |
| 195 | + builtin.tail_list(weights_list), |
| 196 | + builtin.tail_list(max_proportion_list), |
| 197 | + callback, |
| 198 | + ) |
| 199 | + } else { |
| 200 | + get_asset_price_then( |
| 201 | + s: s, |
| 202 | + debt: debt, |
| 203 | + unweighted_capacity: unweighted_capacity, |
| 204 | + borrowing_capacity: borrowing_capacity, |
| 205 | + qty: qty, |
| 206 | + asset_list: builtin.tail_list(asset_list), |
| 207 | + price_list: builtin.tail_list(price_list), |
| 208 | + prices_denom: prices_denom, |
| 209 | + weights_denom: weights_denom, |
| 210 | + weights_list: builtin.tail_list(weights_list), |
| 211 | + max_proportion_list: builtin.tail_list(max_proportion_list), |
| 212 | + continue_with: continue_with, |
| 213 | + callback: callback, |
| 214 | + ) |
| 215 | + } |
| 216 | +} |
| 217 | + |
| 218 | +test basic_bc_test() { |
| 219 | + let |
| 220 | + a, |
| 221 | + b, |
| 222 | + <- |
| 223 | + do_get_borrowing_capacity( |
| 224 | + value.from_asset("", "", 10) |
| 225 | + |> value.to_dict |
| 226 | + |> dict.to_pairs, |
| 227 | + 100, |
| 228 | + 0, |
| 229 | + 0, |
| 230 | + [types.AssetClass { policy_id: "", asset_name: "" }], |
| 231 | + [2], |
| 232 | + 1, |
| 233 | + 1, |
| 234 | + [3], |
| 235 | + [10_000], |
| 236 | + ) |
| 237 | + (a, b) == (20, 6) |
| 238 | +} |
| 239 | + |
| 240 | +test basic_bc_test_2() { |
| 241 | + let |
| 242 | + a, |
| 243 | + b, |
| 244 | + <- |
| 245 | + do_get_borrowing_capacity( |
| 246 | + value.from_asset("", "", 10) |
| 247 | + |> value.merge(value.from_asset("a", "b", 20)) |
| 248 | + |> value.to_dict |
| 249 | + |> dict.to_pairs, |
| 250 | + 100, |
| 251 | + 0, |
| 252 | + 0, |
| 253 | + [ |
| 254 | + types.AssetClass { policy_id: "", asset_name: "" }, |
| 255 | + types.AssetClass { policy_id: "a", asset_name: "b" }, |
| 256 | + ], |
| 257 | + [2, 2], |
| 258 | + 1, |
| 259 | + 1, |
| 260 | + [3, 3], |
| 261 | + [10_000, 10_000], |
| 262 | + ) |
| 263 | + (a, b) == (60, 19) |
| 264 | +} |
| 265 | + |
| 266 | +test basic_bc_test_m() { |
| 267 | + let |
| 268 | + a, |
| 269 | + b, |
| 270 | + <- |
| 271 | + do_get_borrowing_capacity( |
| 272 | + value.from_asset("", "", 10) |
| 273 | + |> value.merge(value.from_asset("a", "b", 20)) |
| 274 | + |> value.merge(value.from_asset("c", "d", 20)) |
| 275 | + |> value.merge(value.from_asset("e", "f", 20)) |
| 276 | + |> value.merge(value.from_asset("g", "h", 20)) |
| 277 | + |> value.merge(value.from_asset("i", "j", 20)) |
| 278 | + |> value.to_dict |
| 279 | + |> dict.to_pairs, |
| 280 | + 100, |
| 281 | + 0, |
| 282 | + 0, |
| 283 | + [ |
| 284 | + types.AssetClass { policy_id: "", asset_name: "" }, |
| 285 | + types.AssetClass { policy_id: "a", asset_name: "b" }, |
| 286 | + types.AssetClass { policy_id: "c", asset_name: "d" }, |
| 287 | + types.AssetClass { policy_id: "e", asset_name: "f" }, |
| 288 | + types.AssetClass { policy_id: "g", asset_name: "h" }, |
| 289 | + types.AssetClass { policy_id: "i", asset_name: "j" }, |
| 290 | + ], |
| 291 | + [2, 2, 2, 2, 2, 2], |
| 292 | + 1, |
| 293 | + 1, |
| 294 | + [3, 3, 3, 3, 3, 3], |
| 295 | + [10_000, 10_000, 10_000, 10_000, 10_000, 10_000], |
| 296 | + ) |
| 297 | + (a, b) == (220, 71) |
| 298 | +} |
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