ts: new changes to token param updates
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
This commit is contained in:
microwavedcola1
parent
928ac343f8
commit
a93ef13310
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@ -189,58 +189,80 @@ async function updateTokenParams(): Promise<void> {
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const builder = Builder(NullTokenEditParams);
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let change = false;
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const tier = Object.values(LISTING_PRESETS).find((x) =>
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x.initLiabWeight.toFixed(1) === '1.8'
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? x.initLiabWeight.toFixed(1) ===
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bank?.initLiabWeight.toNumber().toFixed(1) &&
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x.reduceOnly === bank.reduceOnly
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: x.initLiabWeight.toFixed(1) ===
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bank?.initLiabWeight.toNumber().toFixed(1),
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);
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// eslint-disable-next-line no-constant-condition
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if (true) {
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if (!tier) {
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console.log(`${bank.name}, no tier found`);
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} else if (tier.preset_name != 'C') {
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if (tier.preset_name.includes('A')) {
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builder.liquidationFee(bank.liquidationFee.toNumber() * 0.2);
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builder.platformLiquidationFee(
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bank.liquidationFee.toNumber() * 0.8,
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);
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} else if (tier.preset_name.includes('B')) {
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builder.liquidationFee(bank.liquidationFee.toNumber() * 0.4);
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builder.platformLiquidationFee(
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bank.liquidationFee.toNumber() * 0.6,
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);
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}
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change = true;
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}
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}
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// eslint-disable-next-line no-constant-condition
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// if (true) {
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// if (!tier) {
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// console.log(`${bank.name}, no tier found`);
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// } else {
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// console.log(
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// `${bank.name.padStart(10)}, ${bank.loanFeeRate
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// .mul(I80F48.fromNumber(100))
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// .toFixed(2)}, ${bank.loanOriginationFeeRate
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// .mul(I80F48.fromNumber(100))
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// .toFixed(2)}, ${tier?.preset_name.padStart(5)}, ${(
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// tier.loanFeeRate * 100
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// ).toFixed(2)}, ${(tier!.loanOriginationFeeRate * 100).toFixed(2)}`,
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// );
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// builder.loanFeeRate(tier!.loanFeeRate);
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// builder.loanOriginationFeeRate(tier!.loanOriginationFeeRate);
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// builder.flashLoanSwapFeeRate(tier!.loanOriginationFeeRate);
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// change = true;
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// }
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// }
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try {
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const tier = Object.values(LISTING_PRESETS).find((x) =>
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x.initLiabWeight.toFixed(1) === '1.8'
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? x.initLiabWeight.toFixed(1) ===
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bank?.initLiabWeight.toNumber().toFixed(1) &&
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x.reduceOnly === bank.reduceOnly
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: x.initLiabWeight.toFixed(1) ===
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bank?.initLiabWeight.toNumber().toFixed(1),
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);
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// eslint-disable-next-line no-constant-condition
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if (true) {
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if (
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bank.uiBorrows() == 0 &&
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bank.reduceOnly == 2 &&
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bank.initAssetWeight.toNumber() == 0 &&
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bank.maintAssetWeight.toNumber() == 0
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) {
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builder.disableAssetLiquidation(true);
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change = true;
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}
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}
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// // eslint-disable-next-line no-constant-condition
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// if (true) {
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// if (bank.uiBorrows() == 0 && bank.reduceOnly == 1) {
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// builder.disableAssetLiquidation(true);
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// builder.forceWithdraw(true);
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// change = true;
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// }
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// }
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// // eslint-disable-next-line no-constant-condition
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// if (true) {
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// if (!tier) {
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// console.log(`${bank.name}, no tier found`);
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// } else if (tier.preset_name != 'C') {
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// if (tier.preset_name.includes('A')) {
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// builder.liquidationFee(bank.liquidationFee.toNumber() * 0.2);
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// builder.platformLiquidationFee(
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// bank.liquidationFee.toNumber() * 0.8,
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// );
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// } else if (tier.preset_name.includes('B')) {
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// builder.liquidationFee(bank.liquidationFee.toNumber() * 0.4);
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// builder.platformLiquidationFee(
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// bank.liquidationFee.toNumber() * 0.6,
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// );
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// }
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// change = true;
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// }
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// }
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// eslint-disable-next-line no-constant-condition
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// if (true) {
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// if (!tier) {
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// console.log(`${bank.name}, no tier found`);
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// } else {
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// console.log(
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// `${bank.name.padStart(10)}, ${bank.loanFeeRate
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// .mul(I80F48.fromNumber(100))
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// .toFixed(2)}, ${bank.loanOriginationFeeRate
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// .mul(I80F48.fromNumber(100))
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// .toFixed(2)}, ${tier?.preset_name.padStart(5)}, ${(
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// tier.loanFeeRate * 100
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// ).toFixed(2)}, ${(tier!.loanOriginationFeeRate * 100).toFixed(2)}`,
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// );
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// builder.loanFeeRate(tier!.loanFeeRate);
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// builder.loanOriginationFeeRate(tier!.loanOriginationFeeRate);
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// builder.flashLoanSwapFeeRate(tier!.loanOriginationFeeRate);
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// change = true;
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// }
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// }
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// formulas are sourced from here
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// https://www.notion.so/mango-markets/Mango-v4-Risk-parameter-recommendations-d309cdf5faac4aeea7560356e68532ab
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@ -250,186 +272,174 @@ async function updateTokenParams(): Promise<void> {
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// 4 * priceImpact.target_amount,
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// );
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if (!bank.areBorrowsReduceOnly()) {
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// eslint-disable-next-line no-constant-condition
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if (false) {
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// Net borrow limits
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const netBorrowLimitPerWindowQuote = Math.max(
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10_000,
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Math.min(bank.uiDeposits() * bank.uiPrice, 300_000) / 3 +
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Math.max(0, bank.uiDeposits() * bank.uiPrice - 300_000) / 5,
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);
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builder.netBorrowLimitPerWindowQuote(
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toNativeI80F48ForQuote(netBorrowLimitPerWindowQuote).toNumber(),
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);
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change = true;
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if (
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netBorrowLimitPerWindowQuote !=
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toUiDecimalsForQuote(bank.netBorrowLimitPerWindowQuote)
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) {
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console.log(
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`${
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bank.name
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} new - ${netBorrowLimitPerWindowQuote.toLocaleString()}, old - ${toUiDecimalsForQuote(
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bank.netBorrowLimitPerWindowQuote,
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).toLocaleString()}`,
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);
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}
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}
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// Deposit limits
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// eslint-disable-next-line no-constant-condition
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if (false) {
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if (bank.maintAssetWeight.toNumber() > 0) {
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{
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// Find asset's largest batch in $ we would need to liquidate, batches are extreme points of a range of price drop,
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// range is constrained by leverage provided
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// i.e. how much volatility we expect
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const r = findLargestAssetBatchUi(
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pisForLiqor,
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bank.name,
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Math.round(bank.maintAssetWeight.toNumber() * 100),
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100 - Math.round(bank.maintAssetWeight.toNumber() * 100),
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stepSize,
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);
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const maxLiqBatchQuoteUi = r[0];
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const maxLiqBatchUi = r[1];
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const sellImpact = getPriceImpactForBank(
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midPriceImpacts,
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bank,
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(bank.liquidationFee.toNumber() * 100) / 2,
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);
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// Deposit limit = sell impact - largest batch
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const allowedNewDepositsQuoteUi =
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sellImpact.target_amount - maxLiqBatchQuoteUi;
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const allowedNewDepositsUi =
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sellImpact.target_amount / bank.uiPrice -
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maxLiqBatchQuoteUi / bank.uiPrice;
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const depositLimitUi = bank.uiDeposits() + allowedNewDepositsUi;
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// LOG
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// console.log(
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// `${bank.name.padStart(20)} ${maxLiqBatchUi
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// .toLocaleString()
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// .padStart(15)} ${maxLiqBatchQuoteUi
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// .toLocaleString()
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// .padStart(15)}$ ${sellImpact.target_amount
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// .toLocaleString()
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// .padStart(12)}$ ${sellImpact.avg_price_impact_percent
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// .toLocaleString()
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// .padStart(12)}% ${allowedNewDepositsUi
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// .toLocaleString()
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// .padStart(20)}${allowedNewDepositsQuoteUi
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// .toLocaleString()
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// .padStart(20)}$ ${bank
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// .uiDeposits()
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// .toLocaleString()
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// .padStart(12)} ${(bank.uiDeposits() * bank.uiPrice)
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// .toLocaleString()
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// .padStart(12)}$ ${depositLimitUi
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// .toLocaleString()
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// .padStart(12)}`,
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// );
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builder.depositLimit(
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toNative(depositLimitUi, bank.mintDecimals),
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);
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change = true;
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}
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}
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}
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const params = builder.build();
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if (tier) {
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// eslint-disable-next-line no-constant-condition
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if (false) {
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// Net borrow limits
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const netBorrowLimitPerWindowQuote = Math.max(
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10_000,
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Math.min(bank.uiDeposits() * bank.uiPrice, 300_000) / 3 +
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Math.max(0, bank.uiDeposits() * bank.uiPrice - 300_000) / 5,
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);
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builder.netBorrowLimitPerWindowQuote(
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toNativeI80F48ForQuote(netBorrowLimitPerWindowQuote).toNumber(),
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);
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change = true;
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if (
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netBorrowLimitPerWindowQuote !=
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toUiDecimalsForQuote(bank.netBorrowLimitPerWindowQuote)
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) {
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console.log(
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`${bank.name}, ${tier.preset_name}, ${(
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params.liquidationFee! * 100
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).toFixed(2)} ${(params.platformLiquidationFee! * 100).toFixed(
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2,
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)}`,
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`${
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bank.name
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} new - ${netBorrowLimitPerWindowQuote.toLocaleString()}, old - ${toUiDecimalsForQuote(
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bank.netBorrowLimitPerWindowQuote,
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).toLocaleString()}`,
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);
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}
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}
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const ix = await client.program.methods
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.tokenEdit(
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params.oracle,
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params.oracleConfig,
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params.groupInsuranceFund,
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params.interestRateParams,
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params.loanFeeRate,
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params.loanOriginationFeeRate,
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params.maintAssetWeight,
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params.initAssetWeight,
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params.maintLiabWeight,
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params.initLiabWeight,
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params.liquidationFee,
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params.stablePriceDelayIntervalSeconds,
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params.stablePriceDelayGrowthLimit,
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params.stablePriceGrowthLimit,
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params.minVaultToDepositsRatio,
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params.netBorrowLimitPerWindowQuote !== null
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? new BN(params.netBorrowLimitPerWindowQuote)
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: null,
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params.netBorrowLimitWindowSizeTs !== null
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? new BN(params.netBorrowLimitWindowSizeTs)
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: null,
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params.borrowWeightScaleStartQuote,
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params.depositWeightScaleStartQuote,
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params.resetStablePrice ?? false,
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params.resetNetBorrowLimit ?? false,
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params.reduceOnly,
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params.name,
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params.forceClose,
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params.tokenConditionalSwapTakerFeeRate,
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params.tokenConditionalSwapMakerFeeRate,
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params.flashLoanSwapFeeRate,
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params.interestCurveScaling,
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params.interestTargetUtilization,
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params.maintWeightShiftStart,
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params.maintWeightShiftEnd,
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params.maintWeightShiftAssetTarget,
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params.maintWeightShiftLiabTarget,
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params.maintWeightShiftAbort ?? false,
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false, // setFallbackOracle, unused
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params.depositLimit,
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params.zeroUtilRate,
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params.platformLiquidationFee,
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params.disableAssetLiquidation,
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params.collateralFeePerDay,
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params.forceWithdraw,
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)
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.accounts({
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group: group.publicKey,
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oracle: bank.oracle,
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admin: group.admin,
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mintInfo: group.mintInfosMapByTokenIndex.get(bank.tokenIndex)
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?.publicKey,
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fallbackOracle: PublicKey.default,
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})
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.remainingAccounts([
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{
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pubkey: bank.publicKey,
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isWritable: true,
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isSigner: false,
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} as AccountMeta,
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])
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.instruction();
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// Deposit limits
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// eslint-disable-next-line no-constant-condition
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if (false) {
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if (bank.maintAssetWeight.toNumber() > 0) {
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{
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// Find asset's largest batch in $ we would need to liquidate, batches are extreme points of a range of price drop,
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// range is constrained by leverage provided
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// i.e. how much volatility we expect
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const r = findLargestAssetBatchUi(
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pisForLiqor,
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bank.name,
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Math.round(bank.maintAssetWeight.toNumber() * 100),
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100 - Math.round(bank.maintAssetWeight.toNumber() * 100),
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stepSize,
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);
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const tx = new Transaction({ feePayer: wallet.publicKey }).add(ix);
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const simulated = await client.connection.simulateTransaction(tx);
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const maxLiqBatchQuoteUi = r[0];
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const maxLiqBatchUi = r[1];
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if (simulated.value.err) {
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console.log('error', simulated.value.logs);
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throw simulated.value.logs;
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const sellImpact = getPriceImpactForBank(
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midPriceImpacts,
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bank,
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(bank.liquidationFee.toNumber() * 100) / 2,
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);
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// Deposit limit = sell impact - largest batch
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const allowedNewDepositsQuoteUi =
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sellImpact.target_amount - maxLiqBatchQuoteUi;
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const allowedNewDepositsUi =
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sellImpact.target_amount / bank.uiPrice -
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maxLiqBatchQuoteUi / bank.uiPrice;
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const depositLimitUi = bank.uiDeposits() + allowedNewDepositsUi;
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// LOG
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// console.log(
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// `${bank.name.padStart(20)} ${maxLiqBatchUi
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// .toLocaleString()
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// .padStart(15)} ${maxLiqBatchQuoteUi
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// .toLocaleString()
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// .padStart(15)}$ ${sellImpact.target_amount
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// .toLocaleString()
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// .padStart(12)}$ ${sellImpact.avg_price_impact_percent
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// .toLocaleString()
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// .padStart(12)}% ${allowedNewDepositsUi
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// .toLocaleString()
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// .padStart(20)}${allowedNewDepositsQuoteUi
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// .toLocaleString()
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// .padStart(20)}$ ${bank
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// .uiDeposits()
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// .toLocaleString()
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// .padStart(12)} ${(bank.uiDeposits() * bank.uiPrice)
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// .toLocaleString()
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// .padStart(12)}$ ${depositLimitUi
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// .toLocaleString()
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// .padStart(12)}`,
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// );
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builder.depositLimit(toNative(depositLimitUi, bank.mintDecimals));
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change = true;
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}
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}
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}
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if (change) {
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instructions.push(ix);
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}
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const params = builder.build();
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console.log(`${bank.name}, ${params.disableAssetLiquidation}`);
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const ix = await client.program.methods
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.tokenEdit(
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params.oracle,
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params.oracleConfig,
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params.groupInsuranceFund,
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params.interestRateParams,
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params.loanFeeRate,
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params.loanOriginationFeeRate,
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params.maintAssetWeight,
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params.initAssetWeight,
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params.maintLiabWeight,
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params.initLiabWeight,
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params.liquidationFee,
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params.stablePriceDelayIntervalSeconds,
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params.stablePriceDelayGrowthLimit,
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params.stablePriceGrowthLimit,
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params.minVaultToDepositsRatio,
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params.netBorrowLimitPerWindowQuote !== null
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? new BN(params.netBorrowLimitPerWindowQuote)
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: null,
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params.netBorrowLimitWindowSizeTs !== null
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? new BN(params.netBorrowLimitWindowSizeTs)
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: null,
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params.borrowWeightScaleStartQuote,
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params.depositWeightScaleStartQuote,
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params.resetStablePrice ?? false,
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params.resetNetBorrowLimit ?? false,
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params.reduceOnly,
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params.name,
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params.forceClose,
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params.tokenConditionalSwapTakerFeeRate,
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params.tokenConditionalSwapMakerFeeRate,
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params.flashLoanSwapFeeRate,
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params.interestCurveScaling,
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params.interestTargetUtilization,
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params.maintWeightShiftStart,
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params.maintWeightShiftEnd,
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params.maintWeightShiftAssetTarget,
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params.maintWeightShiftLiabTarget,
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params.maintWeightShiftAbort ?? false,
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false, // setFallbackOracle, unused
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params.depositLimit,
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params.zeroUtilRate,
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params.platformLiquidationFee,
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params.disableAssetLiquidation,
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params.collateralFeePerDay,
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params.forceWithdraw,
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)
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.accounts({
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group: group.publicKey,
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oracle: bank.oracle,
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admin: group.admin,
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mintInfo: group.mintInfosMapByTokenIndex.get(bank.tokenIndex)
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?.publicKey,
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fallbackOracle: PublicKey.default,
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})
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.remainingAccounts([
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{
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pubkey: bank.publicKey,
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isWritable: true,
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isSigner: false,
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} as AccountMeta,
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])
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.instruction();
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|
||||
const tx = new Transaction({ feePayer: wallet.publicKey }).add(ix);
|
||||
const simulated = await client.connection.simulateTransaction(tx);
|
||||
|
||||
if (simulated.value.err) {
|
||||
console.log('error', simulated.value.logs);
|
||||
throw simulated.value.logs;
|
||||
}
|
||||
|
||||
if (change) {
|
||||
instructions.push(ix);
|
||||
}
|
||||
} catch (error) {
|
||||
console.log(`....Skipping ${bank.name}, ${error}`);
|
||||
|
|
@ -464,7 +474,7 @@ async function updateTokenParams(): Promise<void> {
|
|||
tokenOwnerRecord,
|
||||
PROPOSAL_TITLE
|
||||
? PROPOSAL_TITLE
|
||||
: 'Update liquidation and platform liquidation fee in mango-v4',
|
||||
: 'Disable asset liquidation for C tier tokens in mango-v4',
|
||||
PROPOSAL_LINK ?? '',
|
||||
Object.values(proposals).length,
|
||||
instructions,
|
||||
|
|
|
|||
Loading…
Reference in New Issue