voter-stake-registry/programs/voter-stake-registry/src/account.rs

1036 lines
33 KiB
Rust
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2021-10-19 15:51:13 -07:00
use crate::error::*;
use anchor_lang::__private::bytemuck::Zeroable;
use anchor_lang::prelude::*;
use anchor_spl::vote_weight_record;
use std::convert::TryFrom;
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// Generate a VoteWeightRecord Anchor wrapper, owned by the current program.
// VoteWeightRecords are unique in that they are defined by the SPL governance
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// program, but they are actually owned by this program.
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vote_weight_record!(crate::ID);
/// Seconds in one day.
#[cfg(feature = "localnet")]
pub const SECS_PER_DAY: i64 = 10;
#[cfg(not(feature = "localnet"))]
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pub const SECS_PER_DAY: i64 = 86_400;
/// Seconds in one month.
#[cfg(feature = "localnet")]
pub const SECS_PER_MONTH: i64 = 10;
#[cfg(not(feature = "localnet"))]
pub const SECS_PER_MONTH: i64 = 365 * SECS_PER_DAY / 12;
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/// Maximum number of days one can lock for.
pub const MAX_DAYS_LOCKED: u64 = 7 * 365;
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/// Maximum number of months one can lock for.
pub const MAX_MONTHS_LOCKED: u64 = 7 * 12;
/// Vote weight is amount * FIXED_VOTE_WEIGHT_FACTOR +
/// LOCKING_VOTE_WEIGHT_FACTOR * amount * time / max time
pub const FIXED_VOTE_WEIGHT_FACTOR: u64 = 1;
pub const LOCKING_VOTE_WEIGHT_FACTOR: u64 = 0;
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/// Instance of a voting rights distributor.
#[account]
#[derive(Default)]
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pub struct Registrar {
pub governance_program_id: Pubkey,
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pub realm: Pubkey,
pub realm_governing_token_mint: Pubkey,
pub realm_authority: Pubkey,
pub clawback_authority: Pubkey,
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pub bump: u8,
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// The length should be adjusted for one's use case.
pub rates: [ExchangeRateEntry; 2],
/// The decimals to use when converting deposits into a common currency.
///
/// This must be larger or equal to the max of decimals over all accepted
/// token mints.
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pub vote_weight_decimals: u8,
/// Debug only: time offset, to allow tests to move forward in time.
pub time_offset: i64,
}
#[macro_export]
macro_rules! registrar_seeds {
( $registrar:expr ) => {
&[
$registrar.realm.as_ref(),
b"registrar".as_ref(),
$registrar.realm_governing_token_mint.as_ref(),
&[$registrar.bump],
]
};
}
impl Registrar {
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pub fn new_rate(
&self,
mint: Pubkey,
mint_decimals: u8,
rate: u64,
) -> Result<ExchangeRateEntry> {
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require!(self.vote_weight_decimals >= mint_decimals, InvalidDecimals);
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let decimal_diff = self
.vote_weight_decimals
.checked_sub(mint_decimals)
.unwrap();
Ok(ExchangeRateEntry {
mint,
rate,
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mint_decimals,
conversion_factor: rate.checked_mul(10u64.pow(decimal_diff.into())).unwrap(),
})
}
pub fn clock_unix_timestamp(&self) -> i64 {
Clock::get().unwrap().unix_timestamp + self.time_offset
}
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}
/// User account for minting voting rights.
#[account(zero_copy)]
pub struct Voter {
pub voter_authority: Pubkey,
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pub registrar: Pubkey,
pub voter_bump: u8,
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pub voter_weight_record_bump: u8,
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pub deposits: [DepositEntry; 32],
/// The most recent slot a deposit was made in.
///
/// Would like to use solana_program::clock::Slot here, but Anchor's IDL
/// does not know the type.
pub last_deposit_slot: u64,
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}
impl Voter {
pub fn weight(&self, registrar: &Registrar) -> Result<u64> {
let curr_ts = registrar.clock_unix_timestamp();
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self.deposits
.iter()
.filter(|d| d.is_used)
.try_fold(0, |sum, d| {
d.voting_power(&registrar.rates[d.rate_idx as usize], curr_ts)
.map(|vp| sum + vp)
})
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}
}
/// Exchange rate for an asset that can be used to mint voting rights.
#[zero_copy]
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#[derive(AnchorSerialize, AnchorDeserialize, Default)]
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pub struct ExchangeRateEntry {
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/// Mint for this entry.
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pub mint: Pubkey,
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/// Mint decimals.
pub mint_decimals: u8,
/// Exchange rate for 1.0 decimal-respecting unit of mint currency
/// into the common vote currency.
///
/// Example: If rate=2, then 1.000 of mint currency has a vote weight
/// of 2.000000 in common vote currency. In the example mint decimals
/// was 3 and common_decimals was 6.
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pub rate: u64,
/// Factor for converting mint native currency to common vote currency,
/// including decimal handling.
///
/// Examples:
/// - if common and mint have the same number of decimals, this is the same as 'rate'
/// - common decimals = 6, mint decimals = 3, rate = 5 -> 500
pub conversion_factor: u64,
}
impl ExchangeRateEntry {
/// Converts an amount in this ExchangeRateEntry's mint's native currency
/// to the equivalent common registrar vote currency amount.
pub fn convert(&self, amount_native: u64) -> u64 {
amount_native.checked_mul(self.conversion_factor).unwrap()
}
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}
unsafe impl Zeroable for ExchangeRateEntry {}
/// Bookkeeping for a single deposit for a given mint and lockup schedule.
#[zero_copy]
pub struct DepositEntry {
// True if the deposit entry is being used.
pub is_used: bool,
// Points to the ExchangeRate this deposit uses.
pub rate_idx: u8,
/// Amount in deposited, in native currency. Withdraws of vested tokens
/// directly reduce this amount.
///
/// This directly tracks the total amount added by the user. They may
/// never withdraw more than this amount.
pub amount_deposited_native: u64,
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/// Amount in locked when the lockup began, in native currency.
///
/// Note that this is not adjusted for withdraws. It is possible for this
/// value to be bigger than amount_deposited_native after some vesting
/// and withdrawals.
///
/// This value is needed to compute the amount that vests each peroid,
/// which should not change due to withdraws.
pub amount_initially_locked_native: u64,
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pub allow_clawback: bool,
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// Locked state.
pub lockup: Lockup,
}
impl DepositEntry {
/// # Voting Power Caclulation
///
/// Returns the voting power for the deposit, giving locked tokens boosted
/// voting power that scales linearly with the lockup time.
///
/// For each cliff-locked token, the vote weight is:
///
/// ```
/// voting_power = amount * (fixed_factor + locking_factor * time_factor)
/// ```
///
/// with
/// fixed_factor = FIXED_VOTE_WEIGHT_FACTOR
/// locking_factor = LOCKING_VOTE_WEIGHT_FACTOR
/// time_factor = lockup_time_remaining / max_lockup_time
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///
/// Linear vesting schedules can be thought of as a sequence of cliff-
/// locked tokens and have the matching voting weight.
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///
/// To achieve this with the SPL governance program--which requires a "max
/// vote weight"--we attach what amounts to a scalar multiplier between 0
/// and 1 to normalize voting power. This multiplier is a function of
/// the lockup schedule. Here we will describe two, a one time
/// cliff and a linear vesting schedule unlocking daily.
///
/// ## Cliff Lockup
///
/// The cliff lockup allows one to lockup their tokens for a set period
/// of time, unlocking all at once on a given date.
///
/// The calculation for this is straightforward and is detailed above.
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///
/// ### Decay
///
/// As time passes, the voting power decays until it's back to just
/// fixed_factor when the cliff has passed. This is important because at
/// each point in time the lockup should be equivalent to a new lockup
/// made for the remaining time period.
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///
/// ## Daily Vesting Lockup
///
/// Daily vesting can be calculated with simple series sum.
///
/// For the sake of example, suppose we locked up 10 tokens for two days,
/// vesting linearly once a day. In other words, we have 5 tokens locked for
/// 1 day and 5 tokens locked for two days.
///
/// Visually, we can see this in a two year timeline
///
/// 0 5 10 amount unlocked
/// | ---- | ---- |
/// 0 1 2 days
///
/// Then, to calculate the voting power at any time in the first day, we
/// have (for a max_lockup_time of 2555 days)
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///
/// ```
/// voting_power =
/// 5 * (fixed_factor + locking_factor * 1/2555)
/// + 5 * (fixed_factor + locking_factor * 2/2555)
/// = 10 * fixed_factor
/// + 5 * locking_factor * (1 + 2)/2555
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/// ```
///
/// Since 7 years is the maximum lock, and 1 day is the minimum, we have
/// a time_factor of 1/2555 for a one day lock, 2/2555 for a two day lock,
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/// 2555/2555 for a 7 year lock, and 0 for no lock.
///
/// Let's now generalize this to a daily vesting schedule over N days.
/// Let "amount" be the total amount for vesting. Then the total voting
/// power to start is
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///
/// ```
/// voting_power =
/// = amount * fixed_factor
/// + amount/N * locking_factor * (1 + 2 + ... + N)/2555
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/// ```
///
/// ### Decay
///
/// With every vesting one of the summands in the time term disappears
/// and the remaining locking time for others decreases. That means after
/// m days, the remaining voting power is
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///
/// ```
/// voting_power =
/// = amount * fixed_factor
/// + amount/N * locking_factor * (1 + 2 + ... + (N - m))/2555
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/// ```
///
/// Example: After N-1 days, only a 1/Nth fraction of the initial amount
/// is still locked up and the rest has vested. And that amount has
/// a time factor of 1/2555.
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///
/// The computation below uses 1 + 2 + ... + n = n * (n + 1) / 2.
pub fn voting_power(&self, rate: &ExchangeRateEntry, curr_ts: i64) -> Result<u64> {
let fixed_contribution = rate
.convert(self.amount_deposited_native)
.checked_mul(FIXED_VOTE_WEIGHT_FACTOR)
.unwrap();
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if LOCKING_VOTE_WEIGHT_FACTOR == 0 {
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return Ok(fixed_contribution);
}
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let max_locked_contribution = rate.convert(self.amount_initially_locked_native);
Ok(fixed_contribution
+ self
.voting_power_locked(curr_ts, max_locked_contribution)?
.checked_mul(LOCKING_VOTE_WEIGHT_FACTOR)
.unwrap())
}
/// Vote contribution from locked funds only, not scaled by
/// LOCKING_VOTE_WEIGHT_FACTOR yet.
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fn voting_power_locked(&self, curr_ts: i64, max_contribution: u64) -> Result<u64> {
if curr_ts < self.lockup.start_ts || curr_ts >= self.lockup.end_ts {
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return Ok(0);
}
match self.lockup.kind {
LockupKind::None => Ok(0),
LockupKind::Daily => self.voting_power_linear_vesting(curr_ts, max_contribution),
LockupKind::Monthly => self.voting_power_linear_vesting(curr_ts, max_contribution),
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LockupKind::Cliff => self.voting_power_cliff(curr_ts, max_contribution),
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}
}
fn voting_power_linear_vesting(&self, curr_ts: i64, max_contribution: u64) -> Result<u64> {
let max_periods = self.lockup.kind.max_periods();
let periods_left = self.lockup.periods_left(curr_ts)?;
let periods_total = self.lockup.periods_total()?;
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if periods_left == 0 {
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return Ok(0);
}
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// TODO: Switch the decay interval to be seconds, not days. That means each
// of the period cliff-locked deposits here will decay in vote power over the
// period. That complicates the computaton here, but makes it easier to do
// the right thing if the period_secs() aren't a multiple of a day.
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//
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// This computes
// amount / periods_total * (1 + 2 + ... + periods_left) / max_periods
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// See the comment on voting_power().
let decayed_vote_weight = max_contribution
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.checked_mul(
// Ok to divide by two here because, if n is zero, then the
// voting power is zero. And if n is one or above, then the
// numerator is 2 or above.
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periods_left
.checked_mul(periods_left.checked_add(1).unwrap())
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.unwrap()
.checked_div(2)
.unwrap(),
)
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.unwrap()
.checked_div(max_periods.checked_mul(periods_total).unwrap())
.unwrap();
Ok(decayed_vote_weight)
}
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fn voting_power_cliff(&self, curr_ts: i64, max_contribution: u64) -> Result<u64> {
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// TODO: Decay by the second, not by the day.
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let decayed_voting_weight = self
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.lockup
.periods_left(curr_ts)?
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.checked_mul(max_contribution)
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.unwrap()
.checked_div(self.lockup.kind.max_periods())
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.unwrap();
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Ok(decayed_voting_weight)
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}
/// Returns the amount of unlocked tokens for this deposit--in native units
/// of the original token amount (not scaled by the exchange rate).
pub fn vested(&self, curr_ts: i64) -> Result<u64> {
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if curr_ts < self.lockup.start_ts {
return Ok(0);
}
if curr_ts >= self.lockup.end_ts {
return Ok(self.amount_initially_locked_native);
}
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match self.lockup.kind {
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LockupKind::None => Ok(self.amount_initially_locked_native),
LockupKind::Daily => self.vested_linearly(curr_ts),
LockupKind::Monthly => self.vested_linearly(curr_ts),
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LockupKind::Cliff => Ok(0),
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}
}
fn vested_linearly(&self, curr_ts: i64) -> Result<u64> {
let period_current = self.lockup.period_current(curr_ts)?;
let periods_total = self.lockup.periods_total()?;
if period_current >= periods_total {
return Ok(self.amount_initially_locked_native);
}
let vested = self
.amount_initially_locked_native
.checked_mul(period_current)
.unwrap()
.checked_div(periods_total)
.unwrap();
Ok(vested)
}
/// Returns the amount that may be withdrawn given current vesting
/// and previous withdraws.
pub fn amount_withdrawable(&self, curr_ts: i64) -> u64 {
let still_locked = self
.amount_initially_locked_native
.checked_sub(self.vested(curr_ts).unwrap())
.unwrap();
self.amount_deposited_native
.checked_sub(still_locked)
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.unwrap()
}
}
#[zero_copy]
#[derive(AnchorSerialize, AnchorDeserialize)]
pub struct Lockup {
pub kind: LockupKind,
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// Start of the lockup.
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pub start_ts: i64,
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// End of the lockup.
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pub end_ts: i64,
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// Empty bytes for future upgrades.
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// TODO: what kinds of upgrades do we foresee?
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pub padding: [u8; 16],
}
impl Lockup {
/// Returns the number of periods left on the lockup.
pub fn periods_left(&self, curr_ts: i64) -> Result<u64> {
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Ok(self
.periods_total()?
.saturating_sub(self.period_current(curr_ts)?))
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}
/// Returns the current period in the vesting schedule.
pub fn period_current(&self, curr_ts: i64) -> Result<u64> {
let period_secs = self.kind.period_secs();
if period_secs == 0 {
return Ok(0);
}
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let d = u64::try_from({
let secs_elapsed = curr_ts.saturating_sub(self.start_ts);
secs_elapsed.checked_div(period_secs).unwrap()
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})
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.map_err(|_| ErrorCode::UnableToConvert)?;
Ok(d)
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}
/// Returns the total amount of periods in the lockup period.
pub fn periods_total(&self) -> Result<u64> {
let period_secs = self.kind.period_secs();
if period_secs == 0 {
return Ok(0);
}
// Number of seconds in the entire lockup.
let lockup_secs = self.end_ts.checked_sub(self.start_ts).unwrap();
require!(lockup_secs % period_secs == 0, InvalidLockupPeriod);
// Total periods in the entire lockup.
Ok(u64::try_from(lockup_secs.checked_div(period_secs).unwrap()).unwrap())
}
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}
#[repr(u8)]
#[derive(AnchorSerialize, AnchorDeserialize, Debug, Clone, Copy)]
pub enum LockupKind {
None,
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Daily,
Monthly,
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Cliff,
}
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impl LockupKind {
pub fn period_secs(&self) -> i64 {
match self {
LockupKind::None => 0,
LockupKind::Daily => SECS_PER_DAY,
LockupKind::Monthly => SECS_PER_MONTH,
LockupKind::Cliff => SECS_PER_DAY, // arbitrary choice
}
}
pub fn max_periods(&self) -> u64 {
match self {
LockupKind::None => 0,
LockupKind::Daily => MAX_DAYS_LOCKED,
LockupKind::Monthly => MAX_MONTHS_LOCKED,
LockupKind::Cliff => MAX_DAYS_LOCKED,
}
}
}
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#[cfg(test)]
mod tests {
use super::*;
#[test]
pub fn days_left_start() -> Result<()> {
run_test_days_left(TestDaysLeft {
expected_days_left: 10,
days_total: 10.0,
curr_day: 0.0,
})
}
#[test]
pub fn days_left_one_half() -> Result<()> {
run_test_days_left(TestDaysLeft {
expected_days_left: 10,
days_total: 10.0,
curr_day: 0.5,
})
}
#[test]
pub fn days_left_one() -> Result<()> {
run_test_days_left(TestDaysLeft {
expected_days_left: 9,
days_total: 10.0,
curr_day: 1.0,
})
}
#[test]
pub fn days_left_one_and_one_half() -> Result<()> {
run_test_days_left(TestDaysLeft {
expected_days_left: 9,
days_total: 10.0,
curr_day: 1.5,
})
}
#[test]
pub fn days_left_9() -> Result<()> {
run_test_days_left(TestDaysLeft {
expected_days_left: 1,
days_total: 10.0,
curr_day: 9.0,
})
}
#[test]
pub fn days_left_9_dot_one() -> Result<()> {
run_test_days_left(TestDaysLeft {
expected_days_left: 1,
days_total: 10.0,
curr_day: 9.1,
})
}
#[test]
pub fn days_left_9_dot_nine() -> Result<()> {
run_test_days_left(TestDaysLeft {
expected_days_left: 1,
days_total: 10.0,
curr_day: 9.9,
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})
}
#[test]
pub fn days_left_ten() -> Result<()> {
run_test_days_left(TestDaysLeft {
expected_days_left: 0,
days_total: 10.0,
curr_day: 10.0,
})
}
#[test]
pub fn days_left_eleven() -> Result<()> {
run_test_days_left(TestDaysLeft {
expected_days_left: 0,
days_total: 10.0,
curr_day: 11.0,
})
}
#[test]
pub fn months_left_start() -> Result<()> {
run_test_months_left(TestMonthsLeft {
expected_months_left: 10,
months_total: 10.0,
curr_month: 0.,
})
}
#[test]
pub fn months_left_one_half() -> Result<()> {
run_test_months_left(TestMonthsLeft {
expected_months_left: 10,
months_total: 10.0,
curr_month: 0.5,
})
}
#[test]
pub fn months_left_one_and_a_half() -> Result<()> {
run_test_months_left(TestMonthsLeft {
expected_months_left: 9,
months_total: 10.0,
curr_month: 1.5,
})
}
#[test]
pub fn months_left_ten() -> Result<()> {
run_test_months_left(TestMonthsLeft {
expected_months_left: 9,
months_total: 10.0,
curr_month: 1.5,
})
}
#[test]
pub fn months_left_eleven() -> Result<()> {
run_test_months_left(TestMonthsLeft {
expected_months_left: 0,
months_total: 10.0,
curr_month: 11.,
})
}
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#[test]
pub fn voting_power_cliff_warmup() -> Result<()> {
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// 10 tokens with 6 decimals.
let amount_deposited = 10 * 1_000_000;
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run_test_voting_power(TestVotingPower {
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expected_voting_power: 0, // 0 warmup.
amount_deposited,
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days_total: 10.0,
curr_day: -0.5,
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kind: LockupKind::Cliff,
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})
}
#[test]
pub fn voting_power_cliff_start() -> Result<()> {
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// 10 tokens with 6 decimals.
let amount_deposited = 10 * 1_000_000;
let expected_voting_power = (10 * amount_deposited) / MAX_DAYS_LOCKED;
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run_test_voting_power(TestVotingPower {
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expected_voting_power,
amount_deposited,
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days_total: 10.0,
curr_day: 0.5,
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kind: LockupKind::Cliff,
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})
}
#[test]
pub fn voting_power_cliff_one_third_day() -> Result<()> {
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// 10 tokens with 6 decimals.
let amount_deposited = 10 * 1_000_000;
let expected_voting_power = (10 * amount_deposited) / MAX_DAYS_LOCKED;
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run_test_voting_power(TestVotingPower {
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expected_voting_power,
amount_deposited,
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days_total: 10.0,
curr_day: 0.33,
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kind: LockupKind::Cliff,
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})
}
#[test]
pub fn voting_power_cliff_half_day() -> Result<()> {
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// 10 tokens with 6 decimals.
let amount_deposited = 10 * 1_000_000;
let expected_voting_power = (10 * amount_deposited) / MAX_DAYS_LOCKED;
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run_test_voting_power(TestVotingPower {
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expected_voting_power,
amount_deposited,
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days_total: 10.0,
curr_day: 0.5,
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kind: LockupKind::Cliff,
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})
}
#[test]
pub fn voting_power_cliff_two_thirds_day() -> Result<()> {
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// 10 tokens with 6 decimals.
let amount_deposited = 10 * 1_000_000;
let expected_voting_power = (10 * amount_deposited) / MAX_DAYS_LOCKED;
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run_test_voting_power(TestVotingPower {
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expected_voting_power,
amount_deposited,
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days_total: 10.0,
curr_day: 0.66,
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kind: LockupKind::Cliff,
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})
}
#[test]
pub fn voting_power_cliff_one_day() -> Result<()> {
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// 10 tokens with 6 decimals.
let amount_deposited = 10 * 1_000_000;
let expected_voting_power = (9 * amount_deposited) / MAX_DAYS_LOCKED;
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run_test_voting_power(TestVotingPower {
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expected_voting_power,
amount_deposited,
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days_total: 10.0,
curr_day: 1.0,
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kind: LockupKind::Cliff,
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})
}
#[test]
pub fn voting_power_cliff_one_day_one_third() -> Result<()> {
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// 10 tokens with 6 decimals.
let amount_deposited = 10 * 1_000_000;
let expected_voting_power = (9 * amount_deposited) / MAX_DAYS_LOCKED;
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run_test_voting_power(TestVotingPower {
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expected_voting_power,
amount_deposited,
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days_total: 10.0,
curr_day: 1.33,
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kind: LockupKind::Cliff,
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})
}
#[test]
pub fn voting_power_cliff_two_days() -> Result<()> {
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// 10 tokens with 6 decimals.
let amount_deposited = 10 * 1_000_000;
// (8/2555) * deposit w/ 6 decimals.
let expected_voting_power = (8 * amount_deposited) / MAX_DAYS_LOCKED;
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run_test_voting_power(TestVotingPower {
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expected_voting_power,
amount_deposited,
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days_total: 10.0,
curr_day: 2.0,
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kind: LockupKind::Cliff,
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})
}
#[test]
pub fn voting_power_cliff_nine_dot_nine_days() -> Result<()> {
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// 10 tokens with 6 decimals.
let amount_deposited = 10 * 1_000_000;
let expected_voting_power = amount_deposited / MAX_DAYS_LOCKED;
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run_test_voting_power(TestVotingPower {
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expected_voting_power,
amount_deposited,
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days_total: 10.0,
curr_day: 9.9,
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kind: LockupKind::Cliff,
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})
}
#[test]
pub fn voting_power_cliff_ten_days() -> Result<()> {
run_test_voting_power(TestVotingPower {
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expected_voting_power: 0, // (0/MAX_DAYS_LOCKED) * deposit w/ 6 decimals.
amount_deposited: 10 * 1_000_000,
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days_total: 10.0,
curr_day: 10.0,
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kind: LockupKind::Cliff,
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})
}
#[test]
pub fn voting_power_cliff_ten_dot_one_days() -> Result<()> {
run_test_voting_power(TestVotingPower {
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expected_voting_power: 0, // (0/MAX_DAYS_LOCKED) * deposit w/ 6 decimals.
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amount_deposited: 10 * 1_000_000, // 10 tokens with 6 decimals.
days_total: 10.0,
curr_day: 10.1,
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kind: LockupKind::Cliff,
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})
}
#[test]
pub fn voting_power_cliff_eleven_days() -> Result<()> {
run_test_voting_power(TestVotingPower {
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expected_voting_power: 0, // (0/MAX_DAYS_LOCKED) * deposit w/ 6 decimals.
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amount_deposited: 10 * 1_000_000, // 10 tokens with 6 decimals.
days_total: 10.0,
curr_day: 10.1,
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kind: LockupKind::Cliff,
})
}
#[test]
pub fn voting_power_daily_warmup() -> Result<()> {
run_test_voting_power(TestVotingPower {
expected_voting_power: 0, // (0/MAX_DAYS_LOCKED) * deposit w/ 6 decimals.
amount_deposited: 10 * 1_000_000, // 10 tokens with 6 decimals.
days_total: 10.0,
curr_day: -1.0,
kind: LockupKind::Daily,
})
}
#[test]
pub fn voting_power_daily_start() -> Result<()> {
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// 10 tokens with 6 decimals.
let amount_deposited = 10 * 1_000_000;
let expected_voting_power = locked_daily_power(amount_deposited, 0, 10);
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run_test_voting_power(TestVotingPower {
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expected_voting_power,
amount_deposited,
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days_total: 10.0,
curr_day: 0.0,
kind: LockupKind::Daily,
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})
}
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#[test]
pub fn voting_power_daily_one_half() -> Result<()> {
// 10 tokens with 6 decimals.
let amount_deposited = 10 * 1_000_000;
let expected_voting_power = locked_daily_power(amount_deposited, 0, 10);
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run_test_voting_power(TestVotingPower {
expected_voting_power,
amount_deposited,
days_total: 10.0,
curr_day: 0.5,
kind: LockupKind::Daily,
})
}
#[test]
pub fn voting_power_daily_one() -> Result<()> {
// 10 tokens with 6 decimals.
let amount_deposited = 10 * 1_000_000;
let expected_voting_power = locked_daily_power(amount_deposited, 1, 10);
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run_test_voting_power(TestVotingPower {
expected_voting_power,
amount_deposited,
days_total: 10.0,
curr_day: 1.0,
kind: LockupKind::Daily,
})
}
#[test]
pub fn voting_power_daily_one_and_one_third() -> Result<()> {
// 10 tokens with 6 decimals.
let amount_deposited = 10 * 1_000_000;
let expected_voting_power = locked_daily_power(amount_deposited, 1, 10);
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run_test_voting_power(TestVotingPower {
expected_voting_power,
amount_deposited,
days_total: 10.0,
curr_day: 1.3,
kind: LockupKind::Daily,
})
}
#[test]
pub fn voting_power_daily_two() -> Result<()> {
// 10 tokens with 6 decimals.
let amount_deposited = 10 * 1_000_000;
let expected_voting_power = locked_daily_power(amount_deposited, 2, 10);
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run_test_voting_power(TestVotingPower {
expected_voting_power,
amount_deposited,
days_total: 10.0,
curr_day: 2.0,
kind: LockupKind::Daily,
})
}
#[test]
pub fn voting_power_daily_nine() -> Result<()> {
// 10 tokens with 6 decimals.
let amount_deposited = 10 * 1_000_000;
let expected_voting_power = locked_daily_power(amount_deposited, 9, 10);
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run_test_voting_power(TestVotingPower {
expected_voting_power,
amount_deposited,
days_total: 10.0,
curr_day: 9.0,
kind: LockupKind::Daily,
})
}
#[test]
pub fn voting_power_daily_nine_dot_nine() -> Result<()> {
// 10 tokens with 6 decimals.
let amount_deposited = 10 * 1_000_000;
let expected_voting_power = locked_daily_power(amount_deposited, 9, 10);
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run_test_voting_power(TestVotingPower {
expected_voting_power,
amount_deposited,
days_total: 10.0,
curr_day: 9.9,
kind: LockupKind::Daily,
})
}
#[test]
pub fn voting_power_daily_ten() -> Result<()> {
// 10 tokens with 6 decimals.
let amount_deposited = 10 * 1_000_000;
let expected_voting_power = locked_daily_power(amount_deposited, 10, 10);
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run_test_voting_power(TestVotingPower {
expected_voting_power,
amount_deposited,
days_total: 10.0,
curr_day: 10.0,
kind: LockupKind::Daily,
})
}
#[test]
pub fn voting_power_daily_ten_dot_one() -> Result<()> {
// 10 tokens with 6 decimals.
let amount_deposited = 10 * 1_000_000;
let expected_voting_power = locked_daily_power(amount_deposited, 10, 10);
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run_test_voting_power(TestVotingPower {
expected_voting_power,
amount_deposited,
days_total: 10.0,
curr_day: 10.1,
kind: LockupKind::Daily,
})
}
#[test]
pub fn voting_power_daily_eleven() -> Result<()> {
// 10 tokens with 6 decimals.
let amount_deposited = 10 * 1_000_000;
let expected_voting_power = locked_daily_power(amount_deposited, 11, 10);
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run_test_voting_power(TestVotingPower {
expected_voting_power,
amount_deposited,
days_total: 10.0,
curr_day: 11.0,
kind: LockupKind::Daily,
})
}
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struct TestDaysLeft {
expected_days_left: u64,
days_total: f64,
curr_day: f64,
}
struct TestMonthsLeft {
expected_months_left: u64,
months_total: f64,
curr_month: f64,
}
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struct TestVotingPower {
amount_deposited: u64,
days_total: f64,
curr_day: f64,
expected_voting_power: u64,
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kind: LockupKind,
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}
fn run_test_days_left(t: TestDaysLeft) -> Result<()> {
let start_ts = 1634929833;
let end_ts = start_ts + days_to_secs(t.days_total);
let curr_ts = start_ts + days_to_secs(t.curr_day);
let l = Lockup {
kind: LockupKind::Cliff,
start_ts,
end_ts,
padding: [0u8; 16],
};
let days_left = l.periods_left(curr_ts)?;
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assert_eq!(days_left, t.expected_days_left);
Ok(())
}
fn run_test_months_left(t: TestMonthsLeft) -> Result<()> {
let start_ts = 1634929833;
let end_ts = start_ts + months_to_secs(t.months_total);
let curr_ts = start_ts + months_to_secs(t.curr_month);
let l = Lockup {
kind: LockupKind::Monthly,
start_ts,
end_ts,
padding: [0u8; 16],
};
let months_left = l.periods_left(curr_ts)?;
assert_eq!(months_left, t.expected_months_left);
Ok(())
}
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fn run_test_voting_power(t: TestVotingPower) -> Result<()> {
let start_ts = 1634929833;
let end_ts = start_ts + days_to_secs(t.days_total);
let d = DepositEntry {
is_used: true,
rate_idx: 0,
amount_deposited_native: t.amount_deposited,
amount_initially_locked_native: t.amount_deposited,
allow_clawback: false,
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lockup: Lockup {
start_ts,
end_ts,
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kind: t.kind,
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padding: [0u8; 16],
},
};
let curr_ts = start_ts + days_to_secs(t.curr_day);
let power = d.voting_power_locked(curr_ts, t.amount_deposited)?;
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assert_eq!(power, t.expected_voting_power);
Ok(())
}
fn days_to_secs(days: f64) -> i64 {
let d = (SECS_PER_DAY as f64) * days;
d.round() as i64
}
fn months_to_secs(months: f64) -> i64 {
let d = (SECS_PER_MONTH as f64) * months;
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d.round() as i64
}
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// Calculates locked voting power. Done iteratively as a sanity check on
// the closed form calcuation.
//
// deposit - the amount locked up
// day - the current day in the lockup period
// total_days - the number of days locked up
fn locked_daily_power(amount: u64, day: u64, total_days: u64) -> u64 {
if day >= total_days {
return 0;
}
let days_remaining = total_days - day;
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let mut total = 0f64;
for k in 1..=days_remaining {
// We have 'days_remaining' remaining cliff-locked deposits of
// amount / total_days each. Each of these deposits gets a scaling
// of k / MAX_DAYS_LOCKED.
total += (k as f64 * amount as f64) / (MAX_DAYS_LOCKED as f64 * total_days as f64)
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}
total.floor() as u64
}
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}