mango-explorer/mango/liquidatablereport.py

84 lines
3.3 KiB
Python

# # ⚠ Warning
#
# THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT
# LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN
# NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY,
# WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE
# SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
#
# [🥭 Mango Markets](https://mango.markets/) support is available at:
# [Docs](https://docs.mango.markets/)
# [Discord](https://discord.gg/67jySBhxrg)
# [Twitter](https://twitter.com/mangomarkets)
# [Github](https://github.com/blockworks-foundation)
# [Email](mailto:hello@blockworks.foundation)
import enum
import logging
import typing
from decimal import Decimal
from .balancesheet import BalanceSheet
from .group import Group
from .marginaccount import MarginAccount
from .tokenvalue import TokenValue
# # 🥭 LiquidatableState flag enum
#
# A margin account may have a combination of these flag values.
#
class LiquidatableState(enum.Flag):
UNSET = 0
RIPE = enum.auto()
BEING_LIQUIDATED = enum.auto()
LIQUIDATABLE = enum.auto()
ABOVE_WATER = enum.auto()
WORTHWHILE = enum.auto()
# # 🥭 LiquidatableReport class
#
class LiquidatableReport:
def __init__(self, group: Group, prices: typing.List[TokenValue], margin_account: MarginAccount, balance_sheet: BalanceSheet, balances: typing.List[TokenValue], state: LiquidatableState, worthwhile_threshold: Decimal):
self.logger: logging.Logger = logging.getLogger(self.__class__.__name__)
self.group: Group = group
self.prices: typing.List[TokenValue] = prices
self.margin_account: MarginAccount = margin_account
self.balance_sheet: BalanceSheet = balance_sheet
self.balances: typing.List[TokenValue] = balances
self.state: LiquidatableState = state
self.worthwhile_threshold: Decimal = worthwhile_threshold
@staticmethod
def build(group: Group, prices: typing.List[TokenValue], margin_account: MarginAccount, worthwhile_threshold: Decimal) -> "LiquidatableReport":
balance_sheet = margin_account.get_balance_sheet_totals(group, prices)
balances = margin_account.get_intrinsic_balances(group)
state = LiquidatableState.UNSET
if balance_sheet.collateral_ratio != Decimal(0):
if balance_sheet.collateral_ratio <= group.init_coll_ratio:
state |= LiquidatableState.RIPE
if balance_sheet.collateral_ratio <= group.maint_coll_ratio:
state |= LiquidatableState.LIQUIDATABLE
if balance_sheet.collateral_ratio > Decimal(1):
state |= LiquidatableState.ABOVE_WATER
if balance_sheet.assets - balance_sheet.liabilities > worthwhile_threshold:
state |= LiquidatableState.WORTHWHILE
# If a liquidation is ongoing, their account may be above the `maint_coll_ratio` but still
# be liquidatable until it reaches `init_coll_ratio`.
if margin_account.being_liquidated:
state |= LiquidatableState.BEING_LIQUIDATED
state |= LiquidatableState.LIQUIDATABLE
return LiquidatableReport(group, prices, margin_account, balance_sheet, balances, state, worthwhile_threshold)