mango-v4/ts/client/scripts/liqtest/liqtest-make-tcs-candidates.ts

329 lines
8.6 KiB
TypeScript

import { AnchorProvider, BN, Wallet } from '@coral-xyz/anchor';
import * as splToken from '@solana/spl-token';
import { Cluster, Connection, Keypair, PublicKey } from '@solana/web3.js';
import fs from 'fs';
import { Bank } from '../../src/accounts/bank';
import {
MangoAccount,
TokenConditionalSwapDisplayPriceStyle,
TokenConditionalSwapIntention,
} from '../../src/accounts/mangoAccount';
import { PerpMarket } from '../../src/accounts/perp';
import { Builder } from '../../src/builder';
import { MangoClient } from '../../src/client';
import {
DefaultTokenRegisterParams,
NullPerpEditParams,
NullTokenEditParams,
} from '../../src/clientIxParamBuilder';
import { MANGO_V4_ID } from '../../src/constants';
//
// This script creates liquidation candidates
//
const GROUP_NUM = Number(process.env.GROUP_NUM || 200);
const CLUSTER = process.env.CLUSTER || 'mainnet-beta';
// native prices
const PRICES = {
ETH: 1200.0,
SOL: 0.015,
USDC: 1,
MNGO: 0.02,
};
const TOKEN_SCENARIOS: [string, [string, number][], [string, number][]][] = [
[
'TCS, FUNDING',
[
['USDC', 5000000],
['ETH', 100000],
['SOL', 150000000],
],
[],
],
['TCS, LIQOR', [['USDC', 1000000]], []],
['TCS, HEALTH', [['USDC', 1000]], []],
['TCS, FULL+CLOSE', [['USDC', 1000000]], []],
['TCS, EXPIRE', [['USDC', 1000000]], []],
['TCS, NET-BORROW', [['USDC', 10000000]], []],
];
async function main() {
const options = AnchorProvider.defaultOptions();
options.commitment = 'processed';
options.preflightCommitment = 'finalized';
const connection = new Connection(process.env.CLUSTER_URL!, options);
const admin = Keypair.fromSecretKey(
Buffer.from(
JSON.parse(fs.readFileSync(process.env.PAYER_KEYPAIR!, 'utf-8')),
),
);
const userWallet = new Wallet(admin);
const userProvider = new AnchorProvider(connection, userWallet, options);
const client = await MangoClient.connect(
userProvider,
CLUSTER as Cluster,
MANGO_V4_ID[CLUSTER],
{
idsSource: 'get-program-accounts',
prioritizationFee: 100,
txConfirmationCommitment: 'confirmed',
},
);
console.log(`User ${userWallet.publicKey.toBase58()}`);
// fetch group
const group = await client.getGroupForCreator(admin.publicKey, GROUP_NUM);
console.log(group.toString());
const MINTS = new Map([
['USDC', group.banksMapByName.get('USDC')![0].mint],
['ETH', group.banksMapByName.get('ETH')![0].mint],
['SOL', group.banksMapByName.get('SOL')![0].mint],
]);
const accounts = await client.getMangoAccountsForOwner(
group,
admin.publicKey,
);
let maxAccountNum = Math.max(0, ...accounts.map((a) => a.accountNum));
async function createMangoAccount(name: string): Promise<MangoAccount> {
const accountNum = maxAccountNum + 1;
maxAccountNum = maxAccountNum + 1;
await client.createMangoAccount(group, accountNum, name, 4, 4, 4, 4);
const account = (await client.getMangoAccountForOwner(
group,
admin.publicKey,
accountNum,
))!;
await client.accountExpandV2(group, account, 4, 4, 4, 4, 50);
await account.reload(client);
return account;
}
async function setBankPrice(bank: Bank, price: number): Promise<void> {
await client.stubOracleSet(group, bank.oracle, price);
// reset stable price
await client.tokenEdit(
group,
bank.mint,
Builder(NullTokenEditParams).resetStablePrice(true).build(),
);
}
async function setPerpPrice(
perpMarket: PerpMarket,
price: number,
): Promise<void> {
await client.stubOracleSet(group, perpMarket.oracle, price);
// reset stable price
await client.perpEditMarket(
group,
perpMarket.perpMarketIndex,
Builder(NullPerpEditParams).resetStablePrice(true).build(),
);
}
for (const scenario of TOKEN_SCENARIOS) {
const [name, assets, liabs] = scenario;
// create account
console.log(`Creating mangoaccount...`);
const mangoAccount = await createMangoAccount(name);
console.log(
`...created mangoAccount ${mangoAccount.publicKey} for ${name}`,
);
for (const [assetName, assetAmount] of assets) {
const assetMint = new PublicKey(MINTS.get(assetName)!);
await client.tokenDepositNative(
group,
mangoAccount,
assetMint,
new BN(assetAmount),
);
await mangoAccount.reload(client);
}
for (const [liabName, liabAmount] of liabs) {
const liabMint = new PublicKey(MINTS.get(liabName)!);
// temporarily drop the borrowed token value, so the borrow goes through
const bank = group.banksMapByName.get(liabName)![0];
try {
await setBankPrice(bank, PRICES[liabName] / 2);
await client.tokenWithdrawNative(
group,
mangoAccount,
liabMint,
new BN(liabAmount),
true,
);
} finally {
// restore the oracle
await setBankPrice(bank, PRICES[liabName]);
}
}
}
const accounts2 = await client.getMangoAccountsForOwner(
group,
admin.publicKey,
);
// Case LIQEE1: The liqee does not have enough health for the tcs
{
const account = ensure(
accounts2.find((account) => account.name == 'TCS, HEALTH'),
);
await client.tokenConditionalSwapCreateRaw(
group,
account,
MINTS.get('SOL')!,
MINTS.get('USDC')!,
new BN(100000000),
new BN(20000), // liqee only has 1k USDC-native, leverage does not go that far!
null,
0.0,
1000000.0,
0.01,
true,
true,
TokenConditionalSwapDisplayPriceStyle.buyTokenPerSellToken,
TokenConditionalSwapIntention.unknown,
);
}
// Case LIQEE2: Full execution - tcs closes afterward
{
const account = ensure(
accounts2.find((account) => account.name == 'TCS, FULL+CLOSE'),
);
await client.tokenConditionalSwapCreateRaw(
group,
account,
MINTS.get('SOL')!,
MINTS.get('USDC')!,
new BN(1000),
new BN(1000),
null,
0.0,
1000000.0,
0.01,
true,
true,
TokenConditionalSwapDisplayPriceStyle.buyTokenPerSellToken,
TokenConditionalSwapIntention.unknown,
);
}
// Case LIQEE3: Create a tcs that will expire very soon
{
const account = ensure(
accounts2.find((account) => account.name == 'TCS, EXPIRE'),
);
await client.tokenConditionalSwapCreateRaw(
group,
account,
MINTS.get('SOL')!,
MINTS.get('USDC')!,
new BN(1000),
new BN(1000),
Date.now() / 1000 + 15, // expire in 15s
0.0,
1000000.0,
0.01,
true,
true,
TokenConditionalSwapDisplayPriceStyle.buyTokenPerSellToken,
TokenConditionalSwapIntention.unknown,
);
}
// Case LIQEE4: Create a tcs that hits net borrow limits
{
const account = ensure(
accounts2.find((account) => account.name == 'TCS, NET-BORROW'),
);
// To do this, first make a new mint and register it as a new token with tight net borrow limits
const newMint = await splToken.createMint(
connection,
admin,
admin.publicKey,
null,
6,
);
const tokenAccount = await splToken.createAssociatedTokenAccountIdempotent(
connection,
admin,
newMint,
admin.publicKey,
);
await splToken.mintTo(
connection,
admin,
newMint,
tokenAccount,
admin,
1e15,
);
await client.stubOracleCreate(group, newMint, 1.0);
const newOracle = (await client.getStubOracle(group, newMint))[0];
const newTokenIndex = Math.max(...group.banksMapByTokenIndex.keys()) + 1;
await client.tokenRegister(
group,
newMint,
newOracle.publicKey,
PublicKey.default,
newTokenIndex,
'TMP',
{
...DefaultTokenRegisterParams,
loanOriginationFeeRate: 0,
loanFeeRate: 0,
initAssetWeight: 1,
maintAssetWeight: 1,
initLiabWeight: 1,
maintLiabWeight: 1,
liquidationFee: 0,
netBorrowLimitPerWindowQuote: 1500000, // less than the $2 of the tcs
},
);
await group.reloadAll(client);
await client.tokenConditionalSwapCreateRaw(
group,
account,
newMint,
MINTS.get('USDC')!,
new BN(2000000), // $2
new BN(2000000),
null,
0.0,
1000000.0,
0.01,
true,
true,
TokenConditionalSwapDisplayPriceStyle.buyTokenPerSellToken,
TokenConditionalSwapIntention.unknown,
);
}
process.exit();
}
function ensure<T>(value: T | undefined): T {
if (value == null) {
throw new Error('Value was nullish');
}
return value;
}
main();