[
"autonomous agent",
{
"doc_url": "https://oswap.io/pool-v2.json",
"getters": "{
$pool_lib_aa = 'DRLJ4RJENH3RVEOWZVIVXPUMVWXGU3XS';
$pool_lib_by_price_aa = 'LECIX27TRZQLMKG5H347ZTMR4GN5OJZD';
$get_param = ($name, $default) => {
$value = var[$name];
exists($value) ? $value : (exists(params[$name]) ? params[$name] : $default)
};
$get_swap_fee = () => $get_param('swap_fee', 0.003); // 0.3%
$get_exit_fee = () => $get_param('exit_fee', 0.005); // 0.5%
$get_arb_profit_tax = () => $get_param('arb_profit_tax', 0);
$get_leverage_profit_tax = () => $get_param('leverage_profit_tax', 0);
$get_leverage_token_tax = () => $get_param('leverage_token_tax', 0);
$get_mid_price = () => $get_param('mid_price', 0);
$get_price_deviation = () => $get_param('price_deviation', 0); // gamma
$get_base_interest_rate = () => $get_param('base_interest_rate', 0.2); // 20%
$get_pool_leverage = () => $get_param('pool_leverage', 1); // Lambda
$get_alpha = () => $get_param('alpha', 0.5); // weight of x token
$get_period_length = () => $get_param('period_length', 3600); // min and max prices are tracked during the period to prevent manipulation
// $get_linear_shares = ($issued_shares) => $issued_shares;
// $get_issued_shares = ($linear_shares) => $linear_shares;
// linear bonding curve is the default
$get_bonding_curve = () => params.shares_bonding_curve OTHERWISE 'IXBHF6T4IKMYAFGRM54F5FVMXGKCTFNT';
$get_linear_shares = ($issued_shares) => $get_bonding_curve()#2.$get_linear_shares($issued_shares);
$get_issued_shares = ($linear_shares) => $get_bonding_curve()#2.$get_issued_shares($linear_shares);
$get_shifts_and_bounds = () => {
$mid_price = $get_mid_price(); // price of x_asset in terms of y_asset
if ($mid_price){
$alpha = $get_alpha();
$beta = 1 - $alpha;
$gamma = $get_price_deviation();
$lp_shares = var['lp_shares'];
$s = $lp_shares.linear;
$s_curve = $s * $lp_shares.coef;
$x0 = $s_curve / $mid_price^$beta / $gamma;
$y0 = $x0 * $mid_price;
$p_max = $alpha/$beta * $gamma^(1/$beta) * $mid_price;
$p_min = $alpha/$beta / $gamma^(1/$alpha) * $mid_price;
}
else{
$x0 = 0;
$y0 = 0;
}
{x0: $x0, y0: $y0, p_max: $p_max, p_min: $p_min}
};
$get_utilization_ratio = () => {
$alpha = $get_alpha();
$shifts = $get_shifts_and_bounds();
$balances = var['balances'] OTHERWISE {xn:0, yn:0, x:0, y:0};
$l_balances = var['leveraged_balances'] OTHERWISE {};
$pool_lib_aa.$get_utilization_ratio($balances, $l_balances, $shifts.x0, $shifts.y0, $alpha)
};
$get_interest_rate = () => {
$get_base_interest_rate() / (1 - $get_utilization_ratio())
};
$get_balances_after_interest = () => {
$alpha = $get_alpha();
$Lambda = $get_pool_leverage();
$shifts = $get_shifts_and_bounds();
$balances = var['balances'] OTHERWISE {xn:0, yn:0, x:0, y:0};
$l_balances = var['leveraged_balances'] OTHERWISE {};
$profits = var['profits'] OTHERWISE {x:0, y:0};
$recent = var['recent'] OTHERWISE {};
$i = $get_interest_rate();
$pool_lib = $pool_lib_aa || '';
$pool_lib#1.$charge_interest($balances, $l_balances, $profits, $shifts.x0, $shifts.y0, $recent.last_ts, $i, $alpha, $Lambda);
{
balances: $balances,
leveraged_balances: $l_balances,
profits: $profits,
}
};
$get_price = ($asset, $base_decimals, $quote_decimals, $bAfterInterest) => {
if ($asset == 'x' OR $asset == params.x_asset)
$asset_label = 'x';
else if ($asset == 'y' OR $asset == params.y_asset)
$asset_label = 'y';
else
bounce("unknown asset "||$asset);
$mul = 10^(-$quote_decimals + $base_decimals);
$alpha = $get_alpha();
$beta = 1 - $alpha;
$balances = var['balances'] OTHERWISE {xn:0, yn:0, x:0, y:0};
$shifts = $get_shifts_and_bounds();
if ($bAfterInterest){
$l_balances = var['leveraged_balances'] OTHERWISE {};
$recent = var['recent'] OTHERWISE {};
$i = $get_interest_rate();
$Lambda = $get_pool_leverage();
$pool_lib = $pool_lib_aa || '';
$pool_lib#1.$charge_interest($balances, $l_balances, {}, $shifts.x0, $shifts.y0, $recent.last_ts, $i, $alpha, $Lambda);
}
($asset_label == 'x')
? $alpha/$beta * ($balances.y + $shifts.y0) / ($balances.x + $shifts.x0) * $mul
: $beta/$alpha * ($balances.x + $shifts.x0) / ($balances.y + $shifts.y0) * $mul
};
$get_swap_amounts_by_final_price = ($in_asset, $target_price_of_output_asset, $in_decimals, $out_decimals, $address) => {
if ($in_asset == 'x' OR $in_asset == params.x_asset)
$y_in = false;
else if ($in_asset == 'y' OR $in_asset == params.y_asset)
$y_in = true;
else
bounce("unknown in_asset "||$in_asset);
// value_in_pennies = mul * value_in_display_units
$in_mul = 10^(+$in_decimals);
$out_mul = 10^(+$out_decimals);
$price_mul = $in_mul/$out_mul;
$final_price = $target_price_of_output_asset * $price_mul; // in pennies
$alpha = $get_alpha();
$beta = 1 - $alpha;
$pool_props = {
alpha: $alpha,
beta: $beta,
Lambda: $get_pool_leverage(),
swap_fee: $get_swap_fee(),
arb_profit_tax: $get_arb_profit_tax(),
period_length: $get_period_length(),
};
$shifts = $get_shifts_and_bounds();
$balances = var['balances'] OTHERWISE {xn:0, yn:0, x:0, y:0};
$l_balances = var['leveraged_balances'] OTHERWISE {};
$profits = var['profits'] OTHERWISE {x:0, y:0};
$recent = var['recent'] OTHERWISE {};
$i = $get_interest_rate();
$pool_lib = $pool_lib_aa || '';
$pool_lib#1.$charge_interest($balances, $l_balances, $profits, $shifts.x0, $shifts.y0, $recent.last_ts, $i, $alpha, $pool_props.Lambda);
$pool_lib_by_price = $pool_lib_by_price_aa || '';
$res = $pool_lib_by_price#6.$swap($balances, $l_balances, $profits, $recent, $shifts.x0, $shifts.y0, $y_in, 0, $final_price, -1, 0, $address OTHERWISE 'ADDRESS', $pool_props);
{
in: $res.amount_Y/$in_mul,
out: $res.net_amount_X/$out_mul,
arb_profit_tax: $res.arb_profit_tax/$out_mul, // arb tax
swap_fee: $res.swap_fee/$out_mul, // trading fee
fees: {
in: $res.fees.Y/$in_mul, // rounding fee
out: $res.fees.X/$out_mul, // trading fee + arb tax + rounding fee
},
balances: $balances,
leveraged_balances: $l_balances,
recent: $recent,
initial_price: $res.initial_price/$price_mul,
}
};
$get_swap_amounts_by_delta_net_balance = ($in_asset, $in_asset_delta_net_balance, $in_decimals, $out_decimals, $address) => {
if ($in_asset == 'x' OR $in_asset == params.x_asset)
$y_in = false;
else if ($in_asset == 'y' OR $in_asset == params.y_asset)
$y_in = true;
else
bounce("unknown in_asset "||$in_asset);
// value_in_pennies = mul * value_in_display_units
$in_mul = 10^(+$in_decimals);
$out_mul = 10^(+$out_decimals);
$price_mul = $in_mul/$out_mul;
$delta_Yn = $in_asset_delta_net_balance * $in_mul; // in pennies
$alpha = $get_alpha();
$beta = 1 - $alpha;
$pool_props = {
alpha: $alpha,
beta: $beta,
Lambda: $get_pool_leverage(),
swap_fee: $get_swap_fee(),
arb_profit_tax: $get_arb_profit_tax(),
period_length: $get_period_length(),
};
$shifts = $get_shifts_and_bounds();
$balances = var['balances'] OTHERWISE {xn:0, yn:0, x:0, y:0};
$l_balances = var['leveraged_balances'] OTHERWISE {};
$profits = var['profits'] OTHERWISE {x:0, y:0};
$recent = var['recent'] OTHERWISE {};
$i = $get_interest_rate();
$pool_lib = $pool_lib_aa || '';
$pool_lib#1.$charge_interest($balances, $l_balances, $profits, $shifts.x0, $shifts.y0, $recent.last_ts, $i, $alpha, $pool_props.Lambda);
$res = $pool_lib#6.$swap($balances, $l_balances, $profits, $recent, $shifts.x0, $shifts.y0, $y_in, $delta_Yn, 0, -1, 0, $address OTHERWISE 'ADDRESS', $pool_props);
{
in: $res.amount_Y/$in_mul,
out: $res.net_amount_X/$out_mul,
arb_profit_tax: $res.arb_profit_tax/$out_mul, // arb tax
swap_fee: $res.swap_fee/$out_mul, // trading fee
fees: {
in: $res.fees.Y/$in_mul, // rounding fee
out: $res.fees.X/$out_mul, // trading fee + arb tax + rounding fee
},
balances: $balances,
leveraged_balances: $l_balances,
recent: $recent,
initial_price: $res.initial_price/$price_mul,
final_price: $res.final_price/$price_mul,
}
};
$get_leveraged_price = ($asset, $L, $bAfterInterest) => {
if ($asset == 'x' OR $asset == params.x_asset)
$signedL = $L;
else if ($asset == 'y' OR $asset == params.y_asset)
$signedL = -$L;
else
bounce("unknown asset "||$asset);
$l_balances = var['leveraged_balances'] OTHERWISE {};
if ($bAfterInterest){
$balances = var['balances'] OTHERWISE {xn:0, yn:0, x:0, y:0};
$recent = var['recent'] OTHERWISE {};
$i = $get_interest_rate();
$alpha = $get_alpha();
$Lambda = $get_pool_leverage();
$shifts = $get_shifts_and_bounds();
$pool_lib = $pool_lib_aa || '';
$pool_lib#1.$charge_interest($balances, $l_balances, {}, $shifts.x0, $shifts.y0, $recent.last_ts, $i, $alpha, $Lambda);
}
$l_info = $l_balances[$signedL||'x'];
$l_info.balance / $L / $l_info.supply
};
$get_leveraged_trade_amounts = ($asset, $L, $delta_Xn, $entry_price, $address) => {
$asset_id = $asset == 'x' ? params.x_asset : ($asset == 'y' ? params.y_asset : $asset);
$alpha = $get_alpha();
$beta = 1 - $alpha;
$pool_props = {
alpha: $alpha,
beta: $beta,
Lambda: $get_pool_leverage(),
swap_fee: $get_swap_fee(),
arb_profit_tax: $get_arb_profit_tax(),
leverage_profit_tax: $get_leverage_profit_tax(),
leverage_token_tax: $get_leverage_token_tax(),
period_length: $get_period_length(),
x_asset: params.x_asset,
y_asset: params.y_asset,
};
$shifts = $get_shifts_and_bounds();
$balances = var['balances'] OTHERWISE {xn:0, yn:0, x:0, y:0};
$l_balances = var['leveraged_balances'] OTHERWISE {};
$profits = var['profits'] OTHERWISE {x:0, y:0};
$recent = var['recent'] OTHERWISE {};
$i = $get_interest_rate();
// $balances_before_interest = $balances;
$pool_lib = $pool_lib_aa || '';
$pool_lib#1.$charge_interest($balances, $l_balances, $profits, $shifts.x0, $shifts.y0, $recent.last_ts, $i, $alpha, $pool_props.Lambda);
// $l_balances_after_interest = $l_balances;
// $balances_after_interest = $balances;
$res = $pool_lib#21.$trade_l_shares($balances, $l_balances, $profits, $recent, $shifts.x0, $shifts.y0, $L, $asset_id, $delta_Xn, $entry_price, $address OTHERWISE 'ADDRESS', $pool_props);
$res.balances = $balances;
$res.leveraged_balances = $l_balances;
$res.recent = $recent;
// $res.balances_before_interest = $balances_before_interest;
// $res.balances_after_interest = $balances_after_interest;
// $res.l_balances_after_interest = $l_balances_after_interest;
$res
};
$get_total_balances = ($bAfterInterest) => {
$balances = var['balances'] OTHERWISE {xn:0, yn:0, x:0, y:0};
$l_balances = var['leveraged_balances'] OTHERWISE {};
$profits = var['profits'] OTHERWISE {x:0, y:0};
$recent = var['recent'] OTHERWISE {};
if ($bAfterInterest){
$i = $get_interest_rate();
$alpha = $get_alpha();
$Lambda = $get_pool_leverage();
$shifts = $get_shifts_and_bounds();
$pool_lib = $pool_lib_aa || '';
$pool_lib#1.$charge_interest($balances, $l_balances, $profits, $shifts.x0, $shifts.y0, $recent.last_ts, $i, $alpha, $Lambda);
}
$leverages = $pool_lib_aa.$get_leverages();
$p = this_address#30.$get_price('x', 0, 0, true);
$l_info = reduce($leverages, 6, ($info, $L) => {
$x_balance = $l_balances[$L||'x'].balance;
$y_balance = $l_balances[-$L||'x'].balance;
if ($x_balance){
$info.x_assets = $info.x_assets + $x_balance;
$info.y_debt = $info.y_debt + $x_balance * ($L-1)/$L * $p;
}
if ($y_balance){
$info.y_assets = $info.y_assets + $y_balance;
$info.x_debt = $info.x_debt + $y_balance * ($L-1)/$L / $p;
}
$info
}, {x_assets:0, y_assets:0, x_debt:0, y_debt:0});
$totals = {
x: {
pool: $balances.xn,
profits: $profits.x,
leverage: {
assets: $l_info.x_assets,
debt: $l_info.x_debt,
net: $l_info.x_assets - $l_info.x_debt,
},
balance: balance[params.x_asset],
},
y: {
pool: $balances.yn,
profits: $profits.y,
leverage: {
assets: $l_info.y_assets,
debt: $l_info.y_debt,
net: $l_info.y_assets - $l_info.y_debt,
},
balance: balance[params.y_asset],
},
};
$totals.x.total = $totals.x.pool + $totals.x.profits + $totals.x.leverage.net;
$totals.y.total = $totals.y.pool + $totals.y.profits + $totals.y.leverage.net;
$totals.x.excess = $totals.x.balance - $totals.x.total;
$totals.y.excess = $totals.y.balance - $totals.y.total;
$totals
};
}",
"init": "{
$pool_lib = $pool_lib_aa || '';
$pool_lib_by_price = $pool_lib_by_price_aa || '';
// exponent = 1 is the standard AMM like oswap
// exponent > 1 causes later shares to be more expensive than the earlier ones. We issue fewer shares for the same amount of swappable assets
// $exponent = params.exponent OTHERWISE 1;
// require($exponent > 0, "invalid exponent");
$x_asset = params.x_asset;
$y_asset = params.y_asset;
// require($x_asset AND $y_asset, "bad assets");
require($x_asset != $y_asset, "identical assets");
// require($x_asset < $y_asset, "wrong order of assets");
$alpha = $get_alpha();
require($alpha > 0 AND $alpha < 1, "invalid x_asset weight");
$beta = 1 - $alpha;
$Lambda = $get_pool_leverage();
require($Lambda >= 1, "invalid pool leverage");
require($alpha != 1/$Lambda, "pool leverage = 1/alpha");
require($beta != 1/$Lambda, "pool leverage = 1/beta");
$mid_price = $get_mid_price(); // price of x_asset in terms of y_asset
$gamma = $get_price_deviation();
require(!$mid_price == !$gamma, "mid price and price deviation should be set or unset at the same time");
if ($Lambda > 1)
require(!$mid_price, "price range setting is incompatible with pool leverage");
// $arb_profit_tax = $get_param('arb_profit_tax', 0);
// $leverage_profit_tax = $get_param('leverage_profit_tax', 0);
// $leverage_token_tax = $get_param('leverage_token_tax', 0);
// $swap_fee = $get_swap_fee();
// $net_of_swap_fee = 1 - $swap_fee;
$lp_shares = var['lp_shares'];// OTHERWISE {issued: 0, linear: 0, coef: 1};
$s = $lp_shares.linear;
// $s_coef = var['s_coef'] OTHERWISE 1; // shares in the curve = s_coef * s
$s_curve = $s * $lp_shares.coef;
$shares_asset = $lp_shares.asset;
$received_amount_x = trigger.output[[asset=$x_asset]];
$received_amount_y = trigger.output[[asset=$y_asset]];
$received_shares_amount = $shares_asset ? trigger.output[[asset=$shares_asset]] : 0;
$min_x_amount = ($x_asset == 'base') ? 10000 : 0; // bounce fee
$min_y_amount = ($y_asset == 'base') ? 10000 : 0; // bounce fee
$net_received_amount_x = $received_amount_x > $min_x_amount ? $received_amount_x - $min_x_amount : 0;
$net_received_amount_y = $received_amount_y > $min_y_amount ? $received_amount_y - $min_y_amount : 0;
if ($mid_price){
// $avg_price = $alpha/$beta * $mid_price; // pmin^alpha * pmax^beta
$mid_price_beta = $mid_price^$beta;
$x0 = $s_curve / $mid_price_beta / $gamma;
$y0 = $x0 * $mid_price;
}
else{
$x0 = 0;
$y0 = 0;
}
$pool_props = {
alpha: $alpha,
beta: $beta,
gamma: $gamma,
mid_price: $mid_price,
mid_price_beta: $mid_price_beta,
// x0: $x0,
// y0: $y0,
Lambda: $Lambda,
// s: $s,
swap_fee: $get_swap_fee(),
exit_fee: $get_exit_fee(),
// net_of_swap_fee: $net_of_swap_fee,
arb_profit_tax: $get_arb_profit_tax(),
leverage_profit_tax: $get_leverage_profit_tax(),
leverage_token_tax: $get_leverage_token_tax(),
period_length: $get_period_length(),
x_asset: $x_asset,
y_asset: $y_asset,
};
$balances = var['balances'] OTHERWISE {xn:0, yn:0, x:0, y:0};
$profits = var['profits'] OTHERWISE {x:0, y:0};
$l_balances = var['leveraged_balances'] OTHERWISE {};
$recent = var['recent'] OTHERWISE {};
$governance_aa = var['governance_aa'];
$from_governance = $governance_aa AND trigger.address == $governance_aa AND trigger.data.name;
$get_current_interest_rate = ($base_interest_rate) => {
$base_interest_rate / (1 - $pool_lib#1.$get_utilization_ratio($balances, $l_balances, $x0, $y0, $alpha))
};
if (length($l_balances) AND !$from_governance){
// charge interest accrued since the previous interaction
$i = $get_current_interest_rate($get_base_interest_rate());
$i_charge_res = $pool_lib#1.$charge_interest($balances, $l_balances, $profits, $x0, $y0, $recent.last_ts, $i, $alpha, $Lambda);
// log('after interest', $balances, $l_balances);
// in some dendrites, we don't write balances and l_balances and don't update last_ts. Then, the charge is not applied and will be recalculated in the next call
}
$governance_base_aa = 'WBGLXP6WYRTHXYGBOBSBIHXM6TTGUUL7';
}",
"messages": {
"cases": [
{
"if": "{ !$shares_asset AND trigger.data.define }",
"messages": [
{
"app": "definition",
"payload": {
"definition": [
"autonomous agent",
{
"base_aa": "{$governance_base_aa}",
"params": {
"pool_aa": "{this_address}",
"challenging_period": "{params.governance_challenging_period OTHERWISE ''}",
"freeze_period": "{params.governance_freeze_period OTHERWISE ''}"
}
}
]
}
},
{
"app": "asset",
"payload": {
"is_private": false,
"is_transferrable": true,
"auto_destroy": false,
"fixed_denominations": false,
"issued_by_definer_only": true,
"cosigned_by_definer": false,
"spender_attested": false
}
},
{
"if": "{trigger.data.factory}",
"app": "payment",
"payload": {
"asset": "base",
"outputs": [
{
"address": "{trigger.data.factory}",
"amount": 1000
}
]
}
},
{
"app": "state",
"state": "{
var['governance_aa'] = unit[response_unit].messages[[.app='definition']].payload.address;
var['lp_shares'] = {issued: 0, linear: 0, coef: 1, asset: response_unit};
response['shares_asset'] = response_unit;
}"
}
]
},
{
"if": "{ $from_governance }",
"init": "{
$name = trigger.data.name;
$value = trigger.data.value;
$pool_lib#2.$validate_and_apply_new_governed_param_value($name, $value, $balances, $l_balances, $profits, $lp_shares, $pool_props, params.locked_governance);
}",
"messages": [
{
"app": "state",
"state": "{
// if ($name == 'pool_leverage' OR $name == 'alpha' OR $name == 'mid_price' OR $name == 'price_deviation'){
var['balances'] = $balances;
var['profits'] = $profits; // to preserve the price, we sometimes move the excessive balances to profits
// }
if ($name == 'mid_price' OR $name == 'price_deviation')
var['lp_shares'] = $lp_shares;
var[$name] = $value;
}"
}
]
},
{
"if": "{ trigger.data.define_leverage AND trigger.data.leverage }",
"init": "{
$leverage = trigger.data.leverage;
$allowed_leverages = {'2': true, '5': true, '10': true, '20': true, '50': true, '100': true};
require($allowed_leverages[abs($leverage)], "leverage must be one of 2, 5, 10, 20, 50, or 100");
require(!var['leveraged_asset' || $leverage], "asset for this leverage already defined");
}",
"messages": [
{
"app": "asset",
"payload": {
"is_private": false,
"is_transferrable": true,
"auto_destroy": false,
"fixed_denominations": false,
"issued_by_definer_only": true,
"cosigned_by_definer": false,
"spender_attested": false
}
},
{
"app": "state",
"state": "{
// var['last_ts'] = timestamp; // not updating the balances either
var['leveraged_asset' || $leverage] = response_unit;
response['leveraged_asset' || $leverage] = response_unit;
}"
}
]
},
{
"if": "{
$final_price = trigger.data.final_price;
$x_in = $received_amount_x > $min_x_amount AND (trigger.data.delta_xn OR $final_price);
$y_in = $received_amount_y > $min_y_amount AND (trigger.data.delta_yn OR $final_price);
($x_in OR $y_in) AND $received_shares_amount == 0 AND !trigger.data.buy_shares
}",
"init": "{
require(!($x_in AND $y_in), "received both assets");
if ($y_in){
$received_amount_Y = $received_amount_y;
$in_asset = $y_asset;
$out_asset = $x_asset;
$delta_Yn = trigger.data.delta_yn;
}
else{ // x <-> y swap their roles. Uppercase X, Y, and P refer to invertable values
$received_amount_Y = $received_amount_x;
$in_asset = $x_asset;
$out_asset = $y_asset;
$delta_Yn = trigger.data.delta_xn;
}
$res = ($final_price ? $pool_lib_by_price : $pool_lib)#6.$swap($balances, $l_balances, $profits, $recent, $x0, $y0, $y_in, $final_price ? 0 : $delta_Yn, $final_price, $received_amount_Y, trigger.data.min_amount_out, trigger.initial_address, $pool_props);
// further hops
$hops = trigger.data.hops;
$address = $hops[0].address OTHERWISE trigger.address;
$change_address = $hops[0].change_address OTHERWISE $address;
if ($hops){
$data_for_next_hop = $hops[0].data;
delete($hops, 0); // remove the head hop
if ($data_for_next_hop OR length($hops)){
$forwarded_data = $data_for_next_hop OTHERWISE {};
if (length($hops))
$forwarded_data.hops = $hops;
}
}
}",
"messages": [
{
"app": "payment",
"payload": {
"asset": "{$out_asset}",
"outputs": [
{
"address": "{$address}",
"amount": "{$res.net_amount_X}"
}
]
}
},
{
"app": "payment",
"payload": {
"asset": "{$in_asset}",
"outputs": [
{
"address": "{$change_address}",
"amount": "{$res.change}"
}
]
}
},
{
"if": "{$forwarded_data}",
"app": "data",
"payload": "{$forwarded_data}"
},
{
"app": "state",
"state": "{
if ($Lambda == 1)
var['profits'] = $profits;
var['balances'] = $balances;
var['leveraged_balances'] = $l_balances;
var['recent'] = $recent;
response['event'] = $res.event; // for stats
}"
}
]
},
{
"if": "{ trigger.data.L AND trigger.data.asset AND (trigger.data.buy OR trigger.data.sell) AND trigger.data.delta }",
"init": "{
require(!params.no_leverage, "leverage not allowed");
$res = $pool_lib#23.$handle_trade_l_shares_request(this_address, $balances, $l_balances, $profits, $recent, $x0, $y0, trigger.data, trigger.address, trigger.outputs, trigger.initial_address, $pool_props);
$asset_out = $res.asset_out;
$shares = $res.shares;
$shares_change = $res.shares_change;
$asset = $res.asset;
$l_shares_asset = $res.l_shares_asset;
$position = $res.position;
}",
"messages": [
{
"if": "{trigger.data.buy AND trigger.data.tokens}",
"app": "payment",
"payload": {
"asset": "{$l_shares_asset}",
"outputs": [
{
"address": "{trigger.address}",
"amount": "{$shares}"
}
]
}
},
{
"if": "{trigger.data.sell AND !$position}",
"app": "payment",
"payload": {
"asset": "{$l_shares_asset}",
"outputs": [
{
"address": "{trigger.address}",
"amount": "{$shares_change}"
}
]
}
},
{
"app": "payment",
"payload": {
"asset": "{$asset}",
"outputs": [
{
"address": "{trigger.address}",
"amount": "{$asset_out}"
}
]
}
},
{
"app": "state",
"state": "{
var['recent'] = $recent;
var['balances'] = $balances;
var['leveraged_balances'] = $l_balances;
if (trigger.data.buy AND !trigger.data.tokens){
var['positions'] += 1;
$new_position = 'position_' || $res.signedL || '_' || var['positions'];
var[$new_position] = {
owner: trigger.address,
shares: $shares,
price: $res.avg_share_price, // average entry price
ts: timestamp,
};
response['position'] = $new_position;
}
response['event'] = $res.event;
// if we got change after closing a position, update the position with the remaining shares amount
if ($position){
if ($shares_change){
$position.shares = $shares_change;
response['remaining_shares'] = $shares_change;
}
var[trigger.data.position] = $shares_change ? $position : false;
}
if ($Lambda == 1)
var['profits'] = $profits;
}"
}
]
},
{
"if": "{ trigger.data.transfer AND trigger.data.position AND trigger.data.new_owner }",
"init": "{
require(is_valid_address(trigger.data.new_owner), "new owner address is invalid");
$position = var[trigger.data.position];
require($position, "no such position");
require($position.owner == trigger.address, "you are not the owner of this position");
}",
"messages": [
{
"app": "state",
"state": "{
$position.owner = trigger.data.new_owner;
var[trigger.data.position] = $position;
response['message'] = "Transferred";
}"
}
]
},
{
"if": "{
$buy_shares = ($net_received_amount_x > 0 OR $net_received_amount_y > 0)/* AND trigger.data.buy_shares*/;
$received_shares_amount == 0 AND ($buy_shares OR trigger.data.add_profits)
}",
"init": "{
$res = $pool_lib#1.$buy_shares($s, $balances, $profits, $recent, $x0, $y0, $net_received_amount_x, $net_received_amount_y, $pool_props);
$lp_shares.coef = $lp_shares.coef * $res.coef;
$lp_shares.linear = $s + $res.shares_amount;
$new_issued = $get_issued_shares($lp_shares.linear);
$issue_amount = $new_issued - $lp_shares.issued;
$lp_shares.issued = $new_issued;
}",
"messages": [
{
"if": "{$buy_shares}",
"app": "payment",
"payload": {
"asset": "{$shares_asset}",
"outputs": [
{
"address": "{trigger.address}",
"amount": "{$issue_amount}"
}
]
}
},
{
"if": "{$buy_shares}",
"app": "payment",
"payload": {
"asset": "{$x_asset}",
"outputs": [
{
"address": "{trigger.address}",
"amount": "{$res.change_x}"
}
]
}
},
{
"if": "{$buy_shares}",
"app": "payment",
"payload": {
"asset": "{$y_asset}",
"outputs": [
{
"address": "{trigger.address}",
"amount": "{$res.change_y}"
}
]
}
},
{
"app": "state",
"state": "{
var['lp_shares'] = $lp_shares;
var['balances'] = $balances;
var['leveraged_balances'] = $l_balances;
var['profits'] = $profits;
var['recent'] = $recent;
response['event'] = $res.event;
}"
}
]
},
{
"if": "{ $received_shares_amount > 0 AND $received_amount_x <= $min_x_amount AND $received_amount_y <= $min_y_amount }",
"init": "{
$new_issued = $lp_shares.issued - $received_shares_amount;
$new_linear = $get_linear_shares($new_issued);
$res = $pool_lib#1.$redeem_shares($s, $balances, $l_balances, $profits, $recent, $x0, $y0, $s - $new_linear, trigger.data.preferred_asset, $pool_props);
$lp_shares.coef = $lp_shares.coef * $res.coef;
$lp_shares.linear = $new_linear;
$lp_shares.issued = $new_issued;
}",
"messages": [
{
"app": "payment",
"payload": {
"asset": "{$x_asset}",
"outputs": [
{
"address": "{trigger.address}",
"amount": "{$res.xn_amount}"
}
]
}
},
{
"app": "payment",
"payload": {
"asset": "{$y_asset}",
"outputs": [
{
"address": "{trigger.address}",
"amount": "{$res.yn_amount}"
}
]
}
},
{
"app": "state",
"state": "{
var['lp_shares'] = $lp_shares;
var['balances'] = $balances;
var['leveraged_balances'] = $l_balances;
var['profits'] = $profits;
var['recent'] = $recent;
response['event'] = $res.event;
}"
}
]
}
]
}
}
]