@fleupold/dex-contracts
Version:
Contracts for dFusion multi-token batch auction exchange
48 lines (47 loc) • 2.6 kB
JavaScript
import BN from "bn.js";
import assert from "assert";
import { Fraction } from "./fraction";
const MAX128 = new BN(2).pow(new BN(128)).subn(1);
/**
* Modifies the price to work with ERC20 units
* @param price - Amount of buy token in exchange for one sell token
* @param sellTokenDecimals - Number of decimals of the sell token
* @param buyTokenDecimals - Number of decimals of the buy token
* Returns Fraction representing the number of buy tokens in exchange for one unit of sell token
*/
export function getUnitPrice(price, sellTokenDecimals, buyTokenDecimals) {
assert(sellTokenDecimals >= 0, "sell token decimals must be non-negative");
assert(buyTokenDecimals >= 0, "buy token decimals must be non-negative");
return Fraction.fromNumber(price).mul(new Fraction(new BN(10).pow(new BN(buyTokenDecimals)), new BN(10).pow(new BN(sellTokenDecimals))));
}
/**
* Computes the amount of output token units from their price and the amount of input token units
* Note that the price is expressed in terms of tokens, while the amounts are in terms of token units
* @param price - Amount of buy token in exchange for one sell token
* @param sellAmount - Amount of sell token units that are exchanged at price
* @param sellTokenDecimals - Number of decimals of the sell token
* @param buyTokenDecimals - Number of decimals of the buy token
* Returns amount of output token units obtained
*/
export function getBuyAmountFromPrice(price, sellAmount, sellTokenDecimals, buyTokenDecimals) {
const unitPrice = getUnitPrice(price, sellTokenDecimals, buyTokenDecimals);
const buyAmount = unitPrice.mul(new Fraction(sellAmount, 1));
return buyAmount.toBN();
}
/**
* Computes the buy and sell token amounts required for an unlimited order in the exchange
* @param price - Price of the buyToken relative to one sell token
* @param sellTokenDecimals - Number of decimals of the sell token
* @param buyTokenDecimals - Number of decimals of the buy token
* Returns amounts of sell-buy token for an unlimited order at the input price
*/
export function getUnlimitedOrderAmounts(price, sellTokenDecimals, buyTokenDecimals) {
let sellAmount = MAX128.clone();
let buyAmount = getBuyAmountFromPrice(price, sellAmount, sellTokenDecimals, buyTokenDecimals);
if (buyAmount.gt(sellAmount)) {
buyAmount = MAX128.clone();
sellAmount = getBuyAmountFromPrice(1 / price, buyAmount, buyTokenDecimals, sellTokenDecimals);
assert(buyAmount.gte(sellAmount), "Error: unable to create unlimited order");
}
return { base: sellAmount, quote: buyAmount };
}