Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

WIP: Custom Redeem Algo #1035

Draft
wants to merge 1 commit into
base: master
Choose a base branch
from
Draft
Show file tree
Hide file tree
Changes from all commits
Commits
File filter

Filter by extension

Filter by extension

Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
49 changes: 49 additions & 0 deletions contracts/facade/FacadeRedeem.sol
Original file line number Diff line number Diff line change
@@ -0,0 +1,49 @@
// SPDX-License-Identifier: BlueOak-1.0.0
pragma solidity 0.8.19;

import "../interfaces/IRToken.sol";
import "../libraries/Fixed.sol";
import "../p1/BasketHandler.sol";
import "../p1/BackingManager.sol";

contract FacadeRedeem {
function getBaseInformation(IRToken rToken)
external
returns (
uint48 currentNonce,
uint192 basketsNeeded,
IERC20[] memory allErc20s,
uint256[] memory allBalances,
IERC20[][] memory erc20s,
uint256[][] memory quantities
)
{
// Either hell freezes over, or it's a static call.
require(msg.sender == address(0), unicode"ಠ_ಠ");
Copy link
Collaborator

Choose a reason for hiding this comment

The reason will be displayed to describe this comment to others. Learn more.

Did not know about this trick, but makes sense!


rToken.main().poke();

BackingManagerP1 bm = BackingManagerP1(address(rToken.main().backingManager()));
BasketHandlerP1 bh = BasketHandlerP1(address(rToken.main().basketHandler()));

currentNonce = bh.nonce();
basketsNeeded = rToken.basketsNeeded();

allErc20s = rToken.main().assetRegistry().erc20s();
allBalances = new uint256[](allErc20s.length);

for (uint256 i = 0; i < allErc20s.length; ++i) {
allBalances[i] = allErc20s[i].balanceOf(address(bm));
}

quantities = new uint256[][](currentNonce);
erc20s = new IERC20[][](currentNonce);

for (uint48 nonce = 1; nonce <= currentNonce; nonce++) {
(IERC20[] memory erc20ForNonce, uint256[] memory qtys) = bh.getHistoricalBasket(nonce);

quantities[nonce - 1] = qtys;
erc20s[nonce - 1] = erc20ForNonce;
}
}
}
125 changes: 125 additions & 0 deletions scripts/redeem.ts
Original file line number Diff line number Diff line change
@@ -0,0 +1,125 @@
import { BigNumber } from 'ethers'
import hre, { ethers } from 'hardhat'

const bigIntMax = (...args: BigNumber[]) => args.reduce((m, e) => (e.gt(m) ? e : m))
const bigIntMin = (...args: BigNumber[]) => args.reduce((m, e) => (e.lt(m) ? e : m))

const rTokenAddress = '0xA0d69E286B938e21CBf7E51D71F6A4c8918f482F' // eUSD
// const rTokenAddress = '0xaCdf0DBA4B9839b96221a8487e9ca660a48212be' // hyUSD

async function main() {
const FacadeRedeemFactory = await hre.ethers.getContractFactory('FacadeRedeem')
const FacadeRedeem = await FacadeRedeemFactory.deploy().then((e) => e.deployed())

const baseData = await FacadeRedeem.connect(hre.ethers.provider).callStatic.getBaseInformation(
rTokenAddress,
{
from: ethers.constants.AddressZero,
}
)

console.log({ currentNonce: baseData.currentNonce })
console.log({ basketsNeeded: baseData.basketsNeeded })

// Nonces are mapped to their _indexes_ aka, nonce 3 becomes 2, nonce 4 becomes 3 and so on.
const allValidNonces = Array.from({ length: baseData.currentNonce }, (_, i) => i).filter((e) => {
// If basket has an erc20 which was unregistered.
if (
baseData.erc20s[e].filter((f) => baseData.allErc20s.includes(f)).length !==
baseData.erc20s[e].length
) {
return false
}

// If basket has no erc20s, aka before 3.1.0 release.
if (baseData.erc20s[e].length === 0) {
return false
}

return true
})

console.log({ allValidNonces })

// Final picked nonces
const pickedNonces: Record<number, BigNumber> = {}

// Just temp storage
const nonceFractions: Record<number, BigNumber> = {}
const activeBalances = [...baseData.allBalances]

function getBalanceFor(erc20: string) {
return activeBalances[baseData.allErc20s.indexOf(erc20)]
}

// Worst case, we'll need some fraction of each basket.
let validNonces = [...allValidNonces]
while (validNonces.length > 0) {
for (const nonce of validNonces) {
const basketFraction = baseData.erc20s[nonce].map((e, i) =>
baseData.quantities[nonce][i].eq(0)
? BigNumber.from(0)
: getBalanceFor(e).mul(BigNumber.from(10).pow(36)).div(baseData.quantities[nonce][i])
)

const basketFractionRatio = basketFraction.map((e) => e.div(baseData.basketsNeeded))

// console.log(basketFraction, basketFractionRatio)

nonceFractions[nonce] = bigIntMin(...basketFractionRatio)

// if (nonceFractions[nonce].eq(0)) {
// // remove fraction if it gives Infinity, it just means the list was empty.
// validNonces = validNonces.filter((e) => e !== nonce)
// }

// console.log(basketFraction, basketFractionRatio, nonceFractions[nonce])
}

// Let's pick the nonce with the max redemption value.
const chosenNonce = validNonces.find(
(e) => nonceFractions[e] == bigIntMax(...validNonces.map((e) => nonceFractions[e]))
)!
pickedNonces[chosenNonce] = nonceFractions[chosenNonce]

// console.log({ chosenNonce })
// console.log(baseData.quantities[chosenNonce])

baseData.erc20s[chosenNonce].forEach((e, i) => {
// console.log(getBalanceFor(e))
// console.log(
// baseData.quantities[chosenNonce][i]
// .mul(nonceFractions[chosenNonce])
// .mul(baseData.basketsNeeded)
// .div(BigNumber.from(10).pow(36))
// )

activeBalances[baseData.allErc20s.indexOf(e)] = getBalanceFor(e).sub(
baseData.quantities[chosenNonce][i]
.mul(nonceFractions[chosenNonce])
.mul(baseData.basketsNeeded)
.div(BigNumber.from(10).pow(36))
)

if (getBalanceFor(e).lt(0)) {
activeBalances[baseData.allErc20s.indexOf(e)] = BigNumber.from(0)
}

// console.log(activeBalances[baseData.allErc20s.indexOf(e)])
// console.log('next')
})

validNonces = validNonces.filter((e) => e !== chosenNonce)

// console.log(chosenNonce, nonceFractions[chosenNonce])
}

console.log({ pickedNonces })
}

main()
.then(() => process.exit(0))
.catch((error) => {
console.error(error)
process.exit(1)
})
Loading