AugurProject/augur-ui

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src/modules/markets/helpers/calculate-max-possible-shares.js

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import memoize from "memoizee";
import { createBigNumber } from "utils/create-big-number";
import {
  ZERO,
  TEN_TO_THE_EIGHTEENTH_POWER
} from "modules/trades/constants/numbers";
import { augur } from "services/augurjs";
import speedomatic from "speedomatic";

/**
 * Orders should be sorted from best to worst (usually by price)
 *
 * @param loginAccount {Object}
 * @param orders {Array}
 * @param makerFee {String}
 * @param settlementFee {String}
 * @param range {String}
 * @param outcomeTradeInProgress {Object} used to bust memoizerific cache
 */
export const calculateMaxPossibleShares = memoize(
  (
    loginAccount,
    orders,
    makerFee,
    settlementFee,
    range,
    outcomeTradeInProgress,
    scalarMinValue
  ) => {
    if (loginAccount.address == null) {
      return null;
    }
    const userEther =
      loginAccount.ether != null
        ? createBigNumber(loginAccount.ether, 10)
        : ZERO;
    if (userEther.eq(ZERO)) {
      return "0";
    }
    const ordersLength = orders.length;
    const {
      tradingFee,
      makerProportionOfFee
    } = augur.trading.fees.calculateFxpTradingFees(
      createBigNumber(makerFee, 10),
      createBigNumber(settlementFee, 10)
    );
    let runningCost = ZERO;
    let updatedRunningCost;
    let maxPossibleShares = ZERO;
    let orderCost;
    let orderAmount;
    let fullPrecisionPrice;
    let order;
    for (let i = 0; i < ordersLength; i++) {
      order = orders[i];
      orderAmount = createBigNumber(order.amount, 10);
      fullPrecisionPrice =
        scalarMinValue !== null
          ? augur.trading.shrinkScalarPrice(
              scalarMinValue,
              order.fullPrecisionPrice
            )
          : order.fullPrecisionPrice;
      orderCost = augur.trading.fees.calculateFxpTradingCost(
        orderAmount,
        createBigNumber(fullPrecisionPrice, 10),
        tradingFee,
        makerProportionOfFee,
        range
      );
      updatedRunningCost =
        order.type === "buy"
          ? runningCost.plus(orderCost.fee.abs())
          : runningCost.plus(orderCost.cost);
      if (updatedRunningCost.lte(userEther)) {
        maxPossibleShares = maxPossibleShares.plus(orderAmount);
        runningCost = updatedRunningCost;
      } else {
        const remainingEther = speedomatic.fix(userEther.minus(runningCost));
        let remainingShares;
        const feePerShare = speedomatic
          .fix(orderCost.fee.abs())
          .dividedBy(speedomatic.fix(orderAmount))
          .times(TEN_TO_THE_EIGHTEENTH_POWER)
          .floor();
        if (order.type === "buy") {
          remainingShares = speedomatic.unfix(
            remainingEther
              .dividedBy(feePerShare)
              .times(TEN_TO_THE_EIGHTEENTH_POWER)
              .floor()
          );
        } else {
          remainingShares = speedomatic.unfix(
            remainingEther
              .dividedBy(feePerShare.plus(speedomatic.fix(fullPrecisionPrice)))
              .times(TEN_TO_THE_EIGHTEENTH_POWER)
              .floor()
          );
        }
        maxPossibleShares = maxPossibleShares.plus(remainingShares);
        break;
      }
    }
    return maxPossibleShares.toString();
  },
  { max: 100 }
);