@defisaver/positions-sdk 2.1.0 → 2.1.1-dev.0

This diff represents the content of publicly available package versions that have been released to one of the supported registries. The information contained in this diff is provided for informational purposes only and reflects changes between package versions as they appear in their respective public registries.
Files changed (80) hide show
  1. package/.mocharc.json +4 -4
  2. package/.nvmrc +1 -1
  3. package/README.md +64 -64
  4. package/cjs/helpers/morphoBlueHelpers/index.js +66 -66
  5. package/cjs/liquityV2/index.d.ts +2 -0
  6. package/cjs/liquityV2/index.js +52 -9
  7. package/esm/helpers/morphoBlueHelpers/index.js +66 -66
  8. package/esm/liquityV2/index.d.ts +2 -0
  9. package/esm/liquityV2/index.js +48 -7
  10. package/package.json +47 -47
  11. package/src/aaveV2/index.ts +239 -239
  12. package/src/aaveV3/index.ts +516 -516
  13. package/src/aaveV3/merit.ts +94 -94
  14. package/src/aaveV3/merkl.ts +74 -74
  15. package/src/compoundV2/index.ts +244 -244
  16. package/src/compoundV3/index.ts +274 -274
  17. package/src/config/contracts.ts +1129 -1129
  18. package/src/constants/index.ts +6 -6
  19. package/src/contracts.ts +107 -107
  20. package/src/curveUsd/index.ts +250 -250
  21. package/src/eulerV2/index.ts +324 -324
  22. package/src/exchange/index.ts +25 -25
  23. package/src/fluid/index.ts +1638 -1638
  24. package/src/helpers/aaveHelpers/index.ts +169 -169
  25. package/src/helpers/compoundHelpers/index.ts +283 -283
  26. package/src/helpers/curveUsdHelpers/index.ts +40 -40
  27. package/src/helpers/eulerHelpers/index.ts +222 -222
  28. package/src/helpers/fluidHelpers/index.ts +326 -326
  29. package/src/helpers/index.ts +10 -10
  30. package/src/helpers/liquityV2Helpers/index.ts +82 -82
  31. package/src/helpers/llamaLendHelpers/index.ts +53 -53
  32. package/src/helpers/makerHelpers/index.ts +52 -52
  33. package/src/helpers/morphoBlueHelpers/index.ts +390 -390
  34. package/src/helpers/sparkHelpers/index.ts +155 -155
  35. package/src/index.ts +45 -45
  36. package/src/liquity/index.ts +104 -104
  37. package/src/liquityV2/index.ts +464 -418
  38. package/src/llamaLend/index.ts +305 -305
  39. package/src/maker/index.ts +223 -223
  40. package/src/markets/aave/index.ts +116 -116
  41. package/src/markets/aave/marketAssets.ts +49 -49
  42. package/src/markets/compound/index.ts +227 -227
  43. package/src/markets/compound/marketsAssets.ts +90 -90
  44. package/src/markets/curveUsd/index.ts +69 -69
  45. package/src/markets/euler/index.ts +26 -26
  46. package/src/markets/fluid/index.ts +2456 -2456
  47. package/src/markets/index.ts +25 -25
  48. package/src/markets/liquityV2/index.ts +102 -102
  49. package/src/markets/llamaLend/contractAddresses.ts +141 -141
  50. package/src/markets/llamaLend/index.ts +235 -235
  51. package/src/markets/morphoBlue/index.ts +895 -895
  52. package/src/markets/spark/index.ts +29 -29
  53. package/src/markets/spark/marketAssets.ts +11 -11
  54. package/src/moneymarket/moneymarketCommonService.ts +80 -80
  55. package/src/morphoBlue/index.ts +236 -236
  56. package/src/portfolio/index.ts +285 -285
  57. package/src/services/priceService.ts +159 -159
  58. package/src/services/utils.ts +63 -63
  59. package/src/services/viem.ts +32 -32
  60. package/src/setup.ts +8 -8
  61. package/src/spark/index.ts +444 -444
  62. package/src/staking/eligibility.ts +60 -60
  63. package/src/staking/index.ts +1 -1
  64. package/src/staking/staking.ts +169 -169
  65. package/src/types/aave.ts +189 -189
  66. package/src/types/common.ts +105 -105
  67. package/src/types/compound.ts +136 -136
  68. package/src/types/curveUsd.ts +121 -121
  69. package/src/types/euler.ts +175 -175
  70. package/src/types/fluid.ts +448 -448
  71. package/src/types/index.ts +13 -13
  72. package/src/types/liquity.ts +30 -30
  73. package/src/types/liquityV2.ts +126 -126
  74. package/src/types/llamaLend.ts +159 -159
  75. package/src/types/maker.ts +63 -63
  76. package/src/types/merit.ts +1 -1
  77. package/src/types/merkl.ts +70 -70
  78. package/src/types/morphoBlue.ts +194 -194
  79. package/src/types/portfolio.ts +60 -60
  80. package/src/types/spark.ts +135 -135
package/.mocharc.json CHANGED
@@ -1,4 +1,4 @@
1
- {
2
- "require": "ts-node/register",
3
- "extension": ["ts"]
4
- }
1
+ {
2
+ "require": "ts-node/register",
3
+ "extension": ["ts"]
4
+ }
package/.nvmrc CHANGED
@@ -1 +1 @@
1
- v20.17.0
1
+ v20.17.0
package/README.md CHANGED
@@ -1,64 +1,64 @@
1
- # DeFi Saver Positions SDK
2
-
3
- Supported protocols:
4
- - [Maker](https://github.com/defisaver/defisaver-positions-sdk/tree/main/src/maker)
5
- - [Spark](https://github.com/defisaver/defisaver-positions-sdk/tree/main/src/spark)
6
- - [CrvUSD](https://github.com/defisaver/defisaver-positions-sdk/tree/main/src/curveUsd)
7
- - [Aave V2](https://github.com/defisaver/defisaver-positions-sdk/tree/main/src/aaveV2)
8
- - [Aave V3](https://github.com/defisaver/defisaver-positions-sdk/tree/main/src/aaveV3)
9
- - [Compound V2](https://github.com/defisaver/defisaver-positions-sdk/tree/main/src/compoundV2)
10
- - [Compound V3](https://github.com/defisaver/defisaver-positions-sdk/tree/main/src/compoundV3)
11
- - [Liquity](https://github.com/defisaver/defisaver-positions-sdk/tree/main/src/liquity)
12
-
13
- ## Setup
14
- Supported Node version is v10.
15
-
16
- - run `npm install` (first time)
17
- - run `npm run build`
18
-
19
- `build` command will generate contracts and build ejs and esm folders
20
-
21
- ## How to use
22
- [All available imports](https://github.com/defisaver/defisaver-positions-sdk/blob/main/src/index.ts)
23
-
24
- This is a Compound V3 example, and every other protocol is similar
25
- ```js
26
- import { compoundV3 } from '@defisaver/positions-sdk';
27
-
28
-
29
- // every protocol has market data and user data getters
30
- const {
31
- getCompoundV3MarketsData,
32
- getCompoundV3AccountData,
33
- } = compoundV3;
34
-
35
- const provider = 'Your RPC provider';
36
-
37
- const user = '0x123...';
38
-
39
- const { assetsData } = await getCompoundV3MarketsData(
40
- provider, // rpc for the network you are using (note: can be tenderly or any other testnet rpc)
41
- 1, // network
42
- selectedMarket, // market object like in /src/markets/compound/index.ts
43
- provider, // this must be mainnet rpc - used for getting prices onchain and calculating apys
44
- );
45
-
46
- const userData = await getCompoundV3AccountData(
47
- provider,
48
- 1, // network
49
- userAddress, // EOA or DSProxy
50
- '', // proxy address of the user, or just empty string if checking for EOA
51
- {
52
- selectedMarket, // market object as in /src/markets/compound/index.ts
53
- assetsData,
54
- }
55
- );
56
- ```
57
-
58
- More examples found [here](https://github.com/defisaver/defisaver-positions-sdk/tree/main/tests)
59
-
60
- ## Testing
61
-
62
- `npm run test` - Run all tests
63
-
64
- `npm run test-single --name=your_test_name` - Run single test for specified name e.g. for MyTest.js test name is MyTest
1
+ # DeFi Saver Positions SDK
2
+
3
+ Supported protocols:
4
+ - [Maker](https://github.com/defisaver/defisaver-positions-sdk/tree/main/src/maker)
5
+ - [Spark](https://github.com/defisaver/defisaver-positions-sdk/tree/main/src/spark)
6
+ - [CrvUSD](https://github.com/defisaver/defisaver-positions-sdk/tree/main/src/curveUsd)
7
+ - [Aave V2](https://github.com/defisaver/defisaver-positions-sdk/tree/main/src/aaveV2)
8
+ - [Aave V3](https://github.com/defisaver/defisaver-positions-sdk/tree/main/src/aaveV3)
9
+ - [Compound V2](https://github.com/defisaver/defisaver-positions-sdk/tree/main/src/compoundV2)
10
+ - [Compound V3](https://github.com/defisaver/defisaver-positions-sdk/tree/main/src/compoundV3)
11
+ - [Liquity](https://github.com/defisaver/defisaver-positions-sdk/tree/main/src/liquity)
12
+
13
+ ## Setup
14
+ Supported Node version is v10.
15
+
16
+ - run `npm install` (first time)
17
+ - run `npm run build`
18
+
19
+ `build` command will generate contracts and build ejs and esm folders
20
+
21
+ ## How to use
22
+ [All available imports](https://github.com/defisaver/defisaver-positions-sdk/blob/main/src/index.ts)
23
+
24
+ This is a Compound V3 example, and every other protocol is similar
25
+ ```js
26
+ import { compoundV3 } from '@defisaver/positions-sdk';
27
+
28
+
29
+ // every protocol has market data and user data getters
30
+ const {
31
+ getCompoundV3MarketsData,
32
+ getCompoundV3AccountData,
33
+ } = compoundV3;
34
+
35
+ const provider = 'Your RPC provider';
36
+
37
+ const user = '0x123...';
38
+
39
+ const { assetsData } = await getCompoundV3MarketsData(
40
+ provider, // rpc for the network you are using (note: can be tenderly or any other testnet rpc)
41
+ 1, // network
42
+ selectedMarket, // market object like in /src/markets/compound/index.ts
43
+ provider, // this must be mainnet rpc - used for getting prices onchain and calculating apys
44
+ );
45
+
46
+ const userData = await getCompoundV3AccountData(
47
+ provider,
48
+ 1, // network
49
+ userAddress, // EOA or DSProxy
50
+ '', // proxy address of the user, or just empty string if checking for EOA
51
+ {
52
+ selectedMarket, // market object as in /src/markets/compound/index.ts
53
+ assetsData,
54
+ }
55
+ );
56
+ ```
57
+
58
+ More examples found [here](https://github.com/defisaver/defisaver-positions-sdk/tree/main/tests)
59
+
60
+ ## Testing
61
+
62
+ `npm run test` - Run all tests
63
+
64
+ `npm run test-single --name=your_test_name` - Run single test for specified name e.g. for MyTest.js test name is MyTest
@@ -128,73 +128,73 @@ const getApyAfterValuesEstimation = (selectedMarket, actions, provider, network)
128
128
  });
129
129
  exports.getApyAfterValuesEstimation = getApyAfterValuesEstimation;
130
130
  const API_URL = 'https://blue-api.morpho.org/graphql';
131
- const MARKET_QUERY = `
132
- query MarketByUniqueKey($uniqueKey: String!, $chainId: Int!) {
133
- marketByUniqueKey(uniqueKey: $uniqueKey, chainId: $chainId) {
134
- reallocatableLiquidityAssets
135
- targetBorrowUtilization
136
- loanAsset {
137
- address
138
- decimals
139
- priceUsd
140
- }
141
- state {
142
- liquidityAssets
143
- borrowAssets
144
- supplyAssets
145
- }
146
- publicAllocatorSharedLiquidity {
147
- assets
148
- vault {
149
- address
150
- name
151
- }
152
- allocationMarket {
153
- uniqueKey
154
- loanAsset {
155
- address
156
- }
157
- collateralAsset {
158
- address
159
- }
160
- irmAddress
161
- oracle {
162
- address
163
- }
164
- lltv
165
- }
166
- }
167
- loanAsset {
168
- address
169
- }
170
- collateralAsset {
171
- address
172
- }
173
- oracle {
174
- address
175
- }
176
- irmAddress
177
- lltv
178
- }
179
- }
131
+ const MARKET_QUERY = `
132
+ query MarketByUniqueKey($uniqueKey: String!, $chainId: Int!) {
133
+ marketByUniqueKey(uniqueKey: $uniqueKey, chainId: $chainId) {
134
+ reallocatableLiquidityAssets
135
+ targetBorrowUtilization
136
+ loanAsset {
137
+ address
138
+ decimals
139
+ priceUsd
140
+ }
141
+ state {
142
+ liquidityAssets
143
+ borrowAssets
144
+ supplyAssets
145
+ }
146
+ publicAllocatorSharedLiquidity {
147
+ assets
148
+ vault {
149
+ address
150
+ name
151
+ }
152
+ allocationMarket {
153
+ uniqueKey
154
+ loanAsset {
155
+ address
156
+ }
157
+ collateralAsset {
158
+ address
159
+ }
160
+ irmAddress
161
+ oracle {
162
+ address
163
+ }
164
+ lltv
165
+ }
166
+ }
167
+ loanAsset {
168
+ address
169
+ }
170
+ collateralAsset {
171
+ address
172
+ }
173
+ oracle {
174
+ address
175
+ }
176
+ irmAddress
177
+ lltv
178
+ }
179
+ }
180
180
  `;
181
- const REWARDS_QUERY = `
182
- query MarketByUniqueKey($uniqueKey: String!, $chainId: Int!) {
183
- marketByUniqueKey(uniqueKey: $uniqueKey, chainId: $chainId) {
184
- uniqueKey
185
- state {
186
- rewards {
187
- amountPerSuppliedToken
188
- supplyApr
189
- amountPerBorrowedToken
190
- borrowApr
191
- asset {
192
- address
193
- }
194
- }
195
- }
196
- }
197
- }
181
+ const REWARDS_QUERY = `
182
+ query MarketByUniqueKey($uniqueKey: String!, $chainId: Int!) {
183
+ marketByUniqueKey(uniqueKey: $uniqueKey, chainId: $chainId) {
184
+ uniqueKey
185
+ state {
186
+ rewards {
187
+ amountPerSuppliedToken
188
+ supplyApr
189
+ amountPerBorrowedToken
190
+ borrowApr
191
+ asset {
192
+ address
193
+ }
194
+ }
195
+ }
196
+ }
197
+ }
198
198
  `;
199
199
  /**
200
200
  * Get reallocatable liquidity to a given market and target borrow utilization
@@ -15,6 +15,8 @@ export declare const getLiquityV2UserTroveIds: (provider: EthereumProvider, netw
15
15
  }[];
16
16
  nextFreeTroveIndex: string;
17
17
  }>;
18
+ export declare const calculateDebtInFrontLiquityV2: (markets: Record<LiquityV2Versions, LiquityV2MarketData>, selectedMarket: LiquityV2Versions, allMarketsUnbackedDebts: Record<LiquityV2Versions, string>, interestRateDebtInFront: string) => string;
19
+ export declare const getDebtInFrontForInterestRateIncludingNewDebtLiquityV2: (newDebt: string, markets: Record<LiquityV2Versions, LiquityV2MarketData>, selectedMarket: LiquityV2Versions, provider: Client, network: NetworkNumber, interestRate: string) => Promise<string>;
18
20
  export declare const getDebtInFrontForInterestRateLiquityV2: (markets: Record<LiquityV2Versions, LiquityV2MarketData>, selectedMarket: LiquityV2Versions, provider: EthereumProvider, network: NetworkNumber, isLegacy: boolean, interestRate: string, debtInFrontBeingMoved?: string) => Promise<string>;
19
21
  export declare const _getLiquityV2TroveData: (provider: Client, network: NetworkNumber, { selectedMarket, assetsData, troveId, allMarketsData, }: {
20
22
  selectedMarket: LiquityV2MarketInfo;
@@ -12,7 +12,7 @@ var __importDefault = (this && this.__importDefault) || function (mod) {
12
12
  return (mod && mod.__esModule) ? mod : { "default": mod };
13
13
  };
14
14
  Object.defineProperty(exports, "__esModule", { value: true });
15
- exports.getLiquityV2ClaimableCollateral = exports.getLiquityV2TroveData = exports._getLiquityV2TroveData = exports.getDebtInFrontForInterestRateLiquityV2 = exports.getLiquityV2UserTroveIds = exports._getLiquityV2UserTroveIds = exports.getLiquityV2MarketData = exports._getLiquityV2MarketData = void 0;
15
+ exports.getLiquityV2ClaimableCollateral = exports.getLiquityV2TroveData = exports._getLiquityV2TroveData = exports.getDebtInFrontForInterestRateLiquityV2 = exports.getDebtInFrontForInterestRateIncludingNewDebtLiquityV2 = exports.calculateDebtInFrontLiquityV2 = exports.getLiquityV2UserTroveIds = exports._getLiquityV2UserTroveIds = exports.getLiquityV2MarketData = exports._getLiquityV2MarketData = void 0;
16
16
  const decimal_js_1 = __importDefault(require("decimal.js"));
17
17
  const tokens_1 = require("@defisaver/tokens");
18
18
  const contracts_1 = require("../contracts");
@@ -201,11 +201,39 @@ const getAllMarketsUnbackedDebts = (markets, isLegacy, provider, network) => __a
201
201
  return Object.fromEntries(allMarketsUnbackedDebt);
202
202
  });
203
203
  const calculateDebtInFrontLiquityV2 = (markets, selectedMarket, allMarketsUnbackedDebts, interestRateDebtInFront) => {
204
+ // Sanity check to avoid division by 0. Very unlikely to ever happen.
205
+ const selectedMarketTotalBorrow = new decimal_js_1.default(markets[selectedMarket].assetsData[(0, markets_1.LiquityV2Markets)(common_1.NetworkNumber.Eth)[selectedMarket].debtToken].totalBorrow);
206
+ if (selectedMarketTotalBorrow.eq(0))
207
+ return new decimal_js_1.default(0).toString();
204
208
  const selectedMarketUnbackedDebt = new decimal_js_1.default(allMarketsUnbackedDebts[selectedMarket]);
205
209
  const { isLegacy } = (0, markets_1.LiquityV2Markets)(common_1.NetworkNumber.Eth)[selectedMarket];
206
- if (selectedMarketUnbackedDebt.eq(0))
207
- return interestRateDebtInFront;
208
- const amountBeingReedemedOnEachMarket = Object.entries(markets).map(([version, market]) => {
210
+ const totalUnbackedDebt = Object.values(allMarketsUnbackedDebts).reduce((acc, val) => acc.plus(new decimal_js_1.default(val)), new decimal_js_1.default(0));
211
+ // When totalUnbackedDebt is 0, redemptions will be proportional with the branch size and not to unbacked debt.
212
+ // When unbacked debt is 0 for branch, next redemption call won't touch that branch, so in order to estimate total debt in front we will:
213
+ // - First add up all the unbacked debt from other branches, as that will be the only debt that will be redeemed on the fist redemption call
214
+ // - Perform split the same way as we would do when totalUnbackedDebt == 0, this would represent the second call to the redemption function
215
+ if (selectedMarketUnbackedDebt.eq(0)) {
216
+ // Special case if the branch debt in front is 0, it means that all debt in front is unbacked debt from other branches.
217
+ if (new decimal_js_1.default(interestRateDebtInFront).eq(0))
218
+ return totalUnbackedDebt.toString();
219
+ // Then calculate how much of that estimated amount would go to each branch
220
+ // Second redemption call - calculate proportional redemption based on updated total debt
221
+ const amountBeingRedeemedOnEachMarketByTotalBorrow = Object.entries(markets).map(([version, market]) => {
222
+ const { isLegacy: isLegacyMarket } = (0, markets_1.LiquityV2Markets)(common_1.NetworkNumber.Eth)[version];
223
+ if (version === selectedMarket && isLegacyMarket !== isLegacy)
224
+ return new decimal_js_1.default(interestRateDebtInFront);
225
+ const { assetsData } = market;
226
+ const { debtToken } = (0, markets_1.LiquityV2Markets)(common_1.NetworkNumber.Eth)[version];
227
+ // For other markets, subtract their unbacked debt as it will be cleared in first redemption call
228
+ const marketUnbackedDebt = new decimal_js_1.default(allMarketsUnbackedDebts[version]);
229
+ const totalBorrow = new decimal_js_1.default(assetsData[debtToken].totalBorrow).sub(marketUnbackedDebt);
230
+ const amountToRedeem = new decimal_js_1.default(interestRateDebtInFront).mul(totalBorrow).div(selectedMarketTotalBorrow);
231
+ return decimal_js_1.default.min(amountToRedeem, totalBorrow);
232
+ });
233
+ const redemptionAmount = amountBeingRedeemedOnEachMarketByTotalBorrow.reduce((acc, val) => acc.plus(val), new decimal_js_1.default(0));
234
+ return totalUnbackedDebt.plus(redemptionAmount).toString();
235
+ }
236
+ const amountBeingRedeemedOnEachMarketByUnbackedDebt = Object.entries(markets).map(([version, market]) => {
209
237
  const { isLegacy: isLegacyMarket } = (0, markets_1.LiquityV2Markets)(common_1.NetworkNumber.Eth)[version];
210
238
  if (version === selectedMarket && isLegacyMarket !== isLegacy)
211
239
  return new decimal_js_1.default(interestRateDebtInFront);
@@ -213,16 +241,31 @@ const calculateDebtInFrontLiquityV2 = (markets, selectedMarket, allMarketsUnback
213
241
  const { debtToken } = (0, markets_1.LiquityV2Markets)(common_1.NetworkNumber.Eth)[version];
214
242
  const unbackedDebt = new decimal_js_1.default(allMarketsUnbackedDebts[version]);
215
243
  const totalBorrow = new decimal_js_1.default(assetsData[debtToken].totalBorrow);
216
- const amountToReedem = new decimal_js_1.default(interestRateDebtInFront).mul(unbackedDebt).div(selectedMarketUnbackedDebt);
217
- return decimal_js_1.default.min(amountToReedem, totalBorrow);
244
+ const amountToRedeem = new decimal_js_1.default(interestRateDebtInFront).mul(unbackedDebt).div(selectedMarketUnbackedDebt);
245
+ return decimal_js_1.default.min(amountToRedeem, totalBorrow);
218
246
  });
219
- return amountBeingReedemedOnEachMarket.reduce((acc, val) => acc.plus(val), new decimal_js_1.default(0)).toString();
247
+ return amountBeingRedeemedOnEachMarketByUnbackedDebt.reduce((acc, val) => acc.plus(val), new decimal_js_1.default(0)).toString();
220
248
  };
249
+ exports.calculateDebtInFrontLiquityV2 = calculateDebtInFrontLiquityV2;
250
+ // @dev The amount redeemed on each branch depends on the unbacked debt of every branch (the difference between total borrow and stability pool deposits).
251
+ // When new debt is generated on the selected market, the unbacked debt will increase, resulting in a higher redemption amount on that branch.
252
+ // This function accepts the new debt that's about to be generated (e.g., trove creation) and estimates the debt in front based on the new state.
253
+ const getDebtInFrontForInterestRateIncludingNewDebtLiquityV2 = (newDebt, markets, selectedMarket, provider, network, interestRate) => __awaiter(void 0, void 0, void 0, function* () {
254
+ const marketsWithNewDebt = structuredClone(markets);
255
+ const selectedMarketDebtToken = (0, markets_1.LiquityV2Markets)(network)[selectedMarket].debtToken;
256
+ const currentTotalBorrow = new decimal_js_1.default(marketsWithNewDebt[selectedMarket].assetsData[selectedMarketDebtToken].totalBorrow);
257
+ marketsWithNewDebt[selectedMarket].assetsData[selectedMarketDebtToken].totalBorrow = currentTotalBorrow.add(newDebt).toString();
258
+ const { isLegacy } = (0, markets_1.LiquityV2Markets)(common_1.NetworkNumber.Eth)[selectedMarket];
259
+ const allMarketsUnbackedDebts = yield getAllMarketsUnbackedDebts(marketsWithNewDebt, isLegacy, provider, network);
260
+ const interestRateDebtInFront = new decimal_js_1.default(yield getDebtInFrontForInterestRateSingleMarketLiquityV2(provider, network, isLegacy, (0, markets_1.LiquityV2Markets)(network)[selectedMarket].marketAddress, interestRate));
261
+ return (0, exports.calculateDebtInFrontLiquityV2)(marketsWithNewDebt, selectedMarket, allMarketsUnbackedDebts, interestRateDebtInFront.toString());
262
+ });
263
+ exports.getDebtInFrontForInterestRateIncludingNewDebtLiquityV2 = getDebtInFrontForInterestRateIncludingNewDebtLiquityV2;
221
264
  const getDebtInFrontLiquityV2 = (markets, selectedMarket, provider, network, viewContract, troveId) => __awaiter(void 0, void 0, void 0, function* () {
222
265
  const { isLegacy } = (0, markets_1.LiquityV2Markets)(common_1.NetworkNumber.Eth)[selectedMarket];
223
266
  const allMarketsUnbackedDebts = yield getAllMarketsUnbackedDebts(markets, isLegacy, provider, network);
224
267
  const interestRateDebtInFront = yield getDebtInFrontForSingleMarketLiquityV2(provider, network, isLegacy, (0, markets_1.LiquityV2Markets)(network)[selectedMarket].marketAddress, troveId);
225
- return calculateDebtInFrontLiquityV2(markets, selectedMarket, allMarketsUnbackedDebts, interestRateDebtInFront.toString());
268
+ return (0, exports.calculateDebtInFrontLiquityV2)(markets, selectedMarket, allMarketsUnbackedDebts, interestRateDebtInFront.toString());
226
269
  });
227
270
  /**
228
271
  * @param markets
@@ -237,7 +280,7 @@ const _getDebtInFrontForInterestRateLiquityV2 = (markets_2, selectedMarket_1, pr
237
280
  const allMarketsUnbackedDebts = yield getAllMarketsUnbackedDebts(markets, isLegacy, provider, network);
238
281
  const interestRateDebtInFront = new decimal_js_1.default(yield getDebtInFrontForInterestRateSingleMarketLiquityV2(provider, network, isLegacy, (0, markets_1.LiquityV2Markets)(network)[selectedMarket].marketAddress, interestRate))
239
282
  .sub(debtInFrontBeingMoved);
240
- return calculateDebtInFrontLiquityV2(markets, selectedMarket, allMarketsUnbackedDebts, interestRateDebtInFront.toString());
283
+ return (0, exports.calculateDebtInFrontLiquityV2)(markets, selectedMarket, allMarketsUnbackedDebts, interestRateDebtInFront.toString());
241
284
  });
242
285
  const getDebtInFrontForInterestRateLiquityV2 = (markets_2, selectedMarket_1, provider_1, network_1, isLegacy_1, interestRate_1, ...args_1) => __awaiter(void 0, [markets_2, selectedMarket_1, provider_1, network_1, isLegacy_1, interestRate_1, ...args_1], void 0, function* (markets, selectedMarket, provider, network, isLegacy, interestRate, debtInFrontBeingMoved = '0') { return _getDebtInFrontForInterestRateLiquityV2(markets, selectedMarket, (0, viem_1.getViemProvider)(provider, network), network, isLegacy, interestRate, debtInFrontBeingMoved); });
243
286
  exports.getDebtInFrontForInterestRateLiquityV2 = getDebtInFrontForInterestRateLiquityV2;
@@ -118,73 +118,73 @@ export const getApyAfterValuesEstimation = (selectedMarket, actions, provider, n
118
118
  return { borrowRate, supplyRate };
119
119
  });
120
120
  const API_URL = 'https://blue-api.morpho.org/graphql';
121
- const MARKET_QUERY = `
122
- query MarketByUniqueKey($uniqueKey: String!, $chainId: Int!) {
123
- marketByUniqueKey(uniqueKey: $uniqueKey, chainId: $chainId) {
124
- reallocatableLiquidityAssets
125
- targetBorrowUtilization
126
- loanAsset {
127
- address
128
- decimals
129
- priceUsd
130
- }
131
- state {
132
- liquidityAssets
133
- borrowAssets
134
- supplyAssets
135
- }
136
- publicAllocatorSharedLiquidity {
137
- assets
138
- vault {
139
- address
140
- name
141
- }
142
- allocationMarket {
143
- uniqueKey
144
- loanAsset {
145
- address
146
- }
147
- collateralAsset {
148
- address
149
- }
150
- irmAddress
151
- oracle {
152
- address
153
- }
154
- lltv
155
- }
156
- }
157
- loanAsset {
158
- address
159
- }
160
- collateralAsset {
161
- address
162
- }
163
- oracle {
164
- address
165
- }
166
- irmAddress
167
- lltv
168
- }
169
- }
121
+ const MARKET_QUERY = `
122
+ query MarketByUniqueKey($uniqueKey: String!, $chainId: Int!) {
123
+ marketByUniqueKey(uniqueKey: $uniqueKey, chainId: $chainId) {
124
+ reallocatableLiquidityAssets
125
+ targetBorrowUtilization
126
+ loanAsset {
127
+ address
128
+ decimals
129
+ priceUsd
130
+ }
131
+ state {
132
+ liquidityAssets
133
+ borrowAssets
134
+ supplyAssets
135
+ }
136
+ publicAllocatorSharedLiquidity {
137
+ assets
138
+ vault {
139
+ address
140
+ name
141
+ }
142
+ allocationMarket {
143
+ uniqueKey
144
+ loanAsset {
145
+ address
146
+ }
147
+ collateralAsset {
148
+ address
149
+ }
150
+ irmAddress
151
+ oracle {
152
+ address
153
+ }
154
+ lltv
155
+ }
156
+ }
157
+ loanAsset {
158
+ address
159
+ }
160
+ collateralAsset {
161
+ address
162
+ }
163
+ oracle {
164
+ address
165
+ }
166
+ irmAddress
167
+ lltv
168
+ }
169
+ }
170
170
  `;
171
- const REWARDS_QUERY = `
172
- query MarketByUniqueKey($uniqueKey: String!, $chainId: Int!) {
173
- marketByUniqueKey(uniqueKey: $uniqueKey, chainId: $chainId) {
174
- uniqueKey
175
- state {
176
- rewards {
177
- amountPerSuppliedToken
178
- supplyApr
179
- amountPerBorrowedToken
180
- borrowApr
181
- asset {
182
- address
183
- }
184
- }
185
- }
186
- }
187
- }
171
+ const REWARDS_QUERY = `
172
+ query MarketByUniqueKey($uniqueKey: String!, $chainId: Int!) {
173
+ marketByUniqueKey(uniqueKey: $uniqueKey, chainId: $chainId) {
174
+ uniqueKey
175
+ state {
176
+ rewards {
177
+ amountPerSuppliedToken
178
+ supplyApr
179
+ amountPerBorrowedToken
180
+ borrowApr
181
+ asset {
182
+ address
183
+ }
184
+ }
185
+ }
186
+ }
187
+ }
188
188
  `;
189
189
  /**
190
190
  * Get reallocatable liquidity to a given market and target borrow utilization
@@ -15,6 +15,8 @@ export declare const getLiquityV2UserTroveIds: (provider: EthereumProvider, netw
15
15
  }[];
16
16
  nextFreeTroveIndex: string;
17
17
  }>;
18
+ export declare const calculateDebtInFrontLiquityV2: (markets: Record<LiquityV2Versions, LiquityV2MarketData>, selectedMarket: LiquityV2Versions, allMarketsUnbackedDebts: Record<LiquityV2Versions, string>, interestRateDebtInFront: string) => string;
19
+ export declare const getDebtInFrontForInterestRateIncludingNewDebtLiquityV2: (newDebt: string, markets: Record<LiquityV2Versions, LiquityV2MarketData>, selectedMarket: LiquityV2Versions, provider: Client, network: NetworkNumber, interestRate: string) => Promise<string>;
18
20
  export declare const getDebtInFrontForInterestRateLiquityV2: (markets: Record<LiquityV2Versions, LiquityV2MarketData>, selectedMarket: LiquityV2Versions, provider: EthereumProvider, network: NetworkNumber, isLegacy: boolean, interestRate: string, debtInFrontBeingMoved?: string) => Promise<string>;
19
21
  export declare const _getLiquityV2TroveData: (provider: Client, network: NetworkNumber, { selectedMarket, assetsData, troveId, allMarketsData, }: {
20
22
  selectedMarket: LiquityV2MarketInfo;
@@ -190,12 +190,40 @@ const getAllMarketsUnbackedDebts = (markets, isLegacy, provider, network) => __a
190
190
  })));
191
191
  return Object.fromEntries(allMarketsUnbackedDebt);
192
192
  });
193
- const calculateDebtInFrontLiquityV2 = (markets, selectedMarket, allMarketsUnbackedDebts, interestRateDebtInFront) => {
193
+ export const calculateDebtInFrontLiquityV2 = (markets, selectedMarket, allMarketsUnbackedDebts, interestRateDebtInFront) => {
194
+ // Sanity check to avoid division by 0. Very unlikely to ever happen.
195
+ const selectedMarketTotalBorrow = new Dec(markets[selectedMarket].assetsData[LiquityV2Markets(NetworkNumber.Eth)[selectedMarket].debtToken].totalBorrow);
196
+ if (selectedMarketTotalBorrow.eq(0))
197
+ return new Dec(0).toString();
194
198
  const selectedMarketUnbackedDebt = new Dec(allMarketsUnbackedDebts[selectedMarket]);
195
199
  const { isLegacy } = LiquityV2Markets(NetworkNumber.Eth)[selectedMarket];
196
- if (selectedMarketUnbackedDebt.eq(0))
197
- return interestRateDebtInFront;
198
- const amountBeingReedemedOnEachMarket = Object.entries(markets).map(([version, market]) => {
200
+ const totalUnbackedDebt = Object.values(allMarketsUnbackedDebts).reduce((acc, val) => acc.plus(new Dec(val)), new Dec(0));
201
+ // When totalUnbackedDebt is 0, redemptions will be proportional with the branch size and not to unbacked debt.
202
+ // When unbacked debt is 0 for branch, next redemption call won't touch that branch, so in order to estimate total debt in front we will:
203
+ // - First add up all the unbacked debt from other branches, as that will be the only debt that will be redeemed on the fist redemption call
204
+ // - Perform split the same way as we would do when totalUnbackedDebt == 0, this would represent the second call to the redemption function
205
+ if (selectedMarketUnbackedDebt.eq(0)) {
206
+ // Special case if the branch debt in front is 0, it means that all debt in front is unbacked debt from other branches.
207
+ if (new Dec(interestRateDebtInFront).eq(0))
208
+ return totalUnbackedDebt.toString();
209
+ // Then calculate how much of that estimated amount would go to each branch
210
+ // Second redemption call - calculate proportional redemption based on updated total debt
211
+ const amountBeingRedeemedOnEachMarketByTotalBorrow = Object.entries(markets).map(([version, market]) => {
212
+ const { isLegacy: isLegacyMarket } = LiquityV2Markets(NetworkNumber.Eth)[version];
213
+ if (version === selectedMarket && isLegacyMarket !== isLegacy)
214
+ return new Dec(interestRateDebtInFront);
215
+ const { assetsData } = market;
216
+ const { debtToken } = LiquityV2Markets(NetworkNumber.Eth)[version];
217
+ // For other markets, subtract their unbacked debt as it will be cleared in first redemption call
218
+ const marketUnbackedDebt = new Dec(allMarketsUnbackedDebts[version]);
219
+ const totalBorrow = new Dec(assetsData[debtToken].totalBorrow).sub(marketUnbackedDebt);
220
+ const amountToRedeem = new Dec(interestRateDebtInFront).mul(totalBorrow).div(selectedMarketTotalBorrow);
221
+ return Dec.min(amountToRedeem, totalBorrow);
222
+ });
223
+ const redemptionAmount = amountBeingRedeemedOnEachMarketByTotalBorrow.reduce((acc, val) => acc.plus(val), new Dec(0));
224
+ return totalUnbackedDebt.plus(redemptionAmount).toString();
225
+ }
226
+ const amountBeingRedeemedOnEachMarketByUnbackedDebt = Object.entries(markets).map(([version, market]) => {
199
227
  const { isLegacy: isLegacyMarket } = LiquityV2Markets(NetworkNumber.Eth)[version];
200
228
  if (version === selectedMarket && isLegacyMarket !== isLegacy)
201
229
  return new Dec(interestRateDebtInFront);
@@ -203,11 +231,24 @@ const calculateDebtInFrontLiquityV2 = (markets, selectedMarket, allMarketsUnback
203
231
  const { debtToken } = LiquityV2Markets(NetworkNumber.Eth)[version];
204
232
  const unbackedDebt = new Dec(allMarketsUnbackedDebts[version]);
205
233
  const totalBorrow = new Dec(assetsData[debtToken].totalBorrow);
206
- const amountToReedem = new Dec(interestRateDebtInFront).mul(unbackedDebt).div(selectedMarketUnbackedDebt);
207
- return Dec.min(amountToReedem, totalBorrow);
234
+ const amountToRedeem = new Dec(interestRateDebtInFront).mul(unbackedDebt).div(selectedMarketUnbackedDebt);
235
+ return Dec.min(amountToRedeem, totalBorrow);
208
236
  });
209
- return amountBeingReedemedOnEachMarket.reduce((acc, val) => acc.plus(val), new Dec(0)).toString();
237
+ return amountBeingRedeemedOnEachMarketByUnbackedDebt.reduce((acc, val) => acc.plus(val), new Dec(0)).toString();
210
238
  };
239
+ // @dev The amount redeemed on each branch depends on the unbacked debt of every branch (the difference between total borrow and stability pool deposits).
240
+ // When new debt is generated on the selected market, the unbacked debt will increase, resulting in a higher redemption amount on that branch.
241
+ // This function accepts the new debt that's about to be generated (e.g., trove creation) and estimates the debt in front based on the new state.
242
+ export const getDebtInFrontForInterestRateIncludingNewDebtLiquityV2 = (newDebt, markets, selectedMarket, provider, network, interestRate) => __awaiter(void 0, void 0, void 0, function* () {
243
+ const marketsWithNewDebt = structuredClone(markets);
244
+ const selectedMarketDebtToken = LiquityV2Markets(network)[selectedMarket].debtToken;
245
+ const currentTotalBorrow = new Dec(marketsWithNewDebt[selectedMarket].assetsData[selectedMarketDebtToken].totalBorrow);
246
+ marketsWithNewDebt[selectedMarket].assetsData[selectedMarketDebtToken].totalBorrow = currentTotalBorrow.add(newDebt).toString();
247
+ const { isLegacy } = LiquityV2Markets(NetworkNumber.Eth)[selectedMarket];
248
+ const allMarketsUnbackedDebts = yield getAllMarketsUnbackedDebts(marketsWithNewDebt, isLegacy, provider, network);
249
+ const interestRateDebtInFront = new Dec(yield getDebtInFrontForInterestRateSingleMarketLiquityV2(provider, network, isLegacy, LiquityV2Markets(network)[selectedMarket].marketAddress, interestRate));
250
+ return calculateDebtInFrontLiquityV2(marketsWithNewDebt, selectedMarket, allMarketsUnbackedDebts, interestRateDebtInFront.toString());
251
+ });
211
252
  const getDebtInFrontLiquityV2 = (markets, selectedMarket, provider, network, viewContract, troveId) => __awaiter(void 0, void 0, void 0, function* () {
212
253
  const { isLegacy } = LiquityV2Markets(NetworkNumber.Eth)[selectedMarket];
213
254
  const allMarketsUnbackedDebts = yield getAllMarketsUnbackedDebts(markets, isLegacy, provider, network);