@gala-chain/launchpad 1.0.15 → 1.0.17

package/package.json

@@ -1,6 +1,6 @@
 {
   "name": "@gala-chain/launchpad",
-  "version": "1.0.15",
+  "version": "1.0.17",
   "description": "GalaChain Launchpad Chaincode",
   "main": "lib/src/index.js",
   "types": "lib/src/index.d.ts",

package/src/api/types/LaunchpadDtos.ts

@@ -104,18 +104,6 @@ export class CreateTokenSaleDTO extends SubmitCallDTO {
   @BigNumberProperty()
   public preBuyQuantity: BigNumber;
 
-  @IsString()
-  @IsOptional()
-  public websiteUrl?: string;
-
-  @IsString()
-  @IsOptional()
-  public telegramUrl?: string;
-
-  @IsString()
-  @IsOptional()
-  public twitterUrl?: string;
-
   @IsOptional()
   @IsInt()
   public saleStartTime?: number;
@@ -125,6 +113,12 @@ export class CreateTokenSaleDTO extends SubmitCallDTO {
   @Type(() => ReverseBondingCurveConfigurationDto)
   public reverseBondingCurveConfiguration?: ReverseBondingCurveConfigurationDto;
 
+  @IsOptional()
+  @IsNumber()
+  @Min(100)
+  @Max(100)
+  public adjustableSupplyMultiplier?: number;
+
   constructor(
     tokenName: string,
     tokenSymbol: string,
@@ -134,7 +128,8 @@ export class CreateTokenSaleDTO extends SubmitCallDTO {
     tokenCollection: string,
     tokenCategory: string,
     reverseBondingCurveConfiguration?: ReverseBondingCurveConfigurationDto,
-    saleStartTime?: number
+    saleStartTime?: number,
+    adjustableSupplyMultiplier?: number
   ) {
     super();
     this.tokenName = tokenName;
@@ -149,6 +144,10 @@ export class CreateTokenSaleDTO extends SubmitCallDTO {
     if (saleStartTime !== undefined) {
       this.saleStartTime = saleStartTime;
     }
+
+    if (adjustableSupplyMultiplier !== undefined) {
+      this.adjustableSupplyMultiplier = adjustableSupplyMultiplier;
+    }
   }
 }
 
@@ -165,15 +164,6 @@ export class CreateSaleResDto {
   @IsNotEmpty()
   public description: string;
 
-  @IsOptional()
-  public websiteUrl?: string;
-
-  @IsOptional()
-  public telegramUrl?: string;
-
-  @IsOptional()
-  public twitterUrl?: string;
-
   @IsNotEmpty()
   public initialBuyQuantity: string;
 

package/src/api/types/LaunchpadSale.ts

@@ -23,7 +23,16 @@ import {
 } from "@gala-chain/api";
 import BigNumber from "bignumber.js";
 import { Exclude, Type } from "class-transformer";
-import { IsInt, IsNotEmpty, IsOptional, IsPositive, IsString, ValidateNested } from "class-validator";
+import {
+  IsInt,
+  IsNotEmpty,
+  IsNumber,
+  IsOptional,
+  IsPositive,
+  IsString,
+  Min,
+  ValidateNested
+} from "class-validator";
 import { JSONSchema } from "class-validator-jsonschema";
 
 import { ReverseBondingCurveConfigurationChainObject } from "./LaunchpadDtos";
@@ -93,6 +102,15 @@ export class LaunchpadSale extends ChainObject {
   @Type(() => ReverseBondingCurveConfigurationChainObject)
   public reverseBondingCurveConfiguration?: ReverseBondingCurveConfigurationChainObject;
 
+  /**
+   * Optional multiplier used to scale token output (both in bonding curve calculations and initial
+   * minting) while preserving the same economics and curve shape.
+   */
+  @IsOptional()
+  @IsNumber()
+  @Min(0)
+  public adjustableSupplyMultiplier?: number;
+
   @JSONSchema({
     description:
       "The market cap has been calculated using the bonding curve equations to approximate a specific final price."
@@ -121,7 +139,8 @@ export class LaunchpadSale extends ChainObject {
     sellingToken: TokenInstanceKey,
     reverseBondingCurveConfiguration: ReverseBondingCurveConfigurationChainObject | undefined,
     saleOwner: UserAlias,
-    saleStartTime?: number | undefined
+    saleStartTime?: number | undefined,
+    adjustableSupplyMultiplier?: number
   ) {
     super();
 
@@ -129,7 +148,6 @@ export class LaunchpadSale extends ChainObject {
     this.saleOwner = saleOwner;
 
     this.sellingToken = sellingToken;
-    this.sellingTokenQuantity = "1e+7";
 
     if (saleStartTime) {
       this.saleStartTime = saleStartTime;
@@ -141,9 +159,19 @@ export class LaunchpadSale extends ChainObject {
       this.saleStatus = SaleStatus.ONGOING;
     }
 
-    this.basePrice = new BigNumber(LaunchpadSale.BASE_PRICE);
-    this.exponentFactor = new BigNumber("1166069000000");
-    this.maxSupply = new BigNumber("1e+7");
+    if (adjustableSupplyMultiplier !== undefined) {
+      this.adjustableSupplyMultiplier = adjustableSupplyMultiplier;
+      this.basePrice = new BigNumber(LaunchpadSale.BASE_PRICE).dividedBy(adjustableSupplyMultiplier);
+      this.exponentFactor = new BigNumber("1166069000000");
+      this.maxSupply = new BigNumber("1e+7").times(adjustableSupplyMultiplier);
+      this.sellingTokenQuantity = new BigNumber("1e+7").times(adjustableSupplyMultiplier).toString();
+    } else {
+      this.basePrice = new BigNumber(LaunchpadSale.BASE_PRICE);
+      this.exponentFactor = new BigNumber("1166069000000");
+      this.maxSupply = new BigNumber("1e+7");
+      this.sellingTokenQuantity = "1e+7";
+    }
+
     this.euler = new BigNumber("2.7182818284590452353602874713527");
 
     const nativeTokenInstance = new TokenInstanceKey();

package/src/chaincode/launchpad/buyExactToken.spec.ts

@@ -32,6 +32,7 @@ import {
   LaunchpadFeeConfig,
   LaunchpadSale,
   NativeTokenQuantityDto,
+  SaleStatus,
   TradeResDto
 } from "../../api/types";
 import { LaunchpadContract } from "../LaunchpadContract";
@@ -304,4 +305,236 @@ describe("buyWithNative", () => {
       )
     );
   });
+
+  test("Full sale purchase yields expected totals for 10 Million token sale", async () => {
+    // Given
+    salelaunchpadGalaBalance = plainToInstance(TokenBalance, {
+      ...launchpadgala.tokenBalance(),
+      owner: vaultAddress,
+      quantity: new BigNumber("0")
+    });
+
+    saleCurrencyBalance = plainToInstance(TokenBalance, {
+      ...currency.tokenBalance(),
+      owner: vaultAddress,
+      quantity: new BigNumber("2e+7")
+    });
+
+    userlaunchpadGalaBalance = plainToInstance(TokenBalance, {
+      ...launchpadgala.tokenBalance(),
+      owner: users.testUser1.identityKey,
+      quantity: new BigNumber("100000000")
+    });
+
+    userCurrencyBalance = plainToInstance(TokenBalance, {
+      ...currency.tokenBalance(),
+      owner: users.testUser1.identityKey,
+      quantity: new BigNumber("0")
+    });
+
+    const launchpadConfig = new LaunchpadFeeConfig(users.testUser2.identityKey, Number("0.001"), [
+      users.testUser2.identityKey
+    ]);
+
+    const userStartingGalaQuantity = userlaunchpadGalaBalance.getQuantityTotal();
+
+    const { ctx, contract, getWrites } = fixture(LaunchpadContract)
+      .registeredUsers(users.testUser1)
+      .savedState(
+        currencyClass,
+        currencyInstance,
+        launchpadConfig,
+        launchpadGalaClass,
+        launchpadGalaInstance,
+        sale,
+        salelaunchpadGalaBalance,
+        saleCurrencyBalance,
+        userlaunchpadGalaBalance,
+        userCurrencyBalance
+      );
+
+    // When
+    for (let i = 0; i < 50; i++) {
+      const dto = new ExactTokenQuantityDto(vaultAddress, new BigNumber("200000"));
+
+      dto.uniqueKey = randomUniqueKey();
+      dto.sign(users.testUser1.privateKey);
+
+      const buyTokenRes = await contract.BuyExactToken(ctx, dto);
+
+      expect(buyTokenRes).toEqual(transactionSuccess());
+    }
+
+    // Then
+    const saleKey = sale.getCompositeKey();
+    const userGalaBalanceKey = userlaunchpadGalaBalance.getCompositeKey();
+    const userMemeBalanceKey = userCurrencyBalance.getCompositeKey();
+
+    const writes = getWrites();
+
+    const finalSaleData = JSON.parse(writes[saleKey]);
+    const finalUserGalaBalanceData = JSON.parse(writes[userGalaBalanceKey]);
+    const finalUserMemeBalanceData = JSON.parse(writes[userMemeBalanceKey]);
+
+    expect(finalSaleData).toEqual(
+      expect.objectContaining({
+        saleStatus: SaleStatus.END
+      })
+    );
+
+    const finalUserGalaQuantity = new BigNumber(finalUserGalaBalanceData.quantity);
+    const finalUserMemeQuantity = new BigNumber(finalUserMemeBalanceData.quantity);
+
+    // user bought full sale quantity of ten million
+    expect(finalUserMemeQuantity).toEqual(new BigNumber("10000000"));
+    expect(userStartingGalaQuantity.minus(finalUserGalaQuantity)).toEqual(new BigNumber("1560577.53780865"));
+  });
+
+  test("Adjustable supply: single transaction", async () => {
+    // Given
+    const multiplier = 100;
+
+    sale = new LaunchpadSale(
+      vaultAddress,
+      currencyInstance.instanceKeyObj(),
+      undefined,
+      users.testUser1.identityKey,
+      undefined,
+      multiplier
+    );
+
+    const { ctx, contract } = fixture(LaunchpadContract)
+      .registeredUsers(users.testUser1)
+      .savedState(
+        currencyClass,
+        currencyInstance,
+        launchpadGalaClass,
+        launchpadGalaInstance,
+        sale,
+        salelaunchpadGalaBalance,
+        saleCurrencyBalance,
+        userlaunchpadGalaBalance,
+        userCurrencyBalance
+      );
+
+    const dto = new ExactTokenQuantityDto(vaultAddress, new BigNumber("500").times(multiplier));
+
+    dto.uniqueKey = randomUniqueKey();
+    dto.sign(users.testUser1.privateKey);
+
+    const expectedResponse = plainToInstance(TradeResDto, {
+      inputQuantity: "0.00825575",
+      totalFees: "0",
+      totalTokenSold: new BigNumber("500").times(multiplier).toString(),
+      outputQuantity: new BigNumber("500").times(multiplier).toString(),
+      tokenName: "AUTOMATEDTESTCOIN",
+      tradeType: "Buy",
+      uniqueKey: dto.uniqueKey,
+      vaultAddress: "service|GALA$Unit$none$none$launchpad",
+      userAddress: "client|testUser1",
+      isFinalized: false,
+      functionName: "BuyExactToken"
+    });
+
+    // When
+    const buyTokenRes = await contract.BuyExactToken(ctx, dto);
+
+    // Then
+    expect(buyTokenRes).toEqual(transactionSuccess(expectedResponse));
+  });
+
+  test("Adjustable supply: Full sale purchase yields expected totals for 1 billion token sale", async () => {
+    // Given
+    const multiplier = 100;
+
+    sale = new LaunchpadSale(
+      vaultAddress,
+      currencyInstance.instanceKeyObj(),
+      undefined,
+      users.testUser1.identityKey,
+      undefined,
+      multiplier
+    );
+
+    salelaunchpadGalaBalance = plainToInstance(TokenBalance, {
+      ...launchpadgala.tokenBalance(),
+      owner: vaultAddress,
+      quantity: new BigNumber("0")
+    });
+
+    saleCurrencyBalance = plainToInstance(TokenBalance, {
+      ...currency.tokenBalance(),
+      owner: vaultAddress,
+      quantity: new BigNumber("2e+7").times(multiplier)
+    });
+
+    userlaunchpadGalaBalance = plainToInstance(TokenBalance, {
+      ...launchpadgala.tokenBalance(),
+      owner: users.testUser1.identityKey,
+      quantity: new BigNumber("100000000")
+    });
+
+    userCurrencyBalance = plainToInstance(TokenBalance, {
+      ...currency.tokenBalance(),
+      owner: users.testUser1.identityKey,
+      quantity: new BigNumber("0")
+    });
+
+    const launchpadConfig = new LaunchpadFeeConfig(users.testUser2.identityKey, Number("0.001"), [
+      users.testUser2.identityKey
+    ]);
+
+    const userStartingGalaQuantity = userlaunchpadGalaBalance.getQuantityTotal();
+
+    const { ctx, contract, getWrites } = fixture(LaunchpadContract)
+      .registeredUsers(users.testUser1)
+      .savedState(
+        currencyClass,
+        currencyInstance,
+        launchpadConfig,
+        launchpadGalaClass,
+        launchpadGalaInstance,
+        sale,
+        salelaunchpadGalaBalance,
+        saleCurrencyBalance,
+        userlaunchpadGalaBalance,
+        userCurrencyBalance
+      );
+
+    // When
+    for (let i = 0; i < 50; i++) {
+      const dto = new ExactTokenQuantityDto(vaultAddress, new BigNumber("200000").times(multiplier));
+
+      dto.uniqueKey = randomUniqueKey();
+      dto.sign(users.testUser1.privateKey);
+
+      const buyTokenRes = await contract.BuyExactToken(ctx, dto);
+
+      expect(buyTokenRes).toEqual(transactionSuccess());
+    }
+
+    // Then
+    const saleKey = sale.getCompositeKey();
+    const userGalaBalanceKey = userlaunchpadGalaBalance.getCompositeKey();
+    const userMemeBalanceKey = userCurrencyBalance.getCompositeKey();
+
+    const writes = getWrites();
+
+    const finalSaleData = JSON.parse(writes[saleKey]);
+    const finalUserGalaBalanceData = JSON.parse(writes[userGalaBalanceKey]);
+    const finalUserMemeBalanceData = JSON.parse(writes[userMemeBalanceKey]);
+
+    expect(finalSaleData).toEqual(
+      expect.objectContaining({
+        saleStatus: SaleStatus.END
+      })
+    );
+
+    const finalUserGalaQuantity = new BigNumber(finalUserGalaBalanceData.quantity);
+    const finalUserMemeQuantity = new BigNumber(finalUserMemeBalanceData.quantity);
+
+    // user bought full sale quantity of ten million
+    expect(finalUserMemeQuantity).toEqual(new BigNumber("10000000").times(multiplier));
+    expect(userStartingGalaQuantity.minus(finalUserGalaQuantity)).toEqual(new BigNumber("1560577.53780865"));
+  });
 });

package/src/chaincode/launchpad/buyWithNative.spec.ts

@@ -347,8 +347,68 @@ describe("buyWithNative", () => {
       expect(difference.isLessThanOrEqualTo(tolerance)).toBe(true);
     }
   });
+
+  test("Adjustable supply: Single transaction", async () => {
+    //Given
+    const multiplier = 100;
+
+    sale = new LaunchpadSale(
+      vaultAddress,
+      currencyInstance.instanceKeyObj(),
+      undefined,
+      users.testUser1.identityKey,
+      undefined,
+      multiplier
+    );
+
+    saleCurrencyBalance = plainToInstance(TokenBalance, {
+      ...currency.tokenBalance(),
+      owner: vaultAddress,
+      quantity: new BigNumber("2e+7").times(multiplier)
+    });
+
+    const { ctx, contract } = fixture(LaunchpadContract)
+      .registeredUsers(users.testUser1)
+      .savedState(
+        currencyClass,
+        currencyInstance,
+        launchpadGalaClass,
+        launchpadGalaInstance,
+        sale,
+        salelaunchpadGalaBalance,
+        saleCurrencyBalance,
+        userlaunchpadGalaBalance,
+        userCurrencyBalance
+      );
+
+    const dto = new NativeTokenQuantityDto(vaultAddress, new BigNumber("150"));
+
+    dto.uniqueKey = randomUniqueKey();
+    dto.sign(users.testUser1.privateKey);
+
+    const expectedOutput = new BigNumber("2101667.8890651635").times(multiplier).toString();
+    const expectedResponse = plainToInstance(TradeResDto, {
+      inputQuantity: "150",
+      totalFees: "0",
+      totalTokenSold: expectedOutput,
+      outputQuantity: expectedOutput,
+      tokenName: "AUTOMATEDTESTCOIN",
+      tradeType: "Buy",
+      vaultAddress: "service|GALA$Unit$none$none$launchpad",
+      userAddress: "client|testUser1",
+      isFinalized: false,
+      functionName: "BuyWithNative",
+      uniqueKey: dto.uniqueKey
+    });
+
+    //When
+    const buyTokenRes = await contract.BuyWithNative(ctx, dto);
+
+    //Then
+    expect(buyTokenRes).toEqual(transactionSuccess(expectedResponse));
+  });
 });
-function roundToDecimal(value, decimals) {
+function roundToDecimal(value: number, decimals: number) {
   const factor = Math.pow(10, decimals);
   return Math.round(value * factor) / factor;
 }

package/src/chaincode/launchpad/buyWithNative.ts

@@ -59,10 +59,14 @@ export async function buyWithNative(
   const memeToken = sale.fetchSellingTokenInstanceKey();
 
   // If native tokens required exceeds the market cap, the sale can be finalized
+  const supplyCap =
+    sale.adjustableSupplyMultiplier !== undefined
+      ? new BigNumber(LaunchpadSale.MARKET_CAP).times(sale.adjustableSupplyMultiplier).toString()
+      : LaunchpadSale.MARKET_CAP;
   if (
     buyTokenDTO.nativeTokenQuantity
       .plus(new BigNumber(sale.nativeTokenQuantity))
-      .isGreaterThanOrEqualTo(new BigNumber(LaunchpadSale.MARKET_CAP))
+      .isGreaterThanOrEqualTo(new BigNumber(supplyCap))
   ) {
     isSaleFinalized = true;
   }

package/src/chaincode/launchpad/callMemeTokenIn.ts

@@ -30,15 +30,21 @@ function calculateMemeTokensRequired(
   sale: LaunchpadSale,
   requestedNativeTokenQuantity: BigNumber,
   nativeTokenDecimals: number,
-  sellingTokenDecimals: number
+  sellingTokenDecimals: number,
+  adjustableSupplyMultiplier?: number
 ): [string, string] {
   const totalTokensSold = new Decimal(sale.fetchTokensSold()); // current tokens sold / x
   let nativeTokens = new Decimal(requestedNativeTokenQuantity.toString()).toDecimalPlaces(
     nativeTokenDecimals,
     Decimal.ROUND_DOWN
   );
-  const basePrice = new Decimal(LaunchpadSale.BASE_PRICE); // base price / a
-  const { exponentFactor, euler, decimals } = getBondingConstants();
+
+  const basePrice =
+    adjustableSupplyMultiplier && adjustableSupplyMultiplier > 0
+      ? new Decimal(LaunchpadSale.BASE_PRICE).dividedBy(adjustableSupplyMultiplier)
+      : new Decimal(LaunchpadSale.BASE_PRICE);
+
+  const { exponentFactor, euler, decimals } = getBondingConstants(adjustableSupplyMultiplier);
 
   const nativeTokenInVault = new Decimal(sale.nativeTokenQuantity);
   if (nativeTokens.greaterThan(nativeTokenInVault)) {
@@ -90,7 +96,8 @@ export async function callMemeTokenIn(
     sale,
     sellTokenDTO.nativeTokenQuantity,
     nativeTokenDecimals,
-    sellingTokenDecimals
+    sellingTokenDecimals,
+    sale.adjustableSupplyMultiplier
   );
 
   return {

package/src/chaincode/launchpad/callMemeTokenOut.ts

@@ -29,15 +29,26 @@ function calculateTokensPurchasable(
   nativeTokens: Decimal,
   totalTokensSold: Decimal,
   nativeTokenDecimals: number,
-  sellingTokenDecimals: number
+  sellingTokenDecimals: number,
+  adjustableSupplyMultiplier?: number
 ): [string, string] {
-  const basePrice = new Decimal(LaunchpadSale.BASE_PRICE);
-  const { exponentFactor, euler, decimals } = getBondingConstants();
+  const basePrice =
+    adjustableSupplyMultiplier && adjustableSupplyMultiplier > 0
+      ? new Decimal(LaunchpadSale.BASE_PRICE).dividedBy(adjustableSupplyMultiplier)
+      : new Decimal(LaunchpadSale.BASE_PRICE);
+
+  const { exponentFactor, euler, decimals } = getBondingConstants(adjustableSupplyMultiplier);
 
   // Round native tokens, then calculate tokens based on that rounded amount
   const roundedNativeTokens = nativeTokens.toDecimalPlaces(nativeTokenDecimals, Decimal.ROUND_UP);
 
-  // Calculate tokens purchasable: newTokens = (decimals / exponentFactor) * ln((nativeTokens * exponentFactor / basePrice) + e^(exponentFactor * totalTokensSold / decimals)) - totalTokensSold
+  // Calculate tokens purchasable:
+  // newTokens = (decimals / exponentFactor) *
+  // ln(
+  //   (nativeTokens * exponentFactor / basePrice) +
+  //   e^(exponentFactor * totalTokensSold / decimals)
+  // ) -
+  // totalTokensSold
   // Where:
   //   constant = nativeTokens * exponentFactor / basePrice
   //   exponent1 = exponentFactor * totalTokensSold / decimals
@@ -55,9 +66,13 @@ function calculateTokensPurchasable(
   const result = lnEthScaledBase.minus(totalTokensSold);
   let roundedResult = result.toDecimalPlaces(sellingTokenDecimals, Decimal.ROUND_DOWN);
 
-  // Cap total supply to 10 million
-  if (roundedResult.add(totalTokensSold).greaterThan(new Decimal("1e+7"))) {
-    roundedResult = new Decimal("1e+7").minus(new Decimal(totalTokensSold));
+  // Cap total supply
+  const supplyCap = adjustableSupplyMultiplier
+    ? new BigNumber(1e7).times(adjustableSupplyMultiplier).toString()
+    : "1e+7";
+
+  if (roundedResult.add(totalTokensSold).greaterThan(new Decimal(supplyCap))) {
+    roundedResult = new Decimal(supplyCap).minus(new Decimal(totalTokensSold));
   }
 
   return [roundedNativeTokens.toFixed(), roundedResult.toFixed()];
@@ -119,7 +134,8 @@ export async function callMemeTokenOut(
     nativeTokens,
     totalTokensSold,
     nativeTokenDecimals,
-    sellingTokenDecimals
+    sellingTokenDecimals,
+    sale?.adjustableSupplyMultiplier
   );
 
   // Fetch fee configuration and return result

package/src/chaincode/launchpad/callNativeTokenIn.ts

@@ -29,15 +29,25 @@ function calculateNativeTokensRequired(
   tokensToBuy: Decimal,
   totalTokensSold: Decimal,
   sellingTokenDecimals: number,
-  nativeTokenDecimals: number
+  nativeTokenDecimals: number,
+  adjustableSupplyMultiplier?: number
 ): [string, string] {
-  const basePrice = new Decimal(LaunchpadSale.BASE_PRICE);
-  const { exponentFactor, euler, decimals } = getBondingConstants();
+  const basePrice =
+    adjustableSupplyMultiplier && adjustableSupplyMultiplier > 0
+      ? new Decimal(LaunchpadSale.BASE_PRICE).dividedBy(adjustableSupplyMultiplier)
+      : new Decimal(LaunchpadSale.BASE_PRICE);
+
+  const { exponentFactor, euler, decimals } = getBondingConstants(adjustableSupplyMultiplier);
 
   // Round tokens first, then calculate native tokens based on that rounded amount
   const roundedTokensToBuy = tokensToBuy.toDecimalPlaces(sellingTokenDecimals, Decimal.ROUND_DOWN);
 
-  // Calculate native tokens required: price = (basePrice / exponentFactor) * (e^(exponentFactor * (totalTokensSold + tokensToBuy) / decimals) - e^(exponentFactor * totalTokensSold / decimals))
+  // Calculate native tokens required:
+  // price = (basePrice / exponentFactor) *
+  // (
+  //   e^(exponentFactor * (totalTokensSold + tokensToBuy) / decimals) -
+  //   e^(exponentFactor * totalTokensSold / decimals)
+  // )
   // Where:
   //   exponent1 = exponentFactor * (totalTokensSold + tokensToBuy) / decimals
   //   exponent2 = exponentFactor * totalTokensSold / decimals
@@ -81,13 +91,13 @@ export async function callNativeTokenIn(
   ctx: GalaChainContext,
   buyTokenDTO: ExactTokenQuantityDto
 ): Promise<TradeCalculationResDto> {
-  const sale = await fetchAndValidateSale(ctx, buyTokenDTO.vaultAddress);
+  const sale: LaunchpadSale = await fetchAndValidateSale(ctx, buyTokenDTO.vaultAddress);
   const totalTokensSold = new Decimal(sale.fetchTokensSold());
 
   let tokensToBuy = new Decimal(buyTokenDTO.tokenQuantity.toString());
 
   // Adjust tokensToBuy if user is trying to buy more tokens than the total supply
-  if (tokensToBuy.add(totalTokensSold).greaterThan(new Decimal("1e+7"))) {
+  if (tokensToBuy.add(totalTokensSold).greaterThan(new Decimal(sale.maxSupply.toString()))) {
     tokensToBuy = new Decimal(sale.sellingTokenQuantity);
   }
 
@@ -99,7 +109,8 @@ export async function callNativeTokenIn(
     tokensToBuy,
     totalTokensSold,
     sellingTokenDecimals,
-    nativeTokenDecimals
+    nativeTokenDecimals,
+    sale.adjustableSupplyMultiplier
   );
 
   const launchpadFeeAddressConfiguration = await fetchLaunchpadFeeAddress(ctx);

package/src/chaincode/launchpad/callNativeTokenOut.ts

@@ -29,13 +29,18 @@ function calculateNativeTokensReceived(
   sale: LaunchpadSale,
   tokensToSellBn: BigNumber,
   sellingTokenDecimals: number,
-  nativeTokenDecimals: number
+  nativeTokenDecimals: number,
+  adjustableSupplyMultiplier?: number
 ): [string, string] {
   const totalTokensSold = new Decimal(sale.fetchTokensSold());
 
   let tokensToSell = new Decimal(tokensToSellBn.toString());
-  const basePrice = new Decimal(LaunchpadSale.BASE_PRICE);
-  const { exponentFactor, euler, decimals } = getBondingConstants();
+  const basePrice =
+    adjustableSupplyMultiplier && adjustableSupplyMultiplier > 0
+      ? new Decimal(LaunchpadSale.BASE_PRICE).dividedBy(adjustableSupplyMultiplier)
+      : new Decimal(LaunchpadSale.BASE_PRICE);
+
+  const { exponentFactor, euler, decimals } = getBondingConstants(adjustableSupplyMultiplier);
 
   let newTotalTokensSold = totalTokensSold.minus(tokensToSell);
 
@@ -88,7 +93,8 @@ export async function callNativeTokenOut(
     sale,
     sellTokenDTO.tokenQuantity,
     sellingTokenDecimals,
-    nativeTokenDecimals
+    nativeTokenDecimals,
+    sale.adjustableSupplyMultiplier
   );
   const launchpadFeeAddressConfiguration = await fetchLaunchpadFeeAddress(ctx);