@kamino-finance/klend-sdk 7.3.5-beta.0 → 7.3.6

package/dist/classes/obligation.js

@@ -0,0 +1,1171 @@
+"use strict";
+var __importDefault = (this && this.__importDefault) || function (mod) {
+    return (mod && mod.__esModule) ? mod : { "default": mod };
+};
+Object.defineProperty(exports, "__esModule", { value: true });
+exports.KaminoObligation = void 0;
+exports.isKaminoObligation = isKaminoObligation;
+/* eslint-disable max-classes-per-file */
+const kit_1 = require("@solana/kit");
+const decimal_js_1 = __importDefault(require("decimal.js"));
+const accounts_1 = require("../@codegen/klend/accounts");
+const bn_js_1 = __importDefault(require("bn.js"));
+const fraction_1 = require("./fraction");
+const types_1 = require("../@codegen/klend/types");
+const utils_1 = require("./utils");
+const utils_2 = require("../utils");
+const obligationOrder_1 = require("./obligationOrder");
+class KaminoObligation {
+    obligationAddress;
+    state;
+    /**
+     * Deposits stored in a map of reserve address to position
+     */
+    deposits;
+    /**
+     * Borrows stored in a map of reserve address to position
+     */
+    borrows;
+    refreshedStats;
+    obligationTag;
+    /**
+     * Initialise a new Obligation from the deserialized state
+     * @param market
+     * @param obligationAddress
+     * @param obligation
+     * @param collateralExchangeRates - rates from the market by reserve address, will be calculated if not provided
+     * @param cumulativeBorrowRates - rates from the market by reserve address, will be calculated if not provided
+     */
+    constructor(market, obligationAddress, obligation, collateralExchangeRates, cumulativeBorrowRates) {
+        this.obligationAddress = obligationAddress;
+        this.state = obligation;
+        const { borrows, deposits, refreshedStats } = this.calculatePositions(market, obligation.deposits, obligation.borrows, obligation.elevationGroup, collateralExchangeRates, cumulativeBorrowRates);
+        this.deposits = deposits;
+        this.borrows = borrows;
+        this.refreshedStats = refreshedStats;
+        this.obligationTag = obligation.tag.toNumber();
+    }
+    async getObligationId(market, mintAddress1 = (0, kit_1.none)(), mintAddress2 = (0, kit_1.none)()) {
+        if (this.state.lendingMarket !== market.getAddress()) {
+            throw new Error('Obligation does not belong to this market');
+        }
+        let obligationId;
+        const type = (0, utils_2.getObligationType)(market, this.obligationTag, mintAddress1, mintAddress2);
+        const baseArgs = type.toArgs();
+        for (let i = 0; i < utils_2.TOTAL_NUMBER_OF_IDS_TO_CHECK; i++) {
+            const pda = await (0, utils_2.getObligationPdaWithArgs)(market.getAddress(), this.state.owner, {
+                ...baseArgs,
+                id: i,
+            }, market.programId);
+            if (pda === this.obligationAddress) {
+                obligationId = i;
+                break;
+            }
+        }
+        if (obligationId === undefined) {
+            throw new Error(`obligation id not found for obligation ${this.obligationAddress.toString()}`);
+        }
+        return obligationId;
+    }
+    static async load(kaminoMarket, obligationAddress) {
+        const res = await kaminoMarket.getRpc().getAccountInfo(obligationAddress, { encoding: 'base64' }).send();
+        if (!res.value) {
+            return null;
+        }
+        const accInfo = res.value;
+        if (accInfo.owner !== kaminoMarket.programId) {
+            throw new Error("account doesn't belong to this program");
+        }
+        const obligation = accounts_1.Obligation.decode(Buffer.from(accInfo.data[0], 'base64'));
+        if (obligation === null) {
+            return null;
+        }
+        const { collateralExchangeRates, cumulativeBorrowRates } = KaminoObligation.getRatesForObligation(kaminoMarket, obligation, res.context.slot);
+        return new KaminoObligation(kaminoMarket, obligationAddress, obligation, collateralExchangeRates, cumulativeBorrowRates);
+    }
+    static async loadAll(kaminoMarket, obligationAddresses, slot) {
+        let currentSlot = slot;
+        let obligations;
+        if (!currentSlot) {
+            [currentSlot, obligations] = await Promise.all([
+                kaminoMarket.getRpc().getSlot().send(),
+                accounts_1.Obligation.fetchMultiple(kaminoMarket.getRpc(), obligationAddresses, kaminoMarket.programId),
+            ]);
+        }
+        else {
+            obligations = await accounts_1.Obligation.fetchMultiple(kaminoMarket.getRpc(), obligationAddresses, kaminoMarket.programId);
+        }
+        const cumulativeBorrowRates = new Map();
+        const collateralExchangeRates = new Map();
+        for (const obligation of obligations) {
+            if (obligation !== null) {
+                KaminoObligation.addRatesForObligation(kaminoMarket, obligation, collateralExchangeRates, cumulativeBorrowRates, currentSlot);
+            }
+        }
+        return obligations.map((obligation, i) => {
+            if (obligation === null) {
+                return null;
+            }
+            return new KaminoObligation(kaminoMarket, obligationAddresses[i], obligation, collateralExchangeRates, cumulativeBorrowRates);
+        });
+    }
+    /**
+     * @returns the obligation borrows as a list
+     */
+    getBorrows() {
+        return [...this.borrows.values()];
+    }
+    /**
+     * @returns the obligation borrows as a list
+     */
+    getDeposits() {
+        return [...this.deposits.values()];
+    }
+    /**
+     * Returns obligation orders (including the null ones, i.e. non-active positions in the orders' array).
+     */
+    getOrders() {
+        return this.state.orders.map((order) => obligationOrder_1.KaminoObligationOrder.fromState(order));
+    }
+    /**
+     * Returns active obligation orders (i.e. ones that *may* have their condition met).
+     */
+    getActiveOrders() {
+        return this.getOrders().filter((order) => order !== null);
+    }
+    /**
+     * @returns the total deposited value of the obligation (sum of all deposits)
+     */
+    getDepositedValue() {
+        return new fraction_1.Fraction(this.state.depositedValueSf).toDecimal();
+    }
+    /**
+     * @returns the total borrowed value of the obligation (sum of all borrows -- no borrow factor)
+     */
+    getBorrowedMarketValue() {
+        return new fraction_1.Fraction(this.state.borrowedAssetsMarketValueSf).toDecimal();
+    }
+    /**
+     * @returns the total borrowed value of the obligation (sum of all borrows -- with borrow factor weighting)
+     */
+    getBorrowedMarketValueBFAdjusted() {
+        return new fraction_1.Fraction(this.state.borrowFactorAdjustedDebtValueSf).toDecimal();
+    }
+    /**
+     * @returns total borrow power of the obligation, relative to max LTV of each asset's reserve
+     */
+    getMaxAllowedBorrowValue() {
+        return new fraction_1.Fraction(this.state.allowedBorrowValueSf).toDecimal();
+    }
+    /**
+     * @returns the borrow value at which the obligation gets liquidatable
+     * (relative to the liquidation threshold of each asset's reserve)
+     */
+    getUnhealthyBorrowValue() {
+        return new fraction_1.Fraction(this.state.unhealthyBorrowValueSf).toDecimal();
+    }
+    /**
+     *
+     * @returns Market value of the deposit in the specified obligation collateral/deposit asset (USD)
+     */
+    getDepositMarketValue(deposit) {
+        return new fraction_1.Fraction(deposit.marketValueSf).toDecimal();
+    }
+    getBorrowByReserve(reserve) {
+        return this.borrows.get(reserve);
+    }
+    getDepositByReserve(reserve) {
+        return this.deposits.get(reserve);
+    }
+    getBorrowByMint(mint) {
+        for (const value of this.borrows.values()) {
+            if (value.mintAddress === mint) {
+                return value;
+            }
+        }
+        return undefined;
+    }
+    getBorrowAmountByReserve(reserve) {
+        const amountLamports = this.getBorrowByMint(reserve.getLiquidityMint())?.amount ?? new decimal_js_1.default(0);
+        return amountLamports.div(reserve.getMintFactor());
+    }
+    getDepositByMint(mint) {
+        for (const value of this.deposits.values()) {
+            if (value.mintAddress === mint) {
+                return value;
+            }
+        }
+        return undefined;
+    }
+    getDepositAmountByReserve(reserve) {
+        const amountLamports = this.getDepositByMint(reserve.getLiquidityMint())?.amount ?? new decimal_js_1.default(0);
+        return amountLamports.div(reserve.getMintFactor());
+    }
+    /**
+     *
+     * @returns Market value of the borrow in the specified obligation liquidity/borrow asset (USD) (no borrow factor weighting)
+     */
+    getBorrowMarketValue(borrow) {
+        return new fraction_1.Fraction(borrow.marketValueSf).toDecimal();
+    }
+    /**
+     *
+     * @returns Market value of the borrow in the specified obligation liquidity/borrow asset (USD) (with borrow factor weighting)
+     */
+    getBorrowMarketValueBFAdjusted(borrow) {
+        return new fraction_1.Fraction(borrow.borrowFactorAdjustedMarketValueSf).toDecimal();
+    }
+    /**
+     * Calculates the current ratio of borrowed value to deposited value (taking *all* deposits into account).
+     *
+     * Please note that the denominator here is different from the one found in `refreshedStats`:
+     * - the {@link ObligationStats#loanToValue} contains a value appropriate for display on the UI (i.e. taking into
+     *   account *only* the deposits having `reserve.loanToValue > 0`).
+     * - the computation below follows the logic used by the KLend smart contract, and is appropriate e.g. for evaluating
+     *   LTV-based obligation orders.
+     */
+    loanToValue() {
+        if (this.refreshedStats.userTotalDeposit.eq(0)) {
+            return new decimal_js_1.default(0);
+        }
+        return this.refreshedStats.userTotalBorrowBorrowFactorAdjusted.div(this.refreshedStats.userTotalDeposit);
+    }
+    /**
+     * Calculates the ratio of borrowed value to deposited value (taking *all* deposits into account) at which the
+     * obligation is subject to liquidation.
+     *
+     * Please note that the denominator here is different from the one found in `refreshedStats`:
+     * - the {@link ObligationStats#liquidationLtv} contains a value appropriate for display on the UI (i.e. taking into
+     *   account *only* the deposits having `reserve.liquidationLtv > 0`).
+     * - the computation below follows the logic used by the KLend smart contract, and is appropriate e.g. for evaluating
+     *   LTV-based obligation orders.
+     */
+    liquidationLtv() {
+        if (this.refreshedStats.userTotalDeposit.eq(0)) {
+            return new decimal_js_1.default(0);
+        }
+        return this.refreshedStats.borrowLiquidationLimit.div(this.refreshedStats.userTotalDeposit);
+    }
+    /**
+     * Calculate the current ratio of borrowed value to deposited value, disregarding the borrow factor.
+     */
+    noBfLoanToValue() {
+        if (this.refreshedStats.userTotalDeposit.eq(0)) {
+            return new decimal_js_1.default(0);
+        }
+        return this.refreshedStats.userTotalBorrow.div(this.refreshedStats.userTotalDeposit);
+    }
+    /**
+     * @returns the total number of positions (deposits + borrows)
+     */
+    getNumberOfPositions() {
+        return this.deposits.size + this.borrows.size;
+    }
+    getNetAccountValue() {
+        return this.refreshedStats.netAccountValue;
+    }
+    getReferrer() {
+        if (this.state.referrer === utils_2.DEFAULT_PUBLIC_KEY) {
+            return (0, kit_1.none)();
+        }
+        return (0, kit_1.some)(this.state.referrer);
+    }
+    /**
+     * Get the loan to value and liquidation loan to value for a collateral token reserve as ratios, accounting for the obligation elevation group if it is active
+     */
+    getLtvForReserve(market, reserveAddress) {
+        return KaminoObligation.getLtvForReserve(market, market.getExistingReserveByAddress(reserveAddress), this.state.elevationGroup);
+    }
+    /**
+     * @returns the potential elevation groups the obligation qualifies for
+     */
+    getElevationGroups(kaminoMarket) {
+        const reserves = new Map();
+        for (const deposit of this.state.deposits.values()) {
+            if ((0, utils_2.isNotNullPubkey)(deposit.depositReserve) && !reserves.has(deposit.depositReserve)) {
+                reserves.set(deposit.depositReserve, kaminoMarket.getReserveByAddress(deposit.depositReserve));
+            }
+        }
+        for (const borrow of this.state.borrows.values()) {
+            if ((0, utils_2.isNotNullPubkey)(borrow.borrowReserve) && !reserves.has(borrow.borrowReserve)) {
+                reserves.set(borrow.borrowReserve, kaminoMarket.getReserveByAddress(borrow.borrowReserve));
+            }
+        }
+        return KaminoObligation.getElevationGroupsForReserves([...reserves.values()]);
+    }
+    static getElevationGroupsForReserves(reserves) {
+        const elevationGroupsCounts = new Map();
+        for (const reserve of reserves) {
+            for (const elevationGroup of reserve.state.config.elevationGroups) {
+                if (elevationGroup !== 0) {
+                    const count = elevationGroupsCounts.get(elevationGroup);
+                    if (count) {
+                        elevationGroupsCounts.set(elevationGroup, count + 1);
+                    }
+                    else {
+                        elevationGroupsCounts.set(elevationGroup, 1);
+                    }
+                }
+            }
+        }
+        const activeElevationGroups = new Array();
+        for (const [group, count] of elevationGroupsCounts.entries()) {
+            if (count === reserves.length) {
+                activeElevationGroups.push(group);
+            }
+        }
+        return activeElevationGroups;
+    }
+    simulateDepositChange(obligationDeposits, depositChange, collateralExchangeRates) {
+        const newDeposits = [];
+        const depositIndex = obligationDeposits.findIndex((deposit) => deposit.depositReserve === depositChange.reserveAddress);
+        // Always copy the previous deposits and modify the changeReserve one if it exists
+        for (let i = 0; i < obligationDeposits.length; i++) {
+            if (obligationDeposits[i].depositReserve === depositChange.reserveAddress) {
+                const coll = { ...obligationDeposits[i] };
+                const exchangeRate = collateralExchangeRates.get(depositChange.reserveAddress);
+                const changeInCollateral = new decimal_js_1.default(depositChange.amountChangeLamports).mul(exchangeRate).toFixed(0);
+                const updatedDeposit = new decimal_js_1.default(obligationDeposits[i].depositedAmount.toNumber()).add(changeInCollateral);
+                coll.depositedAmount = new bn_js_1.default((0, utils_1.positiveOrZero)(updatedDeposit).toString());
+                newDeposits.push(new types_1.ObligationCollateral(coll));
+            }
+            else {
+                newDeposits.push(obligationDeposits[i]);
+            }
+        }
+        if (depositIndex === -1) {
+            // If the reserve is not in the obligation, we add it
+            const firstBorrowIndexAvailable = obligationDeposits.findIndex((deposit) => deposit.depositReserve === utils_2.DEFAULT_PUBLIC_KEY);
+            if (firstBorrowIndexAvailable === -1) {
+                throw new Error('No available borrows to modify');
+            }
+            const coll = { ...obligationDeposits[firstBorrowIndexAvailable] };
+            const exchangeRate = collateralExchangeRates.get(depositChange.reserveAddress);
+            const changeInCollateral = new decimal_js_1.default(depositChange.amountChangeLamports).mul(exchangeRate).toFixed(0);
+            coll.depositedAmount = new bn_js_1.default((0, utils_1.positiveOrZero)(new decimal_js_1.default(changeInCollateral)).toString());
+            coll.depositReserve = depositChange.reserveAddress;
+            newDeposits[firstBorrowIndexAvailable] = new types_1.ObligationCollateral(coll);
+        }
+        return newDeposits;
+    }
+    simulateBorrowChange(obligationBorrows, borrowChange, cumulativeBorrowRate) {
+        const newBorrows = [];
+        const borrowIndex = obligationBorrows.findIndex((borrow) => borrow.borrowReserve === borrowChange.reserveAddress);
+        // Always copy the previous borrows and modify the changeReserve one if it exists
+        for (let i = 0; i < obligationBorrows.length; i++) {
+            if (obligationBorrows[i].borrowReserve === borrowChange.reserveAddress) {
+                const borrow = { ...obligationBorrows[borrowIndex] };
+                const newBorrowedAmount = new fraction_1.Fraction(borrow.borrowedAmountSf)
+                    .toDecimal()
+                    .add(borrowChange.amountChangeLamports);
+                const newBorrowedAmountSf = fraction_1.Fraction.fromDecimal((0, utils_1.positiveOrZero)(newBorrowedAmount)).getValue();
+                borrow.borrowedAmountSf = newBorrowedAmountSf;
+                newBorrows.push(new types_1.ObligationLiquidity(borrow));
+            }
+            else {
+                newBorrows.push(obligationBorrows[i]);
+            }
+        }
+        if (borrowIndex === -1) {
+            // If the reserve is not in the obligation, we add it
+            const firstBorrowIndexAvailable = obligationBorrows.findIndex((borrow) => borrow.borrowReserve === utils_2.DEFAULT_PUBLIC_KEY);
+            if (firstBorrowIndexAvailable === -1) {
+                throw new Error('No available borrows to modify');
+            }
+            const borrow = { ...obligationBorrows[firstBorrowIndexAvailable] };
+            borrow.borrowedAmountSf = fraction_1.Fraction.fromDecimal(new decimal_js_1.default(borrowChange.amountChangeLamports)).getValue();
+            borrow.borrowReserve = borrowChange.reserveAddress;
+            borrow.cumulativeBorrowRateBsf = {
+                padding: [],
+                value: [fraction_1.Fraction.fromDecimal(cumulativeBorrowRate).getValue(), new bn_js_1.default(0), new bn_js_1.default(0), new bn_js_1.default(0)],
+            };
+            newBorrows[firstBorrowIndexAvailable] = new types_1.ObligationLiquidity(borrow);
+        }
+        return newBorrows;
+    }
+    /**
+     * Calculate the newly modified stats of the obligation
+     */
+    // TODO: Shall we set up position limits?
+    getSimulatedObligationStats(params) {
+        const { amountCollateral, amountDebt, action, mintCollateral, mintDebt, market } = params;
+        let newStats = { ...this.refreshedStats };
+        const collateralReservePk = mintCollateral ? market.getReserveByMint(mintCollateral).address : undefined;
+        const debtReservePk = mintDebt ? market.getReserveByMint(mintDebt).address : undefined;
+        const additionalReserves = [];
+        if (collateralReservePk !== undefined) {
+            additionalReserves.push(collateralReservePk);
+        }
+        if (debtReservePk !== undefined) {
+            additionalReserves.push(debtReservePk);
+        }
+        const { collateralExchangeRates } = KaminoObligation.getRatesForObligation(market, this.state, params.slot, additionalReserves);
+        const elevationGroup = params.elevationGroupOverride ?? this.state.elevationGroup;
+        let newDeposits = new Map([...this.deposits.entries()]);
+        let newBorrows = new Map([...this.borrows.entries()]);
+        // Any action can impact both deposit stats and borrow stats if elevation group is changed
+        // so we have to recalculate the entire position, not just an updated deposit or borrow
+        // as both LTVs and borrow factors can change, affecting all calcs
+        const debtReserveCumulativeBorrowRate = mintDebt
+            ? market.getReserveByMint(mintDebt).getCumulativeBorrowRate()
+            : undefined;
+        let newObligationDeposits = this.state.deposits;
+        let newObligationBorrows = this.state.borrows;
+        switch (action) {
+            case 'deposit': {
+                if (amountCollateral === undefined || mintCollateral === undefined) {
+                    throw Error('amountCollateral & mintCollateral are required for deposit action');
+                }
+                newObligationDeposits = this.simulateDepositChange(this.state.deposits, {
+                    reserveAddress: collateralReservePk,
+                    amountChangeLamports: amountCollateral,
+                }, collateralExchangeRates);
+                break;
+            }
+            case 'borrow': {
+                if (amountDebt === undefined || mintDebt === undefined) {
+                    throw Error('amountDebt & mintDebt are required for borrow action');
+                }
+                newObligationBorrows = this.simulateBorrowChange(this.state.borrows, {
+                    reserveAddress: debtReservePk,
+                    amountChangeLamports: amountDebt,
+                }, debtReserveCumulativeBorrowRate);
+                break;
+            }
+            case 'repay': {
+                if (amountDebt === undefined || mintDebt === undefined) {
+                    throw Error('amountDebt & mintDebt are required for repay action');
+                }
+                newObligationBorrows = this.simulateBorrowChange(this.state.borrows, {
+                    reserveAddress: debtReservePk,
+                    amountChangeLamports: amountDebt.neg(),
+                }, debtReserveCumulativeBorrowRate);
+                break;
+            }
+            case 'withdraw': {
+                if (amountCollateral === undefined || mintCollateral === undefined) {
+                    throw Error('amountCollateral & mintCollateral are required for withdraw action');
+                }
+                newObligationDeposits = this.simulateDepositChange(this.state.deposits, {
+                    reserveAddress: collateralReservePk,
+                    amountChangeLamports: amountCollateral.neg(),
+                }, collateralExchangeRates);
+                break;
+            }
+            case 'depositAndBorrow': {
+                if (amountCollateral === undefined ||
+                    amountDebt === undefined ||
+                    mintCollateral === undefined ||
+                    mintDebt === undefined) {
+                    throw Error('amountColl & amountDebt & mintCollateral & mintDebt are required for depositAndBorrow action');
+                }
+                newObligationDeposits = this.simulateDepositChange(this.state.deposits, {
+                    reserveAddress: collateralReservePk,
+                    amountChangeLamports: amountCollateral,
+                }, collateralExchangeRates);
+                newObligationBorrows = this.simulateBorrowChange(this.state.borrows, {
+                    reserveAddress: debtReservePk,
+                    amountChangeLamports: amountDebt,
+                }, debtReserveCumulativeBorrowRate);
+                break;
+            }
+            case 'repayAndWithdraw': {
+                if (amountCollateral === undefined ||
+                    amountDebt === undefined ||
+                    mintCollateral === undefined ||
+                    mintDebt === undefined) {
+                    throw Error('amountColl & amountDebt & mintCollateral & mintDebt are required for repayAndWithdraw action');
+                }
+                newObligationDeposits = this.simulateDepositChange(this.state.deposits, {
+                    reserveAddress: collateralReservePk,
+                    amountChangeLamports: amountCollateral.neg(),
+                }, collateralExchangeRates);
+                newObligationBorrows = this.simulateBorrowChange(this.state.borrows, {
+                    reserveAddress: debtReservePk,
+                    amountChangeLamports: amountDebt.neg(),
+                }, debtReserveCumulativeBorrowRate);
+                break;
+            }
+            default: {
+                throw Error(`Invalid action type ${action} for getSimulatedObligationStats`);
+            }
+        }
+        const { borrows, deposits, refreshedStats } = this.calculatePositions(market, newObligationDeposits, newObligationBorrows, elevationGroup, collateralExchangeRates, null);
+        newStats = refreshedStats;
+        newDeposits = deposits;
+        newBorrows = borrows;
+        newStats.netAccountValue = newStats.userTotalDeposit.minus(newStats.userTotalBorrow);
+        newStats.loanToValue = (0, utils_1.valueOrZero)(newStats.userTotalBorrowBorrowFactorAdjusted.dividedBy(newStats.userTotalCollateralDeposit));
+        newStats.leverage = (0, utils_1.valueOrZero)(newStats.userTotalDeposit.dividedBy(newStats.netAccountValue));
+        return {
+            stats: newStats,
+            deposits: newDeposits,
+            borrows: newBorrows,
+        };
+    }
+    /**
+     * Calculates the stats of the obligation after a hypothetical collateral swap.
+     */
+    getPostSwapCollObligationStats(params) {
+        const { withdrawAmountLamports, withdrawReserveAddress, depositAmountLamports, depositReserveAddress, newElevationGroup, market, slot, } = params;
+        const additionalReserves = [withdrawReserveAddress, depositReserveAddress].filter((reserveAddress) => !market.isReserveInObligation(this, reserveAddress));
+        const { collateralExchangeRates } = KaminoObligation.getRatesForObligation(market, this.state, slot, additionalReserves);
+        let newObligationDeposits = this.state.deposits;
+        newObligationDeposits = this.simulateDepositChange(newObligationDeposits, {
+            reserveAddress: withdrawReserveAddress,
+            amountChangeLamports: withdrawAmountLamports.neg(),
+        }, collateralExchangeRates);
+        newObligationDeposits = this.simulateDepositChange(newObligationDeposits, {
+            reserveAddress: depositReserveAddress,
+            amountChangeLamports: depositAmountLamports,
+        }, collateralExchangeRates);
+        const { refreshedStats } = this.calculatePositions(market, newObligationDeposits, this.state.borrows, newElevationGroup, collateralExchangeRates, null);
+        const newStats = refreshedStats;
+        newStats.netAccountValue = newStats.userTotalDeposit.minus(newStats.userTotalBorrow);
+        newStats.loanToValue = (0, utils_1.valueOrZero)(newStats.userTotalBorrowBorrowFactorAdjusted.dividedBy(newStats.userTotalCollateralDeposit));
+        newStats.leverage = (0, utils_1.valueOrZero)(newStats.userTotalDeposit.dividedBy(newStats.netAccountValue));
+        return newStats;
+    }
+    estimateObligationInterestRate = (market, reserve, borrow, currentSlot) => {
+        const newCumulativeBorrowRate = reserve.getEstimatedCumulativeBorrowRate(currentSlot, market.state.referralFeeBps);
+        const formerCumulativeBorrowRate = KaminoObligation.getCumulativeBorrowRate(borrow);
+        if (newCumulativeBorrowRate.gt(formerCumulativeBorrowRate)) {
+            return newCumulativeBorrowRate.div(formerCumulativeBorrowRate);
+        }
+        return new decimal_js_1.default(0);
+    };
+    static getOraclePx = (reserve) => {
+        return reserve.getOracleMarketPrice();
+    };
+    calculatePositions(market, obligationDeposits, obligationBorrows, elevationGroup, collateralExchangeRates, cumulativeBorrowRates, getOraclePx = KaminoObligation.getOraclePx) {
+        const depositStatsOraclePrice = KaminoObligation.calculateObligationDeposits(market, obligationDeposits, collateralExchangeRates, elevationGroup, getOraclePx);
+        const borrowStatsOraclePrice = KaminoObligation.calculateObligationBorrows(market, obligationBorrows, cumulativeBorrowRates, elevationGroup, getOraclePx);
+        const netAccountValueScopeRefreshed = depositStatsOraclePrice.userTotalDeposit.minus(borrowStatsOraclePrice.userTotalBorrow);
+        // TODO: Fix this?
+        const potentialElevationGroupUpdate = 0;
+        return {
+            deposits: depositStatsOraclePrice.deposits,
+            borrows: borrowStatsOraclePrice.borrows,
+            refreshedStats: {
+                borrowLimit: depositStatsOraclePrice.borrowLimit,
+                borrowLiquidationLimit: depositStatsOraclePrice.borrowLiquidationLimit,
+                userTotalBorrow: borrowStatsOraclePrice.userTotalBorrow,
+                userTotalBorrowBorrowFactorAdjusted: borrowStatsOraclePrice.userTotalBorrowBorrowFactorAdjusted,
+                userTotalDeposit: depositStatsOraclePrice.userTotalDeposit,
+                userTotalCollateralDeposit: depositStatsOraclePrice.userTotalCollateralDeposit,
+                userTotalLiquidatableDeposit: depositStatsOraclePrice.userTotalLiquidatableDeposit,
+                liquidationLtv: depositStatsOraclePrice.liquidationLtv,
+                borrowUtilization: borrowStatsOraclePrice.userTotalBorrowBorrowFactorAdjusted.dividedBy(depositStatsOraclePrice.borrowLimit),
+                netAccountValue: netAccountValueScopeRefreshed,
+                leverage: depositStatsOraclePrice.userTotalDeposit.dividedBy(netAccountValueScopeRefreshed),
+                loanToValue: borrowStatsOraclePrice.userTotalBorrowBorrowFactorAdjusted.dividedBy(depositStatsOraclePrice.userTotalCollateralDeposit),
+                potentialElevationGroupUpdate,
+            },
+        };
+    }
+    static calculateObligationDeposits(market, obligationDeposits, collateralExchangeRates, elevationGroup, getPx) {
+        let userTotalDeposit = new decimal_js_1.default(0);
+        let userTotalCollateralDeposit = new decimal_js_1.default(0);
+        let userTotalLiquidatableDeposit = new decimal_js_1.default(0);
+        let borrowLimit = new decimal_js_1.default(0);
+        let borrowLiquidationLimit = new decimal_js_1.default(0);
+        const deposits = new Map();
+        for (let i = 0; i < obligationDeposits.length; i++) {
+            if (!(0, utils_2.isNotNullPubkey)(obligationDeposits[i].depositReserve)) {
+                continue;
+            }
+            const deposit = obligationDeposits[i];
+            const reserve = market.getReserveByAddress(deposit.depositReserve);
+            if (!reserve) {
+                throw new Error(`Obligation contains a deposit belonging to reserve: ${deposit.depositReserve} but the reserve was not found on the market. Deposit amount: ${deposit.depositedAmount}`);
+            }
+            const { maxLtv, liquidationLtv } = KaminoObligation.getLtvForReserve(market, reserve, elevationGroup);
+            let exchangeRate;
+            if (collateralExchangeRates !== null) {
+                exchangeRate = collateralExchangeRates.get(reserve.address);
+            }
+            else {
+                exchangeRate = reserve.getCollateralExchangeRate();
+            }
+            const supplyAmount = new decimal_js_1.default(deposit.depositedAmount.toString()).div(exchangeRate);
+            const depositValueUsd = supplyAmount.mul(getPx(reserve)).div(reserve.getMintFactor());
+            userTotalDeposit = userTotalDeposit.add(depositValueUsd);
+            if (!maxLtv.eq('0')) {
+                userTotalCollateralDeposit = userTotalCollateralDeposit.add(depositValueUsd);
+            }
+            if (!liquidationLtv.eq('0')) {
+                userTotalLiquidatableDeposit = userTotalLiquidatableDeposit.add(depositValueUsd);
+            }
+            borrowLimit = borrowLimit.add(depositValueUsd.mul(maxLtv));
+            borrowLiquidationLimit = borrowLiquidationLimit.add(depositValueUsd.mul(liquidationLtv));
+            const position = {
+                reserveAddress: reserve.address,
+                mintAddress: reserve.getLiquidityMint(),
+                mintFactor: reserve.getMintFactor(),
+                amount: supplyAmount,
+                marketValueRefreshed: depositValueUsd,
+            };
+            deposits.set(reserve.address, position);
+        }
+        return {
+            deposits,
+            userTotalDeposit,
+            userTotalCollateralDeposit,
+            userTotalLiquidatableDeposit,
+            borrowLimit,
+            liquidationLtv: (0, utils_1.valueOrZero)(borrowLiquidationLimit.div(userTotalLiquidatableDeposit)),
+            borrowLiquidationLimit,
+        };
+    }
+    static calculateObligationBorrows(market, obligationBorrows, cumulativeBorrowRates, elevationGroup, getPx) {
+        let userTotalBorrow = new decimal_js_1.default(0);
+        let userTotalBorrowBorrowFactorAdjusted = new decimal_js_1.default(0);
+        let positions = 0;
+        const borrows = new Map();
+        for (let i = 0; i < obligationBorrows.length; i++) {
+            if (!(0, utils_2.isNotNullPubkey)(obligationBorrows[i].borrowReserve)) {
+                continue;
+            }
+            const borrow = obligationBorrows[i];
+            const reserve = market.getReserveByAddress(borrow.borrowReserve);
+            if (!reserve) {
+                throw new Error(`Obligation contains a borrow belonging to reserve: ${borrow.borrowReserve} but the reserve was not found on the market. Borrow amount: ${KaminoObligation.getBorrowAmount(borrow)}`);
+            }
+            const obligationCumulativeBorrowRate = KaminoObligation.getCumulativeBorrowRate(borrow);
+            let cumulativeBorrowRate;
+            if (cumulativeBorrowRates !== null) {
+                cumulativeBorrowRate = cumulativeBorrowRates.get(reserve.address);
+            }
+            else {
+                cumulativeBorrowRate = reserve.getCumulativeBorrowRate();
+            }
+            const borrowAmount = KaminoObligation.getBorrowAmount(borrow)
+                .mul(cumulativeBorrowRate)
+                .dividedBy(obligationCumulativeBorrowRate);
+            const borrowValueUsd = borrowAmount.mul(getPx(reserve)).dividedBy(reserve.getMintFactor());
+            const borrowFactor = KaminoObligation.getBorrowFactorForReserve(reserve, elevationGroup);
+            const borrowValueBorrowFactorAdjustedUsd = borrowValueUsd.mul(borrowFactor);
+            if (!borrowAmount.eq(new decimal_js_1.default('0'))) {
+                positions += 1;
+            }
+            userTotalBorrow = userTotalBorrow.plus(borrowValueUsd);
+            userTotalBorrowBorrowFactorAdjusted = userTotalBorrowBorrowFactorAdjusted.plus(borrowValueBorrowFactorAdjustedUsd);
+            const position = {
+                reserveAddress: reserve.address,
+                mintAddress: reserve.getLiquidityMint(),
+                mintFactor: reserve.getMintFactor(),
+                amount: borrowAmount,
+                marketValueRefreshed: borrowValueUsd,
+            };
+            borrows.set(reserve.address, position);
+        }
+        return {
+            borrows,
+            userTotalBorrow,
+            userTotalBorrowBorrowFactorAdjusted,
+            positions,
+        };
+    }
+    getMaxLoanLtvAndLiquidationLtvGivenElevationGroup(market, elevationGroup, slot) {
+        const getOraclePx = (reserve) => reserve.getOracleMarketPrice();
+        const { collateralExchangeRates } = KaminoObligation.getRatesForObligation(market, this.state, slot);
+        const { borrowLimit, userTotalCollateralDeposit, borrowLiquidationLimit } = KaminoObligation.calculateObligationDeposits(market, this.state.deposits, collateralExchangeRates, elevationGroup, getOraclePx);
+        if (userTotalCollateralDeposit.eq(0)) {
+            return { maxLtv: new decimal_js_1.default(0), liquidationLtv: new decimal_js_1.default(0) };
+        }
+        return {
+            maxLtv: borrowLimit.div(userTotalCollateralDeposit),
+            liquidationLtv: borrowLiquidationLimit.div(userTotalCollateralDeposit),
+        };
+    }
+    /**
+     * Creates a new KaminoObligation with simulated position changes applied.
+     * This allows you to model what the obligation would look like with deposits/borrows
+     * without actually executing those transactions.
+     *
+     * @param market - The KaminoMarket instance
+     * @param slot - The slot number for rate calculations
+     * @param depositChanges - Optional array of deposit changes to apply
+     * @param borrowChanges - Optional array of borrow changes to apply
+     * @returns A new KaminoObligation instance with the changes applied
+     */
+    withPositionChanges(market, slot, depositChanges, borrowChanges) {
+        const reservesToRefresh = [];
+        if (depositChanges) {
+            reservesToRefresh.push(...depositChanges.map((change) => change.reserveAddress));
+        }
+        if (borrowChanges) {
+            reservesToRefresh.push(...borrowChanges.map((change) => change.reserveAddress));
+        }
+        const { collateralExchangeRates, cumulativeBorrowRates } = KaminoObligation.getRatesForObligation(market, this.state, slot, reservesToRefresh);
+        let newDeposits = this.state.deposits;
+        if (depositChanges) {
+            for (const depositChange of depositChanges) {
+                newDeposits = this.simulateDepositChange(newDeposits, depositChange, collateralExchangeRates);
+            }
+        }
+        let newBorrows = this.state.borrows;
+        if (borrowChanges) {
+            for (const borrowChange of borrowChanges) {
+                const reserve = market.getReserveByAddress(borrowChange.reserveAddress);
+                if (!reserve) {
+                    throw new Error(`Reserve not found: ${borrowChange.reserveAddress}`);
+                }
+                newBorrows = this.simulateBorrowChange(newBorrows, borrowChange, reserve.getCumulativeBorrowRate());
+            }
+        }
+        // Create a deep copy of the obligation state and override deposits/borrows
+        const newObligationState = new accounts_1.Obligation({
+            ...this.state,
+            deposits: newDeposits,
+            borrows: newBorrows,
+        });
+        return new KaminoObligation(market, this.obligationAddress, newObligationState, collateralExchangeRates, cumulativeBorrowRates);
+    }
+    /*
+      How much of a given token can a user borrow extra given an elevation group,
+      regardless of caps and liquidity or assuming infinite liquidity and infinite caps,
+      until it hits max LTV.
+  
+      This is purely a function about the borrow power of an obligation,
+      not a reserve-specific, caps-specific, liquidity-specific function.
+  
+      * @param market - The KaminoMarket instance.
+      * @param liquidityMint - The liquidity mint Address.
+      * @param slot - The slot number.
+      * @param elevationGroup - The elevation group number (default: this.state.elevationGroup).
+      * @returns The borrow power as a Decimal.
+      * @throws Error if the reserve is not found.
+    */
+    getBorrowPower(market, liquidityMint, slot, elevationGroup = this.state.elevationGroup) {
+        const reserve = market.getReserveByMint(liquidityMint);
+        if (!reserve) {
+            throw new Error('Reserve not found');
+        }
+        const elevationGroupActivated = reserve.state.config.elevationGroups.includes(elevationGroup) && elevationGroup !== 0;
+        const borrowFactor = KaminoObligation.getBorrowFactorForReserve(reserve, elevationGroup);
+        const getOraclePx = (reserve) => reserve.getOracleMarketPrice();
+        const { collateralExchangeRates, cumulativeBorrowRates } = KaminoObligation.getRatesForObligation(market, this.state, slot);
+        const { borrowLimit } = KaminoObligation.calculateObligationDeposits(market, this.state.deposits, collateralExchangeRates, elevationGroup, getOraclePx);
+        const { userTotalBorrowBorrowFactorAdjusted } = KaminoObligation.calculateObligationBorrows(market, this.state.borrows, cumulativeBorrowRates, elevationGroup, getOraclePx);
+        const maxObligationBorrowPower = borrowLimit // adjusted available amount
+            .minus(userTotalBorrowBorrowFactorAdjusted)
+            .div(borrowFactor)
+            .div(reserve.getOracleMarketPrice())
+            .mul(reserve.getMintFactor());
+        // If it has any collateral outside emode, then return 0
+        for (const [_, value] of this.deposits.entries()) {
+            const depositReserve = market.getReserveByAddress(value.reserveAddress);
+            if (!depositReserve) {
+                throw new Error('Reserve not found');
+            }
+            if (depositReserve.state.config.disableUsageAsCollOutsideEmode && !elevationGroupActivated) {
+                return new decimal_js_1.default(0);
+            }
+        }
+        // This is not amazing because it assumes max borrow, which is not true
+        let originationFeeRate = reserve.getBorrowFee();
+        // Inclusive fee rate
+        originationFeeRate = originationFeeRate.div(originationFeeRate.add(new decimal_js_1.default(1)));
+        const borrowFee = maxObligationBorrowPower.mul(originationFeeRate);
+        const maxBorrowAmount = maxObligationBorrowPower.sub(borrowFee);
+        return decimal_js_1.default.max(new decimal_js_1.default(0), maxBorrowAmount);
+    }
+    /*
+      How much of a given token can a user borrow extra given an elevation group,
+      and a specific reserve, until it hits max LTV and given available liquidity and caps.
+  
+      * @param market - The KaminoMarket instance.
+      * @param liquidityMint - The liquidity mint Address.
+      * @param slot - The slot number.
+      * @param elevationGroup - The elevation group number (default: this.state.elevationGroup).
+      * @returns The maximum borrow amount as a Decimal.
+      * @throws Error if the reserve is not found.
+    */
+    getMaxBorrowAmountV2(market, liquidityMint, slot, elevationGroup = this.state.elevationGroup) {
+        const reserve = market.getReserveByMint(liquidityMint);
+        if (!reserve) {
+            throw new Error('Reserve not found');
+        }
+        const liquidityAvailable = reserve.getLiquidityAvailableForDebtReserveGivenCaps(market, [elevationGroup], Array.from(this.deposits.keys()))[0];
+        const maxBorrowAmount = this.getBorrowPower(market, liquidityMint, slot, elevationGroup);
+        if (elevationGroup === this.state.elevationGroup) {
+            return decimal_js_1.default.min(maxBorrowAmount, liquidityAvailable);
+        }
+        else {
+            // TODO: this is wrong, most liquidity caps are global, we should add up only the ones that are specific to this mode
+            const { amount: debtThisReserve } = this.borrows.get(reserve.address) || { amount: new decimal_js_1.default(0) };
+            const liquidityAvailablePostMigration = decimal_js_1.default.max(0, liquidityAvailable.minus(debtThisReserve));
+            return decimal_js_1.default.min(maxBorrowAmount, liquidityAvailablePostMigration);
+        }
+    }
+    /*
+      Same as getMaxBorrowAmountV2 but assumes a deposit is made first, calculating
+      the new borrow power after the deposit, without overriding the obligation itself.
+  
+      * @param market - The KaminoMarket instance.
+      * @param liquidityMint - The liquidity mint Address.
+      * @param slot - The slot number.
+      * @param elevationGroup - The elevation group number (default: this.state.elevationGroup).
+      * @returns The maximum borrow amount as a Decimal.
+      * @throws Error if the reserve is not found.
+    */
+    getMaxBorrowAmountV2WithDeposit(market, liquidityMint, slot, elevationGroup = this.state.elevationGroup, depositAmountLamports, depositReserveAddress) {
+        const depositChanges = [
+            {
+                reserveAddress: depositReserveAddress,
+                amountChangeLamports: depositAmountLamports,
+            },
+        ];
+        const obligationWithDeposit = this.withPositionChanges(market, slot, depositChanges);
+        return obligationWithDeposit.getMaxBorrowAmountV2(market, liquidityMint, slot, elevationGroup);
+    }
+    /*
+      Returns true if the loan is eligible for the elevation group, including for the default one.
+      * @param market - The KaminoMarket object representing the market.
+      * @param slot - The slot number of the loan.
+      * @param elevationGroup - The elevation group number.
+      * @returns A boolean indicating whether the loan is eligible for elevation.
+    */
+    isLoanEligibleForElevationGroup(market, slot, elevationGroup) {
+        // - isLoanEligibleForEmode(obligation, emode: 0 | number): <boolean, ErrorMessage>
+        //    - essentially checks if a loan can be migrated or not
+        //    - [x] due to collateral / debt reserves combination
+        //    - [x] due to LTV, etc
+        const reserveDeposits = Array.from(this.deposits.keys());
+        const reserveBorrows = Array.from(this.borrows.keys());
+        if (reserveBorrows.length > 1) {
+            return false;
+        }
+        if (elevationGroup > 0) {
+            // Elevation group 0 doesn't need to do reserve checks, as all are included by default
+            const allElevationGroups = market.getMarketElevationGroupDescriptions();
+            const elevationGroupDescription = allElevationGroups[elevationGroup - 1];
+            // Has to be a subset
+            const allCollsIncluded = reserveDeposits.every((reserve) => elevationGroupDescription.collateralReserves.has(reserve));
+            const allDebtsIncluded = reserveBorrows.length === 0 ||
+                (reserveBorrows.length === 1 && elevationGroupDescription.debtReserve === reserveBorrows[0]);
+            if (!allCollsIncluded || !allDebtsIncluded) {
+                return false;
+            }
+        }
+        // Check if the loan can be migrated based on LTV
+        const getOraclePx = (reserve) => reserve.getOracleMarketPrice();
+        const { collateralExchangeRates } = KaminoObligation.getRatesForObligation(market, this.state, slot);
+        const { borrowLimit } = KaminoObligation.calculateObligationDeposits(market, this.state.deposits, collateralExchangeRates, elevationGroup, getOraclePx);
+        const isEligibleBasedOnLtv = this.refreshedStats.userTotalBorrowBorrowFactorAdjusted.lte(borrowLimit);
+        return isEligibleBasedOnLtv;
+    }
+    /*
+      Returns all elevation groups for a given obligation, except the default one
+      * @param market - The KaminoMarket instance.
+      * @returns An array of ElevationGroupDescription objects representing the elevation groups for the obligation.
+    */
+    getElevationGroupsForObligation(market) {
+        if (this.borrows.size > 1) {
+            return [];
+        }
+        const collReserves = Array.from(this.deposits.keys());
+        if (this.borrows.size === 0) {
+            return market.getElevationGroupsForReservesCombination(collReserves);
+        }
+        else {
+            const debtReserve = Array.from(this.borrows.keys())[0];
+            return market.getElevationGroupsForReservesCombination(collReserves, debtReserve);
+        }
+    }
+    /* Deprecated function, also broken */
+    getMaxBorrowAmount(market, liquidityMint, slot, requestElevationGroup) {
+        const reserve = market.getReserveByMint(liquidityMint);
+        if (!reserve) {
+            throw new Error('Reserve not found');
+        }
+        const groups = market.state.elevationGroups;
+        const emodeGroupsDebtReserve = reserve.state.config.elevationGroups;
+        let commonElevationGroups = [...emodeGroupsDebtReserve].filter((item) => item !== 0 && groups[item - 1].debtReserve === reserve.address);
+        for (const [_, value] of this.deposits.entries()) {
+            const depositReserve = market.getExistingReserveByAddress(value.reserveAddress);
+            const depositReserveEmodeGroups = depositReserve.state.config.elevationGroups;
+            commonElevationGroups = commonElevationGroups.filter((item) => depositReserveEmodeGroups.includes(item));
+        }
+        let elevationGroup = this.state.elevationGroup;
+        if (commonElevationGroups.length != 0) {
+            const eModeGroupWithMaxLtvAndDebtReserve = commonElevationGroups.reduce((prev, curr) => {
+                const prevGroup = groups.find((group) => group.id === prev);
+                const currGroup = groups.find((group) => group.id === curr);
+                return prevGroup.ltvPct > currGroup.ltvPct ? prev : curr;
+            });
+            if (requestElevationGroup) {
+                elevationGroup = eModeGroupWithMaxLtvAndDebtReserve;
+            }
+        }
+        const elevationGroupActivated = reserve.state.config.elevationGroups.includes(elevationGroup) && elevationGroup !== 0;
+        const borrowFactor = KaminoObligation.getBorrowFactorForReserve(reserve, elevationGroup);
+        const maxObligationBorrowPower = this.refreshedStats.borrowLimit // adjusted available amount
+            .minus(this.refreshedStats.userTotalBorrowBorrowFactorAdjusted)
+            .div(borrowFactor)
+            .div(reserve.getOracleMarketPrice())
+            .mul(reserve.getMintFactor());
+        const reserveAvailableAmount = reserve.getLiquidityAvailableAmount();
+        let reserveBorrowCapRemained = reserve.stats.reserveBorrowLimit.sub(reserve.getBorrowedAmount());
+        this.deposits.forEach((deposit) => {
+            const depositReserve = market.getReserveByAddress(deposit.reserveAddress);
+            if (!depositReserve) {
+                throw new Error('Reserve not found');
+            }
+            if (depositReserve.state.config.disableUsageAsCollOutsideEmode && !elevationGroupActivated) {
+                reserveBorrowCapRemained = new decimal_js_1.default(0);
+            }
+        });
+        let maxBorrowAmount = decimal_js_1.default.min(maxObligationBorrowPower, reserveAvailableAmount, reserveBorrowCapRemained);
+        const debtWithdrawalCap = reserve.getDebtWithdrawalCapCapacity().sub(reserve.getDebtWithdrawalCapCurrent(slot));
+        maxBorrowAmount = reserve.getDebtWithdrawalCapCapacity().gt(0)
+            ? decimal_js_1.default.min(maxBorrowAmount, debtWithdrawalCap)
+            : maxBorrowAmount;
+        let originationFeeRate = reserve.getBorrowFee();
+        // Inclusive fee rate
+        originationFeeRate = originationFeeRate.div(originationFeeRate.add(new decimal_js_1.default(1)));
+        const borrowFee = maxBorrowAmount.mul(originationFeeRate);
+        maxBorrowAmount = maxBorrowAmount.sub(borrowFee);
+        const utilizationRatioLimit = reserve.state.config.utilizationLimitBlockBorrowingAbovePct / 100;
+        const currentUtilizationRatio = reserve.calculateUtilizationRatio();
+        if (utilizationRatioLimit > 0 && currentUtilizationRatio > utilizationRatioLimit) {
+            return new decimal_js_1.default(0);
+        }
+        else if (utilizationRatioLimit > 0 && currentUtilizationRatio < utilizationRatioLimit) {
+            const maxBorrowBasedOnUtilization = new decimal_js_1.default(utilizationRatioLimit - currentUtilizationRatio).mul(reserve.getTotalSupply());
+            maxBorrowAmount = decimal_js_1.default.min(maxBorrowAmount, maxBorrowBasedOnUtilization);
+        }
+        let borrowLimitDependentOnElevationGroup = new decimal_js_1.default(utils_2.U64_MAX);
+        if (!elevationGroupActivated) {
+            borrowLimitDependentOnElevationGroup = reserve
+                .getBorrowLimitOutsideElevationGroup()
+                .sub(reserve.getBorrowedAmountOutsideElevationGroup());
+        }
+        else {
+            let maxDebtTakenAgainstCollaterals = new decimal_js_1.default(utils_2.U64_MAX);
+            for (const [_, value] of this.deposits.entries()) {
+                const depositReserve = market.getReserveByAddress(value.reserveAddress);
+                if (!depositReserve) {
+                    throw new Error('Reserve not found');
+                }
+                const maxDebtAllowedAgainstCollateral = depositReserve
+                    .getBorrowLimitAgainstCollateralInElevationGroup(elevationGroup - 1)
+                    .sub(depositReserve.getBorrowedAmountAgainstCollateralInElevationGroup(elevationGroup - 1));
+                maxDebtTakenAgainstCollaterals = decimal_js_1.default.max(new decimal_js_1.default(0), decimal_js_1.default.min(maxDebtAllowedAgainstCollateral, maxDebtTakenAgainstCollaterals));
+            }
+            borrowLimitDependentOnElevationGroup = maxDebtTakenAgainstCollaterals;
+        }
+        maxBorrowAmount = decimal_js_1.default.min(maxBorrowAmount, borrowLimitDependentOnElevationGroup);
+        return decimal_js_1.default.max(new decimal_js_1.default(0), maxBorrowAmount);
+    }
+    getMaxWithdrawAmount(market, tokenMint, slot) {
+        const depositReserve = market.getReserveByMint(tokenMint);
+        if (!depositReserve) {
+            throw new Error('Reserve not found');
+        }
+        const reserveAvailableLiquidity = depositReserve.getLiquidityAvailableAmount();
+        const withdrawalCapRemained = depositReserve
+            .getDepositWithdrawalCapCapacity()
+            .sub(depositReserve.getDepositWithdrawalCapCurrent(slot));
+        const reserveWithdrawalLimit = decimal_js_1.default.min(withdrawalCapRemained, reserveAvailableLiquidity);
+        const userDepositPosition = this.getDepositByReserve(depositReserve.address);
+        if (!userDepositPosition) {
+            throw new Error('Deposit reserve not found');
+        }
+        const userDepositPositionAmount = userDepositPosition.amount;
+        if (this.refreshedStats.userTotalBorrowBorrowFactorAdjusted.equals(new decimal_js_1.default(0))) {
+            return decimal_js_1.default.max(0, decimal_js_1.default.min(userDepositPositionAmount, reserveWithdrawalLimit));
+        }
+        const { maxLtv: reserveMaxLtv } = KaminoObligation.getLtvForReserve(market, depositReserve, this.state.elevationGroup);
+        // bf adjusted debt value > allowed_borrow_value
+        if (this.refreshedStats.userTotalBorrowBorrowFactorAdjusted.gte(this.refreshedStats.borrowLimit)) {
+            return new decimal_js_1.default(0);
+        }
+        let maxWithdrawValue;
+        if (reserveMaxLtv.eq(0)) {
+            maxWithdrawValue = userDepositPositionAmount;
+        }
+        else {
+            // borrowLimit / userTotalDeposit = maxLtv
+            // maxWithdrawValue = userTotalDeposit - userTotalBorrow / maxLtv
+            maxWithdrawValue = this.refreshedStats.borrowLimit
+                .sub(this.refreshedStats.userTotalBorrowBorrowFactorAdjusted)
+                .div(reserveMaxLtv)
+                .mul(0.999); // remove 0.1% to prevent going over max ltv
+        }
+        const maxWithdrawAmount = maxWithdrawValue
+            .div(depositReserve.getOracleMarketPrice())
+            .mul(depositReserve.getMintFactor());
+        return decimal_js_1.default.max(0, decimal_js_1.default.min(userDepositPositionAmount, maxWithdrawAmount, reserveWithdrawalLimit));
+    }
+    /**
+     * Same as getMaxWithdrawAmount but assumes a repay is made first, calculating
+     * the new withdraw power after the repay, without overriding the obligation itself.
+     *
+     * @param market - The KaminoMarket instance.
+     * @param tokenMint - The liquidity mint Address.
+     * @param slot - The slot number.
+     * @param repayAmountLamports - The amount to repay in lamports (use U64_MAX for full repay).
+     * @param repayReserveAddress - The reserve address of the borrow being repaid.
+     * @returns The maximum withdraw amount as a Decimal.
+     * @throws Error if the reserve is not found.
+     */
+    getMaxWithdrawAmountWithRepay(market, tokenMint, slot, repayAmountLamports, repayReserveAddress) {
+        const repayReserve = market.getReserveByAddress(repayReserveAddress);
+        if (!repayReserve) {
+            throw new Error('Reserve not found');
+        }
+        const repayAmount = repayAmountLamports.equals(utils_2.U64_MAX)
+            ? this.getBorrowAmountByReserve(repayReserve)
+            : repayAmountLamports;
+        const borrowChanges = [
+            {
+                reserveAddress: repayReserveAddress,
+                amountChangeLamports: repayAmount.neg(), // as it's a repay
+            },
+        ];
+        const obligationWithRepay = this.withPositionChanges(market, slot, undefined, borrowChanges);
+        return obligationWithRepay.getMaxWithdrawAmount(market, tokenMint, slot);
+    }
+    getObligationLiquidityByReserve(reserveAddress) {
+        const obligationLiquidity = this.state.borrows.find((borrow) => borrow.borrowReserve === reserveAddress);
+        if (!obligationLiquidity) {
+            throw new Error(`Obligation liquidity not found given reserve ${reserveAddress}`);
+        }
+        return obligationLiquidity;
+    }
+    /**
+     *
+     * @returns Total borrowed amount for the specified obligation liquidity/borrow asset
+     */
+    static getBorrowAmount(borrow) {
+        return new fraction_1.Fraction(borrow.borrowedAmountSf).toDecimal();
+    }
+    /**
+     *
+     * @returns Cumulative borrow rate for the specified obligation liquidity/borrow asset
+     */
+    static getCumulativeBorrowRate(borrow) {
+        return (0, fraction_1.bfToDecimal)(borrow.cumulativeBorrowRateBsf);
+    }
+    static getRatesForObligation(kaminoMarket, obligation, slot, additionalReserves = []) {
+        const collateralExchangeRates = KaminoObligation.getCollateralExchangeRatesForObligation(kaminoMarket, obligation, slot, additionalReserves);
+        const cumulativeBorrowRates = KaminoObligation.getCumulativeBorrowRatesForObligation(kaminoMarket, obligation, slot, additionalReserves);
+        return {
+            collateralExchangeRates,
+            cumulativeBorrowRates,
+        };
+    }
+    static addRatesForObligation(kaminoMarket, obligation, collateralExchangeRates, cumulativeBorrowRates, slot) {
+        KaminoObligation.addCollateralExchangeRatesForObligation(kaminoMarket, collateralExchangeRates, obligation, slot);
+        KaminoObligation.addCumulativeBorrowRatesForObligation(kaminoMarket, cumulativeBorrowRates, obligation, slot);
+    }
+    static getCollateralExchangeRatesForObligation(kaminoMarket, obligation, slot, additionalReserves) {
+        const collateralExchangeRates = new Map();
+        // Create a set of all reserves coming from deposit plus additional reserves
+        const allReserves = new Set();
+        for (let i = 0; i < obligation.deposits.length; i++) {
+            const deposit = obligation.deposits[i];
+            if ((0, utils_2.isNotNullPubkey)(deposit.depositReserve)) {
+                allReserves.add(deposit.depositReserve);
+            }
+        }
+        for (let i = 0; i < additionalReserves.length; i++) {
+            if ((0, utils_2.isNotNullPubkey)(additionalReserves[i])) {
+                allReserves.add(additionalReserves[i]);
+            }
+        }
+        // Run through all reserves and get the exchange rate
+        for (const reserve of allReserves) {
+            const reserveInstance = kaminoMarket.getReserveByAddress(reserve);
+            const collateralExchangeRate = reserveInstance.getEstimatedCollateralExchangeRate(slot, kaminoMarket.state.referralFeeBps);
+            collateralExchangeRates.set(reserve, collateralExchangeRate);
+        }
+        return collateralExchangeRates;
+    }
+    static addCollateralExchangeRatesForObligation(kaminoMarket, collateralExchangeRates, obligation, slot) {
+        for (let i = 0; i < obligation.deposits.length; i++) {
+            const deposit = obligation.deposits[i];
+            if ((0, utils_2.isNotNullPubkey)(deposit.depositReserve) && !collateralExchangeRates.has(deposit.depositReserve)) {
+                const reserve = kaminoMarket.getReserveByAddress(deposit.depositReserve);
+                const collateralExchangeRate = reserve.getEstimatedCollateralExchangeRate(slot, kaminoMarket.state.referralFeeBps);
+                collateralExchangeRates.set(reserve.address, collateralExchangeRate);
+            }
+        }
+    }
+    static getCumulativeBorrowRatesForObligation(kaminoMarket, obligation, slot, additionalReserves = []) {
+        const allReserves = new Set();
+        for (let i = 0; i < obligation.borrows.length; i++) {
+            const borrow = obligation.borrows[i];
+            if ((0, utils_2.isNotNullPubkey)(borrow.borrowReserve)) {
+                allReserves.add(borrow.borrowReserve);
+            }
+        }
+        // Add additional reserves
+        for (let i = 0; i < additionalReserves.length; i++) {
+            if ((0, utils_2.isNotNullPubkey)(additionalReserves[i])) {
+                allReserves.add(additionalReserves[i]);
+            }
+        }
+        const cumulativeBorrowRates = new Map();
+        // Run through all reserves and get the cumulative borrow rate
+        for (const reserve of allReserves) {
+            const reserveInstance = kaminoMarket.getReserveByAddress(reserve);
+            const cumulativeBorrowRate = reserveInstance.getEstimatedCumulativeBorrowRate(slot, kaminoMarket.state.referralFeeBps);
+            cumulativeBorrowRates.set(reserve, cumulativeBorrowRate);
+        }
+        return cumulativeBorrowRates;
+    }
+    static addCumulativeBorrowRatesForObligation(kaminoMarket, cumulativeBorrowRates, obligation, slot) {
+        for (let i = 0; i < obligation.borrows.length; i++) {
+            const borrow = obligation.borrows[i];
+            if ((0, utils_2.isNotNullPubkey)(borrow.borrowReserve) && !cumulativeBorrowRates.has(borrow.borrowReserve)) {
+                const reserve = kaminoMarket.getReserveByAddress(borrow.borrowReserve);
+                const cumulativeBorrowRate = reserve.getEstimatedCumulativeBorrowRate(slot, kaminoMarket.state.referralFeeBps);
+                cumulativeBorrowRates.set(reserve.address, cumulativeBorrowRate);
+            }
+        }
+    }
+    /**
+     * Get the borrow factor for a borrow reserve, accounting for the obligation elevation group if it is active
+     * @param reserve
+     * @param elevationGroup
+     */
+    static getBorrowFactorForReserve(reserve, elevationGroup) {
+        const elevationGroupActivated = reserve.state.config.elevationGroups.includes(elevationGroup) && elevationGroup !== 0;
+        if (elevationGroupActivated) {
+            return new decimal_js_1.default('1');
+        }
+        return new decimal_js_1.default(reserve.stats.borrowFactor).div('100');
+    }
+    /**
+     * Get the loan to value and liquidation loan to value for a collateral reserve as ratios, accounting for the obligation elevation group if it is active
+     * @param market
+     * @param reserve
+     * @param elevationGroup
+     */
+    static getLtvForReserve(market, reserve, elevationGroup) {
+        const elevationGroupActivated = elevationGroup !== 0 && reserve.state.config.elevationGroups.includes(elevationGroup);
+        if (elevationGroupActivated) {
+            const { ltvPct, liquidationThresholdPct } = market.getElevationGroup(elevationGroup);
+            return {
+                maxLtv: new decimal_js_1.default(ltvPct).div('100'),
+                liquidationLtv: new decimal_js_1.default(liquidationThresholdPct).div('100'),
+            };
+        }
+        else {
+            const { loanToValue, liquidationThreshold } = reserve.stats;
+            return {
+                maxLtv: new decimal_js_1.default(loanToValue),
+                liquidationLtv: new decimal_js_1.default(liquidationThreshold),
+            };
+        }
+    }
+}
+exports.KaminoObligation = KaminoObligation;
+// Create a function that checks if an obligation is of type obligation or obligationType
+function isKaminoObligation(obligation) {
+    return 'obligationAddress' in obligation;
+}
+//# sourceMappingURL=obligation.js.map