@reserve-protocol/dtf-rebalance-lib 0.0.12 → 0.0.14

package/dist/open-auction.js

@@ -59,7 +59,7 @@ exports.getTargetBasket = getTargetBasket;
  * @param _priceError {1} Price error to use for each token during auction pricing; should be smaller than price error during startRebalance
  * @param _finalStageAt {1} The % rebalanced from the initial Folio to determine when is the final stage of the rebalance
  */
-const getOpenAuction = (rebalance, _supply, _initialFolio = [], _targetBasket = [], _folio, _decimals, _prices, _priceError, _finalStageAt, logging = false) => {
+const getOpenAuction = (rebalance, _supply, _initialFolio = [], _targetBasket = [], _folio, _decimals, _prices, _priceError, _finalStageAt, logging) => {
     if (logging) {
         console.log('getOpenAuction', rebalance, _supply, _initialFolio, _targetBasket, _folio, _decimals, _prices, _priceError, _finalStageAt);
     }
@@ -175,6 +175,13 @@ const getOpenAuction = (rebalance, _supply, _initialFolio = [], _targetBasket =
         : progression.sub(initialProgression).div(numbers_1.ONE.sub(initialProgression));
     let rebalanceTarget = numbers_1.ONE;
     let round = AuctionRound.FINAL;
+    if (logging) {
+        console.log('initialProgression', initialProgression.toString());
+        console.log('progression', progression.toString());
+        console.log('relativeProgression', relativeProgression.toString());
+        console.log('portionBeingEjected', portionBeingEjected.toString());
+        console.log('finalStageAt', finalStageAt.toString());
+    }
     // make it an eject auction if there is 1 bps or more of value to eject
     if (portionBeingEjected.gte(1e-4)) {
         round = AuctionRound.EJECT;
@@ -193,11 +200,6 @@ const getOpenAuction = (rebalance, _supply, _initialFolio = [], _targetBasket =
     }
     if (logging) {
         console.log('rebalanceTarget', rebalanceTarget.toString());
-        console.log('initialProgression', initialProgression.toString());
-        console.log('progression', progression.toString());
-        console.log('relativeProgression', relativeProgression.toString());
-        console.log('portionBeingEjected', portionBeingEjected.toString());
-        console.log('finalStageAt', finalStageAt.toString());
     }
     // {1}
     const delta = numbers_1.ONE.sub(rebalanceTarget);

package/dist/start-rebalance.js

@@ -20,7 +20,7 @@ const numbers_1 = require("./numbers");
  * @param _dtfPrice {USD/wholeShare} DTF price
  * @param weightControl TRACKING=false, NATIVE=true
  */
-const getStartRebalance = (_supply, tokens, decimals, _targetBasket, _prices, _priceError, _dtfPrice, weightControl, logging = false) => {
+const getStartRebalance = (_supply, tokens, decimals, _targetBasket, _prices, _priceError, _dtfPrice, weightControl, logging) => {
     if (logging) {
         console.log('getStartRebalance', _supply, tokens, decimals, _targetBasket, _prices, _priceError, _dtfPrice, weightControl);
     }

package/package.json

@@ -1,6 +1,6 @@
 {
   "name": "@reserve-protocol/dtf-rebalance-lib",
-  "version": "0.0.12",
+  "version": "0.0.14",
   "description": "Rebalancing library for DTFs in typescript",
   "main": "dist/index.js",
   "module": "dist/index.js",

package/src/open-auction.ts

@@ -111,7 +111,7 @@ export const getOpenAuction = (
   _prices: number[],
   _priceError: number[],
   _finalStageAt: number,
-  logging: boolean = false
+  logging?: boolean
 ): [OpenAuctionArgs, AuctionMetrics] => {
   if (logging) {
     console.log('getOpenAuction', rebalance, _supply, _initialFolio, _targetBasket, _folio, _decimals, _prices, _priceError, _finalStageAt)
@@ -269,6 +269,14 @@ export const getOpenAuction = (
   
   let rebalanceTarget = ONE
   let round: AuctionRound = AuctionRound.FINAL
+
+  if (logging) {
+    console.log('initialProgression', initialProgression.toString())
+    console.log('progression', progression.toString())
+    console.log('relativeProgression', relativeProgression.toString())
+    console.log('portionBeingEjected', portionBeingEjected.toString())
+    console.log('finalStageAt', finalStageAt.toString())
+  }
   
   // make it an eject auction if there is 1 bps or more of value to eject
   if (portionBeingEjected.gte(1e-4)) {
@@ -290,11 +298,6 @@ export const getOpenAuction = (
   
   if (logging) {
     console.log('rebalanceTarget', rebalanceTarget.toString())
-    console.log('initialProgression', initialProgression.toString())
-    console.log('progression', progression.toString())
-    console.log('relativeProgression', relativeProgression.toString())
-    console.log('portionBeingEjected', portionBeingEjected.toString())
-    console.log('finalStageAt', finalStageAt.toString())
   }
 
   // {1}

package/src/start-rebalance.ts

@@ -37,7 +37,7 @@ export const getStartRebalance = (
   _priceError: number[],
   _dtfPrice: number,
   weightControl: boolean,
-  logging: boolean = false
+  logging?: boolean
 ): StartRebalanceArgsPartial => {
   if (logging) {
     console.log('getStartRebalance', _supply, tokens, decimals, _targetBasket, _prices, _priceError, _dtfPrice, weightControl)