@reserve-protocol/dtf-rebalance-lib 0.0.8 → 0.0.10

package/dist/open-auction.js

@@ -171,7 +171,7 @@ const getOpenAuction = (rebalance, _supply, _initialFolio = [], _targetBasket =
     // make it an eject auction if there is 1 bps or more of value to eject
     if (portionBeingEjected.gte(1e-4)) {
         round = AuctionRound.EJECT;
-        rebalanceTarget = progression.add(portionBeingEjected.mul(1.5)); // set rebalanceTarget to 50% more than needed, to ensure ejection completes
+        rebalanceTarget = progression.add(portionBeingEjected.mul(1.2)); // set rebalanceTarget to 20% more than needed to ensure ejection completes
         if (rebalanceTarget.gt(numbers_1.ONE)) {
             rebalanceTarget = numbers_1.ONE;
         }
@@ -181,7 +181,7 @@ const getOpenAuction = (rebalance, _supply, _initialFolio = [], _targetBasket =
         round = AuctionRound.PROGRESS;
         rebalanceTarget = initialProgression.add(numbers_1.ONE.sub(initialProgression).mul(finalStageAt));
         if (rebalanceTarget.gte(numbers_1.ONE)) {
-            round = AuctionRound.FINAL;
+            throw new Error('something has gone very wrong');
         }
     }
     // {1}
@@ -297,7 +297,7 @@ const getOpenAuction = (rebalance, _supply, _initialFolio = [], _targetBasket =
         if (pricesD27.high > initialPrice.high) {
             pricesD27.high = initialPrice.high;
         }
-        if (pricesD27.low == pricesD27.high) {
+        if (pricesD27.low == pricesD27.high && priceError[i].gt(numbers_1.ZERO)) {
             throw new Error('no price range');
         }
         return pricesD27;

package/package.json

@@ -1,6 +1,6 @@
 {
   "name": "@reserve-protocol/dtf-rebalance-lib",
-  "version": "0.0.8",
+  "version": "0.0.10",
   "description": "Rebalancing library for DTFs in typescript",
   "main": "dist/index.js",
   "module": "dist/index.js",

package/src/open-auction.ts

@@ -266,7 +266,7 @@ export const getOpenAuction = (
   if (portionBeingEjected.gte(1e-4)) {
     round = AuctionRound.EJECT
 
-    rebalanceTarget = progression.add(portionBeingEjected.mul(1.5)) // set rebalanceTarget to 50% more than needed, to ensure ejection completes
+    rebalanceTarget = progression.add(portionBeingEjected.mul(1.2)) // set rebalanceTarget to 20% more than needed to ensure ejection completes
     if (rebalanceTarget.gt(ONE)) {
       rebalanceTarget = ONE
     }
@@ -276,7 +276,7 @@ export const getOpenAuction = (
 
     rebalanceTarget = initialProgression.add(ONE.sub(initialProgression).mul(finalStageAt))
     if (rebalanceTarget.gte(ONE)) {
-      round = AuctionRound.FINAL
+      throw new Error('something has gone very wrong')
     }
   }
 
@@ -425,7 +425,7 @@ export const getOpenAuction = (
       pricesD27.high = initialPrice.high
     }
 
-    if (pricesD27.low == pricesD27.high) {
+    if (pricesD27.low == pricesD27.high && priceError[i].gt(ZERO)) {
       throw new Error('no price range')
     }