@reserve-protocol/dtf-rebalance-lib 2.2.2 → 2.2.3
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- package/dist/open-auction.js +4 -2
- package/package.json +1 -1
package/dist/open-auction.js
CHANGED
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@@ -237,11 +237,9 @@ const getOpenAuction = (rebalance, _supply, _initialSupply, _initialAssets = [],
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if (target.lte(numbers_1.ZERO) || target.lt(initialProgression) || target.gt(numbers_1.ONE)) {
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throw new Error("something has gone very wrong");
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}
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-
const relativeTarget = target.sub(initialProgression).div(numbers_1.ONE.sub(initialProgression));
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if (debug) {
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console.log("round", round);
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console.log("target", target.toString());
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-
console.log("relativeTarget", relativeTarget.toString());
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}
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// {1}
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const delta = numbers_1.ONE.sub(target);
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@@ -422,6 +420,10 @@ const getOpenAuction = (rebalance, _supply, _initialSupply, _initialAssets = [],
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const surplusSize = surplusTokenSizes.reduce((a, b) => a + b, 0);
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const deficitSize = deficitTokenSizes.reduce((a, b) => a + b, 0);
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const auctionSize = surplusSize > deficitSize ? deficitSize : surplusSize;
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+
// update targeting estimates
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+
// {1} = {1} + {USD} * {share} / {USD/share}
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+
target = progression.add(new utils_1.Decimal(auctionSize).div(shareValue.mul(supply)));
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+
const relativeTarget = target.sub(initialProgression).div(numbers_1.ONE.sub(initialProgression));
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return [
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{
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rebalanceNonce: rebalance.nonce,
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