torchsdk 3.4.2 → 3.5.1

package/dist/program.d.ts

@@ -107,10 +107,6 @@ export declare const getCollateralVaultPda: (mint: PublicKey) => [PublicKey, num
 export declare const getTorchVaultPda: (creator: PublicKey) => [PublicKey, number];
 export declare const getVaultWalletLinkPda: (wallet: PublicKey) => [PublicKey, number];
 export declare const getProgram: (provider: AnchorProvider) => Program;
-export declare const treasuryRateBounds: (bondingTarget: bigint) => {
-    max: number;
-    min: number;
-};
 export declare const calculateTokensOut: (solAmount: bigint, virtualSolReserves: bigint, virtualTokenReserves: bigint, realSolReserves?: bigint, // V2.3: needed for dynamic rate calculation
 protocolFeeBps?: number, // 1% protocol fee (75% protocol treasury, 25% dev)
 treasuryFeeBps?: number, // 1% treasury fee

package/dist/program.d.ts.map

@@ -1 +1 @@
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package/dist/program.js

@@ -3,7 +3,7 @@ var __importDefault = (this && this.__importDefault) || function (mod) {
     return (mod && mod.__esModule) ? mod : { "default": mod };
 };
 Object.defineProperty(exports, "__esModule", { value: true });
-exports.getRaydiumMigrationAccounts = exports.getRaydiumObservationPda = exports.getRaydiumVaultPda = exports.getRaydiumLpMintPda = exports.getRaydiumPoolStatePda = exports.getRaydiumAuthorityPda = exports.orderTokensForRaydium = exports.calculateBondingProgress = exports.calculatePrice = exports.calculateSolOut = exports.calculateTokensOut = exports.treasuryRateBounds = exports.getProgram = exports.getVaultWalletLinkPda = exports.getTorchVaultPda = exports.getCollateralVaultPda = exports.getLoanPositionPda = exports.getStarRecordPda = exports.getUserStatsPda = exports.getProtocolTreasuryPda = exports.getTokenTreasuryPda = exports.getVoteRecordPda = exports.getUserPositionPda = exports.getTreasuryTokenAccount = exports.getBondingCurvePda = exports.getGlobalConfigPda = exports.decodeString = exports.PROGRAM_ID = void 0;
+exports.getRaydiumMigrationAccounts = exports.getRaydiumObservationPda = exports.getRaydiumVaultPda = exports.getRaydiumLpMintPda = exports.getRaydiumPoolStatePda = exports.getRaydiumAuthorityPda = exports.orderTokensForRaydium = exports.calculateBondingProgress = exports.calculatePrice = exports.calculateSolOut = exports.calculateTokensOut = exports.getProgram = exports.getVaultWalletLinkPda = exports.getTorchVaultPda = exports.getCollateralVaultPda = exports.getLoanPositionPda = exports.getStarRecordPda = exports.getUserStatsPda = exports.getProtocolTreasuryPda = exports.getTokenTreasuryPda = exports.getVoteRecordPda = exports.getUserPositionPda = exports.getTreasuryTokenAccount = exports.getBondingCurvePda = exports.getGlobalConfigPda = exports.decodeString = exports.PROGRAM_ID = void 0;
 const anchor_1 = require("@coral-xyz/anchor");
 const web3_js_1 = require("@solana/web3.js");
 const constants_1 = require("./constants");
@@ -82,18 +82,9 @@ const getProgram = (provider) => {
     return new anchor_1.Program(torch_market_json_1.default, provider);
 };
 exports.getProgram = getProgram;
-// [V24] Per-tier treasury SOL rate bounds
-const TREASURY_RATE_BOUNDS = {
-    '50000000000': { max: 500, min: 100 }, // Spark: 5% → 1%
-    '100000000000': { max: 1000, min: 200 }, // Flame: 10% → 2%
-    '200000000000': { max: 2000, min: 500 }, // Torch: 20% → 5%
-};
-const DEFAULT_TREASURY_BOUNDS = { max: 2000, min: 500 }; // Torch / legacy (0)
-// [V24] Returns (maxBps, minBps) for the treasury SOL rate based on bonding tier
-const treasuryRateBounds = (bondingTarget) => {
-    return TREASURY_RATE_BOUNDS[bondingTarget.toString()] ?? DEFAULT_TREASURY_BOUNDS;
-};
-exports.treasuryRateBounds = treasuryRateBounds;
+// [V25] Flat treasury SOL rate: 20% → 5% across all tiers (reverted from V24 tiered fees)
+const TREASURY_SOL_MAX_BPS = 2000; // 20% at start
+const TREASURY_SOL_MIN_BPS = 500; // 5% at completion
 // Calculate tokens out for a given SOL amount (V2.3: dynamic treasury rate, V24: tiered)
 const calculateTokensOut = (solAmount, virtualSolReserves, virtualTokenReserves, realSolReserves = BigInt(0), // V2.3: needed for dynamic rate calculation
 protocolFeeBps = 100, // 1% protocol fee (75% protocol treasury, 25% dev)
@@ -104,13 +95,12 @@ bondingTarget = BigInt('200000000000')) => {
     // Calculate treasury fee (1%)
     const treasuryFee = (solAmount * BigInt(treasuryFeeBps)) / BigInt(10000);
     const solAfterFees = solAmount - protocolFee - treasuryFee;
-    // [V24] Resolve bonding target and tier fee bounds
+    // [V25] Flat 20% → 5% treasury rate across all tiers
     const resolvedTarget = bondingTarget === BigInt(0) ? BigInt('200000000000') : bondingTarget;
-    const bounds = (0, exports.treasuryRateBounds)(resolvedTarget);
-    // V2.3: Dynamic treasury rate - decays from max to min as bonding progresses
-    const rateRange = BigInt(bounds.max - bounds.min);
+    // V2.3: Dynamic treasury rate - decays from 20% to 5% as bonding progresses
+    const rateRange = BigInt(TREASURY_SOL_MAX_BPS - TREASURY_SOL_MIN_BPS);
     const decay = (realSolReserves * rateRange) / resolvedTarget;
-    const treasuryRateBps = Math.max(bounds.max - Number(decay), bounds.min);
+    const treasuryRateBps = Math.max(TREASURY_SOL_MAX_BPS - Number(decay), TREASURY_SOL_MIN_BPS);
     // Split remaining SOL using dynamic rate
     const solToTreasurySplit = (solAfterFees * BigInt(treasuryRateBps)) / BigInt(10000);
     const solToCurve = solAfterFees - solToTreasurySplit;

package/dist/program.js.map

@@ -1 +1 @@
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package/dist/torch_market.json

@@ -2,7 +2,7 @@
     "address": "8hbUkonssSEEtkqzwM7ZcZrD9evacM92TcWSooVF4BeT",
     "metadata": {
         "name": "torch_market",
-        "version": "3.4.2",
+        "version": "3.5.1",
         "spec": "0.1.0",
         "description": "torch.market"
     },

package/package.json

@@ -1,6 +1,6 @@
 {
   "name": "torchsdk",
-  "version": "3.4.2",
+  "version": "3.5.1",
   "description": "Torch Market SDK",
   "main": "dist/index.js",
   "types": "dist/index.d.ts",