Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

feat(neuron-ui): add global apy estimation #1092

Merged
merged 2 commits into from
Nov 13, 2019
Merged
Show file tree
Hide file tree
Changes from all commits
Commits
File filter

Filter by extension

Filter by extension

Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
14 changes: 13 additions & 1 deletion packages/neuron-ui/src/components/NervosDAO/index.tsx
Original file line number Diff line number Diff line change
Expand Up @@ -7,6 +7,7 @@ import appState from 'states/initStates/app'
import { AppActions, StateWithDispatch } from 'states/stateProvider/reducer'
import { updateNervosDaoData, clearNervosDaoData } from 'states/stateProvider/actionCreators'

import calculateGlobalAPY from 'utils/calculateGlobalAPY'
import calculateFee from 'utils/calculateFee'
import { shannonToCKBFormatter, CKBToShannonFormatter } from 'utils/formatters'
import { MIN_DEPOSIT_AMOUNT, MEDIUM_FEE_RATE, CapacityUnit } from 'utils/const'
Expand All @@ -28,6 +29,7 @@ const NervosDAO = ({
loadings: { sending = false },
tipBlockNumber,
tipBlockHash,
tipBlockTimestamp,
epoch,
},
wallet,
Expand All @@ -41,6 +43,7 @@ const NervosDAO = ({
const [activeRecord, setActiveRecord] = useState<State.NervosDAORecord | null>(null)
const [errorMessage, setErrorMessage] = useState('')
const [withdrawList, setWithdrawList] = useState<(string | null)[]>([])
const [globalAPY, setGlobalAPY] = useState(0)

const clearGeneratedTx = useCallback(() => {
dispatch({
Expand Down Expand Up @@ -92,6 +95,14 @@ const NervosDAO = ({
}
}, [clearGeneratedTx, dispatch, updateDepositValue, wallet.id])

useEffect(() => {
if (tipBlockTimestamp) {
calculateGlobalAPY(tipBlockTimestamp).then(apy => {
setGlobalAPY(apy)
})
}
}, [tipBlockTimestamp])

const onDepositDialogDismiss = () => {
setShowDepositDialog(false)
setDepositValue(`${MIN_DEPOSIT_AMOUNT}`)
Expand Down Expand Up @@ -278,9 +289,10 @@ const NervosDAO = ({
<Text as="span" variant="small" block>{`Epoch number: ${epochInfo.number}`}</Text>
<Text as="span" variant="small" block>{`Epoch index: ${epochInfo.index}`}</Text>
<Text as="span" variant="small" block>{`Epoch length: ${epochInfo.length}`}</Text>
<Text as="span" variant="small" block>{`APY: ~${globalAPY}%`}</Text>
</Stack>
)
}, [epoch])
}, [epoch, globalAPY])

return (
<>
Expand Down
1 change: 1 addition & 0 deletions packages/neuron-ui/src/containers/Main/hooks.ts
Original file line number Diff line number Diff line change
Expand Up @@ -40,6 +40,7 @@ export const useSyncChainData = ({ chainURL, dispatch }: { chainURL: string; dis
payload: {
tipBlockNumber: `${BigInt(header.number)}`,
tipBlockHash: header.hash,
tipBlockTimestamp: +header.timestamp,
chain: chainInfo.chain,
difficulty: `${BigInt(chainInfo.difficulty)}`,
epoch: chainInfo.epoch,
Expand Down
1 change: 1 addition & 0 deletions packages/neuron-ui/src/states/initStates/app.ts
Original file line number Diff line number Diff line change
Expand Up @@ -3,6 +3,7 @@ import { CapacityUnit } from 'utils/const'
const appState: State.App = {
tipBlockNumber: '',
tipBlockHash: '',
tipBlockTimestamp: 0,
chain: '',
difficulty: '',
epoch: '',
Expand Down
Original file line number Diff line number Diff line change
@@ -0,0 +1,12 @@
export default {
'return 0 if the genesis block is not loaded': {
currentTime: Date.now(),
genesisTime: undefined,
expectAPY: 0,
},
'one period and one handrand days': {
currentTime: new Date('2023-04-10').getTime(),
genesisTime: new Date('2019-01-01').getTime(),
expectAPY: 0.02369552868619654,
},
}
Original file line number Diff line number Diff line change
@@ -0,0 +1,16 @@
import calculateGlobalAPY from 'utils/calculateGlobalAPY'
import fixtures from './fixtures'

describe('calculate the global apy', () => {
const fixtureTable = Object.entries(fixtures).map(([title, { currentTime, genesisTime, expectAPY }]) => [
title,
currentTime,
genesisTime,
expectAPY,
])

test.each(fixtureTable)(`%s`, async (_title, currentTime, genesisTime, expectAPY) => {
const apy = await calculateGlobalAPY(currentTime, genesisTime)
expect(apy).toBe(expectAPY === 0 ? 0 : +expectAPY.toFixed(2))
})
})
1 change: 1 addition & 0 deletions packages/neuron-ui/src/types/App/index.d.ts
Original file line number Diff line number Diff line change
Expand Up @@ -75,6 +75,7 @@ declare namespace State {
interface App {
tipBlockNumber: string
tipBlockHash: string
tipBlockTimestamp: number
chain: string
difficulty: string
epoch: string
Expand Down
48 changes: 48 additions & 0 deletions packages/neuron-ui/src/utils/calculateGlobalAPY.ts
Original file line number Diff line number Diff line change
@@ -0,0 +1,48 @@
import { getBlockByNumber } from '../services/chain'

const INITIAL_OFFER = BigInt(33600000000)
const SECONDARY_OFFER = BigInt(1344000000)
const DAYS_PER_PERIOD = 365 * 4 * 1
const MILLI_SECONDS_PER_DAY = 24 * 3600 * 1000
const PERIOD_LENGTH = DAYS_PER_PERIOD * MILLI_SECONDS_PER_DAY

let cachedGenesisTimestamp: number | undefined

export default async (now: number, initialTimestamp: number | undefined = cachedGenesisTimestamp) => {
let genesisTimestamp = initialTimestamp
if (genesisTimestamp === undefined) {
genesisTimestamp = await getBlockByNumber('0x0')
.then(b => {
cachedGenesisTimestamp = +b.header.timestamp
return cachedGenesisTimestamp
})
.catch(() => undefined)
}
if (genesisTimestamp === undefined || now <= genesisTimestamp) {
return 0
}

const pastPeriods = BigInt(now - genesisTimestamp) / BigInt(PERIOD_LENGTH)
const pastDays = Math.ceil(((now - genesisTimestamp) % PERIOD_LENGTH) / MILLI_SECONDS_PER_DAY)

const realSecondaryOffer =
BigInt(4) * SECONDARY_OFFER * pastPeriods +
(BigInt(4) * SECONDARY_OFFER * BigInt(pastDays)) / BigInt(DAYS_PER_PERIOD)

let realPrimaryOffer = BigInt(0)

let PRIMARY_OFFER = INITIAL_OFFER
for (let i = 0; i < Number(pastPeriods); i++) {
PRIMARY_OFFER /= BigInt(2)
const offer = PRIMARY_OFFER
realPrimaryOffer += offer
}

PRIMARY_OFFER /= BigInt(2)

const primaryOfferFraction = (BigInt(pastDays) * PRIMARY_OFFER) / BigInt(DAYS_PER_PERIOD)
realPrimaryOffer += primaryOfferFraction

const totalOffer = INITIAL_OFFER + realPrimaryOffer + realSecondaryOffer
return +(Number(SECONDARY_OFFER) / Number(totalOffer)).toFixed(2)
}