harb/web-app/src/composables/useSnatchSelection.ts

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import { ref, watchEffect, computed } from 'vue'
import { usePositions, type Position } from './usePositions'
import { useStake } from './useStake'
import { useWallet } from './useWallet'
import { useStatCollection } from './useStatCollection'
import { useAdjustTaxRate } from './useAdjustTaxRates'
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import { calculateSnatchShortfall } from 'kraiken-lib/staking'
import {
selectSnatchPositions,
minimumTaxRate,
type SnatchablePosition,
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} from 'kraiken-lib/snatch'
/**
* Converts Kraiken token assets to shares using the same formula as Stake.sol:
* shares = (assets * stakeTotalSupply) / kraikenTotalSupply
*
* @param assets - Amount of Kraiken tokens
* @param kraikenTotalSupply - Total supply of Kraiken tokens
* @param stakeTotalSupply - Total supply of stake shares (constant from contract)
* @returns Number of shares corresponding to the assets
*/
function assetsToSharesLocal(
assets: bigint,
kraikenTotalSupply: bigint,
stakeTotalSupply: bigint
): bigint {
if (kraikenTotalSupply === 0n) {
return 0n
}
// Equivalent to: assets.mulDiv(stakeTotalSupply, kraikenTotalSupply, Math.Rounding.Down)
return (assets * stakeTotalSupply) / kraikenTotalSupply
}
export function useSnatchSelection(demo = false) {
const { activePositions } = usePositions()
const stake = useStake()
const wallet = useWallet()
const statCollection = useStatCollection()
const adjustTaxRate = useAdjustTaxRate()
const snatchablePositions = ref<Position[]>([])
const shortfallShares = ref<bigint>(0n)
const floorTax = ref(1)
let selectionRun = 0
const openPositionsAvailable = computed(() => shortfallShares.value <= 0n)
function getMinFloorTax() {
const minRate = minimumTaxRate(activePositions.value, 0)
return Math.round(minRate * 100)
}
watchEffect((onCleanup) => {
const runId = ++selectionRun
let cancelled = false
onCleanup(() => {
cancelled = true
})
// No longer async since we compute shares locally
const compute = () => {
if (statCollection.stakeTotalSupply === 0n) {
shortfallShares.value = 0n
if (!cancelled && runId === selectionRun) {
snatchablePositions.value = []
floorTax.value = getMinFloorTax()
}
return
}
const stakingShares = stake.stakingAmountShares ?? 0n
const shortfall = calculateSnatchShortfall(
statCollection.outstandingStake,
stakingShares,
statCollection.stakeTotalSupply,
2n,
10n
)
shortfallShares.value = shortfall
if (shortfall <= 0n) {
if (!cancelled && runId === selectionRun) {
snatchablePositions.value = []
floorTax.value = getMinFloorTax()
}
return
}
const maxTaxRateDecimal = (stake.taxRate ?? 0) / 100
const includeOwned = demo
const recipient = wallet.account.address ?? null
const eligiblePositions = activePositions.value.filter((position: Position) => {
if (position.taxRate >= maxTaxRateDecimal) {
return false
}
if (!includeOwned && position.iAmOwner) {
return false
}
return true
})
if (eligiblePositions.length === 0) {
if (!cancelled && runId === selectionRun) {
snatchablePositions.value = []
floorTax.value = getMinFloorTax()
}
return
}
const candidates: SnatchablePosition[] = []
// Compute shares locally using the same formula as Stake.sol
for (const position of eligiblePositions) {
const shares = assetsToSharesLocal(
position.harbDeposit,
statCollection.kraikenTotalSupply,
statCollection.stakeTotalSupply
)
candidates.push({
id: position.positionId,
owner: position.owner,
stakeShares: shares,
taxRate: position.taxRate,
taxRateIndex: position.taxRateIndex,
})
}
const selection = selectSnatchPositions(candidates, {
shortfallShares: shortfall,
maxTaxRate: maxTaxRateDecimal,
includeOwned,
recipientAddress: recipient,
})
if (cancelled || runId !== selectionRun) {
return
}
if (selection.remainingShortfall > 0n) {
snatchablePositions.value = []
floorTax.value = getMinFloorTax()
return
}
const positionById = new Map<bigint, Position>()
for (const position of activePositions.value) {
positionById.set(position.positionId, position)
}
const selectedPositions = selection.selected
.map((candidate) => positionById.get(candidate.id))
.filter((value): value is Position => Boolean(value))
snatchablePositions.value = selectedPositions
if (selection.maxSelectedTaxRateIndex !== undefined) {
const nextIndex = selection.maxSelectedTaxRateIndex + 1
const option =
adjustTaxRate.taxRates[nextIndex] ??
adjustTaxRate.taxRates[selection.maxSelectedTaxRateIndex]
floorTax.value = option ? option.year : getMinFloorTax()
} else {
floorTax.value = getMinFloorTax()
}
}
compute()
})
return {
snatchablePositions,
shortfallShares,
floorTax,
openPositionsAvailable,
}
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}