/* * Copyright (c) 2015, Cryptonomex, Inc. * All rights reserved. * * This source code is provided for evaluation in private test networks only, until September 8, 2015. After this date, this license expires and * the code may not be used, modified or distributed for any purpose. Redistribution and use in source and binary forms, with or without modification, * are permitted until September 8, 2015, provided that the following conditions are met: * * 1. The code and/or derivative works are used only for private test networks consisting of no more than 10 P2P nodes. * * THIS SOFTWARE IS PROVIDED BY THE COPYRIGHT HOLDERS AND CONTRIBUTORS "AS IS" AND ANY EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, * THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE ARE DISCLAIMED. IN NO EVENT SHALL THE COPYRIGHT HOLDER OR * CONTRIBUTORS BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO, * PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE, DATA, OR PROFITS; OR BUSINESS INTERRUPTION) HOWEVER CAUSED AND ON ANY THEORY OF LIABILITY, * WHETHER IN CONTRACT, STRICT LIABILITY, OR TORT (INCLUDING NEGLIGENCE OR OTHERWISE) ARISING IN ANY WAY OUT OF THE USE OF THIS SOFTWARE, EVEN IF * ADVISED OF THE POSSIBILITY OF SUCH DAMAGE. */ #include #include #include namespace graphene { namespace chain { bool operator == ( const price& a, const price& b ) { if( std::tie( a.base.asset_id, a.quote.asset_id ) != std::tie( b.base.asset_id, b.quote.asset_id ) ) return false; const auto amult = fc::uint128( b.quote.amount.value ) * a.base.amount.value; const auto bmult = fc::uint128( a.quote.amount.value ) * b.base.amount.value; return amult == bmult; } bool operator < ( const price& a, const price& b ) { if( a.base.asset_id < b.base.asset_id ) return true; if( a.base.asset_id > b.base.asset_id ) return false; if( a.quote.asset_id < b.quote.asset_id ) return true; if( a.quote.asset_id > b.quote.asset_id ) return false; const auto amult = fc::uint128( b.quote.amount.value ) * a.base.amount.value; const auto bmult = fc::uint128( a.quote.amount.value ) * b.base.amount.value; return amult < bmult; } bool operator <= ( const price& a, const price& b ) { return (a == b) || (a < b); } bool operator != ( const price& a, const price& b ) { return !(a == b); } bool operator > ( const price& a, const price& b ) { return !(a <= b); } bool operator >= ( const price& a, const price& b ) { return !(a < b); } asset operator * ( const asset& a, const price& b ) { if( a.asset_id == b.base.asset_id ) { FC_ASSERT( b.base.amount.value > 0 ); auto result = (fc::uint128(a.amount.value) * b.quote.amount.value)/b.base.amount.value; FC_ASSERT( result <= GRAPHENE_MAX_SHARE_SUPPLY ); return asset( result.to_uint64(), b.quote.asset_id ); } else if( a.asset_id == b.quote.asset_id ) { FC_ASSERT( b.quote.amount.value > 0 ); auto result = (fc::uint128(a.amount.value) * b.base.amount.value)/b.quote.amount.value; FC_ASSERT( result <= GRAPHENE_MAX_SHARE_SUPPLY ); return asset( result.to_uint64(), b.base.asset_id ); } FC_THROW_EXCEPTION( fc::assert_exception, "invalid asset * price", ("asset",a)("price",b) ); } price operator / ( const asset& base, const asset& quote ) { try { FC_ASSERT( base.asset_id != quote.asset_id ); return price{base,quote}; } FC_CAPTURE_AND_RETHROW( (base)(quote) ) } price price::max( asset_id_type base, asset_id_type quote ) { return asset( share_type(GRAPHENE_MAX_SHARE_SUPPLY), base ) / asset( share_type(1), quote); } price price::min( asset_id_type base, asset_id_type quote ) { return asset( 1, base ) / asset( GRAPHENE_MAX_SHARE_SUPPLY, quote); } /** * The black swan price is defined as debt/collateral, we want to perform a margin call * before debt == collateral. Given a debt/collateral ratio of 1 USD / CORE and * a maintenance collateral requirement of 2x we can define the call price to be * 2 USD / CORE. * * This method divides the collateral by the maintenance collateral ratio to derive * a call price for the given black swan ratio. * * There exists some cases where the debt and collateral values are so small that * dividing by the collateral ratio will result in a 0 price or really poor * rounding errors. No matter what the collateral part of the price ratio can * never go to 0 and the debt can never go more than GRAPHENE_MAX_SHARE_SUPPLY * * CR * DEBT/COLLAT or DEBT/(COLLAT/CR) */ price price::call_price( const asset& debt, const asset& collateral, uint16_t collateral_ratio) { try { //wdump((debt)(collateral)(collateral_ratio)); boost::rational swan(debt.amount.value,collateral.amount.value); boost::rational ratio( collateral_ratio, GRAPHENE_COLLATERAL_RATIO_DENOM ); auto cp = swan * ratio; return ~(asset( cp.numerator(), debt.asset_id ) / asset( cp.denominator(), collateral.asset_id )); } FC_CAPTURE_AND_RETHROW( (debt)(collateral)(collateral_ratio) ) } bool price::is_null() const { return *this == price(); } void price::validate() const { try { FC_ASSERT( base.amount > share_type(0) ); FC_ASSERT( quote.amount > share_type(0) ); FC_ASSERT( base.asset_id != quote.asset_id ); } FC_CAPTURE_AND_RETHROW( (base)(quote) ) } void price_feed::validate() const { try { if( !settlement_price.is_null() ) settlement_price.validate(); FC_ASSERT( maximum_short_squeeze_ratio >= GRAPHENE_MIN_COLLATERAL_RATIO ); FC_ASSERT( maximum_short_squeeze_ratio <= GRAPHENE_MAX_COLLATERAL_RATIO ); FC_ASSERT( maintenance_collateral_ratio >= GRAPHENE_MIN_COLLATERAL_RATIO ); FC_ASSERT( maintenance_collateral_ratio <= GRAPHENE_MAX_COLLATERAL_RATIO ); //FC_ASSERT( maintenance_collateral_ratio >= maximum_short_squeeze_ratio ); } FC_CAPTURE_AND_RETHROW( (*this) ) } price price_feed::max_short_squeeze_price()const { boost::rational sp( settlement_price.base.amount.value, settlement_price.quote.amount.value ); //debt.amount.value,collateral.amount.value); boost::rational ratio( GRAPHENE_COLLATERAL_RATIO_DENOM, maximum_short_squeeze_ratio ); auto cp = sp * ratio; return (asset( cp.numerator(), settlement_price.base.asset_id ) / asset( cp.denominator(), settlement_price.quote.asset_id )); } // compile-time table of powers of 10 using template metaprogramming template< int N > struct p10 { static const int64_t v = 10 * p10::v; }; template<> struct p10<0> { static const int64_t v = 1; }; const int64_t scaled_precision_lut[19] = { p10< 0 >::v, p10< 1 >::v, p10< 2 >::v, p10< 3 >::v, p10< 4 >::v, p10< 5 >::v, p10< 6 >::v, p10< 7 >::v, p10< 8 >::v, p10< 9 >::v, p10< 10 >::v, p10< 11 >::v, p10< 12 >::v, p10< 13 >::v, p10< 14 >::v, p10< 15 >::v, p10< 16 >::v, p10< 17 >::v, p10< 18 >::v }; } } // graphene::chain