package keeper import ( "fmt" "github.com/0glabs/0g-chain/x/earn/types" sdk "github.com/cosmos/cosmos-sdk/types" ) // ConvertToShares converts a given amount of tokens to shares. func (k *Keeper) ConvertToShares(ctx sdk.Context, assets sdk.Coin) (types.VaultShare, error) { totalShares, found := k.GetVaultTotalShares(ctx, assets.Denom) if !found { // No shares issued yet, so shares are issued 1:1 return types.NewVaultShare(assets.Denom, sdk.NewDecFromInt(assets.Amount)), nil } totalValue, err := k.GetVaultTotalValue(ctx, assets.Denom) if err != nil { return types.VaultShare{}, err } if totalValue.Amount.IsZero() { return types.VaultShare{}, fmt.Errorf("total value of vault is zero") } // sharePrice = totalValue / totalShares // issuedShares = assets / sharePrice // issuedShares = assets / (totalValue / totalShares) // = assets * (totalShares / totalValue) // = (assets * totalShares) / totalValue // // Multiply by reciprocal of sharePrice to avoid two divisions and limit // rounding to one time. Per-share price is also not used as there is a loss // of precision. // Division is done at the last step as there is a slight amount that is // rounded down. // For example: // 100 * 100 / 105 == 10000 / 105 == 95.238095238095238095 // 100 * (100 / 105) == 100 * 0.952380952380952380 == 95.238095238095238000 // rounded down and truncated ^ loss of precision ^ issuedShares := sdk.NewDecFromInt(assets.Amount).Mul(totalShares.Amount).QuoTruncate(sdk.NewDecFromInt(totalValue.Amount)) if issuedShares.IsZero() { return types.VaultShare{}, fmt.Errorf("share count is zero") } return types.NewVaultShare(assets.Denom, issuedShares), nil } // ConvertToAssets converts a given amount of shares to tokens. func (k *Keeper) ConvertToAssets(ctx sdk.Context, share types.VaultShare) (sdk.Coin, error) { totalVaultShares, found := k.GetVaultTotalShares(ctx, share.Denom) if !found { return sdk.Coin{}, fmt.Errorf("vault for %s not found", share.Denom) } totalValue, err := k.GetVaultTotalValue(ctx, share.Denom) if err != nil { return sdk.Coin{}, err } // percentOwnership := accShares / totalVaultShares // accValue := totalValue * percentOwnership // accValue := totalValue * accShares / totalVaultShares // Division must be last to avoid rounding errors and properly truncate. value := sdk.NewDecFromInt(totalValue.Amount).Mul(share.Amount).QuoTruncate(totalVaultShares.Amount) return sdk.NewCoin(share.Denom, value.TruncateInt()), nil } // ShareIsDust returns true if the share value is less than 1 coin func (k *Keeper) ShareIsDust(ctx sdk.Context, share types.VaultShare) (bool, error) { coin, err := k.ConvertToAssets(ctx, share) if err != nil { return false, err } // Truncated int, becomes zero if < 1 return coin.IsZero(), nil }