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Min Sale Amount Calculation Assertion Updates #6

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Min Sale Amount Calculation Assertion Updates #6

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f6919a1
Update to Min Sale Calculation
bretheren Aug 15, 2024
27d3e19
Merge branch 'main' into feature/min_sale_calc_update
bretheren Aug 18, 2024
6b6c2f2
Update check on Min Sale Amount
bretheren Aug 18, 2024
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87 changes: 65 additions & 22 deletions src/contract.rs
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Original file line number Diff line number Diff line change
Expand Up @@ -13,21 +13,58 @@ use cw_storage_plus::Bound;
use cw_utils::{NativeBalance, PaymentError};
use fuzion_flows::{FlowCreate, FlowSchedule, FlowType};
use fuzion_utilities::{Asset, AssetList, DenomUnit, LogoURIs};
use kujira::{DenomMsg, KujiraMsg, KujiraQuery, Precision};
use kujira::{DenomMsg, KujiraMsg, KujiraQuerier, KujiraQuery, Precision};
use kujira_orca::BidPoolsResponse;
use kujira_pilot::Status;
use kujira_pilot::{CreateOrca, CreateSale, Status};

use crate::launch::Launch;
use crate::msg::{
Bow, CallbackType, CategoryTypes, Config, Fin, LaunchStatus, Pilot, ReplyInfo, ReplyTypes,
Token, Tokenomics,
BidDenoms, Bow, CallbackType, CategoryTypes, Config, Fin, LaunchStatus, Pilot, ReplyInfo,
ReplyTypes, Token, Tokenomics, TokenomicsCategories,
};
use crate::state::{launch, CONFIG, REPLY};
use crate::{ContractError, ExecuteMsg, InstantiateMsg, MigrateMsg, QueryMsg};

const CONTRACT_NAME: &str = "fuzion-kujira-keiko";
const CONTRACT_VERSION: &str = env!("CARGO_PKG_VERSION");

pub fn assert_min_sale_amount(
kujira_querier: &KujiraQuerier,
config: &Config,
bid_denom: &BidDenoms,
sale_category: &TokenomicsCategories,
sale: &CreateSale,
orca: &CreateOrca,
) -> Result<(), ContractError> {
let oracle_price = kujira_querier.query_exchange_rate(
bid_denom
.oracle_symbol
.clone()
.unwrap_or(bid_denom.symbol.to_string()),
)?;
let normalized_usd_price = oracle_price.normalize(bid_denom.decimals);
let launch_min_raise_amount = sale_category.recipients[0]
.amount
.mul(sale.price)
.mul(
Decimal::one().sub(
Decimal::from_str(&orca.max_slot.to_string())
.unwrap()
.mul(orca.premium_rate_per_slot),
),
)
.mul(normalized_usd_price);

ensure!(
launch_min_raise_amount > config.pilot.min_raise_amount,
ContractError::InvalidRaiseAmount(
launch_min_raise_amount.to_string(),
config.pilot.min_raise_amount.to_string()
)
);
Ok(())
}

#[entry_point]
pub fn migrate(deps: DepsMut<KujiraQuery>, _env: Env, _msg: MigrateMsg) -> StdResult<Response> {
set_contract_version(deps.storage, CONTRACT_NAME, CONTRACT_VERSION)?;
Expand Down Expand Up @@ -389,7 +426,10 @@ pub fn execute(
.iter()
.find(|d| d.denom == orca.bid_denom.clone());

ensure!(bid_denom.is_some(), ContractError::InvalidBidDenom {});
ensure!(
bid_denom.clone().is_some(),
ContractError::InvalidBidDenom {}
);

let categories = launch.clone().tokenomics.unwrap().categories;

Expand All @@ -398,19 +438,14 @@ pub fn execute(
.find(|c| c.category_type == CategoryTypes::Sale)
.unwrap();

let launch_min_raise_amount = sale_category.recipients[0].amount.mul(sale.price).mul(
Decimal::from_str(&orca.max_slot.to_string())
.unwrap()
.mul(orca.premium_rate_per_slot),
);

ensure!(
launch_min_raise_amount > config.pilot.min_raise_amount,
ContractError::InvalidRaiseAmount(
launch_min_raise_amount.to_string(),
config.pilot.min_raise_amount.to_string()
)
);
assert_min_sale_amount(
&KujiraQuerier::new(&deps.querier),
&config,
bid_denom.unwrap(),
sale_category,
&sale,
&orca,
)?;

let mut pilot = Pilot {
idx: None,
Expand Down Expand Up @@ -501,13 +536,21 @@ pub fn execute(
launch.pilot.clone().unwrap().sale
};

let orca = launch.pilot.clone().unwrap().orca;

assert_min_sale_amount(
&KujiraQuerier::new(&deps.querier),
&config,
bid_denom.unwrap(),
sale_category,
&sale,
&orca,
)?;

messages.push(SubMsg::reply_on_success(
CosmosMsg::Wasm(wasm_execute(
config.pilot.pilot_contract,
&kujira_pilot::ExecuteMsg::Create {
sale,
orca: launch.pilot.clone().unwrap().orca,
},
&kujira_pilot::ExecuteMsg::Create { sale, orca },
vec![pilot_config.deposit, sale_funds],
)?),
ReplyTypes::Create as u64,
Expand Down
1 change: 1 addition & 0 deletions src/msg.rs
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Original file line number Diff line number Diff line change
Expand Up @@ -214,6 +214,7 @@ impl fmt::Display for LaunchStatus {
pub struct BidDenoms {
pub denom: Denom,
pub symbol: String,
pub oracle_symbol: Option<String>,
pub decimals: u8,
}

Expand Down
3 changes: 3 additions & 0 deletions src/tests.rs
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Original file line number Diff line number Diff line change
Expand Up @@ -194,6 +194,7 @@ fn launch_new_token() {
allowed_bid_denoms: vec![BidDenoms {
denom: Denom::from("bid"),
symbol: "bid".to_string(),
oracle_symbol: None,
decimals: 6,
}],
min_raise_amount: Uint128::from(100_000_000_000u128),
Expand Down Expand Up @@ -749,6 +750,7 @@ fn launch_own_token() {
allowed_bid_denoms: vec![BidDenoms {
denom: Denom::from("bid"),
symbol: "bid".to_string(),
oracle_symbol: None,
decimals: 6,
}],
min_raise_amount: Uint128::from(100_000_000_000u128),
Expand Down Expand Up @@ -1249,6 +1251,7 @@ fn launch_own_token_18_decimals() {
allowed_bid_denoms: vec![BidDenoms {
denom: Denom::from("bid"),
symbol: "bid".to_string(),
oracle_symbol: None,
decimals: 6,
}],
min_raise_amount: Uint128::from(100_000_000_000u128),
Expand Down