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Light Account: $50 USD Default Fiat Buy #5216

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Merged
merged 1 commit into from
Aug 24, 2024
Merged

Light Account: $50 USD Default Fiat Buy #5216

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1 change: 1 addition & 0 deletions CHANGELOG.md
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Original file line number Diff line number Diff line change
Expand Up @@ -11,6 +11,7 @@
- added: Ethereum (Holesky) staking via Kiln
- added: dRPC api key option for EVM chains
- added: Handle KYC error responses from Bity
- changed: Use a $50 USD default fiat purchase amount for light accounts
- changed: Enable Bitpay payments for FIO names and domains
- changed: Disable Home scene swap and FIO cards if configured
- changed: Allow some chains to be disabled in env.json
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9 changes: 6 additions & 3 deletions src/plugins/gui/amountQuotePlugin.ts
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Original file line number Diff line number Diff line change
Expand Up @@ -50,6 +50,7 @@ type InternalFiatPluginEnterAmountParams = FiatPluginEnterAmountParams & {
const providerFactories = [banxaProvider, bityProvider, kadoProvider, moonpayProvider, mtpelerinProvider, paybisProvider, simplexProvider]

const DEFAULT_FIAT_AMOUNT = '500'
const DEFAULT_FIAT_AMOUNT_LIGHT_ACCOUNT = '50'

/**
* Amount that we will attempt to get a quote for if the user presses the MAX button
Expand Down Expand Up @@ -234,21 +235,23 @@ export const amountQuoteFiatPlugin: FiatPluginFactory = async (params: FiatPlugi

logEvent(isBuy ? 'Buy_Quote' : 'Sell_Quote')

// Pick a default fiat amount that is roughly equal to DEFAULT_FIAT_AMOUNT
// Pick a default fiat amount in the foreign fiat amount that is roughly
// equal to the default USD fiat amount
let initialValue1: string | undefined
const startingFiatAmount = isLightAccount ? DEFAULT_FIAT_AMOUNT_LIGHT_ACCOUNT : defaultFiatAmount ?? DEFAULT_FIAT_AMOUNT
if (displayFiatCurrencyCode !== 'USD' && defaultFiatAmount == null) {
const isoFiatCurrencyCode = `iso:${displayFiatCurrencyCode}`
const isoNow = new Date().toISOString()
const ratePair = `${isoFiatCurrencyCode}_iso:USD`
const rate = await getHistoricalRate(ratePair, isoNow)
initialValue1 = div(DEFAULT_FIAT_AMOUNT, String(rate), DECIMAL_PRECISION)
initialValue1 = div(startingFiatAmount, String(rate), DECIMAL_PRECISION)
// Round out a decimals
initialValue1 = round(initialValue1, 0)

// Only leave the first decimal
initialValue1 = round(initialValue1, initialValue1.length - 1)
} else {
initialValue1 = requireCrypto ? undefined : defaultFiatAmount ?? DEFAULT_FIAT_AMOUNT
initialValue1 = requireCrypto ? undefined : startingFiatAmount
}

// Navigate to scene to have user enter amount
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