Merge pull request #162 from curvefi/task/max-ltv

task: show MAX LTV
curvefi · Apr 25, 2024 · 073f108 · 073f108
2 parents 1f4024b + 63e45ec
commit 073f108
Showing 1 changed file with 36 additions and 15 deletions.
diff --git a/apps/lend/src/components/DetailsMarket/components/MarketParameters.tsx b/apps/lend/src/components/DetailsMarket/components/MarketParameters.tsx
@@ -8,6 +8,7 @@ import { SubTitle } from '@/components/DetailsMarket/styles'
 import Box from '@/ui/Box'
 import Chip from '@/ui/Typography/Chip'
 import DetailInfo from '@/ui/DetailInfo'
+import Icon from '@/ui/Icon'
 
 const MarketParameters = ({
   rChainId,
@@ -18,6 +19,7 @@ const MarketParameters = ({
   rOwmId: string
   type: 'borrow' | 'supply'
 }) => {
+  const isAdvanceMode = useStore((state) => state.isAdvanceMode)
   const owmData = useStore((state) => state.markets.owmDatasMapper[rChainId]?.[rOwmId])
   const loanPricesResp = useStore((state) => state.markets.pricesMapper[rChainId]?.[rOwmId])
   const parametersResp = useStore((state) => state.markets.statsParametersMapper[rChainId]?.[rOwmId])
@@ -29,14 +31,15 @@ const MarketParameters = ({
   const { pricePerShare, error: pricePerShareError } = vaultPricePerShareResp ?? {}
 
   // prettier-ignore
-  const marketDetails: { label: string; value: string | number | undefined; formatOptions?: NumberFormatOptions; title?: string; isError: string; isRow?: boolean }[][] = type === 'borrow' ?
+  const marketDetails: { label: string; value: string | number | undefined; formatOptions?: NumberFormatOptions; title?: string; isError: string; isRow?: boolean, isAdvance?: boolean; tooltip?: string }[][] = type === 'borrow' ?
     [
       [
         { label: t`AMM swap fee`, value: parameters?.fee, formatOptions: { ...FORMAT_OPTIONS.PERCENT, maximumSignificantDigits: 3 }, isError: parametersError },
         { label: t`Admin fee`, value: parameters?.admin_fee, formatOptions: { ...FORMAT_OPTIONS.PERCENT, maximumSignificantDigits: 3 }, isError: parametersError },
         { label: t`A`, value: parameters?.A, formatOptions: { useGrouping: false }, isError: parametersError },
         { label: t`Loan discount`, value: parameters?.loan_discount, formatOptions: { ...FORMAT_OPTIONS.PERCENT, maximumSignificantDigits: 2 }, isError: parametersError },
         { label: t`Liquidation discount`, value: parameters?.liquidation_discount, formatOptions: { ...FORMAT_OPTIONS.PERCENT, maximumSignificantDigits: 2 }, isError: parametersError },
+        { label: t`Max LTV`, value: _getMaxLTV( parameters?.A, parameters?.loan_discount), formatOptions: { ...FORMAT_OPTIONS.PERCENT, maximumSignificantDigits: 2 }, isError: parametersError, isAdvance: true, tooltip: t`Max possible loan at N=4` },
       ],
       [
         { label: t`Base price`, value: prices?.basePrice, formatOptions: { showAllFractionDigits: true }, title: t`Prices`, isError: pricesError },
@@ -59,24 +62,32 @@ const MarketParameters = ({
         const isError = (idx === 0 && !!parametersError) || (idx === 1 && pricesError)
         return (
           <div key={`details-${idx}`}>
-            {details.map(({ label, value, formatOptions, title, isError, isRow }) => {
+            {details.map(({ label, value, formatOptions, title, isError, isRow, isAdvance, tooltip }) => {
+              const show = typeof isAdvance === 'undefined' || (isAdvance && isAdvanceMode)
               return (
                 <React.Fragment key={label}>
-                  {title && <SubTitle>{title}</SubTitle>}
-                  {isRow ? (
-                    <Box grid>
-                      <Chip isBold>{label}:</Chip>
-                      <strong>{formatNumber(value, { ...(formatOptions ?? {}), defaultValue: '-' })}</strong>
-                    </Box>
-                  ) : (
-                    <DetailInfo key={label} label={label}>
-                      {isError ? (
-                        '?'
+                  {show ? (
+                    <>
+                      {title && <SubTitle>{title}</SubTitle>}
+                      {isRow ? (
+                        <Box grid>
+                          <Chip isBold>{label}:</Chip>
+                          <strong>{formatNumber(value, { ...(formatOptions ?? {}), defaultValue: '-' })}</strong>
+                        </Box>
                       ) : (
-                        <strong>{formatNumber(value, { ...(formatOptions ?? {}), defaultValue: '-' })}</strong>
+                        <DetailInfo key={label} label={label}>
+                          {isError ? (
+                            '?'
+                          ) : (
+                            <Chip {...(tooltip ? { tooltip, tooltipProps: { noWrap: true } } : {})} isBold>
+                              {formatNumber(value, { ...(formatOptions ?? {}), defaultValue: '-' })}
+                              {tooltip && <Icon className="svg-tooltip" name="InformationSquare" size={16} />}
+                            </Chip>
+                          )}
+                        </DetailInfo>
                       )}
-                    </DetailInfo>
-                  )}
+                    </>
+                  ) : null}
                 </React.Fragment>
               )
             })}
@@ -87,4 +98,14 @@ const MarketParameters = ({
   )
 }
 
+// In [1]: ltv = lambda x: ((x[0] - 1) / x[0])**2 * (1 - x[1])
+// In [2]: ltv((30, 0.11))
+// Out[2]: 0.8316555555555556
+// where x[0] is A, x[1] is loan discount normalised between 0 and 1 (so 11% is 0.11). multiply ltv by 100 to show percentage.
+// always show 'max ltv' which is the max possible loan at N=4 (not advisable but hey it exists!).
+function _getMaxLTV(a: string | undefined, loanDiscount: string | undefined) {
+  if (typeof a === 'undefined' || typeof loanDiscount === 'undefined') return ''
+  return ((+a - 1) / +a) ** 2 * (1 - +loanDiscount / 100) * 100
+}
+
 export default MarketParameters