feat: use 10k XVS to estimate Prime's APY

VenusProtocol · Nov 24, 2023 · 1bd1240 · 1bd1240
1 parent 820af24
commit 1bd1240
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Showing 3 changed files with 22 additions and 26 deletions.
diff --git a/src/clients/api/queries/getLegacyPool/__tests__/__snapshots__/index.spec.ts.snap b/src/clients/api/queries/getLegacyPool/__tests__/__snapshots__/index.spec.ts.snap
@@ -26,7 +26,7 @@ exports[`getLegacyPool > does not fetch Prime distributions if user is not Prime
             "referenceValues": {
               "userBorrowBalanceTokens": "66012867068.78838627155172413793",
               "userSupplyBalanceTokens": "15951129109546755.24488088106947945753",
-              "userXvsStakedTokens": "1000",
+              "userXvsStakedTokens": "10000",
             },
             "token": {
               "address": "0x16227D60f7a0e586C66B005219dfc887D13C9531",
@@ -68,7 +68,7 @@ exports[`getLegacyPool > does not fetch Prime distributions if user is not Prime
             "referenceValues": {
               "userBorrowBalanceTokens": "66012867068.78838627155172413793",
               "userSupplyBalanceTokens": "15951129109546755.24488088106947945753",
-              "userXvsStakedTokens": "1000",
+              "userXvsStakedTokens": "10000",
             },
             "token": {
               "address": "0x16227D60f7a0e586C66B005219dfc887D13C9531",
@@ -122,7 +122,7 @@ exports[`getLegacyPool > does not fetch Prime distributions if user is not Prime
             "referenceValues": {
               "userBorrowBalanceTokens": "110643.61749019365079365079",
               "userSupplyBalanceTokens": "1.358795738297682434014619091383216952499549585717162e+31",
-              "userXvsStakedTokens": "1000",
+              "userXvsStakedTokens": "10000",
             },
             "token": {
               "address": "0xA11c8D9DC9b66E209Ef60F0C8D969D3CD988782c",
@@ -164,7 +164,7 @@ exports[`getLegacyPool > does not fetch Prime distributions if user is not Prime
             "referenceValues": {
               "userBorrowBalanceTokens": "110643.61749019365079365079",
               "userSupplyBalanceTokens": "1.358795738297682434014619091383216952499549585717162e+31",
-              "userXvsStakedTokens": "1000",
+              "userXvsStakedTokens": "10000",
             },
             "token": {
               "address": "0xA11c8D9DC9b66E209Ef60F0C8D969D3CD988782c",
@@ -218,7 +218,7 @@ exports[`getLegacyPool > does not fetch Prime distributions if user is not Prime
             "referenceValues": {
               "userBorrowBalanceTokens": "453577420.21510010545510979029",
               "userSupplyBalanceTokens": "447427293535420150.537063455989777353",
-              "userXvsStakedTokens": "1000",
+              "userXvsStakedTokens": "10000",
             },
             "token": {
               "address": "0x8301F2213c0eeD49a7E28Ae4c3e91722919B8B47",
@@ -260,7 +260,7 @@ exports[`getLegacyPool > does not fetch Prime distributions if user is not Prime
             "referenceValues": {
               "userBorrowBalanceTokens": "453577420.21510010545510979029",
               "userSupplyBalanceTokens": "447427293535420150.537063455989777353",
-              "userXvsStakedTokens": "1000",
+              "userXvsStakedTokens": "10000",
             },
             "token": {
               "address": "0x8301F2213c0eeD49a7E28Ae4c3e91722919B8B47",
@@ -671,7 +671,7 @@ exports[`getLegacyPool > fetches and formats Prime distributions and Prime distr
             "referenceValues": {
               "userBorrowBalanceTokens": "66012867068.78838627155172413793",
               "userSupplyBalanceTokens": "15951129109546755.24488088106947945753",
-              "userXvsStakedTokens": "1000",
+              "userXvsStakedTokens": "10000",
             },
             "token": {
               "address": "0x16227D60f7a0e586C66B005219dfc887D13C9531",
@@ -723,7 +723,7 @@ exports[`getLegacyPool > fetches and formats Prime distributions and Prime distr
             "referenceValues": {
               "userBorrowBalanceTokens": "66012867068.78838627155172413793",
               "userSupplyBalanceTokens": "15951129109546755.24488088106947945753",
-              "userXvsStakedTokens": "1000",
+              "userXvsStakedTokens": "10000",
             },
             "token": {
               "address": "0x16227D60f7a0e586C66B005219dfc887D13C9531",
@@ -787,7 +787,7 @@ exports[`getLegacyPool > fetches and formats Prime distributions and Prime distr
             "referenceValues": {
               "userBorrowBalanceTokens": "110643.61749019365079365079",
               "userSupplyBalanceTokens": "1.358795738297682434014619091383216952499549585717162e+31",
-              "userXvsStakedTokens": "1000",
+              "userXvsStakedTokens": "10000",
             },
             "token": {
               "address": "0xA11c8D9DC9b66E209Ef60F0C8D969D3CD988782c",
@@ -839,7 +839,7 @@ exports[`getLegacyPool > fetches and formats Prime distributions and Prime distr
             "referenceValues": {
               "userBorrowBalanceTokens": "110643.61749019365079365079",
               "userSupplyBalanceTokens": "1.358795738297682434014619091383216952499549585717162e+31",
-              "userXvsStakedTokens": "1000",
+              "userXvsStakedTokens": "10000",
             },
             "token": {
               "address": "0xA11c8D9DC9b66E209Ef60F0C8D969D3CD988782c",
@@ -903,7 +903,7 @@ exports[`getLegacyPool > fetches and formats Prime distributions and Prime distr
             "referenceValues": {
               "userBorrowBalanceTokens": "453577420.21510010545510979029",
               "userSupplyBalanceTokens": "447427293535420150.537063455989777353",
-              "userXvsStakedTokens": "1000",
+              "userXvsStakedTokens": "10000",
             },
             "token": {
               "address": "0x8301F2213c0eeD49a7E28Ae4c3e91722919B8B47",
@@ -955,7 +955,7 @@ exports[`getLegacyPool > fetches and formats Prime distributions and Prime distr
             "referenceValues": {
               "userBorrowBalanceTokens": "453577420.21510010545510979029",
               "userSupplyBalanceTokens": "447427293535420150.537063455989777353",
-              "userXvsStakedTokens": "1000",
+              "userXvsStakedTokens": "10000",
             },
             "token": {
               "address": "0x8301F2213c0eeD49a7E28Ae4c3e91722919B8B47",

diff --git a/src/clients/api/queries/getLegacyPool/appendPrimeSimulationDistributions.ts b/src/clients/api/queries/getLegacyPool/appendPrimeSimulationDistributions.ts
@@ -4,7 +4,6 @@ import { Asset, Token } from 'types';
 import {
   areAddressesEqual,
   convertAprToApy,
-  convertMantissaToTokens,
   convertTokensToMantissa,
 } from 'utilities';
 
@@ -15,7 +14,6 @@ export interface ResolvePrimeSimulationDistributionsInput {
   primeVTokenAddresses: string[];
   assets: Asset[];
   xvs: Token;
-  primeMinimumXvsToStakeMantissa: BigNumber;
   accountAddress?: string;
 }
 
@@ -25,14 +23,7 @@ export const appendPrimeSimulationDistributions = async ({
   assets,
   xvs,
   accountAddress,
-  primeMinimumXvsToStakeMantissa,
-}: ResolvePrimeSimulationDistributionsInput) => {
-  const primeMinimumXvsToStakeTokens = convertMantissaToTokens({
-    value: primeMinimumXvsToStakeMantissa,
-    token: xvs,
-  });
-
-  return Promise.allSettled(
+}: ResolvePrimeSimulationDistributionsInput) => Promise.allSettled(
     primeVTokenAddresses.map(primeVTokenAddress => {
       const asset = assets.find(poolAsset =>
         areAddressesEqual(poolAsset.vToken.address, primeVTokenAddress),
@@ -55,18 +46,25 @@ export const appendPrimeSimulationDistributions = async ({
           token: asset.vToken.underlyingToken,
         });
 
+        // Estimate Prime APR with an amount of 10k XVS staked
+        const stakedXvsForEstimationTokens = new BigNumber(10000);
+        const stakedXvsForEstimationMantissa = convertTokensToMantissa({
+          value: stakedXvsForEstimationTokens,
+          token: xvs,
+        });
+
         const simulatedPrimeAprs = await primeContract.estimateAPR(
           primeVTokenAddress,
           accountAddress || NULL_ADDRESS,
           averageBorrowBalanceMantissa.toFixed(),
           averageSupplyBalanceMantissa.toFixed(),
-          primeMinimumXvsToStakeMantissa.toFixed(),
+          stakedXvsForEstimationMantissa.toFixed(),
         );
 
         const referenceValues = {
           userSupplyBalanceTokens: averageSupplyBalanceTokens,
           userBorrowBalanceTokens: averageBorrowBalanceTokens,
-          userXvsStakedTokens: primeMinimumXvsToStakeTokens,
+          userXvsStakedTokens: stakedXvsForEstimationTokens,
         };
 
         const borrowSimulatedPrimeApy = convertAprToApy({
@@ -95,4 +93,3 @@ export const appendPrimeSimulationDistributions = async ({
       return promise();
     }),
   );
-};
diff --git a/src/clients/api/queries/getLegacyPool/index.ts b/src/clients/api/queries/getLegacyPool/index.ts
@@ -175,7 +175,6 @@ const getLegacyPool = async ({
       primeContract,
       primeVTokenAddresses,
       accountAddress,
-      primeMinimumXvsToStakeMantissa: new BigNumber(primeMinimumXvsToStakeMantissa.toString()),
       xvs,
     });
   }