Update account level default IMF to 0.02 (#772)

dydxprotocol · Jan 18, 2025 · ad045e5 · ad045e5
1 parent 863c948
commit ad045e5
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Showing 4 changed files with 18 additions and 18 deletions.
diff --git a/src/commonMain/kotlin/exchange.dydx.abacus/calculator/V2/SubaccountCalculatorV2.kt b/src/commonMain/kotlin/exchange.dydx.abacus/calculator/V2/SubaccountCalculatorV2.kt
@@ -180,7 +180,7 @@ internal class SubaccountCalculatorV2(
             val equity = calculated?.equity
             val initialRiskTotal = calculated?.initialRiskTotal
             if (quoteBalance != null && equity != null && initialRiskTotal != null) {
-                val imf = configs?.initialMarginFraction ?: 0.05
+                val imf = configs?.initialMarginFraction ?: 0.02
 
                 calculated.buyingPower = calculateBuyingPower(
                     equity = equity,

diff --git a/src/commonMain/kotlin/exchange.dydx.abacus/state/model/TradingStateMachine.kt b/src/commonMain/kotlin/exchange.dydx.abacus/state/model/TradingStateMachine.kt
@@ -730,7 +730,7 @@ open class TradingStateMachine(
                     marketsSummary = internalState.marketsSummary,
                     periods = periods,
                     price = null, // priceOverwrite(markets),
-                    configs = null, // This is used to get the IMF.. with "null" the default value 0.05 will be used
+                    configs = null, // This is used to get the IMF.. with "null" the default value 0.02 will be used
                 )
             } else {
                 this.marketsSummary?.let { marketsSummary ->

diff --git a/src/commonTest/kotlin/exchange.dydx.abacus/payload/TransferInputTests.kt b/src/commonTest/kotlin/exchange.dydx.abacus/payload/TransferInputTests.kt
@@ -94,8 +94,8 @@ class TransferInputTests : V4BaseTests() {
             assertEquals(0.27310138690337965, calculatedPostOrder.leverage)
             assertEquals(0.013655195644485585, calculatedCurrent.marginUsage)
             assertEquals(0.013655069345169024, calculatedPostOrder.marginUsage)
-            assertEquals(2132807.5345397857, calculatedCurrent.buyingPower)
-            assertEquals(2132827.5345397857, calculatedPostOrder.buyingPower)
+            assertEquals(5332018.836349465, calculatedCurrent.buyingPower)
+            assertEquals(5332068.836349465, calculatedPostOrder.buyingPower)
         } else {
             test(
                 {
@@ -170,8 +170,8 @@ class TransferInputTests : V4BaseTests() {
             assertEquals(0.2610321394033229, calculatedPostOrder.leverage)
             assertEquals(0.013655195644485585, calculatedCurrent.marginUsage)
             assertEquals(0.013051606970166163, calculatedPostOrder.marginUsage)
-            assertEquals(2132807.5345397857, calculatedCurrent.buyingPower)
-            assertEquals(2232807.5345397857, calculatedPostOrder.buyingPower)
+            assertEquals(5332018.836349465, calculatedCurrent.buyingPower)
+            assertEquals(5582018.836349465, calculatedPostOrder.buyingPower)
         } else {
             test(
                 {
@@ -255,8 +255,8 @@ class TransferInputTests : V4BaseTests() {
             assertEquals(0.2706010528035248, calculatedPostOrder.leverage)
             assertEquals(0.013655195644485585, calculatedCurrent.marginUsage)
             assertEquals(0.01353005264017626, calculatedPostOrder.marginUsage)
-            assertEquals(2132807.5345397857, calculatedCurrent.buyingPower)
-            assertEquals(2152807.5345397857, calculatedPostOrder.buyingPower)
+            assertEquals(5332018.836349465, calculatedCurrent.buyingPower)
+            assertEquals(5382018.836349465, calculatedPostOrder.buyingPower)
         } else {
             test(
                 {
@@ -339,8 +339,8 @@ class TransferInputTests : V4BaseTests() {
             assertEquals(0.27062585430277314, calculatedPostOrder.leverage)
             assertEquals(0.013655195644485585, calculatedCurrent.marginUsage)
             assertEquals(0.013531292715138643, calculatedPostOrder.marginUsage)
-            assertEquals(2132807.5345397857, calculatedCurrent.buyingPower)
-            assertEquals(2152607.5345397857, calculatedPostOrder.buyingPower)
+            assertEquals(5332018.836349465, calculatedCurrent.buyingPower)
+            assertEquals(5381518.836349465, calculatedPostOrder.buyingPower)
         } else {
             test(
                 {
@@ -446,8 +446,8 @@ class TransferInputTests : V4BaseTests() {
             assertEquals(0.2756535044256519, calculatedPostOrder.leverage)
             assertEquals(0.013655195644485585, calculatedCurrent.marginUsage)
             assertEquals(0.013782675221282625, calculatedPostOrder.marginUsage)
-            assertEquals(2132807.5345397857, calculatedCurrent.buyingPower)
-            assertEquals(2112807.5345397857, calculatedPostOrder.buyingPower)
+            assertEquals(5332018.836349465, calculatedCurrent.buyingPower)
+            assertEquals(5282018.836349465, calculatedPostOrder.buyingPower)
         } else {
             test(
                 {
@@ -530,8 +530,8 @@ class TransferInputTests : V4BaseTests() {
             assertEquals(0.2756792407635699, calculatedPostOrder.leverage)
             assertEquals(0.013655195644485585, calculatedCurrent.marginUsage)
             assertEquals(0.013783962038178554, calculatedPostOrder.marginUsage)
-            assertEquals(2132807.5345397857, calculatedCurrent.buyingPower)
-            assertEquals(2112607.5345397857, calculatedPostOrder.buyingPower)
+            assertEquals(5332018.836349465, calculatedCurrent.buyingPower)
+            assertEquals(5281518.836349465, calculatedPostOrder.buyingPower)
         } else {
             test(
                 {
@@ -635,8 +635,8 @@ class TransferInputTests : V4BaseTests() {
             assertEquals(0.2756535044256519, calculatedPostOrder.leverage)
             assertEquals(0.013655195644485585, calculatedCurrent.marginUsage)
             assertEquals(0.013782675221282625, calculatedPostOrder.marginUsage)
-            assertEquals(2132807.5345397857, calculatedCurrent.buyingPower)
-            assertEquals(2112807.5345397857, calculatedPostOrder.buyingPower)
+            assertEquals(5332018.836349465, calculatedCurrent.buyingPower)
+            assertEquals(5282018.836349465, calculatedPostOrder.buyingPower)
 
             assertTrue { perp.state?.input?.transfer?.transferOutOptions?.assets?.count() == 2 }
             assertTrue { perp.state?.input?.transfer?.transferOutOptions?.chains?.count() == 1 }

diff --git a/src/commonTest/kotlin/exchange.dydx.abacus/payload/v4/V4CalculationTests.kt b/src/commonTest/kotlin/exchange.dydx.abacus/payload/v4/V4CalculationTests.kt
@@ -89,7 +89,7 @@ class V4CalculationTests : V4BaseTests() {
             assertEquals(50.0, calculated?.initialRiskTotal)
             assertEquals(10.0, calculated?.leverage)
             assertEquals(0.5, calculated?.marginUsage)
-            assertEquals(1000.0, calculated?.buyingPower)
+            assertEquals(2500.0, calculated?.buyingPower)
 
             val ethPosition = subaccount?.openPositions?.get("ETH-USD")
             val positionCalculated = ethPosition?.calculated?.get(CalculationPeriod.current)
@@ -208,7 +208,7 @@ class V4CalculationTests : V4BaseTests() {
             assertEquals(50.0, calculated.initialRiskTotal)
             assertEquals(10.0, calculated.leverage)
             assertEquals(0.5, calculated.marginUsage)
-            assertEquals(1000.0, calculated.buyingPower)
+            assertEquals(2500.0, calculated.buyingPower)
 
             val ethPosition = subaccount.openPositions?.get("ETH-USD")!!
             val positionCalculated = ethPosition.calculated[CalculationPeriod.current]!!