protocol/contracts/staking/test/simulations_test.ts
2019-08-21 13:04:16 -07:00

364 lines
18 KiB
TypeScript

import { ERC20ProxyContract, ERC20Wrapper } from '@0x/contracts-asset-proxy';
import { DummyERC20TokenContract } from '@0x/contracts-erc20';
import {
chaiSetup,
expectTransactionFailedAsync,
provider,
web3Wrapper,
} from '@0x/contracts-test-utils';
import { BlockchainLifecycle } from '@0x/dev-utils';
import { RevertReason } from '@0x/types';
import { BigNumber } from '@0x/utils';
import * as _ from 'lodash';
import { Simulation } from './utils/Simulation';
import { StakingWrapper } from './utils/staking_wrapper';
chaiSetup.configure();
const blockchainLifecycle = new BlockchainLifecycle(web3Wrapper);
// tslint:disable:no-unnecessary-type-assertion
describe('End-To-End Simulations', () => {
// constants
const ZRX_TOKEN_DECIMALS = new BigNumber(18);
// tokens & addresses
let accounts: string[];
let owner: string;
let exchange: string;
let users: string[];
let zrxTokenContract: DummyERC20TokenContract;
let erc20ProxyContract: ERC20ProxyContract;
// wrappers
let stakingWrapper: StakingWrapper;
let erc20Wrapper: ERC20Wrapper;
// tests
before(async () => {
await blockchainLifecycle.startAsync();
});
after(async () => {
await blockchainLifecycle.revertAsync();
});
before(async () => {
// create accounts
accounts = await web3Wrapper.getAvailableAddressesAsync();
owner = accounts[0];
exchange = accounts[1];
users = accounts.slice(2);
users = [...users, ...users]; // @TODO figure out how to get more addresses from `web3Wrapper`
// deploy erc20 proxy
erc20Wrapper = new ERC20Wrapper(provider, accounts, owner);
erc20ProxyContract = await erc20Wrapper.deployProxyAsync();
// deploy zrx token
[zrxTokenContract] = await erc20Wrapper.deployDummyTokensAsync(1, ZRX_TOKEN_DECIMALS);
await erc20Wrapper.setBalancesAndAllowancesAsync();
// deploy staking contracts
stakingWrapper = new StakingWrapper(provider, owner, erc20ProxyContract, zrxTokenContract, accounts);
await stakingWrapper.deployAndConfigureContractsAsync();
});
beforeEach(async () => {
await blockchainLifecycle.startAsync();
});
afterEach(async () => {
await blockchainLifecycle.revertAsync();
});
describe('Simulations', () => {
it('Should successfully simulate (no delegators / no shadow balances)', async () => {
// @TODO - get computations more accurate
const simulationParams = {
users,
numberOfPools: 3,
poolOperatorShares: [100, 100, 100],
stakeByPoolOperator: [
stakingWrapper.toBaseUnitAmount(42),
stakingWrapper.toBaseUnitAmount(84),
stakingWrapper.toBaseUnitAmount(97),
],
numberOfMakers: 6,
numberOfMakersPerPool: [1, 2, 3],
protocolFeesByMaker: [
// pool 1
stakingWrapper.toBaseUnitAmount(0.304958),
// pool 2
stakingWrapper.toBaseUnitAmount(3.2),
stakingWrapper.toBaseUnitAmount(12.123258),
// pool 3
stakingWrapper.toBaseUnitAmount(23.577),
stakingWrapper.toBaseUnitAmount(4.54522236),
stakingWrapper.toBaseUnitAmount(0),
],
numberOfDelegators: 0,
numberOfDelegatorsPerPool: [0, 0, 0],
stakeByDelegator: [],
delegateInNextEpoch: false, // no shadow eth
withdrawByUndelegating: false, // profits are withdrawn without undelegating
expectedFeesByPool: [
stakingWrapper.toBaseUnitAmount(0.304958),
stakingWrapper.toBaseUnitAmount(15.323258),
stakingWrapper.toBaseUnitAmount(28.12222236),
],
expectedPayoutByPool: [
new BigNumber('4.75677'), // 4.756772362932728793619590327361600155564384201215274334070
new BigNumber('16.28130'), // 16.28130500394935316563988584956596823402223838026190634525
new BigNumber('20.31028'), // 20.31028447343014834523983759032242063760612769662934308289
],
expectedPayoutByPoolOperator: [
new BigNumber('4.75677'), // 4.756772362932728793619590327361600155564384201215274334070
new BigNumber('16.28130'), // 16.28130500394935316563988584956596823402223838026190634525
new BigNumber('20.31028'), // 20.31028447343014834523983759032242063760612769662934308289
],
expectedMembersPayoutByPool: [new BigNumber('0'), new BigNumber('0'), new BigNumber('0')],
expectedPayoutByDelegator: [],
exchangeAddress: exchange,
};
const simulator = new Simulation(stakingWrapper, simulationParams);
await simulator.runAsync();
});
it('Should successfully simulate (delegators withdraw by undeleating / no shadow balances)', async () => {
// @TODO - get computations more accurate
/*
\ // the expected payouts were computed by hand
// @TODO - get computations more accurate
Pool | Total Fees | Total Stake | Total Delegated Stake | Total Stake (Scaled)
0 | 0.304958 | 42 | 0 | 42
1 | 15.323258 | 84 | 0 | 84
3 | 28.12222236 | 97 | 182 | 260.8
...
Cumulative Fees = 43.75043836
Cumulative Stake = 405
Total Rewards = 43.75043836
*/
const simulationParams = {
users,
numberOfPools: 3,
poolOperatorShares: [39, 59, 43],
stakeByPoolOperator: [
stakingWrapper.toBaseUnitAmount(42),
stakingWrapper.toBaseUnitAmount(84),
stakingWrapper.toBaseUnitAmount(97),
],
numberOfMakers: 6,
numberOfMakersPerPool: [1, 2, 3],
protocolFeesByMaker: [
// pool 1
stakingWrapper.toBaseUnitAmount(0.304958),
// pool 2
stakingWrapper.toBaseUnitAmount(3.2),
stakingWrapper.toBaseUnitAmount(12.123258),
// pool 3
stakingWrapper.toBaseUnitAmount(23.577),
stakingWrapper.toBaseUnitAmount(4.54522236),
stakingWrapper.toBaseUnitAmount(0),
],
numberOfDelegators: 3,
numberOfDelegatorsPerPool: [0, 0, 3],
stakeByDelegator: [
stakingWrapper.toBaseUnitAmount(17),
stakingWrapper.toBaseUnitAmount(75),
stakingWrapper.toBaseUnitAmount(90),
],
delegateInNextEpoch: false, // delegated stake is included in payout computation + no shadow ether
withdrawByUndelegating: false, // profits are withdrawn without undelegating
expectedFeesByPool: [
stakingWrapper.toBaseUnitAmount(0.304958),
stakingWrapper.toBaseUnitAmount(15.323258),
stakingWrapper.toBaseUnitAmount(28.12222236),
],
expectedPayoutByPool: [
new BigNumber('2.89303'), // 2.8930364057678784829875695710382241749912199174798475
new BigNumber('9.90218'), // 9.9021783083174087034787071054543342142019746753770943
new BigNumber('28.16463'), // 28.164631904035798614670299155719067954180760345463798
],
expectedPayoutByPoolOperator: [
new BigNumber('1.12828'), // 0.39 * 2.89303
new BigNumber('5.84228'), // 0.59 * 9.90218
new BigNumber('12.11079'), // 0.43 * 28.16463
],
expectedMembersPayoutByPool: [
new BigNumber('1.76475'), // (1 - 0.39) * 2.89303
new BigNumber('4.05989'), // (1 - 0.59) * 9.90218
new BigNumber('16.05383'), // (1 - 0.43) * 28.16463
],
expectedPayoutByDelegator: [
// note that the on-chain values may be slightly different due to rounding down on each entry
// there is a carry over between calls, which we account for here. the result is that delegators
// who withdraw later on will scoop up any rounding spillover from those who have already withdrawn.
new BigNumber('1.49953'), // (17 / 182) * 16.05383
new BigNumber('6.61559'), // (75 / 182) * 16.05383
new BigNumber('7.93871'), // (90 / 182) * 16.05383
],
exchangeAddress: exchange,
};
const simulator = new Simulation(stakingWrapper, simulationParams);
await simulator.runAsync();
});
it('Should successfully simulate (delegators withdraw by undelegating / includes shadow balances / delegators enter after reward payouts)', async () => {
// @TODO - get computations more accurate
/*
Pool | Total Fees | Total Stake | Total Delegated Stake | Total Stake (Scaled)
0 | 0.304958 | 42 | 0 | 42
1 | 15.323258 | 84 | 0 | 84
3 | 28.12222236 | 97 | 182 | 260.8
...
Cumulative Fees = 43.75043836
Cumulative Stake = 405
Total Rewards = 43.75043836
// In this case, there was already a pot of ETH in the delegator pool that nobody had claimed.
// The first delegator got to claim it all. This is due to the necessary conservation of payouts.
// When a new delegator arrives, their new stake should not affect existing delegator payouts.
// In this case, there was unclaimed $$ in the delegator pool - which is claimed by the first delegator.
*/
const simulationParams = {
users,
numberOfPools: 3,
poolOperatorShares: [39, 59, 43],
stakeByPoolOperator: [
stakingWrapper.toBaseUnitAmount(42),
stakingWrapper.toBaseUnitAmount(84),
stakingWrapper.toBaseUnitAmount(97),
],
numberOfMakers: 6,
numberOfMakersPerPool: [1, 2, 3],
protocolFeesByMaker: [
// pool 1
stakingWrapper.toBaseUnitAmount(0.304958),
// pool 2
stakingWrapper.toBaseUnitAmount(3.2),
stakingWrapper.toBaseUnitAmount(12.123258),
// pool 3
stakingWrapper.toBaseUnitAmount(23.577),
stakingWrapper.toBaseUnitAmount(4.54522236),
stakingWrapper.toBaseUnitAmount(0),
],
numberOfDelegators: 3,
numberOfDelegatorsPerPool: [0, 0, 3],
stakeByDelegator: [
stakingWrapper.toBaseUnitAmount(17),
stakingWrapper.toBaseUnitAmount(75),
stakingWrapper.toBaseUnitAmount(90),
],
delegateInNextEpoch: true, // delegated stake is included in payout computation + forces shadow eth
withdrawByUndelegating: true, // profits are withdrawn as result of undelegating
expectedFeesByPool: [
stakingWrapper.toBaseUnitAmount(0.304958),
stakingWrapper.toBaseUnitAmount(15.323258),
stakingWrapper.toBaseUnitAmount(28.12222236),
],
expectedPayoutByPool: [
new BigNumber('4.75677'), // 4.756772362932728793619590327361600155564384201215274334070
new BigNumber('16.28130'), // 16.28130500394935316563988584956596823402223838026190634525
new BigNumber('20.31028'), // 20.31028447343014834523983759032242063760612769662934308289
],
expectedPayoutByPoolOperator: [
new BigNumber('1.85514'), // 0.39 * 4.75677
new BigNumber('9.60597'), // 0.59 * 16.28130
new BigNumber('8.73342'), // 0.43 * 20.31028
],
expectedMembersPayoutByPool: [
new BigNumber('2.90163'), // (1 - 0.39) * 4.75677
new BigNumber('6.67533'), // (1 - 0.59) * 16.28130
new BigNumber('11.57686'), // (1 - 0.43) * 20.31028
],
expectedPayoutByDelegator: [
new BigNumber('11.57686'), // (1 - 0.43) * 20.31028
new BigNumber(0),
new BigNumber(0),
],
exchangeAddress: exchange,
};
const simulator = new Simulation(stakingWrapper, simulationParams);
await simulator.runAsync();
});
it('Should successfully simulate (delegators withdraw without undelegating / includes shadow balances / delegators enter after reward payouts)', async () => {
// @TODO - get computations more accurate
/*
Pool | Total Fees | Total Stake | Total Delegated Stake | Total Stake (Scaled)
0 | 0.304958 | 42 | 0 | 42
1 | 15.323258 | 84 | 0 | 84
3 | 28.12222236 | 97 | 182 | 260.8
...
Cumulative Fees = 43.75043836
Cumulative Stake = 405
Total Rewards = 43.75043836
// In this case, there was already a pot of ETH in the delegator pool that nobody had claimed.
// The first delegator got to claim it all. This is due to the necessary conservation of payouts.
// When a new delegator arrives, their new stake should not affect existing delegator payouts.
// In this case, there was unclaimed $$ in the delegator pool - which is claimed by the first delegator.
*/
const simulationParams = {
users,
numberOfPools: 3,
poolOperatorShares: [39, 59, 43],
stakeByPoolOperator: [
stakingWrapper.toBaseUnitAmount(42),
stakingWrapper.toBaseUnitAmount(84),
stakingWrapper.toBaseUnitAmount(97),
],
numberOfMakers: 6,
numberOfMakersPerPool: [1, 2, 3],
protocolFeesByMaker: [
// pool 1
stakingWrapper.toBaseUnitAmount(0.304958),
// pool 2
stakingWrapper.toBaseUnitAmount(3.2),
stakingWrapper.toBaseUnitAmount(12.123258),
// pool 3
stakingWrapper.toBaseUnitAmount(23.577),
stakingWrapper.toBaseUnitAmount(4.54522236),
stakingWrapper.toBaseUnitAmount(0),
],
numberOfDelegators: 3,
numberOfDelegatorsPerPool: [0, 0, 3],
stakeByDelegator: [
stakingWrapper.toBaseUnitAmount(17),
stakingWrapper.toBaseUnitAmount(75),
stakingWrapper.toBaseUnitAmount(90),
],
delegateInNextEpoch: true, // delegated stake is included in payout computation + forces shadow eth
withdrawByUndelegating: false, // profits are withdrawn without undelegating
expectedFeesByPool: [
stakingWrapper.toBaseUnitAmount(0.304958),
stakingWrapper.toBaseUnitAmount(15.323258),
stakingWrapper.toBaseUnitAmount(28.12222236),
],
expectedPayoutByPool: [
new BigNumber('4.75677'), // 4.756772362932728793619590327361600155564384201215274334070
new BigNumber('16.28130'), // 16.28130500394935316563988584956596823402223838026190634525
new BigNumber('20.31028'), // 20.31028447343014834523983759032242063760612769662934308289
],
expectedPayoutByPoolOperator: [
new BigNumber('1.85514'), // 0.39 * 4.75677
new BigNumber('9.60597'), // 0.59 * 16.28130
new BigNumber('8.73342'), // 0.43 * 20.31028
],
expectedMembersPayoutByPool: [
new BigNumber('2.90163'), // (1 - 0.39) * 4.75677
new BigNumber('6.67533'), // (1 - 0.59) * 16.28130
new BigNumber('11.57686'), // (1 - 0.43) * 20.31028
],
expectedPayoutByDelegator: [
new BigNumber('11.57686'), // (1 - 0.43) * 20.31028
new BigNumber(0),
new BigNumber(0),
],
exchangeAddress: exchange,
};
const simulator = new Simulation(stakingWrapper, simulationParams);
await simulator.runAsync();
});
it('Should not be able to record a protocol fee from an unknown exchange', async () => {
const makerAddress = users[1];
const protocolFee = new BigNumber(1);
await expectTransactionFailedAsync(
stakingWrapper.payProtocolFeeAsync(makerAddress, protocolFee, owner),
RevertReason.OnlyCallableByExchange,
);
});
});
});
// tslint:enable:no-unnecessary-type-assertion