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improve(index.js)update ConfigStore params to recommended values for new Perpetuals (#9)

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* update ConfigStoreParams

Signed-off-by: Nick Pai <npai.nyc@gmail.com>

* change tokenScaling

Signed-off-by: Nick Pai <npai.nyc@gmail.com>

* Update index.js
This commit is contained in:
nicholaspai
2021-04-01 10:35:42 -04:00
committed by GitHub
parent fc13de29ca
commit 343d915861
1 changed files with 8 additions and 3 deletions
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index.js
+8 -3
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@@ -71,14 +71,18 @@ if (argv.gasprice < 1 || argv.gasprice > 1000) throw "--gasprice must be between
sponsorDisputeRewardPercentage: { rawValue: toWei("0.05") }, // 5% reward for sponsors who are disputed invalidly
disputerDisputeRewardPercentage: { rawValue: toWei("0.2") }, // 20% reward for correct disputes.
minSponsorTokens: { rawValue: parseFixed(argv.minSponsorTokens.toString(), decimals) }, // Min sponsor position.
tokenScaling: { rawValue: toWei("1") }, // Token scaling.
tokenScaling: { rawValue: toWei("3060") }, // Token scaling used to make initial token trade at 100: 100 / (e.g. current ETH/BTC) price.
liquidationLiveness: 7200, // 2 hour liquidation liveness.
withdrawalLiveness: 7200 // 2 hour withdrawal liveness.
};
const configSettings = {
rewardRatePerSecond: { rawValue: "0" },
proposerBondPercentage: { rawValue: "0" },
rewardRatePerSecond: { rawValue: toWei("0.000000001") },
// Approximately 3%/year: 0.000000001*60*60*24*360 = 0.03
proposerBondPercentage: { rawValue: toWei("0.0007") },
// 0.07% is derived from a PfC of 300%/year = (300 / 360 / 24) = .035% / hour, and the minimum time that a proposal
// can stay alive is 2 hours, so 0.07% is the minimum that should be staked by a proposer who might corrupt an
// entire 2 hour proposal liveness period.
timelockLiveness: 86400, // 1 day
maxFundingRate: { rawValue: web3.utils.toWei("0.00001") },
minFundingRate: { rawValue: web3.utils.toWei("-0.00001") },
@@ -99,6 +103,7 @@ if (argv.gasprice < 1 || argv.gasprice > 1000) throw "--gasprice must be between
// Simulate transaction to test before sending to the network.
console.log("Simulating Deployment...");
console.log(`Calling PerpFactory @ ${perpetualCreator.options.address}`)
const address = await perpetualCreator.methods.createPerpetual(perpetualParams, configSettings).call(transactionOptions);
console.log("Simulation successful. Expected Address:", address);