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Fix scaling bug in calculate_implied_rate
sdk method
#1003
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This was referenced Apr 26, 2024
MazyGio
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to delvtech/hyperdrive-rs
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Apr 30, 2024
PR originally from [delvtech/hyperdrive#1006](delvtech/hyperdrive#1006) # Resolved Issues Fixes [delvtech/hyperdrive/#1003 ](delvtech/hyperdrive#1003) # Description Fixes calculate_implied_rate to adjust the variable rate according to the term duration and compounding frequency. We should probably add a test with a position duration different than 1 year, but I couldn't easily figure out how to. # Review Checklists Please check each item **before approving** the pull request. While going through the checklist, it is recommended to leave comments on items that are referenced in the checklist to make sure that they are reviewed. If there are multiple reviewers, copy the checklists into sections titled `## [Reviewer Name]`. If the PR doesn't touch Solidity and/or Rust, the corresponding checklist can be removed. ## [[Reviewer Name]] ### Rust - [ ] **Testing** - [ ] Are there new or updated unit or integration tests? - [ ] Do the tests cover the happy paths? - [ ] Do the tests cover the unhappy paths? - [ ] Are there an adequate number of fuzz tests to ensure that we are covering the full input space? - [ ] If matching Solidity behavior, are there differential fuzz tests that ensure that Rust matches Solidity?
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Getting strange output for calculate_implied_rate.. 1255.82% seems really high! 😛
Reproduction
Using this:
hyperdrive/crates/hyperdrive-math/src/short/open.rs
Lines 160 to 165 in 1576e4c
I'm calling it with these args:
We get back:
12563492079684959896 // "12.563492079684959896"
Formatted and rendered in the ui under Implied Variable Rate:
Solution
We just need to adjust the variable rate here (since this term is shorter than a year):
hyperdrive/crates/hyperdrive-math/src/short/open.rs
Line 167 in 1576e4c
Reference
https://discord.com/channels/754739461707006013/1224785900073128080/1233120393938604142
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