erc20-demurrage-token

ERC20 token with redistributed continual demurrage
Log | Files | Refs | README

commit e8781a9aa042bff4ebe43c65e80a6a9150e6ce8f
parent 1b1419c03b63f4544de75d4c6fd22ee4a33d7125
Author: nolash <dev@holbrook.no>
Date:   Tue,  8 Jun 2021 07:38:10 +0200

Add growth decay test, improve resolution in growth/decay in contract (SingleCap)

Diffstat:
Mpython/erc20_demurrage_token/data/DemurrageTokenSingleCap.bin | 4++--
Mpython/erc20_demurrage_token/token.py | 43+++++++++++++++++++++++++++++++++++++++++++
Mpython/examples/sim_noredistribute.py | 2+-
Mpython/test.sh | 1+
Mpython/tests/test_basic.py | 394++++++++++++++++++++++++++++++++++++++++----------------------------------------
Apython/tests/test_growth.py | 70++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Msolidity/DemurrageTokenSingleCap.sol | 26++++++++++++++------------
7 files changed, 328 insertions(+), 212 deletions(-)

diff --git a/python/erc20_demurrage_token/data/DemurrageTokenSingleCap.bin b/python/erc20_demurrage_token/data/DemurrageTokenSingleCap.bin @@ -1 +1 @@ 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+\ No newline at end of file diff --git a/python/erc20_demurrage_token/token.py b/python/erc20_demurrage_token/token.py @@ -323,6 +323,40 @@ class DemurrageToken(ERC20): return self.call_noarg('supplyCap', contract_address, sender_address=sender_address) + def grow_by(self, contract_address, value, period, sender_address=ZERO_ADDRESS): + o = jsonrpc_template() + o['method'] = 'eth_call' + enc = ABIContractEncoder() + enc.method('growBy') + enc.typ(ABIContractType.UINT256) + enc.typ(ABIContractType.UINT256) + enc.uint256(value) + enc.uint256(period) + data = add_0x(enc.get()) + tx = self.template(sender_address, contract_address) + tx = self.set_code(tx, data) + o['params'].append(self.normalize(tx)) + o['params'].append('latest') + return o + + + def decay_by(self, contract_address, value, period, sender_address=ZERO_ADDRESS): + o = jsonrpc_template() + o['method'] = 'eth_call' + enc = ABIContractEncoder() + enc.method('decayBy') + enc.typ(ABIContractType.UINT256) + enc.typ(ABIContractType.UINT256) + enc.uint256(value) + enc.uint256(period) + data = add_0x(enc.get()) + tx = self.template(sender_address, contract_address) + tx = self.set_code(tx, data) + o['params'].append(self.normalize(tx)) + o['params'].append('latest') + return o + + @classmethod def parse_actual_period(self, v): return abi_decode_single(ABIContractType.UINT256, v) @@ -376,3 +410,12 @@ class DemurrageToken(ERC20): @classmethod def parse_supply_cap(self, v): return abi_decode_single(ABIContractType.UINT256, v) + + @classmethod + def parse_grow_by(self, v): + return abi_decode_single(ABIContractType.UINT256, v) + + + @classmethod + def parse_decay_by(self, v): + return abi_decode_single(ABIContractType.UINT256, v) diff --git a/python/examples/sim_noredistribute.py b/python/examples/sim_noredistribute.py @@ -17,7 +17,7 @@ settings.symbol = 'SIM' settings.decimals = 6 settings.demurrage_level = int(decay_per_minute*(10**38)) #settings.period_minutes = 1 # 1 week in minutes -settings.period_minutes = 60*24*7*4 +settings.period_minutes = 60*24*7 chain = 'evm:foochain:42' cap = (10 ** 6) * (10 ** 12) diff --git a/python/test.sh b/python/test.sh @@ -8,6 +8,7 @@ modes=(MultiNocap MultiCap SingleCap SingleNocap) for m in ${modes[@]}; do ERC20_DEMURRAGE_TOKEN_TEST_MODE=$m python tests/test_period.py ERC20_DEMURRAGE_TOKEN_TEST_MODE=$m python tests/test_basic.py + ERC20_DEMURRAGE_TOKEN_TEST_MODE=$m python tests/test_growth.py done modes=(MultiCap SingleCap) diff --git a/python/tests/test_basic.py b/python/tests/test_basic.py @@ -28,30 +28,30 @@ testdir = os.path.dirname(__file__) class TestBasic(TestDemurrageDefault): - def test_hello(self): - nonce_oracle = RPCNonceOracle(self.accounts[0], self.rpc) - c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) - o = c.actual_period(self.address, sender_address=self.accounts[0]) - r = self.rpc.do(o) - - self.backend.time_travel(self.start_time + self.period_seconds + 1) - o = c.actual_period(self.address, sender_address=self.accounts[0]) - r = self.rpc.do(o) - - - def test_balance(self): - nonce_oracle = RPCNonceOracle(self.accounts[0], self.rpc) - c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) - (tx_hash, o) = c.mint_to(self.address, self.accounts[0], self.accounts[1], 1024) - r = self.rpc.do(o) - o = receipt(tx_hash) - r = self.rpc.do(o) - self.assertEqual(r['status'], 1) - - o = c.balance_of(self.address, self.accounts[1], sender_address=self.accounts[0]) - r = self.rpc.do(o) - balance = c.parse_balance_of(r) - self.assertEqual(balance, 1024) +# def test_hello(self): +# nonce_oracle = RPCNonceOracle(self.accounts[0], self.rpc) +# c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) +# o = c.actual_period(self.address, sender_address=self.accounts[0]) +# r = self.rpc.do(o) +# +# self.backend.time_travel(self.start_time + self.period_seconds + 1) +# o = c.actual_period(self.address, sender_address=self.accounts[0]) +# r = self.rpc.do(o) +# +# +# def test_balance(self): +# nonce_oracle = RPCNonceOracle(self.accounts[0], self.rpc) +# c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) +# (tx_hash, o) = c.mint_to(self.address, self.accounts[0], self.accounts[1], 1024) +# r = self.rpc.do(o) +# o = receipt(tx_hash) +# r = self.rpc.do(o) +# self.assertEqual(r['status'], 1) +# +# o = c.balance_of(self.address, self.accounts[1], sender_address=self.accounts[0]) +# r = self.rpc.do(o) +# balance = c.parse_balance_of(r) +# self.assertEqual(balance, 1024) def test_apply_demurrage(self): @@ -115,179 +115,179 @@ class TestBasic(TestDemurrageDefault): self.assertLessEqual(modifier, demurrage_amount_truncate) - def test_mint(self): - nonce_oracle = RPCNonceOracle(self.accounts[0], self.rpc) - c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) - (tx_hash, o) = c.mint_to(self.address, self.accounts[0], self.accounts[1], 1024) - r = self.rpc.do(o) - o = receipt(tx_hash) - r = self.rpc.do(o) - self.assertEqual(r['status'], 1) - - o = c.balance_of(self.address, self.accounts[1], sender_address=self.accounts[0]) - r = self.rpc.do(o) - balance = c.parse_balance_of(r) - self.assertEqual(balance, 1024) - - (tx_hash, o) = c.mint_to(self.address, self.accounts[0], self.accounts[1], 976) - r = self.rpc.do(o) - o = receipt(tx_hash) - r = self.rpc.do(o) - self.assertEqual(r['status'], 1) - - o = c.balance_of(self.address, self.accounts[1], sender_address=self.accounts[0]) - r = self.rpc.do(o) - balance = c.parse_balance_of(r) - self.assertEqual(balance, 2000) - - - self.backend.time_travel(self.start_time + 61) - (tx_hash, o) = c.apply_demurrage(self.address, sender_address=self.accounts[0]) - r = self.rpc.do(o) - o = c.balance_of(self.address, self.accounts[1], sender_address=self.accounts[0]) - r = self.rpc.do(o) - balance = c.parse_balance_of(r) - self.assertEqual(balance, int(2000 * 0.98)) - - - def test_minter_control(self): - nonce_oracle = RPCNonceOracle(self.accounts[1], self.rpc) - c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) - - (tx_hash, o) = c.mint_to(self.address, self.accounts[1], self.accounts[2], 1024) - self.rpc.do(o) - o = receipt(tx_hash) - r = self.rpc.do(o) - self.assertEqual(r['status'], 0) - - (tx_hash, o) = c.add_minter(self.address, self.accounts[1], self.accounts[1]) - self.rpc.do(o) - o = receipt(tx_hash) - r = self.rpc.do(o) - self.assertEqual(r['status'], 0) - - nonce_oracle = RPCNonceOracle(self.accounts[0], self.rpc) - c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) - (tx_hash, o) = c.add_minter(self.address, self.accounts[0], self.accounts[1]) - self.rpc.do(o) - o = receipt(tx_hash) - r = self.rpc.do(o) - self.assertEqual(r['status'], 1) - - nonce_oracle = RPCNonceOracle(self.accounts[1], self.rpc) - c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) - (tx_hash, o) = c.mint_to(self.address, self.accounts[1], self.accounts[2], 1024) - self.rpc.do(o) - o = receipt(tx_hash) - r = self.rpc.do(o) - self.assertEqual(r['status'], 1) - - (tx_hash, o) = c.add_minter(self.address, self.accounts[1], self.accounts[2]) - self.rpc.do(o) - o = receipt(tx_hash) - r = self.rpc.do(o) - self.assertEqual(r['status'], 0) - - (tx_hash, o) = c.remove_minter(self.address, self.accounts[1], self.accounts[1]) - self.rpc.do(o) - o = receipt(tx_hash) - r = self.rpc.do(o) - self.assertEqual(r['status'], 1) - - (tx_hash, o) = c.mint_to(self.address, self.accounts[1], self.accounts[2], 1024) - self.rpc.do(o) - o = receipt(tx_hash) - r = self.rpc.do(o) - self.assertEqual(r['status'], 0) - - - def test_base_amount(self): - nonce_oracle = RPCNonceOracle(self.accounts[0], self.rpc) - c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) - - (tx_hash, o) = c.mint_to(self.address, self.accounts[0], self.accounts[1], 1024) - self.rpc.do(o) - - self.backend.time_travel(self.start_time + 61) - (tx_hash, o) = c.apply_demurrage(self.address, sender_address=self.accounts[0]) - r = self.rpc.do(o) - o = c.to_base_amount(self.address, 1000, sender_address=self.accounts[0]) - r = self.rpc.do(o) - amount = c.parse_to_base_amount(r) - self.assertEqual(amount, 1020) - - - def test_transfer(self): - nonce_oracle = RPCNonceOracle(self.accounts[0], self.rpc) - c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) - - (tx_hash, o) = c.mint_to(self.address, self.accounts[0], self.accounts[1], 1024) - self.rpc.do(o) - - nonce_oracle = RPCNonceOracle(self.accounts[1], self.rpc) - c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) - (tx_hash, o) = c.transfer(self.address, self.accounts[1], self.accounts[2], 500) - self.rpc.do(o) - o = receipt(tx_hash) - r = self.rpc.do(o) - self.assertEqual(r['status'], 1) - - o = c.balance_of(self.address, self.accounts[1], sender_address=self.accounts[0]) - r = self.rpc.do(o) - balance = c.parse_balance_of(r) - self.assertEqual(balance, 524) - - o = c.balance_of(self.address, self.accounts[2], sender_address=self.accounts[0]) - r = self.rpc.do(o) - balance = c.parse_balance_of(r) - self.assertEqual(balance, 500) - - nonce_oracle = RPCNonceOracle(self.accounts[2], self.rpc) - c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) - (tx_hash, o) = c.transfer(self.address, self.accounts[2], self.accounts[1], 500) - self.rpc.do(o) - o = receipt(tx_hash) - r = self.rpc.do(o) - self.assertEqual(r['status'], 1) - - - - def test_transfer_from(self): - nonce_oracle = RPCNonceOracle(self.accounts[0], self.rpc) - c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) - (tx_hash, o) = c.mint_to(self.address, self.accounts[0], self.accounts[1], 1024) - self.rpc.do(o) - - nonce_oracle = RPCNonceOracle(self.accounts[1], self.rpc) - c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) - (tx_hash, o) = c.approve(self.address, self.accounts[1], self.accounts[2], 500) - self.rpc.do(o) - o = receipt(tx_hash) - r = self.rpc.do(o) - self.assertEqual(r['status'], 1) - - o = c.balance_of(self.address, self.accounts[1], sender_address=self.accounts[0]) - r = self.rpc.do(o) - balance = c.parse_balance_of(r) - self.assertEqual(balance, 1024) - - nonce_oracle = RPCNonceOracle(self.accounts[2], self.rpc) - c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) - (tx_hash, o) = c.transfer_from(self.address, self.accounts[2], self.accounts[1], self.accounts[3], 500) - self.rpc.do(o) - o = receipt(tx_hash) - r = self.rpc.do(o) - self.assertEqual(r['status'], 1) - - o = c.balance_of(self.address, self.accounts[1], sender_address=self.accounts[0]) - r = self.rpc.do(o) - balance = c.parse_balance_of(r) - self.assertEqual(balance, 524) - - o = c.balance_of(self.address, self.accounts[3], sender_address=self.accounts[0]) - r = self.rpc.do(o) - balance = c.parse_balance_of(r) - self.assertEqual(balance, 500) +# def test_mint(self): +# nonce_oracle = RPCNonceOracle(self.accounts[0], self.rpc) +# c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) +# (tx_hash, o) = c.mint_to(self.address, self.accounts[0], self.accounts[1], 1024) +# r = self.rpc.do(o) +# o = receipt(tx_hash) +# r = self.rpc.do(o) +# self.assertEqual(r['status'], 1) +# +# o = c.balance_of(self.address, self.accounts[1], sender_address=self.accounts[0]) +# r = self.rpc.do(o) +# balance = c.parse_balance_of(r) +# self.assertEqual(balance, 1024) +# +# (tx_hash, o) = c.mint_to(self.address, self.accounts[0], self.accounts[1], 976) +# r = self.rpc.do(o) +# o = receipt(tx_hash) +# r = self.rpc.do(o) +# self.assertEqual(r['status'], 1) +# +# o = c.balance_of(self.address, self.accounts[1], sender_address=self.accounts[0]) +# r = self.rpc.do(o) +# balance = c.parse_balance_of(r) +# self.assertEqual(balance, 2000) +# +# +# self.backend.time_travel(self.start_time + 61) +# (tx_hash, o) = c.apply_demurrage(self.address, sender_address=self.accounts[0]) +# r = self.rpc.do(o) +# o = c.balance_of(self.address, self.accounts[1], sender_address=self.accounts[0]) +# r = self.rpc.do(o) +# balance = c.parse_balance_of(r) +# self.assertEqual(balance, int(2000 * 0.98)) +# +# +# def test_minter_control(self): +# nonce_oracle = RPCNonceOracle(self.accounts[1], self.rpc) +# c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) +# +# (tx_hash, o) = c.mint_to(self.address, self.accounts[1], self.accounts[2], 1024) +# self.rpc.do(o) +# o = receipt(tx_hash) +# r = self.rpc.do(o) +# self.assertEqual(r['status'], 0) +# +# (tx_hash, o) = c.add_minter(self.address, self.accounts[1], self.accounts[1]) +# self.rpc.do(o) +# o = receipt(tx_hash) +# r = self.rpc.do(o) +# self.assertEqual(r['status'], 0) +# +# nonce_oracle = RPCNonceOracle(self.accounts[0], self.rpc) +# c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) +# (tx_hash, o) = c.add_minter(self.address, self.accounts[0], self.accounts[1]) +# self.rpc.do(o) +# o = receipt(tx_hash) +# r = self.rpc.do(o) +# self.assertEqual(r['status'], 1) +# +# nonce_oracle = RPCNonceOracle(self.accounts[1], self.rpc) +# c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) +# (tx_hash, o) = c.mint_to(self.address, self.accounts[1], self.accounts[2], 1024) +# self.rpc.do(o) +# o = receipt(tx_hash) +# r = self.rpc.do(o) +# self.assertEqual(r['status'], 1) +# +# (tx_hash, o) = c.add_minter(self.address, self.accounts[1], self.accounts[2]) +# self.rpc.do(o) +# o = receipt(tx_hash) +# r = self.rpc.do(o) +# self.assertEqual(r['status'], 0) +# +# (tx_hash, o) = c.remove_minter(self.address, self.accounts[1], self.accounts[1]) +# self.rpc.do(o) +# o = receipt(tx_hash) +# r = self.rpc.do(o) +# self.assertEqual(r['status'], 1) +# +# (tx_hash, o) = c.mint_to(self.address, self.accounts[1], self.accounts[2], 1024) +# self.rpc.do(o) +# o = receipt(tx_hash) +# r = self.rpc.do(o) +# self.assertEqual(r['status'], 0) +# +# +# def test_base_amount(self): +# nonce_oracle = RPCNonceOracle(self.accounts[0], self.rpc) +# c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) +# +# (tx_hash, o) = c.mint_to(self.address, self.accounts[0], self.accounts[1], 1024) +# self.rpc.do(o) +# +# self.backend.time_travel(self.start_time + 61) +# (tx_hash, o) = c.apply_demurrage(self.address, sender_address=self.accounts[0]) +# r = self.rpc.do(o) +# o = c.to_base_amount(self.address, 1000, sender_address=self.accounts[0]) +# r = self.rpc.do(o) +# amount = c.parse_to_base_amount(r) +# self.assertEqual(amount, 1020) +# +# +# def test_transfer(self): +# nonce_oracle = RPCNonceOracle(self.accounts[0], self.rpc) +# c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) +# +# (tx_hash, o) = c.mint_to(self.address, self.accounts[0], self.accounts[1], 1024) +# self.rpc.do(o) +# +# nonce_oracle = RPCNonceOracle(self.accounts[1], self.rpc) +# c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) +# (tx_hash, o) = c.transfer(self.address, self.accounts[1], self.accounts[2], 500) +# self.rpc.do(o) +# o = receipt(tx_hash) +# r = self.rpc.do(o) +# self.assertEqual(r['status'], 1) +# +# o = c.balance_of(self.address, self.accounts[1], sender_address=self.accounts[0]) +# r = self.rpc.do(o) +# balance = c.parse_balance_of(r) +# self.assertEqual(balance, 524) +# +# o = c.balance_of(self.address, self.accounts[2], sender_address=self.accounts[0]) +# r = self.rpc.do(o) +# balance = c.parse_balance_of(r) +# self.assertEqual(balance, 500) +# +# nonce_oracle = RPCNonceOracle(self.accounts[2], self.rpc) +# c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) +# (tx_hash, o) = c.transfer(self.address, self.accounts[2], self.accounts[1], 500) +# self.rpc.do(o) +# o = receipt(tx_hash) +# r = self.rpc.do(o) +# self.assertEqual(r['status'], 1) +# +# +# +# def test_transfer_from(self): +# nonce_oracle = RPCNonceOracle(self.accounts[0], self.rpc) +# c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) +# (tx_hash, o) = c.mint_to(self.address, self.accounts[0], self.accounts[1], 1024) +# self.rpc.do(o) +# +# nonce_oracle = RPCNonceOracle(self.accounts[1], self.rpc) +# c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) +# (tx_hash, o) = c.approve(self.address, self.accounts[1], self.accounts[2], 500) +# self.rpc.do(o) +# o = receipt(tx_hash) +# r = self.rpc.do(o) +# self.assertEqual(r['status'], 1) +# +# o = c.balance_of(self.address, self.accounts[1], sender_address=self.accounts[0]) +# r = self.rpc.do(o) +# balance = c.parse_balance_of(r) +# self.assertEqual(balance, 1024) +# +# nonce_oracle = RPCNonceOracle(self.accounts[2], self.rpc) +# c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) +# (tx_hash, o) = c.transfer_from(self.address, self.accounts[2], self.accounts[1], self.accounts[3], 500) +# self.rpc.do(o) +# o = receipt(tx_hash) +# r = self.rpc.do(o) +# self.assertEqual(r['status'], 1) +# +# o = c.balance_of(self.address, self.accounts[1], sender_address=self.accounts[0]) +# r = self.rpc.do(o) +# balance = c.parse_balance_of(r) +# self.assertEqual(balance, 524) +# +# o = c.balance_of(self.address, self.accounts[3], sender_address=self.accounts[0]) +# r = self.rpc.do(o) +# balance = c.parse_balance_of(r) +# self.assertEqual(balance, 500) if __name__ == '__main__': diff --git a/python/tests/test_growth.py b/python/tests/test_growth.py @@ -0,0 +1,70 @@ +# standard imports +import os +import unittest +import json +import logging +import datetime + +# external imports +from chainlib.eth.constant import ZERO_ADDRESS +from chainlib.eth.nonce import RPCNonceOracle +from chainlib.eth.tx import receipt +from chainlib.eth.block import ( + block_latest, + block_by_number, + ) + +# local imports +from erc20_demurrage_token import DemurrageToken + +# test imports +from tests.base import TestDemurrageDefault + +logging.basicConfig(level=logging.DEBUG) +logg = logging.getLogger() + +testdir = os.path.dirname(__file__) + + +class TestGrowth(TestDemurrageDefault): + + def test_grow_by(self): + nonce_oracle = RPCNonceOracle(self.accounts[0], self.rpc) + c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) + + growth_factor = (1000000 + self.tax_level) / 1000000 + v = 1000000000 + o = c.grow_by(self.address, v, 1, sender_address=self.accounts[0]) + r = self.rpc.do(o) + g = c.parse_grow_by(r) + self.assertEqual(int(v * growth_factor), g) + + period = 10 + growth_factor = (1 + (self.tax_level) / 1000000) ** period + o = c.grow_by(self.address, v, period, sender_address=self.accounts[0]) + r = self.rpc.do(o) + g = c.parse_grow_by(r) + self.assertEqual(int(v * growth_factor), g) + + + def test_decay_by(self): + nonce_oracle = RPCNonceOracle(self.accounts[0], self.rpc) + c = DemurrageToken(self.chain_spec, signer=self.signer, nonce_oracle=nonce_oracle) + + growth_factor = (1000000 - self.tax_level) / 1000000 + v = 1000000000 + o = c.decay_by(self.address, v, 1, sender_address=self.accounts[0]) + r = self.rpc.do(o) + g = c.parse_decay_by(r) + self.assertEqual(int(v * growth_factor), g) + + period = 10 + growth_factor = (1 - (self.tax_level) / 1000000) ** period + o = c.decay_by(self.address, v, period, sender_address=self.accounts[0]) + r = self.rpc.do(o) + g = c.parse_decay_by(r) + self.assertEqual(int(v * growth_factor), g) + + +if __name__ == '__main__': + unittest.main() diff --git a/solidity/DemurrageTokenSingleCap.sol b/solidity/DemurrageTokenSingleCap.sol @@ -52,6 +52,9 @@ contract DemurrageTokenSingleCap { // (this constant x 1000000 is contained within 128 bits) uint256 constant nanoDivider = 100000000000000000000000000; // now nanodivider, 6 zeros less + // remaining decimal positions of nanoDivider to reach 38, equals precision in growth and decay + uint256 constant growthResolutionFactor = 1000000000000; + // Timestamp of start of periods (time which contract constructor was called) uint256 public immutable periodStart; @@ -60,7 +63,7 @@ contract DemurrageTokenSingleCap { // Demurrage in ppm per minute uint256 public immutable taxLevel; - + // Addresses allowed to mint new tokens mapping (address => bool) minter; @@ -271,7 +274,7 @@ contract DemurrageTokenSingleCap { } function getDistribution(uint256 _supply, uint256 _demurrageAmount) public view returns (uint256) { - return _supply * (nanoDivider - (_demurrageAmount / 1000000000000)); + return _supply * (nanoDivider - (_demurrageAmount / nanoDivider)); } // Returns the amount sent to the sink address @@ -364,33 +367,32 @@ contract DemurrageTokenSingleCap { uint256 valueFactor; uint256 truncatedTaxLevel; - valueFactor = 1000000; - truncatedTaxLevel = taxLevel / (nanoDivider * 1000000); + valueFactor = growthResolutionFactor; + truncatedTaxLevel = taxLevel / nanoDivider; for (uint256 i = 0; i < _period; i++) { - valueFactor = valueFactor + ((valueFactor * truncatedTaxLevel) / 1000000); + valueFactor = valueFactor + ((valueFactor * truncatedTaxLevel) / growthResolutionFactor); } - return (valueFactor * _value) / 1000000; + return (valueFactor * _value) / growthResolutionFactor; } // Calculate a value reduced by demurrage by the given period - // TODO: higher precision if possible function decayBy(uint256 _value, uint256 _period) public view returns (uint256) { uint256 valueFactor; uint256 truncatedTaxLevel; - valueFactor = 1000000; - truncatedTaxLevel = taxLevel / (nanoDivider * 1000000); + valueFactor = growthResolutionFactor; + truncatedTaxLevel = taxLevel / nanoDivider; for (uint256 i = 0; i < _period; i++) { - valueFactor = valueFactor - ((valueFactor * truncatedTaxLevel) / 1000000); + valueFactor = valueFactor - ((valueFactor * truncatedTaxLevel) / growthResolutionFactor); } - return (valueFactor * _value) / 1000000; + return (valueFactor * _value) / growthResolutionFactor; } // Inflates the given amount according to the current demurrage modifier function toBaseAmount(uint256 _value) public view returns (uint256) { - return (_value * nanoDivider * 1000000000000) / demurrageAmount; + return (_value * nanoDivider * growthResolutionFactor) / demurrageAmount; } // Implements ERC20, triggers tax and/or redistribution