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165 lines
6.4 KiB
Rust
165 lines
6.4 KiB
Rust
use ore_api::prelude::*;
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use ore_boost_api::state::Config as BoostConfig;
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use solana_program::{hash::hashv, slot_hashes::SlotHash};
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use steel::*;
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/// Reset tops up the bus balances and updates the emissions and reward rates.
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pub fn process_reset(accounts: &[AccountInfo<'_>], _data: &[u8]) -> ProgramResult {
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// Load accounts.
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let (required_accounts, boost_accounts) = accounts.split_at(7);
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let [signer_info, config_info, mint_info, proof_info, treasury_info, treasury_tokens_info, token_program, slot_hashes_sysvar] =
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required_accounts
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else {
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return Err(ProgramError::NotEnoughAccountKeys);
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};
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signer_info.is_signer()?;
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let config = config_info
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.is_config()?
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.as_account_mut::<Config>(&ore_api::ID)?;
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let mint = mint_info
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.has_address(&MINT_ADDRESS)?
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.is_writable()?
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.as_mint()?;
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let proof = proof_info
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.as_account_mut::<Proof>(&ore_api::ID)?
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.assert_mut(|p| p.authority == config.best_proof)?;
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treasury_info.is_treasury()?.is_writable()?;
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treasury_tokens_info.is_treasury_tokens()?.is_writable()?;
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token_program.is_program(&spl_token::ID)?;
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slot_hashes_sysvar.is_sysvar(&sysvar::slot_hashes::ID)?;
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// Parse boost accounts.
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let [boost_config_info, boost_proof_info] = boost_accounts else {
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return Err(ProgramError::NotEnoughAccountKeys);
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};
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let boost_config = boost_config_info.as_account::<BoostConfig>(&ore_api::ID)?;
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let boost_proof = boost_proof_info
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.as_account_mut::<Proof>(&ore_api::ID)?
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.assert_mut(|p| p.authority == *boost_config_info.key)?;
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// Validate enough time has passed since the last reset.
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let clock = Clock::get()?;
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if config
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.last_reset_at
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.saturating_add(EPOCH_DURATION)
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.gt(&clock.unix_timestamp)
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{
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return Ok(());
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}
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// Process epoch.
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config.block_reward = get_block_reward(mint.supply());
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config.best_proof = Pubkey::default();
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config.best_difficulty = 0;
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config.last_reset_at = clock.unix_timestamp;
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config.challenge = hashv(&[
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config.challenge.as_slice(),
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&slot_hashes_sysvar.data.borrow()[0..size_of::<SlotHash>()],
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])
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.to_bytes();
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// Calculate boost reward.
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let take_rate = boost_config.take_rate.min(9900); // Cap at 99%
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let boost_reward = config.block_reward * take_rate / ore_boost_api::consts::DENOMINATOR_BPS;
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let miner_reward = config.block_reward - boost_reward;
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// Update proof balance.
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proof.balance += miner_reward;
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boost_proof.balance += boost_reward;
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// Fund the treasury token account.
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mint_to_signed(
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mint_info,
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treasury_tokens_info,
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treasury_info,
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token_program,
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config.block_reward,
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&[TREASURY],
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)?;
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Ok(())
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}
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/// This function calculates the block reward (ORE / min) based on the current supply.
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/// It is designed to reduce emissions by 10% approximately every 12 months with a hard stop at 5 million ORE.
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pub(crate) fn get_block_reward(current_supply: u64) -> u64 {
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let max_supply = ONE_ORE * 5_000_000;
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match current_supply {
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n if n < ONE_ORE * 525_600 => 100_000_000_000, // Year ~1
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n if n < ONE_ORE * 998_640 => 90_000_000_000, // Year ~2
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n if n < ONE_ORE * 1_424_376 => 81_000_000_000, // Year ~3
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n if n < ONE_ORE * 1_807_538 => 72_900_000_000, // Year ~4
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n if n < ONE_ORE * 2_152_384 => 65_610_000_000, // Year ~5
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n if n < ONE_ORE * 2_462_746 => 59_049_000_000, // Year ~6
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n if n < ONE_ORE * 2_742_071 => 53_144_100_000, // Year ~7
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n if n < ONE_ORE * 2_993_464 => 47_829_690_000, // Year ~8
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n if n < ONE_ORE * 3_219_717 => 43_046_721_000, // Year ~9
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n if n < ONE_ORE * 3_423_346 => 38_742_048_900, // Year ~10
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n if n < ONE_ORE * 3_606_611 => 34_867_844_010, // Year ~11
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n if n < ONE_ORE * 3_771_550 => 31_381_059_609, // Year ~12
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n if n < ONE_ORE * 3_919_995 => 28_242_953_648, // Year ~13
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n if n < ONE_ORE * 4_053_595 => 25_418_658_283, // Year ~14
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n if n < ONE_ORE * 4_173_836 => 22_876_792_454, // Year ~15
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n if n < ONE_ORE * 4_282_052 => 20_589_113_208, // Year ~16
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n if n < ONE_ORE * 4_379_447 => 18_530_201_887, // Year ~17
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n if n < ONE_ORE * 4_467_102 => 16_677_181_698, // Year ~18
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n if n < ONE_ORE * 4_545_992 => 15_009_463_528, // Year ~19
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n if n < ONE_ORE * 4_616_993 => 13_508_517_175, // Year ~20
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n if n < ONE_ORE * 4_680_893 => 12_157_665_457, // Year ~21
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n if n < ONE_ORE * 4_738_404 => 10_941_898_911, // Year ~22
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n if n < ONE_ORE * 4_790_164 => 9_847_709_019, // Year ~23
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n if n < ONE_ORE * 4_836_747 => 8_862_938_117, // Year ~24
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n if n < ONE_ORE * 4_878_672 => 7_976_644_305, // Year ~25
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n if n < ONE_ORE * 4_916_405 => 7_178_979_874, // Year ~26
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n if n < ONE_ORE * 4_950_365 => 6_461_081_886, // Year ~27
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n if n < ONE_ORE * 4_980_928 => 5_814_973_607, // Year ~28
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n if n < max_supply => 5_233_476_327.min(max_supply - current_supply), // Year ~29
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_ => 0,
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}
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}
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#[cfg(test)]
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mod tests {
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use super::*;
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#[test]
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fn test_block_reward_max_supply() {
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let max_supply = ONE_ORE * 5_000_000;
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// Test at max supply
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assert_eq!(get_block_reward(max_supply), 0);
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// Test slightly below max supply
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let near_max = max_supply - 1;
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assert_eq!(get_block_reward(near_max), 1);
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// Test at max supply - 1000
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let below_max = max_supply - 1000;
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assert_eq!(get_block_reward(below_max), 1000);
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// Test that reward never exceeds remaining supply
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let supply_4_999_990 = ONE_ORE * 4_999_990;
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assert!(get_block_reward(supply_4_999_990) <= max_supply - supply_4_999_990);
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}
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#[test]
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fn test_block_reward_boundaries() {
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// Test first tier boundary
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let year1_supply = ONE_ORE * 525_599;
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assert_eq!(get_block_reward(year1_supply), 100_000_000_000);
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// Test middle tier boundary
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let year15_supply = ONE_ORE * 4_173_835;
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assert_eq!(get_block_reward(year15_supply), 22_876_792_454);
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// Test last tier boundary before max supply logic
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let last_tier_supply = ONE_ORE * 4_980_927;
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assert_eq!(get_block_reward(last_tier_supply), 5_814_973_607);
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}
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#[test]
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fn test_block_reward_zero_supply() {
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assert_eq!(get_block_reward(0), 100_000_000_000);
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}
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}
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