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Pull Request Overview
This PR refactors handlePositionsConverted to replace the previous average-based NO/YES price calculations with a uniform pricing model, and cleans up related imports.
- Removed legacy logic and unused imports for per-position price averaging.
- Introduced uniform price computation (
1/Nfor YES,(N-1)/Nfor NO). - Reordered and pruned imports for clarity.
Comments suppressed due to low confidence (3)
pnl-subgraph/src/NegRiskAdapterMapping.ts:105
- [nitpick] This comment is too terse. Expand it to explain that you're calculating the uniform YES token price as
COLLATERAL_SCALE / questionCountfor clarity.
// 1/N
pnl-subgraph/src/NegRiskAdapterMapping.ts:106
- The new uniform price calculation logic should have unit tests covering various
questionCountvalues and edge cases (e.g.,questionCount = 1or large values) to ensure correctness.
const yesTokenPrice = COLLATERAL_SCALE.div(BigInt.fromI32(questionCount));
pnl-subgraph/src/NegRiskAdapterMapping.ts:101
- Repeated
@ts-expect-errordirectives foru8suggest a missing type definition. Consider declaring or importing a properu8alias to avoid suppressing TypeScript errors.
// @ts-expect-error Cannot find name 'u8'.
JonathanAmenechi
approved these changes
Jun 26, 2025
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modifies PnL computations for negRisk conversions
for sure they were not done correctly before and were quite complicated
now for coverting in a neg-risk market with N outcomes,
we consider that each NO token is sold for (N-1)/N, and each YES token bought for 1/N.
in aggregate, if you converted M NO tokens into N-M YES tokens,
your PnL is:
M(N-1)/N - (N-M)/N
= 1/N * (MN - M -N + M)
= 1/N * (MN - N)
= N/N * (M - 1)
= M - 1
= the amount of USDC acquired via the conversion