@iloop/sdk-mainnet

#iloop-sdk

Calculate adjust leverage

• Deposit: A token JITOSOL
• Current leverage: X
• New leverage: Y

-> New Deposit amount: A * Y/X = B

-> Total withdraw collateral: A - B = C

-> if C > 0 -> decrease leverage -> [flashBorrow SOL, repay flashBorrowSOL, withdraw collateral, swap collateral to SOL, flash repay SOL]

if C < 0 - increase leverage -> [flash borrow SOL, swap into JitoSOL, deposit JitoSOL to reserve, borrow SOL from reserve, flash repay SOL]

Calculate withdraw collateral

• total deposit A token JitoSOL
• Current leverage X
• withdraw B token

-> Actual withdraw from Reserve: B * X

-> Swap amount = B * X - B = C

-> [flash borrow SOL from reserve, repay flash borrow amount to reserve, withdraw JITOSOL, swap JITOSOL to SOL, flash repay SOL ]

Close multiply position

• Borrow A SOL
• Total deposit B SOL

-> [flash borrow A SOL, repay A SOL, withdraw B JitoSOL, swap Y JitoSOL to A SOL, repay A SOL]