limit sell offers to unsigned buy limit then warn within release windows
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a63118d5eb
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f91f213cd2
@ -433,10 +433,12 @@ public class AccountAgeWitnessService {
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limit = BigInteger.valueOf(MathUtils.roundDoubleToLong(maxTradeLimit.longValueExact() * factor));
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}
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log.debug("limit={}, factor={}, accountAgeWitnessHash={}",
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limit,
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factor,
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Utilities.bytesAsHexString(accountAgeWitness.getHash()));
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if (accountAgeWitness != null) {
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log.debug("limit={}, factor={}, accountAgeWitnessHash={}",
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limit,
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factor,
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Utilities.bytesAsHexString(accountAgeWitness.getHash()));
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}
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return limit;
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}
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@ -518,6 +520,15 @@ public class AccountAgeWitnessService {
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paymentAccount.getPaymentMethod()).longValueExact();
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}
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public long getUnsignedTradeLimit(PaymentMethod paymentMethod, String currencyCode, OfferDirection direction) {
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return getTradeLimit(paymentMethod.getMaxTradeLimit(currencyCode),
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currencyCode,
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null,
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AccountAge.UNVERIFIED,
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direction,
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paymentMethod).longValueExact();
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}
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///////////////////////////////////////////////////////////////////////////////////////////
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// Verification
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///////////////////////////////////////////////////////////////////////////////////////////
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@ -44,6 +44,8 @@ import java.security.PrivateKey;
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import java.text.DecimalFormat;
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import java.text.DecimalFormatSymbols;
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import java.text.SimpleDateFormat;
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import java.util.Calendar;
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import java.util.Date;
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import java.util.Locale;
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import java.util.concurrent.CountDownLatch;
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import javax.annotation.Nullable;
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@ -60,8 +62,13 @@ import org.bitcoinj.core.Coin;
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@Slf4j
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public class HavenoUtils {
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// Use the US locale as a base for all DecimalFormats (commas should be omitted from number strings).
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public static final DecimalFormatSymbols DECIMAL_FORMAT_SYMBOLS = DecimalFormatSymbols.getInstance(Locale.US);
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// configurable
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private static final String RELEASE_DATE = "01-03-2024 00:00:00"; // optionally set to release date of the network in format dd-mm-yyyy to impose temporary limits, etc. e.g. "01-03-2024 00:00:00"
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public static final int RELEASE_LIMIT_DAYS = 60; // number of days to limit sell offers to max buy limit for new accounts
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public static final int WARN_ON_OFFER_EXCEEDS_UNSIGNED_BUY_LIMIT_DAYS = 182; // number of days to warn if sell offer exceeds unsigned buy limit
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// non-configurable
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public static final DecimalFormatSymbols DECIMAL_FORMAT_SYMBOLS = DecimalFormatSymbols.getInstance(Locale.US); // use the US locale as a base for all DecimalFormats (commas should be omitted from number strings)
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public static int XMR_SMALLEST_UNIT_EXPONENT = 12;
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public static final String LOOPBACK_HOST = "127.0.0.1"; // local loopback address to host Monero node
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public static final String LOCALHOST = "localhost";
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@ -70,14 +77,34 @@ public class HavenoUtils {
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public static final DecimalFormat XMR_FORMATTER = new DecimalFormat("##############0.000000000000", DECIMAL_FORMAT_SYMBOLS);
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public static final SimpleDateFormat DATE_FORMAT = new SimpleDateFormat("dd-MM-yyyy HH:mm:ss");
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// TODO: better way to share references?
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public static ArbitrationManager arbitrationManager;
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public static ArbitrationManager arbitrationManager; // TODO: better way to share references?
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public static HavenoSetup havenoSetup;
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public static boolean isSeedNode() {
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return havenoSetup == null;
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}
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@SuppressWarnings("unused")
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public static Date getReleaseDate() {
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if (RELEASE_DATE == null) return null;
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try {
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return DATE_FORMAT.parse(RELEASE_DATE);
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} catch (Exception e) {
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log.error("Failed to parse release date: " + RELEASE_DATE, e);
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throw new IllegalArgumentException(e);
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}
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}
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public static boolean isReleasedWithinDays(int days) {
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Date releaseDate = getReleaseDate();
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if (releaseDate == null) return false;
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Calendar calendar = Calendar.getInstance();
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calendar.setTime(releaseDate);
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calendar.add(Calendar.DATE, days);
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Date releaseDatePlusDays = calendar.getTime();
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return new Date().before(releaseDatePlusDays);
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}
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// ----------------------- CONVERSION UTILS -------------------------------
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public static BigInteger coinToAtomicUnits(Coin coin) {
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@ -412,6 +412,8 @@ popup.warning.tradeLimitDueAccountAgeRestriction.seller=The allowed trade amount
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- The buyer''s account has not been signed by an arbitrator or a peer\n\
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- The time since signing of the buyer''s account is not at least 30 days\n\
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- The payment method for this offer is considered risky for bank chargebacks\n\n{1}
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popup.warning.tradeLimitDueAccountAgeRestriction.seller.releaseLimit=This payment method is temporarily limited to {0} until {1} because all buyers have new accounts.\n\n{2}
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popup.warning.tradeLimitDueAccountAgeRestriction.seller.exceedsUnsignedBuyLimit=Your offer will be limited to buyers with signed and aged accounts because it exceeds {0}.\n\n{1}
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popup.warning.tradeLimitDueAccountAgeRestriction.buyer=The allowed trade amount is limited to {0} because of security restrictions based on the following criteria:\n\
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- Your account has not been signed by an arbitrator or a peer\n\
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- The time since signing of your account is not at least 30 days\n\
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@ -380,7 +380,7 @@ public class HavenoApp extends Application implements UncaughtExceptionHandler {
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// if no warning popup has been shown yet, prompt user if they really intend to shut down
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String key = "popup.info.shutDownQuery";
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if (injector.getInstance(Preferences.class).showAgain(key) && !DevEnv.isDevMode()) {
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new Popup().headLine(Res.get("popup.info.shutDownQuery"))
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new Popup().headLine(Res.get(key))
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.actionButtonText(Res.get("shared.yes"))
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.onAction(() -> resp.complete(true))
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.closeButtonText(Res.get("shared.no"))
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@ -455,6 +455,12 @@ public abstract class MutableOfferDataModel extends OfferDataModel {
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}
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long getMaxTradeLimit() {
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// disallow offers which no buyer can take due to trade limits on release
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if (HavenoUtils.isReleasedWithinDays(HavenoUtils.RELEASE_LIMIT_DAYS)) {
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return accountAgeWitnessService.getMyTradeLimit(paymentAccount, tradeCurrencyCode.get(), OfferDirection.BUY);
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}
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if (paymentAccount != null) {
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return accountAgeWitnessService.getMyTradeLimit(paymentAccount, tradeCurrencyCode.get(), direction);
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} else {
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@ -586,6 +592,10 @@ public abstract class MutableOfferDataModel extends OfferDataModel {
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// Getters
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///////////////////////////////////////////////////////////////////////////////////////////
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public BigInteger getMaxUnsignedBuyLimit() {
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return BigInteger.valueOf(accountAgeWitnessService.getUnsignedTradeLimit(paymentAccount.getPaymentMethod(), tradeCurrencyCode.get(), OfferDirection.BUY));
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}
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protected ReadOnlyObjectProperty<BigInteger> getAmount() {
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return amount;
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}
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@ -1012,7 +1012,24 @@ public abstract class MutableOfferView<M extends MutableOfferViewModel<?>> exten
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nextButton.setOnAction(e -> {
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if (model.isPriceInRange()) {
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onShowPayFundsScreen();
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// warn if sell offer exceeds unsigned buy limit within release window
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boolean isSellOffer = model.getDataModel().isSellOffer();
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boolean exceedsUnsignedBuyLimit = model.getDataModel().getAmount().get().compareTo(model.getDataModel().getMaxUnsignedBuyLimit()) > 0;
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String key = "popup.warning.tradeLimitDueAccountAgeRestriction.seller.exceedsUnsignedBuyLimit";
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if (isSellOffer && exceedsUnsignedBuyLimit && DontShowAgainLookup.showAgain(key) && HavenoUtils.isReleasedWithinDays(HavenoUtils.WARN_ON_OFFER_EXCEEDS_UNSIGNED_BUY_LIMIT_DAYS)) {
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new Popup().information(Res.get(key,
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HavenoUtils.formatXmr(model.getDataModel().getMaxUnsignedBuyLimit(), true),
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Res.get("offerbook.warning.newVersionAnnouncement")))
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.closeButtonText(Res.get("shared.cancel"))
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.actionButtonText(Res.get("shared.ok"))
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.onAction(this::onShowPayFundsScreen)
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.width(900)
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.dontShowAgainId(key)
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.show();
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} else {
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onShowPayFundsScreen();
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}
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}
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});
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}
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@ -81,6 +81,9 @@ import org.bitcoinj.core.Coin;
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import javax.inject.Inject;
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import javax.inject.Named;
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import java.math.BigInteger;
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import java.text.SimpleDateFormat;
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import java.util.Calendar;
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import java.util.Date;
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import java.util.concurrent.TimeUnit;
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import static javafx.beans.binding.Bindings.createStringBinding;
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@ -692,11 +695,32 @@ public abstract class MutableOfferViewModel<M extends MutableOfferDataModel> ext
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} else {
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amount.set(HavenoUtils.formatXmr(xmrValidator.getMaxTradeLimit()));
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boolean isBuy = dataModel.getDirection() == OfferDirection.BUY;
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new Popup().information(Res.get(isBuy ? "popup.warning.tradeLimitDueAccountAgeRestriction.buyer" : "popup.warning.tradeLimitDueAccountAgeRestriction.seller",
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HavenoUtils.formatXmr(OfferRestrictions.TOLERATED_SMALL_TRADE_AMOUNT, true),
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Res.get("offerbook.warning.newVersionAnnouncement")))
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.width(900)
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.show();
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boolean isSellerWithinReleaseWindow = !isBuy && HavenoUtils.isReleasedWithinDays(HavenoUtils.RELEASE_LIMIT_DAYS);
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if (isSellerWithinReleaseWindow) {
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// format release date plus days
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Date releaseDate = HavenoUtils.getReleaseDate();
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Calendar c = Calendar.getInstance();
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c.setTime(releaseDate);
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c.add(Calendar.DATE, HavenoUtils.RELEASE_LIMIT_DAYS);
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Date releaseDatePlusDays = c.getTime();
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SimpleDateFormat formatter = new SimpleDateFormat("MMMM d, yyyy");
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String releaseDatePlusDaysAsString = formatter.format(releaseDatePlusDays);
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// popup temporary restriction
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new Popup().information(Res.get("popup.warning.tradeLimitDueAccountAgeRestriction.seller.releaseLimit",
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HavenoUtils.formatXmr(OfferRestrictions.TOLERATED_SMALL_TRADE_AMOUNT, true),
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releaseDatePlusDaysAsString,
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Res.get("offerbook.warning.newVersionAnnouncement")))
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.width(900)
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.show();
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} else {
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new Popup().information(Res.get(isBuy ? "popup.warning.tradeLimitDueAccountAgeRestriction.buyer" : "popup.warning.tradeLimitDueAccountAgeRestriction.seller",
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HavenoUtils.formatXmr(OfferRestrictions.TOLERATED_SMALL_TRADE_AMOUNT, true),
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Res.get("offerbook.warning.newVersionAnnouncement")))
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.width(900)
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.show();
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}
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}
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}
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// We want to trigger a recalculation of the volume
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@ -78,6 +78,16 @@ Keypairs with alert privileges are able to send alerts, e.g. to update the appli
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Set the XMR address to collect trade fees in `getTradeFeeAddress()` in HavenoUtils.java.
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## Set the network's release date
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Optionally set the network's approximate release date by setting `RELEASE_DATE` in HavenoUtils.java.
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This will prevent posting sell offers which no buyers can take before any buyer accounts are signed and aged, while the network bootstraps.
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After a period (default 60 days), the limit is lifted and sellers can post offers exceeding unsigned buy limits, but they will receive an informational warning for an additional period (default 6 months after release).
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The defaults can be adjusted with the related constants in HavenoUtils.java.
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## Create and register arbitrators
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Before running the arbitrator, remember that at least one seednode should already be deployed and its address listed in `core/src/main/resources/xmr_<network>.seednodes`.
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