Includes price impact and the pool fee; the exact amount is quoted on-chain right before the buy.
+ ) : suggestion.reason === "not-issued" ? ( +Nothing suggested: no {quote.symbol} has been issued yet, so there is none to buy with. The launch stays free.
) : suggestion.reason === "insufficient" ? (Suggested {fmtQuoteUnits(Number(defaultFirstBuy(quote)), quote.decimals)} {quote.symbol}, but this wallet {sharedGas ? `does not hold enough ${quote.symbol} for the buy plus its gas` : "holds only gas"}. The launch stays free; you can buy on the token page later.
) : suggestion.reason === "no-gas" ? ( diff --git a/app/src/components/launchpad/launch-form.test.ts b/app/src/components/launchpad/launch-form.test.ts index ae6b4f9..9acd962 100644 --- a/app/src/components/launchpad/launch-form.test.ts +++ b/app/src/components/launchpad/launch-form.test.ts @@ -162,6 +162,8 @@ test("stock picker: a stock nobody holds yet is marked in the list, and picking // a warning, not a block: the launch works and trading starts once the issuer puts some in circulation assert.match(source, /\{stock\?\.issued === false \? \(\s*\s*None of \{stock\.symbol\} has been issued yet, so nobody holds any and nobody can buy your token with it until Coinbase issues some\. You can still launch now\.\s*<\/p>\s*\) : null\}/); assert.doesNotMatch(source, /issued === true|issued !== false|!\w+\.issued\b/, "never read a missing or unknown flag as \"not issued\""); + // and no first buy is suggested in it (first-buy.ts): the step says why instead of showing an amount nobody can hold + assert.match(source, /\) : suggestion\.reason === "not-issued" \? \(\s*
Nothing suggested: no \{quote\.symbol\} has been issued yet, so there is none to buy with\. The launch stays free\.<\/p>/);
});
test("beneficiary split: recipients come from the tested helper, and the summary reflects the split", () => {
diff --git a/app/src/lib/launchpad/first-buy.test.ts b/app/src/lib/launchpad/first-buy.test.ts
index 781c77d..ae228e3 100644
--- a/app/src/lib/launchpad/first-buy.test.ts
+++ b/app/src/lib/launchpad/first-buy.test.ts
@@ -18,6 +18,18 @@ test("default: the first preset for ETH, USDG and GITLAWB; $25 worth for a stock
assert.equal(defaultFirstBuy({ ...nvda, usd: null }), null);
});
+test("a stock nobody holds yet (issued false): nothing to suggest, wallet or not; an unknown issue state changes nothing", () => {
+ const coin = { ...nvda, issued: false };
+ assert.equal(defaultFirstBuy(coin), null, "so the form offers no \"suggest again\" either");
+ assert.deepEqual(suggestFirstBuy({ ...base, quote: coin, connected: false, balance: undefined, nativeBalance: undefined, gasReserve: GAS }), { amount: null, reason: "not-issued" }, "before a wallet connects too: no provisional 0.11 COINc in the preview");
+ assert.deepEqual(suggestFirstBuy({ ...base, quote: coin, balance: 0n, nativeBalance: GAS, gasReserve: GAS }), { amount: null, reason: "not-issued" }, "named for why, not as a short balance");
+ assert.deepEqual(suggestFirstBuy({ ...base, quote: coin, balance: 0n, nativeBalance: GAS, gasReserve: GAS, declined: true }), { amount: null, reason: "declined" });
+ for (const issued of [true, null, undefined]) {
+ assert.equal(defaultFirstBuy({ ...nvda, issued }), "0.11", String(issued));
+ assert.deepEqual(suggestFirstBuy({ ...base, quote: { ...nvda, issued }, connected: false, balance: undefined, nativeBalance: undefined, gasReserve: GAS }), { amount: "0.11", provisional: true }, String(issued));
+ }
+});
+
test("amountForUsd: short decimals parseUnits accepts, never more places than the quote has, null when it rounds away", () => {
assert.equal(amountForUsd(25, 2500, 18), "0.01");
assert.equal(amountForUsd(25, 1, 6), "25");
diff --git a/app/src/lib/launchpad/first-buy.ts b/app/src/lib/launchpad/first-buy.ts
index 3a2f344..6ea5aa8 100644
--- a/app/src/lib/launchpad/first-buy.ts
+++ b/app/src/lib/launchpad/first-buy.ts
@@ -9,6 +9,7 @@
* quote balance cannot cover the amount, the native balance cannot cover the buy's gas (for an ETH quote, and for a quote
* that is the chain's gas token in ERC-20 form such as USDC on Arc, both come from the same balance), or a balance read failed. While a read is still pending the suggestion stays, marked provisional.
* The creator can clear it at any time. An amount the creator TYPED keeps the strict checks (LaunchForm.tsx).
+ * Nothing is suggested in a stock the issuer has not put in circulation yet (`issued === false`): no wallet can hold any.
*/
import type { Quote } from "./config";
@@ -18,7 +19,7 @@ export const SUGGESTED_BUY_USD = 25;
/** Quick-pick amounts per quote; the first one is the suggestion (about $25 at the prices this was written at). */
export const BUY_PRESETS: Record