code.vegaprotocol.io/vega@v0.79.0/core/integration/features/0084-VDPR-014.feature

Feature: If a party does not qualify for the lowest tier, their volume_discount_factor is set to 0 (0084-VDPR-014)

  Background:

    Given the margin calculator named "margin-calculator-1":
      | search factor | initial factor | release factor |
      | 1.2           | 1.5            | 1.7            |
    Given the log normal risk model named "log-normal-risk-model":
      | risk aversion | tau | mu | r | sigma |
      | 0.000001      | 0.1 | 0  | 0 | 1.0   |
    Given the liquidity monitoring parameters:
      | name       | triggering ratio | time window | scaling factor |
      | lqm-params | 1.0              | 20s         | 1.0            |
    And the following network parameters are set:
      | name                                    | value |
      | market.value.windowLength               | 60s   |
      | network.markPriceUpdateMaximumFrequency | 0s    |
      | limits.markets.maxPeggedOrders          | 6     |
      | market.auction.minimumDuration          | 1     |
      | market.fee.factors.infrastructureFee    | 0.001 |
      | market.fee.factors.makerFee             | 0.004 |

    #risk factor short:3.5569036
    #risk factor long:0.801225765
    And the volume discount program tiers named "VDP-01":
      | volume | infra factor | liquidity factor | maker factor |
      | 3000   | 0.011        | 0.012            | 0.013        |
      | 4000   | 0.021        | 0.022            | 0.023        |
      | 5000   | 0.031        | 0.032            | 0.033        |
    And the volume discount program:
      | id  | tiers  | closing timestamp | window length |
      | id1 | VDP-01 | 0                 | 4             |

    And the following assets are registered:
      | id  | decimal places |
      | ETH | 0              |
    And the fees configuration named "fees-config-1":
      | maker fee | infrastructure fee |
      | 0.0004    | 0.001              |
    And the price monitoring named "price-monitoring":
      | horizon | probability | auction extension |
      | 3600    | 0.99        | 3                 |

    And the liquidity sla params named "SLA-22":
      | price range | commitment min time fraction | performance hysteresis epochs | sla competition factor |
      | 0.5         | 0.6                          | 1                             | 1.0                    |

    And the markets:
      | id        | quote name | asset | liquidity monitoring | risk model            | margin calculator   | auction duration | fees          | price monitoring | data source config     | linear slippage factor | quadratic slippage factor | sla params |
      | ETH/MAR24 | ETH        | ETH   | lqm-params           | log-normal-risk-model | margin-calculator-1 | 2                | fees-config-1 | price-monitoring | default-eth-for-future | 1e0                    | 0                         | SLA-22     |

    And the following network parameters are set:
      | name                                                | value |
      | market.liquidity.bondPenaltyParameter               | 0.2   |
      | validators.epoch.length                             | 5s    |
      | market.liquidity.stakeToCcyVolume                   | 1     |
      | market.liquidity.successorLaunchWindowLength        | 1h    |
      | market.liquidity.sla.nonPerformanceBondPenaltySlope | 0.7   |
      | market.liquidity.sla.nonPerformanceBondPenaltyMax   | 0.6   |
      | validators.epoch.length                             | 10s   |
      | market.liquidity.earlyExitPenalty                   | 0.25  |

    Given the average block duration is "1"
  @Now
  Scenario: 001: If a trader doesn't touch or pass the first tier, they get no discount
    Given the parties deposit on asset's general account the following amount:
      | party  | asset | amount   |
      | lp1    | ETH   | 10000000 |
      | party1 | ETH   | 10000000 |
      | party2 | ETH   | 10000000 |
      | party3 | ETH   | 10000000 |

    And the parties submit the following liquidity provision:
      | id   | party | market id | commitment amount | fee  | lp type    |
      | lp_1 | lp1   | ETH/MAR24 | 100000            | 0.02 | submission |

    Then the parties place the following orders:
      | party  | market id | side | volume | price | resulting trades | type       | tif     |
      | party1 | ETH/MAR24 | buy  | 10     | 900   | 0                | TYPE_LIMIT | TIF_GTC |
      | party1 | ETH/MAR24 | buy  | 1      | 1000  | 0                | TYPE_LIMIT | TIF_GTC |
      | lp1    | ETH/MAR24 | buy  | 100    | 990   | 0                | TYPE_LIMIT | TIF_GTC |
      | lp1    | ETH/MAR24 | sell | 100    | 1010  | 0                | TYPE_LIMIT | TIF_GTC |
      | party2 | ETH/MAR24 | sell | 10     | 1100  | 0                | TYPE_LIMIT | TIF_GTC |
      | party2 | ETH/MAR24 | sell | 1      | 1000  | 0                | TYPE_LIMIT | TIF_GTC |

    Then the opening auction period ends for market "ETH/MAR24"
    And the following trades should be executed:
      | buyer  | price | size | seller |
      | party1 | 1000  | 1    | party2 |
    And the market data for the market "ETH/MAR24" should be:
      | mark price | trading mode            | horizon | min bound | max bound | target stake | supplied stake | open interest |
      | 1000       | TRADING_MODE_CONTINUOUS | 3600    | 973       | 1027      | 3556         | 100000         | 1             |
    And the party "party3" has the following taker notional "0"
    And the party "party3" has the following discount infra factor "0"

    Then the parties place the following orders:
      | party  | market id | side | volume | price | resulting trades | type        | tif     |
      | party3 | ETH/MAR24 | buy  | 1      | 0     | 1                | TYPE_MARKET | TIF_IOC |
      | party3 | ETH/MAR24 | sell | 1      | 0     | 1                | TYPE_MARKET | TIF_IOC |
    And the market data for the market "ETH/MAR24" should be:
      | mark price | trading mode            | horizon | min bound | max bound | target stake | supplied stake | open interest |
      | 1000       | TRADING_MODE_CONTINUOUS | 3600    | 973       | 1027      | 7113         | 100000         | 1             |
    When the network moves ahead "1" epochs
    # The taker trades above are not enough for party3 to hit the first level of the discount tier
    # so we get a zero for the discount factor
    And the party "party3" has the following taker notional "2000"
    And the party "party3" has the following discount infra factor "0"