Pricing and TGE

const Q192 = 1n << 192n;

type Fraction = {
  numerator: bigint;
  denominator: bigint;
};

function quotePerToken(
  sqrtPriceX96: bigint,
  tokenIsToken0: boolean,
  tokenDecimals: number,
  quoteDecimals: number,
): Fraction {
  if (sqrtPriceX96 <= 0n) throw new Error("invalid pool price");

  const squared = sqrtPriceX96 * sqrtPriceX96;
  const tokenScale = 10n ** BigInt(tokenDecimals);
  const quoteScale = 10n ** BigInt(quoteDecimals);

  return tokenIsToken0
    ? {
        numerator: squared * tokenScale,
        denominator: Q192 * quoteScale,
      }
    : {
        numerator: Q192 * tokenScale,
        denominator: squared * quoteScale,
      };
}

function marketCapQuoteAtomic(
  sqrtPriceX96: bigint,
  tokenIsToken0: boolean,
  supplyAtomic: bigint,
): bigint {
  const squared = sqrtPriceX96 * sqrtPriceX96;

  return tokenIsToken0
    ? (supplyAtomic * squared) / Q192
    : (supplyAtomic * Q192) / squared;
}

const [pairedPrincipal, threshold, liveGraduated, reachedEver] =
  await client.readContract({
    address: launchFactory,
    abi: factoryAbi,
    functionName: "graduationStatus",
    args: [token],
  });

const progressBps =
  threshold === 0n
    ? 0n
    : ((pairedPrincipal * 10_000n) / threshold > 10_000n
        ? 10_000n
        : (pairedPrincipal * 10_000n) / threshold);