How are the parameters used in each of the bonding curves?
Delta (uint128)
The additive amount that the next price will increase/decrease by
No constraints
The multiplicative amount that the next price will increase or decrease by
1e18 represents 100%. If it increases by 20%, we need to put 1.2e18 as delta
Constrained to be ≥ 1e18
Represents the speed which
P_min
andP_max
are attained. Low = slow, high = fastdelta
must bek * 2**10
as a uint128. The value of k is normalized because most useful curves have k between 0 and 8, with small changes to k (e.g. 1/128) producing significant changes to the curve
SpotPrice (uint128)
Ex-fees and royalties,
Bid | Ask ~= spotPrice | spotPrice + delta
Ex-fees and royalties,
Bid | Ask ~= spotPrice | (spotPrice * delta/ 1e18)
Not used
Props (bytes)
Not used
Not used
Represents an encoding of upper and lower bounds P_max and P_min
abi.encode(uint256(P_min), uint256(P_max - P_min))
State (bytes)
Not used
Not used
Represents where we are from the curve initialization point to calculate the right gradient
abi.encode(int128(n - n0))
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