Contract detail
ExponentialStrategy
ExponentialStrategy is a verified Robinhood Chain smart contract at 0xa9b9b8f9…0d4bb0c5 with 0 indexed transactions.
- Address type
- Smart contract
- Transactions
- 0
- History coverage
- No indexed activity found
- Native balance
- 0 ETH
- Balance observed at
- Block #35496736
- Verification
- Verified
- Compiler
- v0.8.26+commit.8a97fa7a
- Verification match
- partial
- Creation transaction
- 0x693254c4…2d48989a
- Created at block
- #1051634
- Language
- solidity
- EVM version
- cancun
- License
- none
- Compiler optimization
- Enabled · 800 runs
Verified contract
Contract source code
// SPDX-License-Identifier: BUSL-1.1
pragma solidity 0.8.26;
import "./ILiquidityStrategy.sol";
import "./LiquidityDistributionLibrary.sol";
import "./StrategyGridLibrary.sol";
import {TickMath} from "v4-core/libraries/TickMath.sol";
import {wadExp} from "solmate/src/utils/SignedWadMath.sol";
import {FullMath} from "v4-core/libraries/FullMath.sol";
/**
* @title ExponentialStrategy
* @notice Exponential distribution with center-owned range generation
* @dev Key features:
* 1. Dynamic width targeting ~20 ranges
* 2. Two-sided requests generate one band that owns centerTick
* 3. Clamped ticksLeft/ticksRight for proper lambda calculation
*/
contract ExponentialStrategy is ILiquidityStrategy {
struct DensityParams {
int24[] lowerTicks;
int24[] upperTicks;
int24 currentTick;
int24 centerTick;
uint24 ticksLeft;
uint24 ticksRight;
uint256 weight0;
uint256 weight1;
bool useCarpet;
int24 tickSpacing;
bool useAssetWeights;
}
/**
* @notice Generate ranges with optional full-range floor position
* @dev Uses a center-owned equal-width grid for two-sided requests
*/
function generateRanges(int24 centerTick, uint24 ticksLeft, uint24 ticksRight, int24 tickSpacing, bool useCarpet)
external
pure
override
returns (int24[] memory lowerTicks, int24[] memory upperTicks)
{
return _generateRanges(centerTick, ticksLeft, ticksRight, tickSpacing, useCarpet);
}
function _generateRanges(int24 centerTick, uint24 ticksLeft, uint24 ticksRight, int24 tickSpacing, bool useCarpet)
internal
pure
returns (int24[] memory lowerTicks, int24[] memory upperTicks)
{
(int24[] memory baseLowers, int24[] memory baseUppers) =
StrategyGridLibrary.generateCenterOwnedRanges(centerTick, ticksLeft, ticksRight, tickSpacing);
if (!useCarpet) {
return (baseLowers, baseUppers);
}
return _prependFullRangeFloor(baseLowers, baseUppers, tickSpacing);
}
function _prependFullRangeFloor(int24[] memory baseLowers, int24[] memory baseUppers, int24 tickSpacing)
private
pure
returns (int24[] memory lowerTicks, int24[] memory upperTicks)
{
int24 minUsable = TickMath.minUsableTick(tickSpacing);
int24 maxUsable = TickMath.maxUsableTick(tickSpacing);
uint256 length = baseLowers.length;
if (length == 0) {
lowerTicks = new int24[](1);
upperTicks = new int24[](1);
lowerTicks[0] = minUsable;
upperTicks[0] = maxUsable;
return (lowerTicks, upperTicks);
}
uint256 floorIdx = type(uint256).max;
for (uint256 i = 0; i < length; ++i) {
if (_isFullRange(baseLowers[i], baseUppers[i], minUsable, maxUsable)) {
floorIdx = i;
break;
}
}
if (floorIdx == 0) {
return (baseLowers, baseUppers);
}
if (floorIdx == type(uint256).max) {
lowerTicks = new int24[](length + 1);
upperTicks = new int24[](length + 1);
lowerTicks[0] = minUsable;
upperTicks[0] = maxUsable;
for (uint256 i = 0; i < length; ++i) {
lowerTicks[i + 1] = baseLowers[i];
upperTicks[i + 1] = baseUppers[i];
}
return (lowerTicks, upperTicks);
}
lowerTicks = new int24[](length);
upperTicks = new int24[](length);
lowerTicks[0] = minUsable;
upperTicks[0] = maxUsable;
uint256 idx = 1;
for (uint256 i = 0; i < length; ++i) {
if (i == floorIdx) {
continue;
}
lowerTicks[idx] = baseLowers[i];
upperTicks[idx] = baseUppers[i];
unchecked {
++idx;
}
}
}
function _isFullRange(int24 lowerTick, int24 upperTick, int24 minUsable, int24 maxUsable)
private
pure
returns (bool)
{
return lowerTick == minUsable && upperTick == maxUsable;
}
/**
* @notice Calculate Exponential density with all options
*/
function calculateDensities(
int24[] memory lowerTicks,
int24[] memory upperTicks,
int24 currentTick,
int24 centerTick,
uint24 ticksLeft,
uint24 ticksRight,
uint256 weight0,
uint256 weight1,
bool useCarpet,
int24 tickSpacing,
bool useAssetWeights
) public pure override returns (uint256[] memory weights) {
DensityParams memory params = DensityParams({
lowerTicks: lowerTicks,
upperTicks: upperTicks,
currentTick: currentTick,
centerTick: centerTick,
ticksLeft: ticksLeft,
ticksRight: ticksRight,
weight0: weight0,
weight1: weight1,
useCarpet: useCarpet,
tickSpacing: tickSpacing,
useAssetWeights: useAssetWeights
});
return _calculateDensitiesInternal(params);
}
function _calculateDensitiesInternal(DensityParams memory params) private pure returns (uint256[] memory weights) {
uint256 numRanges = params.lowerTicks.length;
weights = new uint256[](numRanges);
if (numRanges == 0) return weights;
if (params.useCarpet && numRanges > 1) {
int24 minUsable = TickMath.minUsableTick(params.tickSpacing);
int24 maxUsable = TickMath.maxUsableTick(params.tickSpacing);
if (params.lowerTicks[0] == minUsable && params.upperTicks[0] == maxUsable) {
int24[] memory baseLower = new int24[](numRanges - 1);
int24[] memory baseUpper = new int24[](numRanges - 1);
for (uint256 i = 1; i < numRanges; ++i) {
baseLower[i - 1] = params.lowerTicks[i];
baseUpper[i - 1] = params.upperTicks[i];
}
DensityParams memory baseParams = params;
baseParams.lowerTicks = baseLower;
baseParams.upperTicks = baseUpper;
uint256[] memory baseWeights = new uint256[](numRanges - 1);
_processWeightsNoCarpet(baseWeights, baseParams);
weights[0] = 0;
for (uint256 i = 0; i < baseWeights.length; ++i) {
weights[i + 1] = baseWeights[i];
}
return weights;
}
}
if (!params.useAssetWeights) {
require(params.weight0 + params.weight1 == 1e18, "Weights must sum to 1e18");
}
_processWeightsNoCarpet(weights, params);
_applyFullRangeFloorWeight(weights, params);
return weights;
}
function _processWeightsNoCarpet(uint256[] memory weights, DensityParams memory params) private pure {
uint256 numRanges = params.lowerTicks.length;
uint256 lambdaLeft;
uint256 lambdaRight;
{
(uint256 effectiveTicksLeft, uint256 effectiveTicksRight) = StrategyGridLibrary.effectiveTickSpans(
params.lowerTicks[0],
params.upperTicks[numRanges - 1],
params.centerTick,
params.ticksLeft,
params.ticksRight
);
lambdaLeft = effectiveTicksLeft / 3;
lambdaRight = effectiveTicksRight / 3;
if (lambdaLeft == 0) lambdaLeft = 1;
if (lambdaRight == 0) lambdaRight = 1;
}
uint256[] memory baseWeights = new uint256[](numRanges);
uint256 totalBaseWeight;
for (uint256 i = 0; i < numRanges;) {
bool containsCenter =
StrategyGridLibrary.containsCenterTick(params.lowerTicks[i], params.upperTicks[i], params.centerTick);
int256 midpointOffsetX2 =
StrategyGridLibrary.midpointOffsetX2(params.lowerTicks[i], params.upperTicks[i], params.centerTick);
uint256 absDistanceX2 =
containsCenter ? 0 : midpointOffsetX2 < 0 ? uint256(-midpointOffsetX2) : uint256(midpointOffsetX2);
bool isLeftOfCenter = midpointOffsetX2 < 0;
uint256 lambda = isLeftOfCenter ? lambdaLeft : lambdaRight;
uint256 lambdaX2 = 2 * lambda;
uint256 weight;
if (absDistanceX2 < lambdaX2 * 10) {
int256 exponent = -int256((absDistanceX2 * 1e18) / lambdaX2);
int256 expResult = wadExp(exponent);
weight = expResult > 0 ? uint256(expResult) : 0;
} else {
weight = 0;
}
baseWeights[i] = weight;
unchecked {
totalBaseWeight += weight;
++i;
}
}
// Apply weight preferences
if (params.useAssetWeights) {
if (totalBaseWeight != 0) {
for (uint256 i = 0; i < numRanges;) {
weights[i] = FullMath.mulDiv(baseWeights[i], LiquidityDistributionLibrary.WAD, totalBaseWeight);
unchecked {
++i;
}
}
}
} else {
uint256[] memory adjustedWeights = new uint256[](numRanges);
uint256 totalAdjustedWeight;
for (uint256 i = 0; i < numRanges;) {
if (params.upperTicks[i] <= params.currentTick) {
adjustedWeights[i] = FullMath.mulDiv(baseWeights[i] * params.weight1, 2, 1e18);
} else if (params.lowerTicks[i] >= params.currentTick) {
adjustedWeights[i] = FullMath.mulDiv(baseWeights[i] * params.weight0, 2, 1e18);
} else {
adjustedWeights[i] = baseWeights[i];
}
unchecked {
totalAdjustedWeight += adjustedWeights[i];
++i;
}
}
if (totalAdjustedWeight != 0) {
for (uint256 i = 0; i < numRanges;) {
weights[i] =
FullMath.mulDiv(adjustedWeights[i], LiquidityDistributionLibrary.WAD, totalAdjustedWeight);
unchecked {
++i;
}
}
}
}
}
function _applyFullRangeFloorWeight(uint256[] memory weights, DensityParams memory params) private pure {
if (!params.useCarpet || weights.length == 0) {
return;
}
int24 minUsable = TickMath.minUsableTick(params.tickSpacing);
int24 maxUsable = TickMath.maxUsableTick(params.tickSpacing);
if (params.lowerTicks[0] != minUsable || params.upperTicks[0] != maxUsable) {
return;
}
if (weights.length == 1) {
weights[0] = LiquidityDistributionLibrary.WAD;
return;
}
uint256 sum;
for (uint256 i = 1; i < weights.length; ++i) {
sum += weights[i];
}
if (sum == 0) {
weights[0] = 0;
return;
}
for (uint256 i = 1; i < weights.length; ++i) {
weights[i] = FullMath.mulDiv(weights[i], LiquidityDistributionLibrary.WAD, sum);
}
weights[0] = 0;
}
function supportsWeights() external pure override returns (bool) {
return true;
}
function getStrategyType() external pure override returns (string memory) {
return "Exponential";
}
function getDescription() external pure override returns (string memory) {
return "Exponential distribution with optional full-range floor";
}
}