Curve Encoding

Pricing of services on the zap platform is determined via a pricing mechanism set by the provider known as a Bonding Curve. This section details how a user can setup their bonding curve.

NOTE: If you're using Zap tools like the web-admin or cli, you wont need to know how to parse our curve encodings but a brief breakdown follows where encode/decode a few examples. Tldr; we provide some examples at the bottom of this page

Curve Encoding

Zap curves are piece-wise functions where each piece-wise segment is a sum-of-powers polynomial.

$$c0x^0+c1x^1+c2x^2+...$$

So if you have a function like 2+x^2, you'd want to put it in the form

$$2+ 2x^2 => 2x^0+0x^1+2x^2$$

If you just wanted a stable price, you'd just stick a constant, ala 3

$$3 => 3x^0$$

Since Zap bonding curves are piece-wise functions, our curves are encoded via integer encoded as follows

$$[n_1, c_0,c_1,...,c_n,l_1,n_2, c_0,c_1,...,c_n,l_2,...]$$

where

• n1 is the number of terms in the first polynomial

• c0, c1, ... are the coefficients of their respective n terms

• l1 is the x limit of the first polynomial function

• n2 is the number of terms in the second polynomial

• etc, etc

For the following examples we have equation + encoding

Example 1:

[3,0,0,3,10000000000]

This curve has 1 polynomial function, 3x^2. This takes 3 terms in the sum of powers repesentation

$$0x^0+ 0x^1+3x^2$$

Hence we have 3 terms in the 1st polynomial, [3,0,0,3,10000000000]

and c0=0, c1=0, and c2=3, [3,0,0,3,10000000000]

Since the x-limit of the first term is 10000000000, we use this for our l1 term , [3,0,0,3,10000000000]

Example 2:

[1,3,10,1,5,20,1,7,30,1,9,40,1,11,50]

Here we have 5 different piece-wise functions but they are all constants, so each consists of 1 term

$$3x^0, 5x^0, 7x^0, 9x^0, 11x^0$$