4

I'm trying to create a helper in a contract that lets the user deposit a single token and have it internally swap to the other token and add it as liquidity.

Lets say there is an LP with ETH and BTC and a user supplies only ETH, then how much of that ETH should be swapped to BTC to maximize the liquidity returned?

You could swap 50% percent but I'm looking for the exact answer that takes into account the 0.3% fee and the change in ratio because of the swap.

Zapper calculates as follows:

    function calculateSwapInAmount(uint256 reserveIn, uint256 userIn)
        internal
        pure
        returns (uint256)
    {
        return
            Babylonian
                .sqrt(
                reserveIn.mul(userIn.mul(3988000) + reserveIn.mul(3988009))
            )
                .sub(reserveIn.mul(1997)) / 1994;
    }

Zapper uniswap add contract (https://etherscan.io/address/0x5ACedBA6C402e2682D312a7b4982eda0Ccf2d2E3#code)

How is this formula derived and is it correct?

1 Answer 1

0

Got an answer via Zapper discord which lead me to https://blog.alphafinance.io/onesideduniswap/

1
  • 2
    You should copy the relevant bits from the linked article here in case it is taken down.
    – Qwerty
    Oct 19, 2021 at 14:34

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge that you have read and understand our privacy policy and code of conduct.

Not the answer you're looking for? Browse other questions tagged or ask your own question.