For the canonical V3 pool with sqrt-price s (Q64.96), the oriented displacement since the previous cycle is measured in parts-per-million of the squared sqrt-price:
The sign is oriented so that positive r always means the token rose against WETH, whichever pool slot it occupies. Squared sqrt-price is exactly the pool's rational price, so r is a pure integer computation — no floating point ever touches a decision.
Interval WETH volume against in-range liquidity L gives a flow pressure, which widens the dead zone in loud markets so that noise cannot trigger the policy:
The dead zone therefore lies between 0.15% and 0.65% of squared price, tightening when the pool is quiet and relaxing when it churns.
Only curvature in excess of the dead zone earns size, and it earns it cubically:
Every action is bounded to 0.25%–12.5% of the relevant reservoir. A marginal breach trades the minimum; a violent dislocation deploys the cap and never more.
Inside the dead zone (|r| ≤ d) the reservoir refuses to sit on surplus:
0x…dEaD. Total supply is untouched on paper; circulating float is
not.0x…dEaD. Not burned — ownership-locked:
the liquidity and all its future fees become permanently inaccessible, so each allocation mints a
new NFT. The original launch position is explicitly rejected.Every cycle claims available creator fees first (NoFeesToCollect is
ordinary), observes the pool, takes exactly one action, and persists the next start time — drawn
uniformly from [10, 15] minutes — before the economic action executes, so a restart can
neither reset the clock nor double-fire a cycle.
Ricci flow, ∂g/∂t = −2 · Ric(g), deforms a metric so that regions of high curvature relax toward uniformity — it is the equation Perelman used to settle the Poincaré conjecture. RICCI does to a price path what Ricci flow does to a manifold: it measures discrete curvature and applies a bounded, deterministic counter-flow until the geometry calms. The reservoir is the metric; the fees are the flow.
1 ∮ RICCI — Ricci Flow Reservoir · Robinhood Chain (4663) · deterministic, journalled, buy-biased.