package keeper import ( "math/big" sdk "github.com/cosmos/cosmos-sdk/types" "github.com/ethereum/go-ethereum/common" "github.com/ethereum/go-ethereum/common/math" ) // CalculateBaseFee calculates the base fee for the current block. This is only calculated once per // block during BeginBlock. If the NoBaseFee parameter is enabled or below activation height, this function returns nil. // NOTE: This code is inspired from the go-ethereum EIP1559 implementation and adapted to Cosmos SDK-based // chains. For the canonical code refer to: https://github.com/ethereum/go-ethereum/blob/master/consensus/misc/eip1559.go func (k Keeper) CalculateBaseFee(ctx sdk.Context) *big.Int { params := k.GetParams(ctx) // Ignore the calculation if not enabled if !params.IsBaseFeeEnabled(ctx.BlockHeight()) { return nil } consParams := ctx.ConsensusParams() // If the current block is the first EIP-1559 block, return the base fee // defined in the parameters (DefaultBaseFee if it hasn't been changed by // governance). if ctx.BlockHeight() == params.EnableHeight { return params.BaseFee.BigInt() } // get the block gas used and the base fee values for the parent block. // NOTE: this is not the parent's base fee but the current block's base fee, // as it is retrieved from the transient store, which is committed to the // persistent KVStore after EndBlock (ABCI Commit). parentBaseFee := params.BaseFee.BigInt() if parentBaseFee == nil { return nil } parentGasUsed := k.GetBlockGasWanted(ctx) gasLimit := new(big.Int).SetUint64(math.MaxUint64) // NOTE: a MaxGas equal to -1 means that block gas is unlimited if consParams != nil && consParams.Block.MaxGas > -1 { gasLimit = big.NewInt(consParams.Block.MaxGas) } // CONTRACT: ElasticityMultiplier cannot be 0 as it's checked in the params // validation parentGasTargetBig := new(big.Int).Div(gasLimit, new(big.Int).SetUint64(uint64(params.ElasticityMultiplier))) if !parentGasTargetBig.IsUint64() { return nil } parentGasTarget := parentGasTargetBig.Uint64() baseFeeChangeDenominator := new(big.Int).SetUint64(uint64(params.BaseFeeChangeDenominator)) // If the parent gasUsed is the same as the target, the baseFee remains // unchanged. if parentGasUsed == parentGasTarget { return new(big.Int).Set(parentBaseFee) } if parentGasUsed > parentGasTarget { // If the parent block used more gas than its target, the baseFee should // increase. gasUsedDelta := new(big.Int).SetUint64(parentGasUsed - parentGasTarget) x := new(big.Int).Mul(parentBaseFee, gasUsedDelta) y := x.Div(x, parentGasTargetBig) baseFeeDelta := math.BigMax( x.Div(y, baseFeeChangeDenominator), common.Big1, ) return x.Add(parentBaseFee, baseFeeDelta) } // Otherwise if the parent block used less gas than its target, the baseFee // should decrease. gasUsedDelta := new(big.Int).SetUint64(parentGasTarget - parentGasUsed) x := new(big.Int).Mul(parentBaseFee, gasUsedDelta) y := x.Div(x, parentGasTargetBig) baseFeeDelta := x.Div(y, baseFeeChangeDenominator) // Set global min gas price as lower bound of the base fee, transactions below // the min gas price don't even reach the mempool. minGasPrice := params.MinGasPrice.TruncateInt().BigInt() return math.BigMax(x.Sub(parentBaseFee, baseFeeDelta), minGasPrice) }