Description
Exponential Networks are a useful tool to count BPS states in local Calabi-Yau 3-folds. In this talk we apply Exponential Networks to D0-D4 bound states in flat space. This leads us to an explicit correspondence between torus fixed points of the Hilbert scheme of points on C2 and anomaly free finite webs attached to the quadratically framed pair of pants. This can be viewed as an A-model description of the ADHM construction. We will highlight some relation of our construction to Donaldson-Thomas theory.