Step 1: Assume coordinates of points.
Let the equilateral triangle have vertex at the origin \( O(0,0) \).
Let the other two vertices be
\[
A(x,4x^2), \quad B(-x,4x^2)
\]
since the parabola is symmetric about the \( y \)-axis.
Step 2: Use equilateral triangle condition.
Distance \( OA = OB = AB \).
Using distance formula,
\[
OA^2 = x^2 + 16x^4
\]
\[
AB = 2x
\]
Equating \( OA = AB \),
\[
x^2 + 16x^4 = 4x^2
\Rightarrow 16x^4 - 3x^2 = 0
\]
Step 3: Find coordinates.
Solving,
\[
x^2 = \frac{3}{16}
\Rightarrow x = \frac{\sqrt{3}}{4}
\]
Step 4: Find the center of the circle on \( AB \) as diameter.
The midpoint of \( AB \) is
\[
\left(0,4x^2\right) = \left(0,\frac{3}{4}\right)
\]
Step 5: Find the least distance from origin.
Distance from origin to center of the circle is
\[
\frac{3}{4} - \frac{\sqrt{3}}{4}
= \frac{3-\sqrt{3}}{4}
\]