SCCP-2020: Update Perp Parameters - offchainDelayedOrderMinAge
Author | |
---|---|
Status | Vote_Pending |
Type | Governance |
Network | Optimism |
Implementor | TBD |
Release | TBD |
Created | 2023-07-10 |
Simple Summary
This SCCP proposes to lower offchainDelayedOrderMinAge
to 2 seconds for all markets
Abstract
The parameter description is as follows:
- The
offchainDelayedOrderMinAge
is the minimum amount of time that should elapse after the intent transaction, in order for a pyth price to be viable for execution.
Motivation
The proposed change in the parameter is proporsed in order to improve the overall user experience of traders and arbitrageurs. Note that the pyth price freshness is assured by the delayed order execution logic.
Copyright
Copyright and related rights waived via CC0.