SCCP-153: Increase Volume Cap on Atomic Exchanges

Author
StatusVote_Pending
TypeGovernance
ImplementorTBD
ReleaseTBD
ProposalLoading status...
Discussions-Tohttps://discord.gg/EWmYsH7X
Created2021-11-24

Simple Summary

Increase the cap on the volume per block for Atomic Exchanges to 1 million sUSD.

Abstract

This SCCP proposes to increase the cap on the volume as to increase the competitiveness of the product and allow for larger trades to materialize.

Motivation

The larger volume per block will allow for larger trades to happen, a necessary condition given the gas constraints on L1, the cap in place aims at limiting the damage from actors taking advantage of a latency in the price feed. Therefore, volumes generated with atomic swaps will be continuously monitored and the cap adjusted accordingly.

Copyright and related rights waived via CC0.