SCCP-2090: Update DynamicFeeRounds

Author
StatusRejected
TypeGovernance
NetworkOptimism
ImplementorTBD
ReleaseTBD
Created2024-03-05

Simple Summary

This SCCP proposes to decrease the exchangeDynamicFeeRounds on sETH to 1

Abstract

Decreasing the exchangeDynamicFeeRounds to 1 effectively disabled the dynamic fee rate on swaps to sETH

Motivation

In order to encourage more on-ramp of sUSD via the ETH > sETH > sUSD, friction can be alleviated with the parameter change proposed in this sccp.

Updates as per authors' request.

Copyright

Copyright and related rights waived via CC0.