SCCP-259: Update Dynamic Fee Rounds

Author
StatusRejected
TypeGovernance
NetworkOptimism
ImplementorTBD
ReleaseTBD
ProposalLoading status...
Created2022-12-07

Simple Summary

This SCCP proposes to decrease the exchangeDynamicFeeRounds to zero.

Abstract

exchangeDynamicFeeRounds is the number of price pushes used to compute dynamic fees. Lowering this parameter to zero effectively disables dynamic fees.

Motivation

Given the transition of the product offering on optimism towards perps v2, dynamic fees can be phased off, given feed freshness guarantees by off-chain delayed orders.

Copyright and related rights waived via CC0.