SCCP-393: Update V3 Staleness Tolerance
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Base |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2025-02-25 |
Simple Summary
This SCCP proposes to implement the following updates with regards to the staleness tolerance:
- Increase it for liquidations, deposits and withdrawals on the ETH and BTC perp markets to 1 hour, from 1 minute.
- Increase it for the all spot operations on the cbBTC, cbETH and wstETH synths to 1 day from 1 minute.
- Increase it to 1 month from 1 minute for wrapping operations (i.e. cbBTC > scbBTC).
Abstract
The staleness tolerance is the duration of time after a price push, during which a new price update is not required in order to perform a certain contract interaction (like liquidation, deposit, withdrawal).
Motivation
The proposed parameter changes are in light of new tooling put in place that updates prices on a recurrent basis as well as the need to move away from pull based pricing in order to facilitate integrations of synthetix vaults (coming soon).
Copyright
Copyright and related rights waived via CC0.