SCCP 47: Raise Fees on Crypto Synths to 50 bp Source

AuthorKaleb Keny

Simple Summary

Raise fees on synths sXTZ, sXRP, sLTC, sADA, sBCH, sBNB, sLINK, sETH and sBTC and their respective inverses to 50 bp from 30 bp.


Increase fees to 50 bp on synths which are pushed with a 1% deviation threshold.


Analysis of on-chain data showed that front-running opportunities still exist with post migration to chainlink price oracles. Increasing fees to 50 bp on synths with a 1% deviation threshold push should help close this window while waiting for further changes to the oracle.

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