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sccp: 2020 | ||
network: Optimism | ||
title: Update Perp Parameters - offchainDelayedOrderMinAge | ||
author: Kaleb (@kaleb-keny) | ||
status: Vote_Pending | ||
created: 2023-07-10 | ||
type: Governance | ||
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# Simple Summary | ||
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This SCCP proposes to lower `offchainDelayedOrderMinAge` to 2 seconds for all markets | ||
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# Abstract | ||
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The parameter description is as follows: | ||
- The `offchainDelayedOrderMinAge` is the minimum amount of time that should elapse after the intent transaction in order for a pyth price to be viable for execution. | ||
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# Motivation | ||
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The proposed change in the parameter is proporsed in order to improve the overall user experience of traders and arbitrageurs. Note that the pyth price freshness is assured by the delayed order execution logic. | ||
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# Copyright | ||
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Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/). |