SCCP-153: Increase Volume Cap on Atomic Exchanges
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Ethereum |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2021-11-24 |
Simple Summary
Increase the cap on the volume per block for Atomic Exchanges to 1 million sUSD.
Abstract
This SCCP proposes to increase the cap on the volume as to increase the competitiveness of the product and allow for larger trades to materialize.
Motivation
The larger volume per block will allow for larger trades to happen, a necessary condition given the gas constraints on L1, the cap in place aims at limiting the damage from actors taking advantage of a latency in the price feed. Therefore, volumes generated with atomic swaps will be continuously monitored and the cap adjusted accordingly.
Copyright
Copyright and related rights waived via CC0.