SCCP-2026: Update Perp Parameters - Update `offchainDelayedOrderMinAge`

Author
StatusImplemented
TypeGovernance
NetworkOptimism
ImplementorTBD
ReleaseTBD
ProposalLoading status...
Created2023-07-24

Simple Summary

This SCCP proposes to decrease the offchainDelayedOrderMinAge parameter on both the ETH and BTC markets to 1 second from 2 seconds.

Abstract

The `offchainDelayedOrderMinAge`` represents the least amount of time that needs to elapse, since the order intention time, before a delayed offchain order can be executed.

Motivation

The primary motivation is to significantly improve the PerpsV2 user experience, by decreasing the amount of time needed for a delayed order to be executed.

Copyright

Copyright and related rights waived via CC0.