SCCP-2009: Lower `offchainDelayedOrderMinAge` and `offchainDelayedOrderMaxAge`

Simple Summary

This SCCP intends to improve the PerpsV2 offering by decreasing the offchainDelayedOrderMinAge to 4 seconds (i.e. 2 blocks) and offchainDelayedOrderMaxAge to 60 seconds. These changes can only be enacted subsequent to the bedrock release.

Abstract

• The offchainDelayedOrderMinAge represents the least amount of time that needs to elapse, since the order committment time, beore a delayed offchain order can be executed.
• The offchainDelayedOrderMaxAge represents the longest amount of time that can elapse, since the order committment time, during which a positon 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 and the amount of time needed to cancel a expired position.

Copyright

Copyright and related rights waived via CC0.