The long term focus is motivated by two main reasons:
Risk of liquidations mechanism not keeping up during price volatility due to requiring linear scaling of transaction throughput with number of positions to be liquidated.
Benefits of more efficient liquidation mechanism (that would have constant scaling with number of positions).
Main tasks:
[ ] Detailed example of failure scenario: Assess the risk to protocol in more detail in order to assess urgency and possible impact using plausible numbers from current OVM and keeper bot implementation.
[ ] Comparison of economic costs: Assess the protocol benefit in protocol revenue, and reduction of ops costs.
[ ] Implementation proposal: Assess the feasibility of the proposed implementation change (shared positions arranged by liquidation prices).
Context: this is the long term focused task that came of a discussion of notion doc on futures liquidations problems and ideas
The long term focus is motivated by two main reasons:
Main tasks: