1. 09 Jul, 2021 1 commit
    • Mark Tyneway's avatar
      l2geth: sequencer fee buffer · c612a903
      Mark Tyneway authored
      The fees are currently calculated as a sum of the L1 fee and the L2 fee
      where the L1 fee is the approximate cost of the batch submission of the
      transaction (L1 gas price * L1 gas used) and the L2 fee is the
      approximate cost of the execution on L2 taking into account congestion
      (L2 gas price * L2 gas limit).
      
      When either the L1 or L2 gas price is volatile, it can result in the
      quote that the user receives from `eth_estimateGas` to be rejected
      as the fee that the Sequencer is expecting has gone up.
      
      This PR adds logic to set a buffer in either direction of the current
      price that will allow the sequencer to still accept transactions within.
      
      Two new config options are added:
      
      - `--rollup.feethresholddown` or `ROLLUP_FEE_THRESHOLD_DOWN`
      - `--rollup.feethresholdup` or `ROLLUP_FEE_THRESHOLD_UP`
      
      Note that these config options are only useful for when running
      in Sequencer mode, they are not useful for replicas/verifiers.
      This is because the Sequencer is the only write node in the network.
      
      These config options are interpreted as floating point numbers and are
      multiplied against the current fee that the sequencer is expecting.
      To allow for a downward buffer of 10% and an upward buffer of 100%,
      use the options:
      
      - `ROLLUP_FEE_THRESHOLD_DOWN=0.9`
      - `ROLLUP_FEE_THRESHOLD_UP=2`
      
      This will allow for slight fee volatility downwards and prevent users
      from excessively overpaying on fees accidentally.
      
      This is a UX and profit tradeoff for the sequencer and can be exploited
      by bots. If bots are consistently taking advantage of this, the max
      threshold down will have to be calibrated to what the normal fee is
      today.
      
      Both config options are sanity checked in the `SyncService` constructor
      and will result in errors if they are bad. The threshold down must
      be less than 1 and the threshold up must be greater than 1.
      c612a903
  2. 08 Jul, 2021 1 commit
  3. 07 Jul, 2021 14 commits
  4. 06 Jul, 2021 14 commits
  5. 05 Jul, 2021 10 commits