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Currently, blob posting will be paused if the transaction price reaches a configured threshold. We should explore a more flexible way of controlling our spending while also keeping the committer free from need of manual intervention.
Have a moving avg for 5min and 1 hour. When the 5 min avg crosses below the 1 hour avg, we start posting.
If 12 hours elapsed, post regardless of price + trigger alert
If spending in 24h exceed some budgeted amount (e.g. 0.3 ETH), pause posting for 24h + trigger alert
Whether we choose to refine the above approach or come up with something different, we can make use of historical transaction data to test the algorithm.
The text was updated successfully, but these errors were encountered:
Currently, blob posting will be paused if the transaction price reaches a configured threshold. We should explore a more flexible way of controlling our spending while also keeping the committer free from need of manual intervention.
Example approach suggested by @Voxelot:
Whether we choose to refine the above approach or come up with something different, we can make use of historical transaction data to test the algorithm.
The text was updated successfully, but these errors were encountered: