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Update TIP-133.md
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danijelthales authored Mar 16, 2023
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Expand Up @@ -28,7 +28,7 @@ Reducing the gas costs and allowing us more flexibility on how we perform and ba

In terms of centralization risks, I am only proposing using keeper bots directly for odds, and still using CL nodes for market creation and resolution. Centralizing the odds updates has no risks for end users, as they always see which odds they are getting when trading. However, it does include an additional risk for liquidity providers if those bots are compromised, but should an attack take place, pDAO can cancel the affected markets thus not allowing attackers to take profit. Circuit breakers which we have built in mitigate this attack vector to some extent. Besides adheering to cyber security measures to protect the whitelisted wallets, Council could consider introducing an insurance fund for Liquidity Providers, or using the SafeBox for that purpose. However, at this point the proposed solution is likely a good compromise for Liquidity Providers as it ensures sharper odds and mitigates frontrunning surface.

I am a big proponent of decentralized oracles, and will still be on the lookout and how to get back to using more decentralized solutions once better tooling is available. With regards to gas costs, EIP-4844 should introduce significant L2 gas costs reduction (planned for Q3 2023), so we could revisit this decition once its live.
I am a big proponent of decentralized oracles, and will still be on the lookout and how to get back to using more decentralized solutions once better tooling is available. With regards to gas costs, EIP-4844 should introduce significant L2 gas costs reduction (planned for Q3 2023), so we could revisit this decision once its live.

Additionally, tools such as Chainlink functions could provide an alternative solution, but its still early for production use of those.

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