Migration to OKU Trade and adjustments to block duration parameters

[diegohernan]

Introduction

As part of our ongoing efforts to improve the efficiency, stability, and user experience of the protocol, we present the following proposals aimed at addressing identified system issues and optimizing key processes in light of recent network changes. These enhancements are designed to strengthen user perception of usability and adapt the protocol’s operations to the new block generation conditions.

Proposals

1. Migration from TEX to OKU Trade in MOC Flow
   Description:
   We propose discontinuing TEX in MOC Flow and transitioning to the OKU Trade platform.
   Justification:

• OKU Trade offers a more robust solution better suited to the current needs of the protocol.
• This change aims to optimize user experience and ensure MOC Flow operates more efficiently and reliably.

2. Solution for the ROC Queue (Rif On Chain)
   Problem identification:

• Edge cases were identified within the Flux Capacitor that caused prolonged blockages in the ROC Queue, negatively impacting the platform’s usability perception.
  Proposed Solution:
• Implement a solution in the ROC Queue logic to prevent future blockages and improve system stability.

3. Adjustments to block duration parameters due to increased block frequency
   context:

• Since October, the average number of blocks generated per day has significantly increased due to a reduction in the average block duration to less than ~22 seconds (compared to the previous ~30 seconds).
• This situation necessitates modifying certain parameters to maintain system efficiency.
  Proposed adjustment:
• Redefine the calculation of EMA, which was previously performed every ~2,880 blocks per day, to execute every ~3,927 blocks per day now.
• This adjustment ensures daily processes align with the new block generation rate.
  Reference:
• More details and block statistics can be found at: Rootstock Blockscout Stats.

Benefits of the change

1. Improved user experience:

• The transition to OKU Trade will simplify processes, offering a more intuitive and seamless interaction.

2. Enhanced operational stability:

• Upgrading the ROC Queue to eliminate prolonged blockages will ensure consistent and reliable performance.

3. Adaptability to network changes:

• Adjusting block duration-related parameters, such as the EMA calculation, will allow the protocol to operate efficiently under the new block generation conditions.

4. Protocol optimization:

• With a more efficient MOC Flow and adjusted parameters, the protocol will become more competitive and robust in meeting the ecosystem’s current demands.

Technical procedure to achieve these changes

Warning: some technical/coding knowledge is necessary to fully understand this document.

In order to make all these changes, a Change Contract must be put to a vote in the governance system and after the community reaches consensus, the changes will be executed.

This Change Contract will put these new previously deployed components to work.

Contract	Name	Type	Address ¹
ReverseAuctionUniswapToken	ReverseAuction MOC2BTC-1	Proxy	0x73…17f3
ReverseAuctionUniswapToken	ReverseAuction MOC2BTC-1	Impl.	0xdF…E8e9 ²
ReverseAuctionUniswapToken	ReverseAuction MOC2BTC-2	Proxy	0xbe…393D
ReverseAuctionUniswapToken	ReverseAuction MOC2BTC-2	Impl.	0xdF…E8e9 ²
ReverseAuctionUniswapToken	ReverseAuction BTC2MOC	Proxy	0xc8…D508
ReverseAuctionUniswapToken	ReverseAuction BTC2MOC	Impl.	0xdF…E8e9 ²
ReverseAuctionUniswapToken	ReverseAuction RIF2BTC	Proxy	0x35…F1E0
ReverseAuctionUniswapToken	ReverseAuction RIF2BTC	Impl.	0xdF…E8e9 ²
ReverseAuctionUniswapToken	ReverseAuction BTC2RIF	Proxy	0x2A…5b2f
ReverseAuctionUniswapToken	ReverseAuction BTC2RIF	Impl.	0xdF…E8e9 ²
Unwrapper	Unwrapper	Simple	0x95…188D
UniswapV3OracleUSD	mocFeeTokenPriceProvider	Simple	0x15…A41b
PriceProviderDiv	rocFeeTokenPriceProvider	Simple	0x4f…230f
CommissionSplitterV2	mocCommissionSplitterV2	Proxy	0x60…6E47
CommissionSplitterV2	mocCommissionSplitterV2	Impl.	0x3D…9BeB
CommissionSplitterV3	mocCommissionSplitterV3	Proxy	0x11…B0fD
CommissionSplitterV3	mocCommissionSplitterV3	Impl.	0x16…a019
CommissionSplitter	rocCommissionSplitterV2	Proxy	0x9C…5851
CommissionSplitter	rocCommissionSplitterV2	Impl.	0x4c…31C5
CommissionSplitter	rocCommissionSplitterV3	Proxy	0x6C…f948
CommissionSplitter	rocCommissionSplitterV3	Impl.	0x53…adD1
MocQueue (for ROC)	newQueueImpl (for ROC)	Impl.	0xeA…f4aD

¹ The contract address links point to the verified codes in the RSK explorer.
² The address of all reverse auction implementations are the same because they share the same logic.

List of the simplified steps carried out by the Change Contract

1. Remove the threshold from all old ReverseAuctions.
2. Remove the threshold from old Unwrapper.
3. Fix the output of reverse auction BTC2RIF.
4. Change the old outputs for the new ones in the Buffers.
5. Add the new reverse auctions to the registry.
6. Remove the old reverse auctions from the registry.
7. Change queue implementation.
8. Update ROC Stable V2 setups.
9. Update MOC Stable V1 setups.
10. Set the coiner mint block interval.
11. Set the supporters period using impersonate method.
12. Update MOC Stable V1 block span.
13. Update ROC Stable V2 block span.

The changer contract to vote would be:

Name	Address ¹
FixForOKUQueueBlockTimeChange	0xA4821a85fFeb3f2F51dBCE7bae894E7b8121838A

¹ The contract address links point to the verified codes in the RSK explorer.

The parameters loaded in the change contract

Registry portocol registry address

• registry: 0xCD101a2414256DA8F8E25d7b483b3cf639a71683

All old reverse auctions addresses

• oldReverseAuctions(0): 0xc1cDe1b4434f91c2B4d3eb079D6b04e409FEcb26
• oldReverseAuctions(1): 0x1C913f71D54e11751Da1dA5a027dfCf92b37bd7A
• oldReverseAuctions(2): 0x3A70513735A82BDd2c725A2Bf37cD8b1d1Eb085d
• oldReverseAuctions(3): 0xB64DC1c93573001551f32bC7443452e93A00344f
• oldReverseAuctions(4): 0x728967DD751F5f21bF390eeE66527dBC17bD7E25

All new reverse auctions addresses

• newReverseAuctions(0): 0x73e9DabfcDAE8e50BAF9F6FaDd2F4f8b845E17f3
• newReverseAuctions(1): 0xbe9B273d23A6ED9ca0df098bF70ac79bAD5D393D
• newReverseAuctions(2): 0xc8863d91604A12cE6073cA6A01D00172BB9BD508
• newReverseAuctions(3): 0x3533bd069Ed7dA74C2274869Cd930778e8edF1E0
• newReverseAuctions(4): 0x2Ae2870424E1bad972157c860C9e06f870e15b2f

Old unwrapper address

• oldUnwrapper: 0x768282eD87A4D948E48c4E15C18bF5d91BAFa2ba

New reverse auction BTC2RIF address

• newRevAucWRBtc2Rif: 0x2Ae2870424E1bad972157c860C9e06f870e15b2f

ROC Stable V2 mocRif address

• mocRifStableV2: 0xA27024Ed70035E46dba712609fc2Afa1c97aA36A

Buffers addresses that need to modify their outputs

• buffers(0): 0x09A84d61c1A10f1D5fb3267DFb00D16ca0DaCC30
• buffers(1): 0x7002dD3027947aB98cA3DDC28F93F2450281453A

Old buffers exits

• oldBuffersExit(0): 0x1C913f71D54e11751Da1dA5a027dfCf92b37bd7A
• oldBuffersExit(1): 0x3A70513735A82BDd2c725A2Bf37cD8b1d1Eb085d

New buffers exits

• newBuffersExit(0): 0x73e9DabfcDAE8e50BAF9F6FaDd2F4f8b845E17f3
• newBuffersExit(1): 0xbe9B273d23A6ED9ca0df098bF70ac79bAD5D393D

Queue proxy contract

• queueProxy: 0x9181E99dceace7dFd5f2E7d5126275D54067A9E3

New queue implementation contract

• newQueueImpl: 0xeAcB4ACceaFebE4C5FE9f16a4ae544e4D86bf4aD

New ROC Fee Token price provider address

• rocFeeTokenPriceProvider: 0x4fE0f11966DE88a0F8b489017F52d13D9eC1230f

New splitter for MoCFee collector in ROC

• rocCommissionSplitterV2: 0x9C66296938d849802fFa879A20fdC11B58C55851

New splitter for TCInterest in ROC

• rocCommissionSplitterV3: 0x6C22ff31fbdF725d30F206efFF9f8a2a11fAf948

MocInrate contract

• mocInrate: 0xc0f9B54c41E3d0587Ce0F7540738d8d649b0A3F3

MocState contract

• mocState: 0xb9C42EFc8ec54490a37cA91c423F7285Fa01e257

Moc Commission Splitter V2 contract

• mocCommissionSplitterV2: 0x60cEEf03AA1AA96263e297D220EE4EBc3c6b6E47

Moc Commission Splitter V3 contract

• mocCommissionSplitterV3: 0x114921bcbd5fc34E103494d338cA492B9400B0fD

New MOC Fee Token price provider address

• mocFeeTokenPriceProvider: 0x15956e5F5792a241ACc3c607588626656C01A41b

Coiner address

• coiner: 0x661F7d510cdB40638f5Afd9f9dF8877398500593

Supporters address

• supporters: 0xB1fc9817C4ad3C40562DfF1159732d657831558A

MocSettlement contract

• mocSettlement: 0x609dF03D8a85eAffE376189CA7834D4C35e32F22

A month in blocks

• aMonthInBlocks: 119536

A week in blocks

• aWeekInBlocks: 27489

A day in blocks

• aDayInBlocks: 3927

Updated MOC Flow diagram

[jbokser]

Call to MOC holders: This proposal is being voted on. How to vote Tutorial. Use the new voting site.

Llamado a los MOC holders: Esta propuesta se está votando. Tutorial de cómo votar. Usar el nuevo sitio de voto.

[jbokser]

The voting process is over:

• 22.52% of the MOC tokens total supply participated in the vote.
• 100% of the participants voted in favor.
• No one voted against the proposal.
• The change was successfully implemented

TX ID: 0xa0a9a309b05605ab961fa0fa96a0018c016ee37d32de2b928ad7332db6a194fe

[jbokser]

Addendum

Since the implementation of these changes we have seen changes and adjustments that need to be made.

1. Change the Unisawp/Oku BTC/RIF pool to be used for one with greater liquidity ¹.
2. Fix BTC to MOC reverse auction to also accept basecoin and not just wrBTC.
3. Modify the time weighted average price of the Fee Token Price Providers from 1800s to 120s to be more in line with the activity level.
4. Fix address output of the commission splitters

¹ We have seen that liquidity has migrated to a new pool.

Technical procedure to achieve these changes

Warning: some technical/coding knowledge is necessary to fully understand this document.

In order to make all these changes, a Change Contract must be put to a vote in the governance system and after the community reaches consensus, the changes will be executed.

The changer contract to vote would be:

Name	Address ¹
FixReverseAuctionProposal.sol	0xE326C14ee61C343f701846e17D0d41eBd16aeBf9

¹ The contract address links point to the verified codes in the RSK explorer.

[jbokser]

Call to MOC holders: This proposal is being voted on. How to vote Tutorial. Use the new voting site.

Llamado a los MOC holders: Esta propuesta se está votando. Tutorial de cómo votar. Usar el nuevo sitio de voto.