TL;DR

• This proposal is for a parameter adjustment for the fast lane
• The original proposal is here: https://gov.bancor.network/t/proposal-improved-value-capture-and-fast-lane-poc/4142
• A previous parameter change is here: https://gov.bancor.network/t/fast-lane-update-and-parameter-adjustment/4215
• This proposal seeks to update the BNT cap (currently set to 100 BNT) to 1,000 BNT

Summary

This is fairly simple and straight forward. Gas on Ethereum spikes to huge prices (especially with the MEME coin excitement).

As a consequence, the cost to a caller in gas is very often more expensive than the 100 BNT reward.

This results in no incentive for anyone to trigger the contract => arbs are not closed => the protocol does not enjoy the benefit.

Proposed Solution

Edit the caller reward cap to 1,000 BNT. This should mean that the system can continue to run even in extreme gas situation.

For

Update the BNT reward cap for the caller to 1,000 BNT

Against

Do nothing.