Posted 11/12/2023, 12:02:44 PM
XRPL FixReducedOffersV1 Amendment to Improve Order Book Transparency and Exchange Rate Accuracy
- FixReducedOffersV1 amendment initiates 80% consensus countdown, activating in 2 weeks
- Aims to minimize obscured order books from reduced offers, improving XRPL functionality
- Requires upgrade to rippled v1.12.0+ to avoid disruption as a node provider
- Rounds exchange rates of reduced offers, allowing other matching offers to consume them
- Part of v1.12.0 update in September alongside bug fixes and AMM/Clawback amendments