TIP-106: Increase buyback frequency

id	Title	Status	Author	Description	Discussions to	Created
TIP-106	Increase Thales Token Buyback Frequency	Vote Pending	Danijel	This TIP proposes to update parameters in order to increase Thales token buyback frequency	https://discord.gg/8bzFdpGTrp	2022-11-21

Simple Summary

This TIP proposes to increase buyback frequency

Abstract

Increase buyback frequency

Motivation

Having closely watched our SafeBox fees frequency last few weeks and considering the spike in Overtime volume with the parlays release and World Cup campaing, I am comfortable we can increase our buyback daily rate from $1200 to $1500 while still maintaining the unwritten rule that I cling to which is 100 days of buybacks runway ensured.

Specification

Update variable sTickLength from "6h" to "4.8h"

Rationale

N/A

Test Cases

N/A

Implementation

N/A

Copyright

Copyright and related rights waived via CC0.