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Priority Funding Proposals take precedence over Regular Funding Proposals. To avoid the situation
in which long running PFPs block the BFP process entirely, a limit is placed on how often and
PFP can be updated (‘pinged’). We say a PFP can only be pinged when it is first activated* and
when its LastUpdated time is at least 24 hours old.
The result of this rule is that fast payments are still possible — in such a case the PFP’s rate is set very high and the proposal is fully funded at the initial ping, while also allowing long-term lower-rate PFPs that do not block the entire BFP process.
In this initial update the time elapsed since last update is taken to be 24 hours.
The text was updated successfully, but these errors were encountered:
8.2.13 The 24h waiting period for PFP updates
Priority Funding Proposals take precedence over Regular Funding Proposals. To avoid the situation
in which long running PFPs block the BFP process entirely, a limit is placed on how often and
PFP can be updated (‘pinged’). We say a PFP can only be pinged when it is first activated* and
when its
LastUpdated
time is at least 24 hours old.The result of this rule is that fast payments are still possible — in such a case the PFP’s rate is set very high and the proposal is fully funded at the initial ping, while also allowing long-term lower-rate PFPs that do not block the entire BFP process.
The text was updated successfully, but these errors were encountered: