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revert to 12.5% bondless_maker_allowance default
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AdamISZ committed May 3, 2022
1 parent ed9ff21 commit 0f0d5d8
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4 changes: 2 additions & 2 deletions docs/fidelity-bonds.md
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Expand Up @@ -45,8 +45,8 @@ high enough (or if you think the sybil protection is too expensive then set the
lower, as always its your choice as a taker in the market).

Takers will still choose makers equally (i.e. without taking into account fidelity bonds) with a
small probability. By default this probability is currently 37.5%, so approximately 3-in-8 makers. This can
be changed in the config file with the option `bondless_makers_allowance`. The default is likely to change (reduce) in future, depending on fidelity bond adoption (but again, *it can be changed by the user*!).
small probability. By default this probability is currently 12.5%, so approximately 1-in-8 makers. This can
be changed in the config file with the option `bondless_makers_allowance`.

The previous algorithm for choosing makers without regards to fidelity bonds can still be used by
passing the relevant CLI option when running a script (for example
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2 changes: 1 addition & 1 deletion jmclient/jmclient/configure.py
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Expand Up @@ -94,7 +94,7 @@ def jm_single():

_DEFAULT_INTEREST_RATE = "0.015"

_DEFAULT_BONDLESS_MAKERS_ALLOWANCE = "0.375"
_DEFAULT_BONDLESS_MAKERS_ALLOWANCE = "0.125"

defaultconfig = \
"""
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