Osmosis - IBC Rate Limits
Rate limits allow only a specified net percentage change in the quantity of an asset on Osmosis within a specified time period.
Top 9 coins accounting for TVL
As stated in the proposal, the only tokens with a cap will be the following 9: ATOM, JUNO, CRO, STARS, EVMOS, USDC, DAI, WBTC and ETH. The rate limit will be 30% IN/OUT on a daily basis, or 60% IN/OUT in a 7-day basis. The approach followed in this dashboard is as follows, since there can be many ways of looking at it.
- For a day D and coin X we calculate total amount in Osmosis Y.
- For the same day D we calculate IBC OUT -> Z and IBC IN -> Z'.
- Then, using those values, for a specific day D, percentage of IBC OUT will be (ABS(Z'+Z)/(Y at day D-1))*100, where Z will be negative.
Using that percentage, we can later calculate the moving 7-day total amount in percentage also.
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