Following the overwhelming approval of STP.07 on Songbird, it is now time for the community to vote on the implementation of FTSO fast updates on Flare.

The Songbird community approved FTSO fast updates with almost 99% of votes in favour. Implementation will now commence.

Every 90 seconds, the FTSO system defines an anchor value for all data feeds. This is a highly decentralized and secure process in which all 100 independent data providers participate. With fast updates, additional stream values will be provided every 1-2 seconds by randomly selected data providers. Each block, the selected data providers confirm whether the stream value for each data feed should increase, decrease or stay the same as the previous stream value.

90秒のアンカー値と同様に、これらのストリーム値はネットワーク上のビルダーに無料で提供される。よりボラティリティの高いアセットや期間については、Dappsは高速アップデートの感度を高めるために料金を支払うこともできる。これは、ブロックごとにフィードに更新を提供するデータプロバイダーの数を増やし、ストリーム値を変更できる増分を増やすことで実現できる。

Read more about the potential updates in the FIP.07 governance proposal. Voting on Flare will commence in the middle of next week. Ensure your FLR is wrapped before Monday to participate.