Gas Improvements Launched for MINT, SWAP, REDEEM & SAVE
By Derek E. Silva
In late October 2020, mStable Lead Developer Alex Scott created two mStable Improvement Proposals (MIPs):
- MIP-3 proposed implementing a cache to reduce the frequency of interactions with lending pools, thereby reducing gas costs in MINT, SWAP and REDEEM by 60–80% for most users.
- MIP-4 proposed more passive methods of collecting lending market yield, reducing SAVE deposit gas costs by approximately 60%.
The mStable genesis team is happy to share that MIPs 3 and 4 were successfully deployed to Ethereum mainnet in late December 2020!
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