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op-deployer: Custom gas price estimator #12239

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merged 4 commits into from
Oct 2, 2024

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mslipper
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@mslipper mslipper commented Oct 2, 2024

Sepolia's fees are super high and extremely volatile right now. As a result, it became difficult for users to deploy new chains using op-deployer. The OPCM's deploy transaction buys most of the gas in the block, and the default gas price estimation logic in the transaction manager wasn't aggressive enough for the transactions to land on chain in a timely manner.

This PR adds the ability to customize the transaction manager with a custom GasPriceEstimator function that returns the tip, base fee, and blob fee. I extracted the original logic in the transaction manager into a default estimator that will be used if one isn't specified. For op-deployer, I built a custom estimator that pads the head block's base fee by 20%, and multiplies the suggested tip by 10. After testing this, I was able to get transactions onto Sepolia reliably. The algorithm is pretty simple and overpays for transactions by a lot, but for op-deployer's use case it's more important that transactions land quickly than it is they be cheap. Deployments are a one-time thing.

Sepolia's fees are super high and extremely volatile right now. As a result, it became difficult for users to deploy new chains using op-deployer. The OPCM's deploy transaction buys most of the gas in the block, and the default gas price estimation logic in the transaction manager wasn't aggressive enough for the transactions to land on chain in a timely manner.

This PR adds the ability to customize the transaction manager with a custom `GasPriceEstimator` function that returns the tip, base fee, and blob fee. I extracted the original logic in the transaction manager into a default estimator that will be used if one isn't specified. For op-deployer, I built a custom estimator that pads the head block's base fee by 20%, and multiplies the suggested tip by 10. After testing this, I was able to get transactions onto Sepolia reliably. The algorithm is pretty simple and overpays for transactions by a lot, but for op-deployer's use case it's more important that transactions land quickly than it is they be cheap. Deployments are a one-time thing.
@mslipper mslipper requested review from a team as code owners October 2, 2024 04:50
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@axelKingsley axelKingsley left a comment

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I like the abstraction, just some comments on naming.

And we could benefit from a test that confirms that the txmgr supports an overloaded estimation function. not sure if there's anything easy to extend for that.

op-service/txmgr/cli.go Outdated Show resolved Hide resolved
op-service/txmgr/txmgr.go Outdated Show resolved Hide resolved
@mslipper mslipper added this pull request to the merge queue Oct 2, 2024
Merged via the queue into develop with commit 1217d4a Oct 2, 2024
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@mslipper mslipper deleted the feat/op-deployer-gas-estimator branch October 2, 2024 16:29
protolambda pushed a commit that referenced this pull request Oct 7, 2024
* op-deployer: Custom gas price estimator

Sepolia's fees are super high and extremely volatile right now. As a result, it became difficult for users to deploy new chains using op-deployer. The OPCM's deploy transaction buys most of the gas in the block, and the default gas price estimation logic in the transaction manager wasn't aggressive enough for the transactions to land on chain in a timely manner.

This PR adds the ability to customize the transaction manager with a custom `GasPriceEstimator` function that returns the tip, base fee, and blob fee. I extracted the original logic in the transaction manager into a default estimator that will be used if one isn't specified. For op-deployer, I built a custom estimator that pads the head block's base fee by 20%, and multiplies the suggested tip by 10. After testing this, I was able to get transactions onto Sepolia reliably. The algorithm is pretty simple and overpays for transactions by a lot, but for op-deployer's use case it's more important that transactions land quickly than it is they be cheap. Deployments are a one-time thing.

* code review updates

* better default support

* specific test for extension
Comment on lines -897 to -898
m.metr.RecordBaseFee(baseFee)
m.metr.RecordTipCap(tip)
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Did you mean to remove these metric updates? RecordTipCap is now unreferenced / dead code.

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Pretty sure this needs to be added back, both metrics.

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deleted metrics should be readded

Comment on lines -897 to -898
m.metr.RecordBaseFee(baseFee)
m.metr.RecordTipCap(tip)
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Pretty sure this needs to be added back, both metrics.

var blobFee *big.Int
if head.ExcessBlobGas != nil {
blobFee = eip4844.CalcBlobFee(*head.ExcessBlobGas)
m.metr.RecordBlobBaseFee(blobFee)
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this metric also needs to be added back.

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4 participants