Well, I personally like the FRR (I'm lazy...), it was already changed from its previous iteration and surely can be tweaked even more. I wonder which factors to still use other than the current swaps in use to make it react even faster? Weighted average of the fixed price swaps of just the last 24h? 1h? 12h?

After all, the FRR was already "accelerated" significantly after traders complained that the old calculation (which was something like the last 13 days of FRR + current swap rates or so) went down too slow after a spike in demand, making their positions expensive. Since positions now can be comfortably swap their swaps, maybe a move in the opposite direction could be better? Make FRR react slower again?

I wouldn't mind that much if it were going away, then I'd have to invest a day or so to audit, customize + deploy a bot and that's it.