Actually I'm not sure about FRR-related statements of mine from before anymore.
But I still think FRR should
- adjust upwards faster. It must not happen that FRR is among the lowest offers in the list or even the lowest
- be located at a higher % of the average rate of all swaps (not counting the FRR-swaps themselves). Right now FRR has about 40k below and 500k above it.
- always have a 30 days long swapping period.