Raise the bribes

[BreezeRo]

I propose changing the default bribe to 99% to give new operators a better chance at replicating some of this live and understanding how it operates out of the box.

[bertmiller]

Sorry what? I don't understand how that achieves what you're saying 😆

[BreezeRo]

By setting the starting bribe to 50% users are currently more likely to assume that they will need to bid higher than 50% to be competitive which will increase the chances of new users not succeeding as other existing operators push the bribes near 100. I think if the bribe is set to 99% by default new comers will be on nearly same playing field as existing operators running this repo out of the box

[itasli]

Setting 99% on the readme file won't change the config file though

[BreezeRo]

Updated sir

[j6i]

percentageToKeep is this from the perspective of the searcher or the validator? If it's the searcher, I think you just set it to give 1% to the validator.

[BreezeRo]

percentageToKeep is this from the perspective of the searcher or the validator? If it's the searcher, I think you just set it to give 1% to the validator.

The percentageToKeep variable is passed to the executeArbitrage method but that method parameter is titled percentageToPayToCoinbase

uint profitToCoinbase = profit.mul(percentageToPayToCoinbase).div(100);

From my understanding percentageToKeep is the percentage the miner keeps, if this is case the reason it's not a problem out of the box is because if the bribe is 50% there will never be a discrepancy. Perhaps it should be renamed