Protocol v1.1 updates go live today. There are 3 specific changes:
1. There are 2 license auctions a day, 12H durations at 50 branches each. There is still a limit of 3 branches per 24H per charter.
2. Faster price curves, auction half life is now 2H.
3. Bid-side only POL. The POL vault used to pair both ETH and token side liquidity. It will now only pair bid side liquidity by buying tokens off the market and sending those tokens to a new protocol owned incentives vault.
All changes have gone through a security review.