Setting monitor-all=true in each node's ovsdb causes each ovn-controller to monitor all chassis events, which reduces load on the southbound database at the expense of a bit more CPU and network activity on each node. This increases the ability to scale. See OVN bug https://bugzilla.redhat.com/1808125 for more details.
https://github.com/openshift/ovn-kubernetes/pull/134
Actually, this was for 4.3 and it was decided not to do the rebase for 4.3.