SCCP-2056: Update Perps V2 Parameters
Author | |
---|---|
Status | Implemented |
Type | Governance |
Network | Optimism |
Implementor | TBD |
Release | TBD |
Proposal | Loading status... |
Created | 2023-11-06 |
Simple Summary
This SCCP proposes to increase the max market value of XRP Perps v2 market to 3 million tokens (2.1m$) from 1.625 million tokens (1.1m$).
Abstract
MaxMarketValue
is the maximum possible open interest on any given side of a perp market.
Motivation
The proposed parameter changes is due to the high utilization seen on the XRP market.
Copyright
Copyright and related rights waived via CC0.