SCCP-2056: Update Perps V2 Parameters

Author
StatusImplemented
TypeGovernance
NetworkOptimism
ImplementorTBD
ReleaseTBD
ProposalLoading status...
Created2023-11-06

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.