SCCP-2070: Increase BTC Perp Market `maxMarketValue`
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Optimism |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2023-12-15 |
Simple Summary
This SCCP proposes to increase the oi cap on the BTC perp market by 600 BTC, from 1,750 to 2,350 (~99m$)
Abstract
The maxMarketValue is the maximum size of the market (longs/shorts) that can be assumed at any point.
Motivation
The proposed parameter changes are proposed to cater for the increase in open interest utilization on the BTC market.
Copyright
Copyright and related rights waived via CC0.