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sccp-2038.md

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sccp title network type author status proposal created
2038
Update Perps V2 Parameters
Optimism
Governance
Kaleb (@kaleb-keny)
Implemented
2023-08-18

Simple Summary

This SCCP proposes to update the skew scale parameter as per the below:

SkewScale Existing Proposed Change
sFLOKI 200 billion 120 billion - 80 billion
sINJ 6.275 million 3.8 million - 2.475 million
sYFI 2.5k 1.5k -1k
sWLD 20 million 13 million -7 million
sMKR 60k 48k -12k

Abstract

The skewScale parameter helps determine the premium and discount applied for a given level of skewness in a given market.

Motivation

The proposed proposed changes are recommended in order to align synthetix price impact parameters with those seen on centralized exchanges.

Copyright

Copyright and related rights waived via CC0.