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sccp network title author status proposal created type
2056
Optimism
Update Perps V2 Parameters
Kaleb (@kaleb-keny)
Implemented
2023-11-06
Governance

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.