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sccp-2070.md

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sccp network title proposal author status created type
2070
Optimism
Increase BTC Perp Market `maxMarketValue`
Kaleb (@kaleb-keny)
Implemented
2023-12-15
Governance

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.