SCCP-181: Unpause Futures Markets

Author
StatusImplemented
TypeGovernance
NetworkOptimism
ImplementorTBD
ReleaseTBD
ProposalLoading status...
Created2022-04-08

Simple Summary

This SCCP proposes to unpause the EUR, XAU and XAG Futures Markets.

Abstract

SIP-217 implemented these markets but they were launched as paused. This SCCP proposes to unpause these markets.

Motivation

The primary motivation is to launch these markets for trading with parameter configurations that offset latency, the proposed parameters at launch are as follows:

  • makerFee: 15 bp
  • takeFee: 15 bp
  • maxMarketValueUSD : 1m$
  • takerFeeNextPrice: 10 bp
  • makerFeeNextPrice: 10 bp
  • maxFundingRate: 10%
  • skewScaleUSD: 100m

Copyright and related rights waived via CC0.