SCCP-2033: Update Perp Parameters - Update WLD Skew Scale
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Optimism |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2023-08-02 |
Simple Summary
This SCCP proposes to lower the WLD skew scale from 33 million to 20 million.
Abstract
Skew scale is the scaling factor of the relevant market in the underlying currency for computing PD and Funding Rates
Motivation
The main motivation is the recent review of data suggests that slippage is much more pronounced on exchanges and warrant a lower skew scale in order to ensure that delta neutral arbitrages materialize on chain.
Copyright
Copyright and related rights waived via CC0.