SCCP-236: Update Futures Markets Parameters
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Optimism |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2022-09-20 |
Simple Summary
This SCCP proposes to update the futures markets max open interest as per the below:
| CurrencyKey | Proposed OI $M | Current OI $M | 1% Slippage |
|---|---|---|---|
| sMATIC | 2 | 3 | 2.9 |
| sAVAX | 2 | 3 | 2.6 |
| sLINK | 2 | 3 | 2.55 |
| sAPE | 1 | 2 | 1.6 |
Abstract
The maxMarketValueUSD is the maximum amount of open interest allowed on each side of a market.
Motivation
The primary motivation is to state of liquidity of these assets that can reduce significantly during weekends and times of low market activity.
Copyright
Copyright and related rights waived via CC0.