SCCP-238: Increase BTC Futures Market Open Interest
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Optimism |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2022-10-05 |
Simple Summary
This SCCP proposes to increase the maxMarketValueUSD on the BTC futures market to 10m sUSD from 5m sUSD.
Abstract
The maxMarketValueUSD is the maximum amount of open interest allowed on each side of a market.
Motivation
The primary motivation is the increase in oi utilization, which currently stands at around 90%.
Copyright
Copyright and related rights waived via CC0.