SCCP-250: Update Open Interest Limits
| Author | Synthquest |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Optimism |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2022-11-23 |
Simple Summary
This SCCP proposes to increase the MaxMarketValueUSD on futures markets to the following:
- On LINK to 4 million USD
Abstract
The MaxMarketValueUSD is the maximum amount of open interest available for a certain Futures Market.
Motivation
The primary motivation to increase the open interest limit given the increased demand for LINK tokens & futures.
Copyright
Copyright and related rights waived via CC0.