SCCP-397: Lower OI on KAITO Perp Market
| Author | Kaleb |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Base |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2025-03-05 |
Simple Summary
Lower the maxMarketValue on the KAITO perp market to 200k from 1.5m.
Abstract
maxMarketValue is the maximum open interest allowed on a given perp market, denominated in snxUSD, the protocols' native currency.
Motivation
Based on the latest market data and the volatility of the token, it is recommended to lower the oi on this market while keeping some room for traders to take on positions.
Copyright
Copyright and related rights waived via CC0.