SCCP-387: Update Perps V3 Parameters
| Author | |
|---|---|
| Status | Vote_Pending |
| Type | Governance |
| Network | Base |
| Implementor | TBD |
| Release | TBD |
| Created | 2025-01-29 |
Simple Summary
This SCCP proposes to update the perps v3 parameters as per the below:
Max Market Value
| Market | current m$ | proposed m$ | cex m$ |
|---|---|---|---|
| safe | 0.25 | 0.1 | 1.70 |
| bal | 0.50 | 0.1 | 3.40 |
| moodeng | 3.00 | 1 | 17.28 |
Abstract
The parameter descriptions are as follows:
- The
maxMarketValueis the parameter that determines the oi of a given market, specified in US Dollars.
Motivation
The main motivation is to be better align outstanding markets offered on synthetix with the data available available on centralized exchanges.
Copyright
Copyright and related rights waived via CC0.