SCCP-320: Update Perps V3 Parameters
SCCP-320 proposes to update the perps v3 parameters as per the below:
Skew Scale
| Market | Current Scale | Proposed Sclae | Current Slippage | Proposed Slippage | Cex Slippage |
|---|---|---|---|---|---|
| ETH | 500,000 | 350,000 | 1.54 | 2.20 | 1.09 |
| W | 8,750,000 | 26,250,000 | 459.24 | 153.08 | 61.89 |
The Slippage figures above consider a trade of size 500k$
Maker Fee
Lower the maker fee on ETH and BTC to zero from 2 bp
Are you in favor of this decision?
Off-Chain Vote
sYES
8 SNX-SCT100%
iNO
0 SNX-SCT0%
Timeline
Apr 13, 2024Proposal created
Apr 13, 2024Proposal vote started
Apr 20, 2024Proposal vote ended
Apr 20, 2024Proposal updated