SCCP-2057: Update Perps V2 Parameters
SCCP-2057 proposes to update the perps v2 parameters as per the below:
Skew Scale
| Market | Current Scale | Proposed Scale | Current Slippage | Proposed Slippage | Cex Slippage |
|---|---|---|---|---|---|
| ARB | 56 M | 34 M | 8 | 13 | 6 |
| SHIB | 7,500 B | 3,750 B | 7 | 14 | 9 |
Slippage in bp per 100k$ trade
Max Market Value
| Market | Current MV | Proposed MV | Propose MV$ | Cex OI |
|---|---|---|---|---|
| SHIB | 75 B | 212 B | 2,000,000 | 4,245 B |
| AAVE | 20,000 | 31,150 | 3,000,000 | 601,108 |
Off-Chain Vote
sYES
8 SNX-SCT100%
iNO
0 SNX-SCT0%
Timeline
Nov 11, 2023Proposal created
Nov 11, 2023Proposal vote started
Nov 17, 2023Proposal vote ended
Dec 20, 2024Proposal updated