SCCP-2030: Update Perp Parameters
SCCP-2030 proposes the below configuration changes:
| Market | Current OI | Proposed OI |
|---|---|---|
| sETH | 20,000 | 27,000 |
| sSTETH | 3,000 | 1,500 |
| sDOGE | 70,000,000 | 50,000,000 |
| sBNB | 40,000 | 20,000 |
| sCRV | 2,000,000 | 3,000,000 |
| sXRP | 10,000,000 | 4,250,000 |
| sLTC | 45,000 | 32,000 |
Skew Scale
| currency | Current Scale | Proposed Scale |
|---|---|---|
| sBNB | 750,000 | 850,000 |
| sXRP | 300,000,000 | 500,000,000 |
| sLTC | 1,650,000 | 2,250,000 |
| sSOL | 6,000,000 | 7,500,000 |
| sADA | 290,000,000 | 400,000,000 |
| sMATIC | 125,000,000 | 200,000,000 |
offchain Maker Fee
Increase the offchain maker fee on FTM and BCH back to 2 bp from 0 bp currently (undoing SCCP-2019)
Max Funding Velocity
Increase the maxFundingVelocity to 36 on the following sSTETH, sINJ, sFLOKI, sPEPE, sTRX, sDOT, sATOM, sARB, sDOGE, sLINK, sAXS, sUNI, sLDO, sBLUR, sSHIB, sAVAX, sBNB, sCRV, sOP, sLTC, sAPT, sDYDX, sSOL, sSUI, sFIL, sADA, sAPE, sNEAR, sAAVE, sMATIC, sGMX, sFLOW, sETHBTC, sYFI, sMKR, sCOMP, sXMR, sMAV, sBCH, sRPL, sETC, sXRP and sFTM.
Are you in favor of this decision?
Off-Chain Vote
sYES
6 SNX-SCT100%
iNO
0 SNX-SCT0%
Timeline
Jul 31, 2023Proposal created
Jul 31, 2023Proposal vote started
Aug 04, 2023Proposal vote ended
Dec 20, 2024Proposal updated