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Synthetix SCCP/SIPSynthetix SCCP/SIPby0x9E988BF30fa85c5ee2CEac5c13C95357CD35d0F3GovVote

SCCP-2050: Update Perps V2 Parameters

Voting ended over 2 years agoSucceeded

This SCCP proposes to update the RUNE and GMX market parameters as per the below:

Max Market Value Current Proposed Proposed $ CEX OI in $
GMX 21,000 27,720 1.00 M 8 M
RUNE 400,000 800,000 1.35 M 15 M
Skew Scale Current Proposed Slippage Per M$ CEX Slippage Per M$
GMX 112,500 60,000 2,314 bp 1,085 bp
RUNE 25,500,000 12,750,000 233 bp 60 bp

Are you in favor of this decision?

Off-Chain Vote

sYES
7 SNX-SCT100%
iNO
0 SNX-SCT0%
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Timeline

Oct 11, 2023Proposal created
Oct 11, 2023Proposal vote started
Oct 17, 2023Proposal vote ended
Dec 20, 2024Proposal updated