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Synthetix SCCP/SIPSynthetix SCCP/SIPby0xcd353adc772C45b8c3042E9251170C3fAAc85e3a0xcd35…5e3a

SCCP-335: Update Perps V3 Parameters

Voting ended almost 2 years agoSucceeded

SCCP-335 proposes to update the perps v3 parameters as per the below:

Skew Scale:

Market Current Scale Proposed Scale Current Slippage Proposed Slippage Cex Slippage
WIF 10,000,000 15,000,000 162.59 108.39 27.24

** Slippage figures in the table above are with respect to a trade size of USD 1 million **

Maker Fee

Lower the SOL market maker fee to 0.01 bp from 2 bp

Are you in favor of this decision?

Off-Chain Vote

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

May 27, 2024Proposal created
May 27, 2024Proposal vote started
Jun 07, 2024Proposal vote ended
Jun 07, 2024Proposal updated