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Synthetix SCCP/SIPSynthetix SCCP/SIPby0xcd353adc772C45b8c3042E9251170C3fAAc85e3a0xcd35…5e3a

SCCP-2116: Update Perps V2 Parameters

Voting ended almost 2 years agoSucceeded

SCCP-2116 proposes to update the perps v2 parameters as per the below:

Skew Scale:

Market Current Scale Proposed Scale Current Slippage Proposed Slippage Cex Slippage
PYTH 14,437,500 35,000,000 391.00 161.29 36
WLD 3,250,000 9,750,000 168.00 56.00 18

** Slippage figures in the table above are with respect to a trade size of USD 500 thousand **

Update Endorsed Liquidator Parameters

Update the maxLiquidationDelta of and maxPD of the SOL perp market to 8.01 bp and 16.02 bp, respectively.

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