SCCP-326: Update Perps V3 Parameters
SCCP-326 proposes to updates the below parameters, pertaining to Perps V3:
lockedOiRatio
| ticker | Existing | Proposed |
|---|---|---|
| eth | 0.5 | 0.25 |
| btc | 0.5 | 0.25 |
Max Market Value and Max Market Size
| ticker | Current MMV M$ | Proposed MMV $M | Current MMS | New MMS |
|---|---|---|---|---|
| btc | 5.0 | 10.00 | 149 | 230 |
| eth | 7.0 | 10.00 | 2,777 | 5,000 |
| sol | 0.5 | 3.00 | 5,000 | 30,000 |
| snx | 0.5 | 1.00 | 127,000 | 500,000 |
Skew Scale
| Ticker | Current Parameter | New Parameter | Current Slippage | Proposed Slippage | Cex |
|---|---|---|---|---|---|
| BTC | 50,000 | 35,000 | 0.75 | 1.07 | 0.50 |
| RUNE | 2,000,000 | 3,000,000 | 215 | 145 | 35 |
Are you in favor of this decision?
Off-Chain Vote
sYES
8 SNX-SCT100%
iNO
0 SNX-SCT0%
Timeline
Apr 22, 2024Proposal created
Apr 22, 2024Proposal vote started
May 01, 2024Proposal vote ended
May 01, 2024Proposal updated