SCCP-2055: Update Perps V2 Parameters
SCCP-2055 proposes to update the perps v2 parameters as per the below:
Skew Scale
| Market | Current Scale | Proposed Scale | Current Slippage | Proposed Slippage | Cex Slippage |
|---|---|---|---|---|---|
| XRP | 375,000,000 | 187,500,000 | 2 | 4 | 2 |
| APE | 25,000,000 | 20,000,000 | 15 | 19 | 9 |
| BCH | 375,000 | 225,000 | 6 | 10 | 5 |
| XLM | 249,750,000 | 166,500,000 | 16 | 24 | 12 |
| AAVE | 337,500 | 180,000 | 18 | 34 | 16 |
| TRX | 750,000,000 | 430,000,000 | 7 | 12 | 6 |
| DYDX | 22,500,000 | 12,000,000 | 10 | 19 | 12 |
| GMX | 60,000 | 120,000 | 179 | 89.5 | 20 |
| BLUR | 25,500,000 | 50,000,000 | 82 | 41 | 10 |
Slippage in bp per 100k$ trade
Max Market Value
| Market | Current MMV | Proposed MMV | Proposed MMV$ | CEX OI |
|---|---|---|---|---|
| XRP | 3,250,000 | 1,625,000 | 984,068 | 315,352,434 |
| RNDR | 200,000 | 400,000 | 942,883 | 9,612,744 |
Are you in favor of this decision?
Off-Chain Vote
sYES
7 SNX-SCT100%
iNO
0 SNX-SCT0%
Timeline
Nov 02, 2023Proposal created
Nov 02, 2023Proposal vote started
Nov 08, 2023Proposal vote ended
Dec 20, 2024Proposal updated