SCCP-2078: Decrease XMR Perp MaxMarketValue
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Optimism |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2024-02-06 |
Simple Summary
This SCCP proposes to lower the XMR perp v2 MaxMarketValue parameter, from 5,000 to 1,000.
Abstract
maxMarketValue represents the maximum open interest allowed on either the long side or the short side of the perp market.
Motivation
The motivation is because of the recently announced delisting on centralized exchanges, resulting in skew arbitrage being more difficult.
Copyright
Copyright and related rights waived via CC0.