SCCP-2056: Update Perps V2 Parameters
| Author | |
|---|---|
| Status | Implemented | 
| Type | Governance | 
| Network | Optimism | 
| Implementor | TBD | 
| Release | TBD | 
| Proposal | Loading status... | 
| Created | 2023-11-06 | 
Simple Summary
This SCCP proposes to increase the max market value of XRP Perps v2 market to 3 million tokens (2.1m$) from 1.625 million tokens (1.1m$).
Abstract
MaxMarketValue is the maximum possible open interest on any given side of a perp market.
Motivation
The proposed parameter changes is due to the high utilization seen on the XRP market.
Copyright
Copyright and related rights waived via CC0.