Sccp 332 + Update Headers (#1974)

* Create sccp-332.md * Update sip-314.md * update status to implemented * Update sccp-2111.md
Synthetixio · May 20, 2024 · 0deca86 · 0deca86
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diff --git a/content/sccp/sccp-2111.md b/content/sccp/sccp-2111.md
@@ -9,7 +9,7 @@ author: Kaleb (@kaleb-keny)
 
 ## Simple Summary
 
-The SCCP proposes to implement what was executed in [SCCP-2095](https://sips.synthetix.io/sccp/sccp-2095/) with respect to legacy loans on optimism. This is done by raising the liquidation ratio to the level that loans are open for liquidation, performing the necessary liquidation by repaying the sETH/sUSD borrowed. Excess ETH received back for performing the liquidation is sent to the Treasury Council safe on optimism.
+The SCCP proposes to implement what was executed in [SCCP-2095](https://sips.synthetix.io/sccp/sccp-2095/) with respect to legacy loans on optimism. This is done by raising the interest rate to the level that loans are open for liquidation, performing the necessary liquidation by repaying the sETH/sUSD borrowed. Excess ETH received back for performing the liquidation is sent to the Treasury Council safe on optimism.
 
 # Abstract
 

diff --git a/content/sccp/sccp-331.md b/content/sccp/sccp-331.md
@@ -4,7 +4,9 @@ title: Increase Base USDC LP limit to 100m
 type: Governance
 network: Base
 author: Cavalier
-status: Draft
+status: Implemented
+proposal: >-
+  https://snapshot.org/#/snxgov.eth/proposal/0x32ebd16491ec2dd191ae6f511799966dd69d7503ebafb9dd6c9a03a50494b929
 created: 2024-05-17
 ---
 

diff --git a/content/sccp/sccp-332.md b/content/sccp/sccp-332.md
@@ -0,0 +1,65 @@
+---
+sccp: 332
+network: Base
+title: Update Perps V3 Parameters
+author: Kaleb (@kaleb-keny)
+status: Draft
+type: Governance
+---
+
+# Simple Summary
+
+This SCCP proposes to update the perps v2 parameters as per the below:
+
+## Max Market Value and Max Market Size
+
+| **Market** | **Current MMV** | **Proposed MMV** | **Change MMV** | **Current MMS** | **Proposed MMS** |  **Change MMS** |
+|:----------:|:---------------:|:----------------:|:--------------:|:---------------:|:----------------:|:---------------:|
+|     btc    |      10.00      |       15.00      |      +5.00     |       230       |        400       |       +170      |
+|     eth    |      10.00      |       15.00      |      +5.00     |      5,000      |      10,000      |      +5,000     |
+|     sol    |       3.00      |       5.00       |      +2.00     |      30,000     |      60,000      |     +30,000     |
+|    doge    |       0.50      |       2.00       |      +1.50     |    4,200,000    |    25,000,000    |   +20,800,000   |
+|     bnb    |       0.50      |       2.00       |      +1.50     |      1,200      |       7,000      |      +5,800     |
+|    matic   |       0.50      |       2.00       |      +1.50     |     940,000     |     6,000,000    |    +5,060,000   |
+|    avax    |       0.50      |       2.00       |      +1.50     |      19,000     |      100,000     |     +81,000     |
+|     sui    |       0.25      |       1.00       |      +0.75     |     400,000     |     2,000,000    |    +1,600,000   |
+|     arb    |       0.50      |       1.00       |      +0.50     |     565,000     |     2,000,000    |    +1,435,000   |
+|     wif    |       1.50      |       2.00       |      +0.50     |     750,000     |     1,500,000    |     +750,000    |
+|    ordi    |       0.50      |       1.00       |      +0.50     |      15,000     |      50,000      |     +35,000     |
+|     ftm    |       0.50      |       1.00       |      +0.50     |     965,000     |     2,000,000    |    +1,035,000   |
+|    rune    |       0.50      |       1.00       |      +0.50     |      94,300     |      300,000     |     +205,700    |
+|     axl    |       0.20      |       0.50       |      +0.30     |     200,000     |     1,000,000    |     +800,000    |
+|    ethfi   |       0.20      |       0.50       |      +0.30     |      60,000     |      300,000     |     +240,000    |
+|    arkm    |       0.24      |       0.50       |      +0.26     |     100,000     |      400,000     |     +300,000    |
+|     inj    |       0.25      |       0.50       |      +0.25     |      10,000     |      40,000      |     +30,000     |
+|     stx    |       0.25      |       0.50       |      +0.25     |     200,000     |      500,000     |     +300,000    |
+|     tia    |       0.25      |       0.50       |      +0.25     |     100,000     |      120,000     |     +20,000     |
+|   pendle   |       0.25      |       0.50       |      +0.25     |     100,000     |      200,000     |     +100,000    |
+|     gmx    |       0.25      |       0.50       |      +0.25     |      10,000     |      35,000      |     +25,000     |
+|     tao    |       0.25      |       0.50       |      +0.25     |      2,000      |       3,000      |      +1,000     |
+|    pepe    |       1.50      |       1.50       |        -       | 360,000,000,000 |  360,000,000,000 |        -        |
+|    link    |       1.00      |       1.00       |        -       |     100,000     |      120,000     |     +20,000     |
+|     op     |       1.00      |       1.00       |        -       |     500,000     |      750,000     |     +250,000    |
+|    bonk    |       1.00      |       1.00       |        -       |  55,000,000,000 |  75,000,000,000  | +20,000,000,000 |
+|    gala    |       0.25      |       0.25       |        -       |    20,000,000   |    20,000,000    |        -        |
+|     ton    |       0.25      |       0.25       |        -       |     200,000     |      200,000     |        -        |
+|     ena    |       1.00      |       1.00       |        -       |    1,500,000    |     3,000,000    |    +1,500,000   |
+|    bome    |       0.50      |       0.50       |        -       |    80,000,000   |    90,000,000    |   +10,000,000   |
+|      w     |       0.50      |       0.50       |        -       |    1,400,000    |     2,000,000    |     +600,000    |
+|     snx    |       1.00      |       0.50       |      -0.50     |     500,000     |      500,000     |        -        |
+
+# Abstract
+
+The parameters configurations description is as follows:
+- maxMarketSize is the max market value of the relevant market in the underlying currency
+- maxMarketValue is the max market value of the relevant market in USD
+
+# Motivation
+
+The motivation behind the changes to scale up perps trading on base, as the LP collateral pool size has increased. 
+
+# Copyright
+
+Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).
+
+
diff --git a/content/sips/sip-314.md b/content/sips/sip-314.md
@@ -2,7 +2,7 @@
 sip: 314
 title: V3 fee sharing
 network: Ethereum & Optimism
-status: Draft
+status: Rejected
 type: Governance
 author: cyberduck, ivan, chatGPT
 implementor: n/a
@@ -44,6 +44,8 @@ Pools in Synthetix V3 can be backed by ETH and other types of collateral as vote
 
 One potential solution to incentivize liquidity providers and not devalue holding SNX in Synthetix v3 is to introduce a ratio of how fees are shared. Instead of 100% of fees being shared with liquidity providers, a portion of the fees is to be shared with SNX stakers without the need for them to provide SNX as collateral, allowing SNX stakers to earn fees passively without taking on debt risks. This would help to maintain the demand for SNX and its value, while also providing sufficient rewards to liquidity providers.
 
+Switched to rejected as per authors' request
+
 ### Test Cases
 
 ### Configurable Values (Via SCCP)