From 30bb787f94f49b57ee1eaaf2f91b8266ede2a9fb Mon Sep 17 00:00:00 2001 From: gunboatsss <92352063+gunboatsss@users.noreply.github.com> Date: Sat, 1 Jul 2023 00:14:54 +0700 Subject: [PATCH] create sip 2024 (#1617) --- content/sips/sip-2024.md | 102 +++++++++++++++++++++++++++++++++++++++ 1 file changed, 102 insertions(+) create mode 100644 content/sips/sip-2024.md diff --git a/content/sips/sip-2024.md b/content/sips/sip-2024.md new file mode 100644 index 000000000..d30830abf --- /dev/null +++ b/content/sips/sip-2024.md @@ -0,0 +1,102 @@ +--- +sip: 2024 +title: Add MAV, ETC and COMP to Perps V2 +network: Optimism +status: Draft +type: Governance +author: GUNBOATs (@gunboatsss) +implementor: TBD +implementation-date: +created: 2023-06-30 +--- + + + + + +## Simple Summary + + + +Add Maverick, Ethereum Classic and Compound Token and as markets under Perps V2 + +## Abstract + + + +This is proposal to offer MAV, ETC, COMP futures which tracks the price of respective cryptocurrency. + +## Motivation + + + +Adding those token allows Synthetix to offers more assets for onboarding more traders. + +## Specification + + +Data was obtained on June 30 via Coingecko from following exchange: Binance, OKX, dYdX, Phermex, Kucoin and Huobi. + +| Symbol | Trading Volume (USD) | Binance | OKX | dYdX | Phermex | Kucoin | Huobi | +|--------|----------------------|---------|-----|------|---------|--------|-------| +| ETC | 922,745,821.1 | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | +| MAV | 390,476,668.54 | ✅ | ❎ | ❎ | ❎ | ✅ | ❎ | +| COMP | 1,386,784,509.12 | ✅ | ✅ | ✅ | ❎ | ✅ | ❎ | + + +### Rationale + + + +- Maverick is new token and has been listed on Binance Futures +- Ethereum Classic recently has high trading volume recently +- Compound Token is not traded on Optimism and recently has high trading volume from Superstate news + +### Technical Specification + + + +Implementation requires implementing off-chain oracle price feeds from Pyth Network and backup on-chain oracles from Chainlink. + +Configurable values (read below) will be set in a subsequent SCCP for each market. + +### Test Cases + + + +N/A + +### Configurable Values (Via SCCP) + + + +All Perps V2 configurable values will be set in subsequent SCCPS for each market. + + "makerFee": "", + "takerFee": "", + "takerFeeDelayedOrder": "", + "makerFeeDelayedOrder": "", + "takerFeeOffchainDelayedOrder": "", + "makerFeeOffchainDelayedOrder": "", + "maxLeverage": "", + "maxMarketValue": "", + "maxFundingVelocity": "", + "skewScale": "", + + "nextPriceConfirmWindow": "", + "delayedOrderConfirmWindow": "", + "minDelayTimeDelta": "", + "maxDelayTimeDelta": "", + "offchainDelayedOrderMinAge": "", + "offchainDelayedOrderMaxAge": "", + "offchainPriceDivergence": "", + +## Copyright + +Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).