-
Notifications
You must be signed in to change notification settings - Fork 220
Commit
This commit does not belong to any branch on this repository, and may belong to a fork outside of the repository.
* update headers * Create sccp-2019.md * Create sccp-2020.md * Create sccp-2021.md * Update sccp-2019.md * Update sccp-2020.md * Update sccp-2020.md * update header
- Loading branch information
1 parent
2ae2ea6
commit 5a8b455
Showing
13 changed files
with
104 additions
and
14 deletions.
There are no files selected for viewing
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
Original file line number | Diff line number | Diff line change |
---|---|---|
@@ -0,0 +1,27 @@ | ||
--- | ||
sccp: 2019 | ||
network: Optimism | ||
title: Update Perp Parameters - Offchain Maker Fee | ||
author: Kaleb (@kaleb-keny) | ||
status: Vote_Pending | ||
created: 2023-07-10 | ||
type: Governance | ||
--- | ||
|
||
# Simple Summary | ||
|
||
This SCCP proposes to lower the maker fee for offchain trades on FTM and BCH markets to zero from 2 bp. | ||
|
||
# Abstract | ||
|
||
The parameter description is as follows: | ||
- The maker offchain delayed order fee is the fee charged in order to derisk the debt pool from an imbalanced skew. | ||
|
||
# Motivation | ||
|
||
As can be seen for the [BCH](https://dune.com/queries/2694676/4482559?asset_t6c1ea=BCH) and [FTM](https://dune.com/queries/2694676/4482559?asset_t6c1ea=FTM) remain imbalanced for longer period of time when compared to the more liquid ETH and BTC markets. This SCCP will allow us to understand the elasticity of demand for arbitrages when faced with no potential upfront fees for executing trades that derisk the debt pool. | ||
|
||
|
||
# Copyright | ||
|
||
Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/). |
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
Original file line number | Diff line number | Diff line change |
---|---|---|
@@ -0,0 +1,26 @@ | ||
--- | ||
sccp: 2020 | ||
network: Optimism | ||
title: Update Perp Parameters - offchainDelayedOrderMinAge | ||
author: Kaleb (@kaleb-keny) | ||
status: Vote_Pending | ||
created: 2023-07-10 | ||
type: Governance | ||
--- | ||
|
||
# Simple Summary | ||
|
||
This SCCP proposes to lower `offchainDelayedOrderMinAge` to 2 seconds for all markets | ||
|
||
# Abstract | ||
|
||
The parameter description is as follows: | ||
- The `offchainDelayedOrderMinAge` is the minimum amount of time that should elapse after the intent transaction, in order for a pyth price to be viable for execution. | ||
|
||
# Motivation | ||
|
||
The change in the parameter should improve the overall user experience of traders and arbitrageurs. Note that the pyth price freshness is assured by the delayed order execution logic Therefore, there is no additional taken on by the debt pool from this parameter change. | ||
|
||
# Copyright | ||
|
||
Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/). |
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
Original file line number | Diff line number | Diff line change |
---|---|---|
@@ -0,0 +1,26 @@ | ||
--- | ||
sccp: 2021 | ||
network: Optimism | ||
title: Update Perp Parameters - FTM Market | ||
author: Kaleb (@kaleb-keny) | ||
status: Vote_Pending | ||
created: 2023-07-10 | ||
type: Governance | ||
--- | ||
|
||
# Simple Summary | ||
|
||
This SCCP proposes to increase the `maxMarketValue` of the FTM market from 3 million to 6 million (1.5m$). | ||
|
||
# Abstract | ||
|
||
The parameter description is as follows: | ||
- The `maxMarketValue` is the maximum potential size of a given perp market on either the long or short side. | ||
|
||
# Motivation | ||
|
||
The proposed change in the parameter should allow more trades to materialize on this market which has seen an increase in activity. Note that the parameters are still conservative vis-a-vis the open interest sizes seen on centralized exchanges (>25m$). | ||
|
||
# Copyright | ||
|
||
Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/). |
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
5a8b455
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
Successfully deployed to the following URLs:
sips – ./
synthetixio-github-io.vercel.app
sips.synthetix.io
sips-git-master-synthetixio.vercel.app
sips-synthetixio.vercel.app