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update sccp
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kaleb-keny committed Aug 6, 2024
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12 changes: 7 additions & 5 deletions content/sccp/sccp-346.md → content/sccp/sccp-347.md
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---
sccp: 346
sccp: 347
title: Deploy Multicollateral Perps Arbitrum
network: Arbitrum
status: Draft
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## Assymetric Interest Rate:
The assymetric interest rate parameters would be disabled by setting the relevant parameters to zero.

## Keeper Parameters:

It is important to mention that markets would be launched with 0 caps on the sizes and would be raised once a integrator gives the green light on their readiness to provide an interface for traders.


## Account Caps:
Accounts would be set to allow for 3 collaterals and 10 simultaneous positions
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| wBTC | 75 |
| USDC | 10,000,000 |


# Abstract

The parameters configurations description is as follows:
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The main motivation is to launch perps v3 on arbitrum as specified in [SIP-367](https://sips.synthetix.io/sips/sip-367/).

## Release notes:

Markets would be launched to mainnet with 0 caps on position sizes and would be raised once a integrator gives the green light on their readiness to provide an interface for traders.
Furthermore, the wETH and wBTC caps would be set to zero initially upon release and raised after the necessary fork tests are performed that ensure that liquidation rewards from the wETH and wBTC margins are distributed fairly on all LP's that provide liquidity.

# Copyright
Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).

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