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update headers / create sccp 2023 (#1626)
* update headers * Update sip-2025.md * Create sccp-2023.md * Update sccp-2023.md
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Original file line number | Diff line number | Diff line change |
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--- | ||
sccp: 2023 | ||
network: Optimism | ||
title: Update Perp Parameters - MaxMarketValue | ||
author: Kaleb (@kaleb-keny) | ||
status: Vote_Pending | ||
created: 2023-07-13 | ||
type: Governance | ||
--- | ||
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# Simple Summary | ||
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This SCCP proposes to double the max market value as per the below: | ||
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| | **Current** | **Proposed** | **Change** | **Proposed in USD** | | ||
|:--------: |:-----------: |:------------: |:----------: |:-------------------: | | ||
| **AVAX** | 80,000 | 160,000 | +8,000 | 2.1M | | ||
| **AAVE** | 5,000 | 10,000 | +5,000 | 750k | | ||
| **BCH** | 6,000 | 12,000 | +6,000 | 3.4M | | ||
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# Abstract | ||
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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. | ||
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# Motivation | ||
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The proposed change in the parameter should allow more trades to materialize on these market which have seen an increase in activity. Note that the parameters are still conservative vis-a-vis the open interest sizes seen on centralized exchanges. | ||
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# Copyright | ||
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Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/). |
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