SCCP-2104: Lower Oi Caps on FET on Perps V2
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Optimism |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2024-04-22 |
Simple Summary
This SCCP proposes switch the FET market on perps v2 to close only, by setting the open interest caps, maxMarketValue, to zero.
Abstract
maxMarketValue sets the open interest cap (longs & shorts) on the given market.
Motivation
The primary motivation is because of the looming uncertainty with regards to the price of the token, given an anticipated token merge.
Copyright
Copyright and related rights waived via CC0.