SCCP-2108: Lower Oi Cap On Perps V2 Markets
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Optimism |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2024-05-14 |
Simple Summary
This SCCP proposes to lower the oi cap on CVX, XTZ and APE markets to zero. The SCCP also proposes to deprecate these markets once SIP-2051 is implemented on the 31'st of July.
Abstract
maxMarketValue sets the open interest cap (longs & shorts) on the given market.
Motivation
The primary motivation is the decrease in perp liquidity on centralized exchanges, as support is being dropped on these markets in particular due to the lack of trading activity.
References
Copyright
Copyright and related rights waived via CC0.