From 27afeb00c3c4c2ebcde5998a61834de285c67d19 Mon Sep 17 00:00:00 2001 From: kaleb Date: Fri, 13 Oct 2023 12:13:45 +0200 Subject: [PATCH] Create sccp-2052.md --- content/sccp/sccp-2052.md | 28 ++++++++++++++++++++++++++++ 1 file changed, 28 insertions(+) create mode 100644 content/sccp/sccp-2052.md diff --git a/content/sccp/sccp-2052.md b/content/sccp/sccp-2052.md new file mode 100644 index 000000000..db808cd5b --- /dev/null +++ b/content/sccp/sccp-2052.md @@ -0,0 +1,28 @@ +--- +sccp: 2052 +network: Optimism +title: Update Perps V2 Parameters +author: Kaleb (@kaleb-keny) +status: Vote_Pending +created: 2023-10-13 +type: Governance +--- + +# Simple Summary + +This SCCP proposes to increase the ETH Max Market Value from 31,000 ETH to 36,000 ETH (i.e. by 7.5m$ increase). + +# Abstract + +The `MaxMarketValue` is the maximum possible open interest on any given side of a perp market. + +# Motivation + +The main motivation is the high utilization of the ETH perp market which is close of 80% capacity. +It is worth highlighting that the maximum capacity of all the crypto volatile pools is currently around 174m$, compared to a total debt pool size of 115m$. + +# Copyright + +Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/). + +