diff --git a/content/sccp/sccp-2045.md b/content/sccp/sccp-2045.md index df6b6e050..d546b0c4e 100644 --- a/content/sccp/sccp-2045.md +++ b/content/sccp/sccp-2045.md @@ -3,7 +3,9 @@ sccp: 2045 network: Optimism title: Update Skew Scale Parameters author: Kaleb (@kaleb-keny) -status: Draft +status: Implemented +proposal: >- + https://snapshot.org/#/snxgov.eth/proposal/0xd1443eb4e051df817f9242e0a4e7e5a512a110d6a12dfba785c95e0a24d60723 created: 2023-09-21 type: Governance --- diff --git a/content/sccp/sccp-2046.md b/content/sccp/sccp-2046.md new file mode 100644 index 000000000..931f926af --- /dev/null +++ b/content/sccp/sccp-2046.md @@ -0,0 +1,32 @@ +--- +sccp: 2046 +network: Optimism +title: Update Max Market Value - GMX / LDO +author: Kaleb (@kaleb-keny) +status: Draft +created: 2023-09-23 +type: Governance +--- + +# Simple Summary + +This SCCP proposes to double the max market value of GMX and LDO: + +| **Market** | **Current** | **Proposed** | **Proposed $** | **CEX OI** | +|:----------:|:-----------:|:------------:|:--------------:|:----------:| +| LDO | 200,000 | 400,000 | 592,671 | 12,000,000 | +| GMX | 7,000 | 14,000 | 484,400 | 200,000 | + +# Abstract + +`maxMarketValue` is the max open interest on one either side of the market denominated underlying currency of that market. + +# Motivation + +The main motivation is to cater for the increase in open interest and appease the high utilization (> 90%) on those markets. + +# Copyright + +Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/). + +