SCCP-184: Update Open Interest Limits
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Optimism |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2022-04-14 |
Simple Summary
This SCCP proposes to increase the sETH futures market MaxMarketValueUSD to sUSD 15 million from sUSD 7 million.
Abstract
The MaxMarketValueUSD is the maximum amount of open interest available for a certain Futures Market.
Motivation
The primary motivation to increase the open interest limit gradually until dynamic fees are calibrated well enough to offset the oracle latency gap.
Copyright
Copyright and related rights waived via CC0.