SCCP-2074: Lower maxMarketValue on UMAP Perp
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Optimism |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2024-01-19 |
Simple Summary
This SCCP proposes to decrease the maxMarketValue on UMA perp market to zero.
Abstract
maxMarketValue refer to the maximum open interest allowed on either side of the market.
Motivation
The proposed parameter changes is due to the unreliability of hedging markets in balancing out the skew on the UMA perp market.
Copyright
Copyright and related rights waived via CC0.