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noisekit committed Apr 7, 2024
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10 changes: 5 additions & 5 deletions content/sccp/sccp-319.md
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---
sccp: 319
title: Increase Base LP limit to 20m USDC
title: Increase Base LP limit to 21.92m USDC
type: Governance
network: Base
author: Noisekit
Expand All @@ -14,15 +14,15 @@ created: 2024-02-15

<!--"If you can't explain it simply, you don't understand it well enough." Provide a simplified and layman-accessible explanation of the SCCP.-->

Increase the maximum amount of liquidity that can be provided to Base Andromeda to 20m USDC.
Increase the maximum amount of liquidity that can be provided to Base Andromeda to 21.92m USDC.

## Abstract

<!--A short (~200 word) description of the variable change proposed.-->
Increase maximum USDC LP cap from $10m to $20m by setting
Increase maximum USDC LP cap from $10m to $21.92m by setting

- `system.CoreProxy.configureMaximumMarketCollateral(uint128 marketId,address collateralType,uint256 amount)` = [1, 0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913, 20000000000000000000000000]
- `spotFactory.SpotMarketProxy.setWrapper(uint128 marketId,address wrapCollateralType,uint256 maxWrappableAmount)` = [1, 0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913, 20000000000000000000000000]
- `system.CoreProxy.configureMaximumMarketCollateral(uint128 marketId,address collateralType,uint256 amount)` = [1, 0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913, 21920000000000000000000000]
- `spotFactory.SpotMarketProxy.setWrapper(uint128 marketId,address wrapCollateralType,uint256 maxWrappableAmount)` = [1, 0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913, 21920000000000000000000000]


## Motivation
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