From ed72c261016c98897737a99135580aea84948cd4 Mon Sep 17 00:00:00 2001 From: kaleb Date: Tue, 1 Aug 2023 08:09:59 +0200 Subject: [PATCH] Create sccp-2031.md --- content/sccp/sccp-2031.md | 29 +++++++++++++++++++++++++++++ 1 file changed, 29 insertions(+) create mode 100644 content/sccp/sccp-2031.md diff --git a/content/sccp/sccp-2031.md b/content/sccp/sccp-2031.md new file mode 100644 index 000000000..0432266c4 --- /dev/null +++ b/content/sccp/sccp-2031.md @@ -0,0 +1,29 @@ +--- +sccp: 2031 +network: Optimism +title: Update Perp Parameters - Increase CRV Max Market Value +author: Kaleb (@kaleb-keny) +status: Vote_Pending +created: 2023-07-31 +proposal: >- + https://snapshot.org/#/snxgov.eth/proposal/0x86549fc07aefb3d8773db6c35c11b6c2452e85ec704321298026fecccf4248c4 +type: Governance +--- + +# Simple Summary + +This SCCP proposes to increase the CRV market's max market value from 1.5m to 3m. + +# Abstract + +The maxMarketValue is the max market value of the relevant market in the underlying currency + +# Motivation + +The main motivation is the recent surge in off chain crv liquidity and [open interest](https://www.binance.com/en/futures/funding-history/perpetual/trading-data), which allows us to increase the limit and remain conservative in our configurations. + +# Copyright + +Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/). + +