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Update SCCP-341 #2036

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Jul 15, 2024
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Update SCCP-341 #2036

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5 changes: 3 additions & 2 deletions content/sccp/sccp-341.md
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@@ -1,7 +1,7 @@
---
sccp: 341
network: Base
title: Lower maxMarketValue RNDR to zero
title: Lower maxMarketValue and maxMarketSize RNDR to zero
author: Kaleb (@kaleb-keny)
status: Draft
created: 2024-07-11
Expand All @@ -10,11 +10,12 @@ type: Governance

# Simple Summary

This SCCP proposes to lower the `maxMarketValue` on RNDR to zero (i.e. close mode), given the upcoming token swap.
This SCCP proposes to lower the `maxMarketValue` and `maxMarketSize` on RNDR to zero (i.e. close mode), given the upcoming token swap.

# Abstract

The `maxMarketValue` governs the US Dollar maximum open interest possible for that market.
The `maxMarketSize` governs the maximum open interest denominated in the market's currencyKey.

# Motivation

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