Create sccp 2048 (#1706)

* Create sccp-2048.md

* update header

* Update sccp-2048.md

content/sccp/sccp-2047.md

@@ -3,7 +3,9 @@ sccp: 2047
 network: Ethereum
 title: Update 1inch Integration - Fusion Address
 author: Kaleb (@kaleb-keny)
-status: Vote_Pending
+status: Implemented
+proposal: >-
+  https://snapshot.org/#/snxgov.eth/proposal/0xefd2e23f7005fe154d9b7310b43eec23802ea2bd8aa3b34439c6479f5bb14906
 type: Governance
 ---
 

content/sccp/sccp-2048.md

@@ -0,0 +1,34 @@
+---
+sccp: 2048
+network: Optimism
+title: Update Max Market Value
+author: Kaleb (@kaleb-keny)
+status: Vote_Pending
+created: 2023-09-23
+type: Governance
+---
+
+# Simple Summary
+
+This SCCP proposes to increase the max market value on the below:
+
+| **Market** | **Current** | **Proposed** | **Proposed $** | **Change in $** | **Utilization** |
+|:----------:|:-----------:|:------------:|:--------------:|:---------------:|:---------------:|
+|     MKR    |    1,500    |     2,000    |    3,005,340   |     +751,335    |       50%       |
+|     FXS    |    40,000   |    80,000    |     485,137    |     +242,568    |       50%       |
+|     GMX    |    14,000   |    21,000    |     804,780    |     +268,260    |       80%       |
+|     SOL    |   220,000   |    300,000   |    6,089,820   |    +1,623,952   |       65%       |
+
+# Abstract
+
+`maxMarketValue` is the max open interest on one either side of the market denominated underlying currency of that market.
+
+# Motivation
+
+The main motivation is to cater for the increase in open interest and appease the high utilization on those markets.
+
+# Copyright
+
+Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).
+
+