diff --git a/content/sccp/sccp-2047.md b/content/sccp/sccp-2047.md index 3d9e5ec86..1899ce7e9 100644 --- a/content/sccp/sccp-2047.md +++ b/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 --- diff --git a/content/sccp/sccp-2048.md b/content/sccp/sccp-2048.md new file mode 100644 index 000000000..f3b9626d2 --- /dev/null +++ b/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/). + +