update-status + SCCP 2141 & 2142

content/sccp/sccp-2139.md

@@ -3,7 +3,9 @@ sccp: 2139
 network: Optimism
 title: Create USDe Wrapper
 author: Kaleb (@kaleb-keny)
-status: Vote_Pending
+status: Implemented
+proposal: >-
+ https://snapshot.org/#/snxgov.eth/proposal/0x5e7cf75d134a601387307761637ae1518d597ba3da6f48ea787149ed6ee62d18
 created: 2024-10-29
 type: Governance
 ---

content/sccp/sccp-2141.md

@@ -0,0 +1,36 @@
+---
+sccp: 2141
+network: Optimism
+title: Update Perps V2 Parameters
+author: Kaleb
+status: Vote_Pending
+created: 2024-11-06
+type: Governance
+---
+
+# Simple Summary
+
+This SCCP aims at improving the user experience on Perps V2 with the following changes, matching the configurations on the v3 network:
+- Raise the `skewScale` parameter on the SOL market to 2.8m, from 2.1m
+- Lower the `maxFundingVelocity` on the SOL market to 9 from 36
+- Lower the `maxFundingVelocity` on the ETH and BTC market to 4 from 9
+- Raise the `maxMarketValue` on the SOL market to 550 thousand (100m USD)
+
+# Abstract
+
+The definitions of the parameter being proposed to change are as follows: 
+- `skewScale` is the scaling factor of the relevant market in the underlying currency for computing PD and Funding Rates
+- `maxFundingVelocity` is the main parameter that allows to nudge funding rates
+- `maxMarketValue` is the max market value of the relevant market in the underlying currency
+
+
+# Motivation
+
+The proposed changes are in light of the utilization on the SOL perp market, as well as aligning the funding rate and slippage experience on v3.
+
+
+# Copyright
+
+Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).
+
+

content/sccp/sccp-2142.md

@@ -0,0 +1,31 @@
+---
+sccp: 2142
+network: Ethereum & Optimism
+title: Raise the USDe Wrapper Cap on Optimism
+author: Kaleb
+status: Vote_Pending
+created: 2024-11-06
+type: Governance
+---
+
+# Simple Summary
+
+This SCCP aims at improving the user experience by 
+- Raising the USDe wrapper cap on optimism to 30m from the previously proposed limit of 15m
+- Lowering the caps on all the wrappers on ethereum to 0
+
+# Abstract
+
+The `maxTokenAmount` is the maximum amount of underlying that can be wrapped to mint sUSD.
+
+
+# Motivation
+
+The proposed changes are in light of increased usage of the USDe wrapper on optimism by traders, to acquire synths and get back the underlying. `USDe` being instantly bridgeable via [stargate](https://stargate.finance/) makes the usage  of `USDe` ideal. 
+
+
+# Copyright
+
+Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).
+
+

content/sccp/sccp-359.md

@@ -2,7 +2,7 @@
 sccp: 359
 title: Update Perp Market Parameters - Max Funding Velocity
 network: Arbitrum
-status: Draft
+status: Implemented
 type: Governance
 created: 2024-10-16
 proposal: >-