SCCP-349: Perps V3 - Deprecate MATIC Market
Author | |
---|---|
Status | Draft |
Type | Governance |
Network | Base |
Implementor | TBD |
Release | TBD |
Created | 2024-08-29 |
Simple Summary
This SCCP proposes to lower the maxMarketValue
and maxMarketSize
parameters to zero on the MATIC market because of the token swap and as per oracle providers' recommendations.
Furthermore, the price feed will be switched to the POL price feed, once it becomes available, to allow traders to close their positions.
Abstract
maxMarketValue
and maxMarketSize
parameters determine the maximum open interest on the market, setting these parameters to zero effectively sets the market to close only.
Motivation
The proposed change is in light of the recent token swap.
Copyright
Copyright and related rights waived via CC0.