SCCP-349: Perps V3 - Deprecate MATIC Market

Author
StatusDraft
TypeGovernance
NetworkBase
ImplementorTBD
ReleaseTBD
Created2024-08-29

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.