SCCP-187: Update Open Interest Limits - Increase sGOLD (sXAU)

Author
Matt, Millie, MasterMojo
StatusImplemented
TypeGovernance
NetworkOptimism
ImplementorTBD
ReleaseTBD
ProposalLoading status...
Created2022-04-20

Simple Summary

This SCCP proposes to increase the sGOLD (sXAU) futures market MaxMarketValueUSD to sUSD 2.5 million from sUSD 1 million.

Abstract

The MaxMarketValueUSD is the maximum amount of open interest available for a certain Futures Market.

Motivation

The primary motivation to increase the open interest limit given the increased demand for sGOLD (sXAU) futures.

Copyright and related rights waived via CC0.