SCCP-355: Update Leverage on Spot Synths
| Author | Kaleb |
|---|---|
| Status | Draft |
| Type | Governance |
| Network | Arbitrum |
| Implementor | TBD |
| Release | TBD |
| Created | 2024-10-03 |
Simple Summary
This SCCP proposes to increase the leverage on Spot Synths to 10.
Abstract
The collateralLeverage is the number that helps determine market capacity
Motivation
The parameters were originally configured to be at 1, but given that synths are only used for wrapping underlying and for margining to perps markets. the leverage number can be relaxed at the capacity is handled by the oiCreditCapacity multiplier number on the PerpsMarketProxy.
Copyright
Copyright and related rights waived via CC0.