{"componentChunkName":"component---src-pages-sccp-sccp-markdown-remark-frontmatter-sccp-tsx","path":"/sccp/sccp-357/","result":{"data":{"markdownRemark":{"fileAbsolutePath":"/vercel/path0/content/sccp/sccp-357.md","frontmatter":{"sip":null,"sccp":357,"title":"Support New Margins on Perps V3","network":"Base","author":"Kaleb","type":"Governance","proposal":"https://snapshot.org/#/snxgov.eth/proposal/0xc14f719687bfee53b436957bda6d631bc3f1847ce11e3f76945d49d36d46adbd","implementor":null,"release":null,"created":"2024-10-08T00:00:00.000Z","updated":null,"status":"Implemented"},"html":"<h1 id=\"simple-summary\" style=\"position:relative;\"><a href=\"#simple-summary\" aria-label=\"simple summary permalink\" class=\"anchor before\"><svg aria-hidden=\"true\" focusable=\"false\" height=\"16\" version=\"1.1\" viewBox=\"0 0 16 16\" width=\"16\"><path fill-rule=\"evenodd\" d=\"M4 9h1v1H4c-1.5 0-3-1.69-3-3.5S2.55 3 4 3h4c1.45 0 3 1.69 3 3.5 0 1.41-.91 2.72-2 3.25V8.59c.58-.45 1-1.27 1-2.09C10 5.22 8.98 4 8 4H4c-.98 0-2 1.22-2 2.5S3 9 4 9zm9-3h-1v1h1c1 0 2 1.22 2 2.5S13.98 12 13 12H9c-.98 0-2-1.22-2-2.5 0-.83.42-1.64 1-2.09V6.25c-1.09.53-2 1.84-2 3.25C6 11.31 7.55 13 9 13h4c1.45 0 3-1.69 3-3.5S14.5 6 13 6z\"></path></svg></a>Simple Summary</h1>\n<p>This SCCP proposes to add the below margins to Perps V3 Implementation:</p>\n<table>\n<thead>\n<tr>\n<th align=\"center\"><strong>Margin</strong></th>\n<th align=\"center\"><strong>Discount Lower</strong></th>\n<th align=\"center\"><strong>Discount Upper</strong></th>\n<th align=\"center\"><strong>Max Collateral Amount</strong></th>\n<th align=\"center\"><strong>SkewScale</strong></th>\n</tr>\n</thead>\n<tbody>\n<tr>\n<td align=\"center\">cbBTC</td>\n<td align=\"center\">1.00%</td>\n<td align=\"center\">7.50%</td>\n<td align=\"center\">100</td>\n<td align=\"center\">35,000</td>\n</tr>\n<tr>\n<td align=\"center\">cbETH</td>\n<td align=\"center\">1.00%</td>\n<td align=\"center\">10.00%</td>\n<td align=\"center\">1,750</td>\n<td align=\"center\">350,000</td>\n</tr>\n<tr>\n<td align=\"center\">wstETH</td>\n<td align=\"center\">1.00%</td>\n<td align=\"center\">10.00%</td>\n<td align=\"center\">1,750</td>\n<td align=\"center\">350,000</td>\n</tr>\n<tr>\n<td align=\"center\">WETH</td>\n<td align=\"center\">1.00%</td>\n<td align=\"center\">10.00%</td>\n<td align=\"center\">2,500</td>\n<td align=\"center\">350,000</td>\n</tr>\n</tbody>\n</table>\n<ul>\n<li>the <code>discountScalar</code> would be set to 1 for all margins</li>\n<li>the collateral liquidation penalty is 3 bp (collateralLiquidateRewardRatioD18).</li>\n<li>The caps would be set to allow for 3 simultaneous margins and 10 positions in any given account</li>\n<li>The synth representation of the above margins would have a atomic swap fee of 30%, as a disincentive on swapping until <a href=\"https://sips.synthetix.io/sips/sip-406/\">SIP</a> is implemented</li>\n</ul>\n<h1 id=\"motivation\" style=\"position:relative;\"><a href=\"#motivation\" aria-label=\"motivation permalink\" class=\"anchor before\"><svg aria-hidden=\"true\" focusable=\"false\" height=\"16\" version=\"1.1\" viewBox=\"0 0 16 16\" width=\"16\"><path fill-rule=\"evenodd\" d=\"M4 9h1v1H4c-1.5 0-3-1.69-3-3.5S2.55 3 4 3h4c1.45 0 3 1.69 3 3.5 0 1.41-.91 2.72-2 3.25V8.59c.58-.45 1-1.27 1-2.09C10 5.22 8.98 4 8 4H4c-.98 0-2 1.22-2 2.5S3 9 4 9zm9-3h-1v1h1c1 0 2 1.22 2 2.5S13.98 12 13 12H9c-.98 0-2-1.22-2-2.5 0-.83.42-1.64 1-2.09V6.25c-1.09.53-2 1.84-2 3.25C6 11.31 7.55 13 9 13h4c1.45 0 3-1.69 3-3.5S14.5 6 13 6z\"></path></svg></a>Motivation</h1>\n<p>The main motivation is to add more margins on perps v3 base, which was recently deployed as per <a href=\"https://sips.synthetix.io/sips/sip-383/\">SIP-383</a>.</p>\n<h1 id=\"copyright\" style=\"position:relative;\"><a href=\"#copyright\" aria-label=\"copyright permalink\" class=\"anchor before\"><svg aria-hidden=\"true\" focusable=\"false\" height=\"16\" version=\"1.1\" viewBox=\"0 0 16 16\" width=\"16\"><path fill-rule=\"evenodd\" d=\"M4 9h1v1H4c-1.5 0-3-1.69-3-3.5S2.55 3 4 3h4c1.45 0 3 1.69 3 3.5 0 1.41-.91 2.72-2 3.25V8.59c.58-.45 1-1.27 1-2.09C10 5.22 8.98 4 8 4H4c-.98 0-2 1.22-2 2.5S3 9 4 9zm9-3h-1v1h1c1 0 2 1.22 2 2.5S13.98 12 13 12H9c-.98 0-2-1.22-2-2.5 0-.83.42-1.64 1-2.09V6.25c-1.09.53-2 1.84-2 3.25C6 11.31 7.55 13 9 13h4c1.45 0 3-1.69 3-3.5S14.5 6 13 6z\"></path></svg></a>Copyright</h1>\n<p>Copyright and related rights waived via <a href=\"https://creativecommons.org/publicdomain/zero/1.0/\">CC0</a>.</p>"}},"pageContext":{"id":"dc58627b-2165-5898-b671-80cb960f14f6","frontmatter__sccp":357,"__params":{"frontmatter__sccp":"357"}}},"staticQueryHashes":[]}