SCCP-366: Lower the minimum position margin
| Author | Kaleb |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Arbitrum & Base |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2024-11-19 |
Simple Summary
This SCCP proposes to decrease the minimum initial margin on both the base and arbitrum implementations to 15 USD.
Abstract
The minimum position margin was specified during the pre-blob days, when trade settlement spiked for prolonged periods of time. This along with a review of the minimum keeper reward for executing liquidations and settling trades allows us to lower the minimum margin requirements without undue risk on the protocol.
Motivation
The parameter change proposed in this SCCP was requested by one of our partner integrators in order to be able to onboard more traders on Arbitrum and Base.
Copyright
Copyright and related rights waived via CC0.