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zachfc committed Aug 8, 2024
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24 changes: 12 additions & 12 deletions pages/users-governance/reading_new_market_proposal.md
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Expand Up @@ -80,24 +80,24 @@ The following values are visible in a new market proposal.

| Name | Field | Description | Proposer Input |
| ---- | ----- | ----------- | -------------- |
| Reference Price | reference_price | Starting price of an asset on the exchange, should the proposal be accepted. A user proposing a new market should set this based on the current price of the asset. | yes |
| Liquidity Tier | liquidity_tier | The liquidity tier that the asset falls into. A user proposing a new market should set this based on [dYdX liquidity tier guidelines](). | yes |
| Atomic Resolution | atomic_resolution | desc | no |
| Minimum Exchanges | min_exchanges | desc | no |
| Minimum Price Change PPM | min_price_change_ppm | desc | no |
| Exponent | exponent | desc | no |
| Step Base Quantums | step_base_quantums | desc | no |
| Subticks Per Tick | subticks_per_tick | desc | no |
| Quantum Conversion Exponent | quantum_conversion_exponent | desc | no |
| Reference Price | `reference_price` | Starting price of the proposed asset on the exchange. A user proposing a new market should set this based on the price of the asset at the time they create the proposal. | yes |
| Liquidity Tier | `liquidity_tier` | Liquidity tier of the proposed asset. A user proposing a new market should set this based on [dYdX liquidity tier guidelines](../users-governance/functionalities#liquidity-tiers). | yes |
| Atomic Resolution | `atomic_resolution` | Precision of the size of the coin. | no |
| Minimum Exchanges | `min_exchanges` | Number of exchanges required to list this asset. | no |
| Minimum Price Change PPM | `min_price_change_ppm` | The minimum price change that causes the oracle price to update. | no |
| Exponent | `exponent` | Number of decimal places to use to show prices. | no |
| Step Base Quantums | `step_base_quantums` | Minimum amount by which you can increase or decrease an order. Same as `step_size`. | no |
| Subticks Per Tick | `subticks_per_tick` | desc | no |
| Quantum Conversion Exponent | `quantum_conversion_exponent` | Determines the subtick size. | no |

### Derived Values
You can calculate the following values based on values in a new market proposal.

| Name | Field | Description | Equation |
| ----- | -- |----------- | -------- |
| Step Size | x | desc | xy |
| Tick Size | ticksize | desc | xy |
| Minimum Order Size | x | desc | xy |
| Step Size | `stepsize` |Minimum amount by which you can increase or decrease an order. Same as `step_base_quantums`. | xy |
| Tick Size | `ticksize` | desc | subtick_size * subticks_per_tick |
| Minimum Order Size | `min_order_size` | desc | atomic_resolution * step_base_quantums |

## Next Steps
If you are a dYdX Chain user, you can [vote on a proposal](../users-governance/voting.md) or [submit your own](../users-governance/submitting_a_proposal.md).
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