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Update min_price_change_ppm for long tail markets (#234)
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shrenujb authored Jul 8, 2024
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4 changes: 2 additions & 2 deletions pages/users-governance/proposing_a_new_market.md
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Expand Up @@ -52,7 +52,7 @@ The following decribes how to set various parameters for a new market and assume
| ---------------------------- | ----------------------------- | -------------------------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------ |
| `MsgCreateOracleMarket` | `exponent` | Denotes the number of decimals a value should be shifted in the price daemon | `p-9` |
| `MsgCreateOracleMarket` | `min_exchanges` | Used for an index price to be valid. | `3` |
| `MsgCreateOracleMarket` | `min_price_change_ppm` | The minimum amount the index price has to change for an oracle price update to be valid. | Liquidity Tier 0: `1000` <br> Liquidity Tier 1: `2500` <br> Liquidity Tier 2: `4000` |
| `MsgCreateOracleMarket` | `min_price_change_ppm` | The minimum amount the index price has to change for an oracle price update to be valid. | Liquidity Tier 0: `1000` <br> Liquidity Tier 1: `2500` <br> Liquidity Tier 2: `800` |
| `MsgCreateOracleMarket` | `exchange_config_json` | Spot exchange query configuration for the oracle price | See [below](./proposing_a_new_market.md#Choosing-oracle-sources) |
| `MsgCreatePerpetual` | `atomic_resolution` | L the exponent for converting an atomic amount (`size = 1`) to a full coin. | `-6 - p` |
| `MsgCreatePerpetual` | `default_funding_ppm` | The default funding payment if there is no price premium. In parts-per-million. | `0` |
Expand Down Expand Up @@ -257,4 +257,4 @@ jurisdiction. The information on this page does not constitute and should not be
investment, legal, or any other form of professional advice. This page does not recommend
any specific market, and analyzes only compatibility and functionality from a technical
standpoint. Use of the v4 software is prohibited in the United States, Canada, and
sanctioned jurisdictions as described in the [v4 Terms of Use](https://dydx.exchange/v4-terms).
sanctioned jurisdictions as described in the [v4 Terms of Use](https://dydx.exchange/v4-terms).

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