Title
VNP-001 & VNP-002: Remove asset & market restrictions:
Description
Summary
It is proposed to change the below two parameters:
VNP-001: limits.assets.proposeEnabledFrom
- Current = 2100-12-30T00:00:00Z
- Proposed = 2023-05-10T20:00:00Z
VNP-002: limits.markets.proposeEnabledFrom
- Current = 2100-12-30T00:00:00Z
- Proposed = 2023-05-10T20:00:00Z
Proposal is set to enact at 7:30pm UTC on the 10th, and restrictions will be removed from 8pm the same day as above.
NB. Since both changes are required to enable trading they are included here under a single forum post. Generally speaking it is expected that one post will be made per proposal, but in this case the two changes are inherently linked and share the same rationale.
Rationale
These parameters prevent the addition of new assets to the Vega <> Ethereum bridge, and the creation of markets on the Vega mainnet. They ensured that the launch of markets (and therefore trading) on the network would only be possible after the validators and community had agreed that the code and network were ready.
The following points demonstrate the readiness of the network for trading:
-
The protocol is now functionally complete as per the scope defined for Alpha Mainnet and the validators have conducted deployment today Tuesday 9th May
-
The protocol has now been extensively tested, with no remaining high priority bugs.
-
The protocol has been through 4 iterations of the Mainnet Sims at increasing levels of realism:
a. Sim 1 & 2: Full week of trading on internally run Fairground testnet using internally run market maker bots
b. Sim 3: Full week of trading on validator run testnet using external market maker strategies and internally-run datanodes
c. Sim 4; Full week of trading on validator testnet using external market maker strategies and exclusively validator-run datanodes
On-Chain Proposals
VNP-001
VNP-002
