👽Pre-launch perps

The prelaunch funding model differs from regular products in how the index is provided. Rather than an oracle, it is computed. The other parts of the model are the same apart from the following constant values.

  • FundingInterval set to 24 hours

  • Clamp set to 0.005 = 0.5%

  • BaseRate set to 0.00025 = 0.025%

Prelaunch index

  • Index = ema(FundingMarks, PrelaunchWeight)

    • computed every TickInterval

    • ema is exponential moving average

      • PrelaunchWeight is the EMA weighting

        • set to 2 / 2881

      • FundingMarks is list of previous FundingMark every TickInterval

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