# IIP-35 ETH2x-FLI Parameter Update #4

**URL:** <https://gov.indexcoop.com/t/iip-35-eth2x-fli-parameter-update-4/1312>\
**Category:** Proposal\
**Tags:** IIP\
**Created:** [22 April 2021 17:47 UTC](https://gov.indexcoop.com/t/iip-35-eth2x-fli-parameter-update-4/1312 "2021-04-22T17:47:51Z")\
**Posts on this page:** 1\
**Page:** 1

<div class="post-metadata">

**Author:** ![dylan](https://avatars.discourse-cdn.com/v4/letter/d/e95f7d/32.png) [@dylan](https://gov.indexcoop.com/u/dylan)\
**Post date:** [22 April 2021 17:47 UTC](https://gov.indexcoop.com/t/iip-35-eth2x-fli-parameter-update-4/1312/1 "2021-04-22T17:47:51Z")

</div>

iip: 35  
title: ETH2x-FLI Parameter Update #4  
status: Proposed  
author: Richard (@richard)  
created: 2021-04-22

## Simple Summary

Update max trade size from 600 ETH to 400 ETH

## Abstract

Adjust the following parameters on the ETH2x-FLI:  
Lower max trade size from 600 ETH to 400 ETH.

## Motivation

The ETH2x-FLI product has several parameters that can be updated through governance. For more information on frequently updated parameters, view [this page.](https://docs.indexcoop.com/governance/fli-strategy-parameter-updates) The max trade size is the maximum amount of collateral asset allowed to be exchanged in a single transaction. The rebalance will be broken down across multiple transactions if the total rebalance notional is above the max trade size parameter.

Since the initial launch of ETH2x-FLI, ETH price has increased significantly while liquidity on DEXs have generally stayed the same. To target a 0.5% price impact per trade and keep market impact minimal on trades, we want to lower the max trade size to 400 ETH.

**FOR**

- Lower ETH-FLI max trade size from 600 ETH to 400 ETH

**AGAINST**

- Do not ETH-FLI lower max trade size.

## Copyright

Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).