diff --git a/content/sccp/sccp-2058.md b/content/sccp/sccp-2058.md
index c6bb4cd6a..74ef2be86 100644
--- a/content/sccp/sccp-2058.md
+++ b/content/sccp/sccp-2058.md
@@ -3,7 +3,9 @@ sccp: 2058
 network: Optimism
 title: Update Perps V2 Parameters
 author: Kaleb (@kaleb-keny)
-status: Vote_Pending
+status: Implemented
+proposal: >-
+  https://snapshot.org/#/snxgov.eth/proposal/0xb9e2490229fbe660d3a003dd5a08c23aa38e1186d494cca1cc75e3859e8c44d9
 created: 2023-11-15
 type: Governance
 ---
diff --git a/content/sccp/sccp-2059.md b/content/sccp/sccp-2059.md
new file mode 100644
index 000000000..9a466ecb9
--- /dev/null
+++ b/content/sccp/sccp-2059.md
@@ -0,0 +1,45 @@
+---
+sccp: 2059
+network: Optimism
+title: Update Perps V2 Parameters
+author: Kaleb (@kaleb-keny)
+status: Vote_Pending
+created: 2023-11-16
+type: Governance
+---
+
+# Simple Summary
+
+This SCCP proposes to update the perps v2 parameters as per the below:
+
+## Skew Scale
+
+| **Market** | **Current Scale** | **Proposed Scale** | **Current Slippage** | **Proposed Slippage** | **Cex Slippage** |
+|:----------:|:-----------------:|:------------------:|:--------------------:|:---------------------:|:----------------:|
+|    MATIC   |     150,000,000   |      75,000,000    |           4          |            8          |         6        |
+
+*Slippage in bp per 100k$ trade*
+
+## Max Market Value
+
+| **Market** | **Current MV** | **Proposed MV** | **Propose MV$** | **Cex OI** |
+|:----------:|:--------------:|:---------------:|:---------------:|:----------:|
+|    MATIC   |      8M        |      12M        |    10M          |   107M     |
+
+
+
+# Abstract
+
+Below is a description of the parameter changes propopsed in the SCCP:
+- `MaxMarketValue` is the maximum possible open interest on any given side of a perp market.
+- `skewScale` is the scaling factor of the relevant market in the underlying currency for computing PD and Funding Rates.
+
+# Motivation
+
+The proposed parameter changes on skew scale aim at increasing the incentive on arbitrageurs to arbitrage the skew by targeting an effective liquidity comfortably below liquidity available on centralized exchanges. While the motivation behind the changes on max market value levels are done in order to align the oi caps with historical utilization (after incorporating a buffer). 
+
+# Copyright
+
+Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).
+
+