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Synthetix SCCP/SIPSynthetix SCCP/SIPby0x9E988BF30fa85c5ee2CEac5c13C95357CD35d0F3GovVote

SCCP-252: LUSD Unwrap

Voting ended over 3 years agoSucceeded

SCCP-252 proposes a plan to unwind the LUSD wrapper.

  • Lower the burnFeeRate, currently at 5%, to zero.
  • Burn sUSD funded by the Treasury Council, to release the LUSD.
  • Increase the burnFeeRate back to the previous levels.
  • Lower the maxTokenAmount to zero.

Are you in favor of this decision?

Off-Chain Vote

sYES
8 SNX-SCT100%
iNO
0 SNX-SCT0%
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Timeline

Dec 16, 2022Proposal created
Dec 16, 2022Proposal vote started
Dec 23, 2022Proposal vote ended
Dec 20, 2024Proposal updated