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Synthetix SCCP/SIPSynthetix SCCP/SIPby0x9E988BF30fa85c5ee2CEac5c13C95357CD35d0F3GovVote

SCCP-264: DAI Wrapper

Voting ended over 3 years agoSucceeded

SCCP-264 proposes to implement the following:

Create DAI wrapper on ethereum by calling createWrapper with the following parameters:

  • token: 0x6B175474E89094C44Da98b954EedeAC495271d0F
  • currencyKey: sUSD
  • synthContractName: SynthsUSD

Set the parameters on ethereum and optimism DAI wrappers to the following:

  • maxTokenAmount 20m DAI
  • burnFeeRate 10 bp
  • mintFeeRate Peg (around 1%) and lower it gradually until we reach 25 bp in incremental steps

Are you in favor of this sccp?

Off-Chain Vote

sYES
7 SNX-SCT87.5%
iNO
1 SNX-SCT12.5%
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Timeline

Dec 16, 2022Proposal created
Dec 16, 2022Proposal vote started
Dec 22, 2022Proposal vote ended
Dec 20, 2024Proposal updated