SCCP-2124: Synth Redemption - Treasury Council

Voting ended over 1 year agoSucceeded

SCCP-2124 proposes deprecating volatile non-sUSD synths on Ethereum by setting the discountRate to zero. To accommodate potential future redemptions by users claiming sUSD, an equivalent value of the deprecated synths, in sUSD, would be minted and sent to the Treasury Council, would would be in charge of managing redeemtions . Are in favor of this decision?

Off-Chain Vote

sYES

8 SNX-SCT100%

iNO

0 SNX-SCT0%

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Timeline

Jul 08, 2024Proposal created

Jul 08, 2024Proposal vote started

Jul 18, 2024Proposal vote ended

Jul 18, 2024Proposal updated