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Synthetix SCCP/SIPSynthetix SCCP/SIPby0xcd353adc772C45b8c3042E9251170C3fAAc85e3a0xcd35…5e3a

SIP-367: Synthetix V3 Deployment to Arbitrum

Voting ended almost 2 years agoSucceeded

SIP-367 outlines the deployment of Synthetix V3 on Arbitrum, typically a collaborative effort involving partners, market makers, and key integrators. The SIP emphasizes scaling the protocol's presence, particularly through incentivizing liquidity providers during the initial launch phase. This strategy aims to boost open interest caps and foster organic activity on the chain with sustainable APYs in the long term.

However, recent discussions with Arbitrum delegates suggest that the proposed incentives may not be sufficient to achieve the SC's intended launch outcomes. This is primarily attributed to the potential strain on CC resources, given the competing timelines of existing deployments, and the challenges associated with scaling the offering.

Considering the challenges in scaling the offering and the allocation of resources, alongside project timelines and milestones, do you support SIP-367?

Off-Chain Vote

sYES
5 SNX-SCT83.3%
iNO
1 SNX-SCT16.7%
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Timeline

Apr 24, 2024Proposal created
Apr 24, 2024Proposal vote started
May 01, 2024Proposal vote ended
May 01, 2024Proposal updated