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Synthetix SCCP/SIPSynthetix SCCP/SIPby0x9E988BF30fa85c5ee2CEac5c13C95357CD35d0F3GovVote

SCCP-252: Update LUSD Wrapper Parameters

Voting ended over 3 years agoFailed

SCCP-252 proposes to:

  • Lower the maxTokenAmount on the LUSD Wrapper to 0, from 100m LUSD currently
  • Lower the burnFeeRate, currently at 5%, by 20 bp every week until the latter reaches zero. Note that the burnFeeRate will cease to be decreased every week should the amount wrapped reach zero. Are you in favor of this sccp?

Off-Chain Vote

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

Nov 28, 2022Proposal created
Nov 28, 2022Proposal vote started
Dec 01, 2022Proposal vote ended
Dec 20, 2024Proposal updated