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Synthetix SCCP/SIPSynthetix SCCP/SIPby0x9E988BF30fa85c5ee2CEac5c13C95357CD35d0F3GovVote

SCCP-2081: Update Loan Parameters

Voting ended about 2 years agoSucceeded

SCCP-2081 proposes to update the synth loan parameters as follows::

  • Increase the issueFeeRate to 1% from nearly 0%
  • Increase the baseBorrowRate to 30% per year from 1 bp (on ethereum) and 25 bp on optimism

Are you in favor of this decision?

Off-Chain Vote

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

Feb 20, 2024Proposal created
Feb 20, 2024Proposal vote started
Feb 29, 2024Proposal vote ended
Dec 20, 2024Proposal updated