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Synthetix SCCP/SIPSynthetix SCCP/SIPby0x9E988BF30fa85c5ee2CEac5c13C95357CD35d0F3GovVote

SCCP-265: Update ETH Wrapper Parameters

Voting ended about 3 years agoSucceeded

SCCP-265 proposes to implement the following:

  • Increase the maxTokenAmount on the ETH Wrapper to 15k ETH on both Ethereum and Optimism, from 5000 and 3700 ETH respectively.
  • Change the burnFeeRate on the ETH wrappr to 10 bp, from 5 bp on optimism and 5% on ethereum.
  • Change the mintFeeRate on the ETH wrappr from the market rate to 25 bp in iterative steps.

Are you in favor of these decisions?

Off-Chain Vote

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

Dec 18, 2022Proposal created
Dec 18, 2022Proposal vote started
Dec 24, 2022Proposal vote ended
Dec 20, 2024Proposal updated