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Synthetix SCCP/SIPSynthetix SCCP/SIPby0xbeBF7295A9Ddc37e33609790b12FBe3dAF93cC73defigovernor.eth

Change Configurable Values for SIP-97 and SIP-103

Voting ended about 5 years agoSucceeded

SCCP-67 proposes to set the initial configurable values for SIP-97 (Multi-collaterla loans) and SIP-103 (sUSD shorts) to the following:

SIP-97

CollateralEth.sol

synths: sUSD, sETH minCratio: 130% minCollateral: 2 issueFeeRate: 0.001

CollateralErc20.sol

synths: sUSD, sBTC minCratio: 130% minCollateral: 0.05 issueFeeRate: 0.001 underlyingAsset: 0xEB4C2781e4ebA804CE9a9803C67d0893436bB27D (renBTC address)

CollateralManager.sol

baseBorrowRate: 0.0005 baseShortRate: 0.0005 maxDebt: 10000000

SIP-103

CollateralShort.sol

synths: sBTC, sETH minCratio: 120% minCollateral: 1000 issueFeeRate: 0.005 interactionDelay: 3600

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Timeline

Dec 23, 2020Proposal created
Dec 23, 2020Proposal vote started
Dec 25, 2020Proposal vote ended
Oct 26, 2023Proposal updated