diff --git a/content/sccp/sccp-2117.md b/content/sccp/sccp-2117.md new file mode 100644 index 000000000..ed0782936 --- /dev/null +++ b/content/sccp/sccp-2117.md @@ -0,0 +1,27 @@ +--- +sccp: 2117 +network: Ethereum & Optimism +title: Update Issuance Ratio +author: Kaleb (@kaleb-keny) +status: Vote_Pending +created: 2024-06-10 +type: Governance +--- + +# Simple Summary + +This SCCP proposes to update the `issuanceRatio` ratio from 11.11% currently (i.e. 900% cratio) to 12.5% (i.e. 800% cratio). + +# Abstract + +The issuance ratio is the ratio that determines the maximum amount of sUSD that can be minted for a staked amount of snx collateral. + +# Motivation + +The temporary increase in collateralization ratio was previously implemented in order to rollout [SIP-2059](https://sips.synthetix.io/sips/sip-2059), with the debt windfall benefiting stakers that took on the historical legacy debt from the long ETH skew. With sip-2059 being mostly rolled out, and changes being to the discount rate planned to be implemented in slow incremental steps, the issuanceRatio can be restored back to previous levels. This SCCP proposes to start off that process with, with gradual changes to the `issuanceRatio` being proposed to limit the impact on the protocol. + +# Copyright + +Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/). + + diff --git a/content/sccp/sccp-2118.md b/content/sccp/sccp-2118.md new file mode 100644 index 000000000..a7ee3a785 --- /dev/null +++ b/content/sccp/sccp-2118.md @@ -0,0 +1,24 @@ +--- +sccp: 2118 +title: Redeem `0x1B51cCe51` At Parity +network: Ethereum +status: Vote_Pending +type: Governance +author: Kaleb (@kaleb-keny) +--- + +## Simple Summary + +The SCCP proposes to redeem `0x1B51cCe51E2531C478daA9b68eb80D47247dCbec` at parity. This is done by increasing the `discountRate` to 1, executing the redemption on the sBTC held by the user and setting `discount` rate to 48% (as per the schedule voted on in [SCCP-2113](https://sips.synthetix.io/sccp/sccp-2113/)). + +# Abstract + +The `discountRate`, described in [SIP-2059](https://sips.synthetix.io/sips/sip-2059/), determines the rate which users can redeem their synths for sUSD. + +## Motivation + +The `discountRate` is currently set to 50%, in order to encourage volatile synth holders to redeem their synths to sUSD and help rebalance the long skew. However, users who hold volatile synths, can request from governance to be redeemed at parity. + +## Copyright + +Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/). diff --git a/content/sccps/sccp-336.md b/content/sccp/sccp-336.md similarity index 87% rename from content/sccps/sccp-336.md rename to content/sccp/sccp-336.md index 316311168..618bb746e 100644 --- a/content/sccps/sccp-336.md +++ b/content/sccp/sccp-336.md @@ -3,8 +3,10 @@ sccp: 336 network: Arbitrum title: Update Arbitrum LP caps author: Cavalier, Millie -status: Draft +status: Approved type: Governance +proposal: >- + https://snapshot.org/#/snxgov.eth/proposal/0x2807ee25aa897dbca13e72d44e287bddcf54b5b096a8fbb9c655658842d1e077 --- # Simple Summary diff --git a/content/sips/sip-386.md b/content/sips/sip-386.md index 8fec2c9ad..630b56274 100644 --- a/content/sips/sip-386.md +++ b/content/sips/sip-386.md @@ -3,7 +3,7 @@ sip: 386 network: Base title: Bring perps v3 markets to parity with perps v2 author: Millie -status: Draft +status: Approved created: 2024-05-28 type: Governance proposal: >- diff --git a/content/sips/sip-387.md b/content/sips/sip-387.md index 4c0ec1b92..6f602c2e7 100644 --- a/content/sips/sip-387.md +++ b/content/sips/sip-387.md @@ -2,9 +2,11 @@ sip: 387 title: Create a new perps markets listing framework for automated listing across all networks network: Ethereum, Optimism, Base & Arbitrum -status: Draft +status: Vote_Pending type: Governance author: Danny Sacks (@dansnacks) +proposal: >- + https://snapshot.org/#/snxgov.eth/proposal/0x79dcf3e1ab98963fa84857ce40b0f8f2abd0bec1df9c0d5ee4e175429df13651 created: 2024-05-28 --- diff --git a/content/sips/sip-388.md b/content/sips/sip-388.md index 2afc56b1c..be0215a40 100644 --- a/content/sips/sip-388.md +++ b/content/sips/sip-388.md @@ -2,8 +2,10 @@ sip: 388 title: Adding Support for EtherFi weETH to Arbitrum V3 LP network: Arbitrum -status: Draft +status: Approved type: Governance +proposal: >- + https://snapshot.org/#/snxgov.eth/proposal/0x008da31c143e81b8b1484a4cdc32faf3657d291bea742e5c67cbcdd72977ed0b author: Danny Sacks (@dansnacks) created: 2024-05-30 --- diff --git a/content/sips/sip-389.md b/content/sips/sip-389.md index 8ab90183d..2f81da319 100644 --- a/content/sips/sip-389.md +++ b/content/sips/sip-389.md @@ -2,9 +2,11 @@ sip: 389 title: Adding Support for Yield Tokens from Aave and Lido to Arbitrum V3 LP network: Arbitrum -status: Draft +status: Approved type: Governance author: Danny Sacks (@dansnacks) +proposal: >- + https://snapshot.org/#/snxgov.eth/proposal/0x7659b028222d9cab0c78809b1c1eea5a1c7f60a3ccf10ce8834017fd2e9027f6 created: 2024-06-03 --- diff --git a/content/sips/sip-390.md b/content/sips/sip-390.md index b37a63bd1..365b55b48 100644 --- a/content/sips/sip-390.md +++ b/content/sips/sip-390.md @@ -2,9 +2,11 @@ sip: 390 title: Minimum Credit Patch - Perps V3 network: Base -status: Draft +status: Approved type: Governance author: 'Sunny Vempati (@sunnyvempati), kaleb (@kaleb-keny)' +proposal: >- + https://snapshot.org/#/snxgov.eth/proposal/0x4fe62bf6c4cec0350a6cc84b171e153a9f57b226eaa7b085ba4bb9b82073dcbd created: 2024-06-05 ---