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Update sccp-2113.md
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kaleb-keny committed May 23, 2024
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Expand Up @@ -19,7 +19,6 @@ This SCCP proposes to decrease the discount rate from 60% to 0% in 2% increments
# Motivation

The intentions of SIP-2059 is to lean on the debt pool skew by providing users with an incentive to move their synths into sUSD. However, as was done in [SCCP-2110](https://sips.synthetix.io/sccp/sccp-2110/), users can request redemption at parity from synthetix governance. The latter is implemented by bumping the DR, enacting the redemption at parity and decreasing the DR to the level that offsets an impact on the size of the debt pool. Therefore, the 50% DR and slow decay would permit users over the coming two years to come forward with similar requests to synthetix governance.
It is worth noting that the 2% decay would be enacted during an arbitrary during the month in order to lean on situations where users target the DR update in order to farm the debt windfall.

# Copyright

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