diff --git a/content/sccp/sccp-2125.md b/content/sccp/sccp-2125.md index 59e87f5a0..194e8d56d 100644 --- a/content/sccp/sccp-2125.md +++ b/content/sccp/sccp-2125.md @@ -3,7 +3,9 @@ sccp: 2125 network: Optimism title: Lower maxMarketValue RNDR to zero author: Kaleb (@kaleb-keny) -status: Draft +status: Implemented +proposal: >- + https://snapshot.org/#/snxgov.eth/proposal/0xbc99bb416d0e331eb1c391d8fbc932615c7aac9f761ce38f787058fd6f19d7fd created: 2024-07-11 type: Governance --- diff --git a/content/sccp/sccp-2126.md b/content/sccp/sccp-2126.md new file mode 100644 index 000000000..6255859c9 --- /dev/null +++ b/content/sccp/sccp-2126.md @@ -0,0 +1,29 @@ +--- +sccp: 2126 +network: Ethereum & Optimism +title: Increase C-RAtio to 500% +author: Kaleb (@kaleb-keny) +status: Draft +created: 2024-07-15 +type: Governance +--- + +# Simple Summary + +This SCCP proposes to increase the min collateralization ratio back to 500% (or 20% in `issuanceRatio` terms). + +# 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 min c-ratio was recently lowered via an emergency decision as per [SCCP-2122](https://sips.synthetix.io/sccp/sccp-2122/). +The author of this sccp continues to question the effectiveness of that SCCP in safeguarding the system, especially during times of snx price pressure, given the moral hazard it insinuates in the behavior of stakers with significant debt. This SCCP proposes to undo SCCP-2122 by setting the min cratio back to previous levels, given that the risks to the stability of the protocol are asymmetrically more pronounced if a price recovery materializes. + +# Copyright + +Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/). + + diff --git a/content/sccp/sccp-341.md b/content/sccp/sccp-341.md index a7ba9ae54..da7cd44a9 100644 --- a/content/sccp/sccp-341.md +++ b/content/sccp/sccp-341.md @@ -3,9 +3,11 @@ sccp: 341 network: Base title: Lower maxMarketValue RNDR to zero author: Kaleb (@kaleb-keny) -status: Draft +status: Implemented created: 2024-07-11 type: Governance +proposal: >- + https://snapshot.org/#/snxgov.eth/proposal/0x244fcdd9c8434190758dc1391845faa6ab785863ecdc83ec6c8f422937b8e74c --- # Simple Summary