SCCP-2087: Update LUSD Wrapper Parameters
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Ethereum |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2024-03-05 |
Simple Summary
This SCCP proposes to lower the LUSD wrapper maxTokenAmount back to zero.
Abstract
The maxTokenAmount is the max amount allowed to be used to issue a synth with a underlying specified in the wrapper contract, in this case it's LUSD.
Motivation
The main motivation is to lean on the sETH skew by encouraging more on-ramp via the ETH > sETH > sUSD route.
Copyright
Copyright and related rights waived via CC0.