SCCP-2102: Update burnFeeRate
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Optimism |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2024-04-22 |
Simple Summary
This SCCP proposes to lower the burn fee rate on the ethereum wrapper on L2 to 0.
Abstract
The burnFeeRate is the fee rate paid when releasing wETH from the synth wrapper, against burning sETH.
Motivation
The main motivation is to help provide stability to the peg on optimism.
Copyright
Copyright and related rights waived via CC0.