SCCP-145: Increase L2 ETH Wrappr Minting Fee to 250 bp
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Implementor | TBD |
| Release | TBD |
| Discussions-To | https://discord.gg/EWmYsH7X |
| Created | 2021-11-04 |
Simple Summary
The SCCP aims at increasing the minting fee on the ETH Wrappr to 250 bp.
Abstract
Increase the L2 ETH Wrappr minting fee to 250 bp will improve value capture to snx stakers, given the increased demand for synths on L2 for farming.
Motivation
In order to maximize the revenue for snx stakers and leave less money on the table, this sccp proposes to increase the ETH Wrappr minting fee to 250 bp.
Copyright
Copyright and related rights waived via CC0.