SCCP-60: Suspend sBCH and iBCH synths until after BCH hard fork
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Implementor | TBD |
| Release | TBD |
| Discussions-To | https://research.synthetix.io/ |
| Created | 2020-11-14 |
Simple Summary
Suspend sBCH and iBCH synths until after BCH hard fork on November 15, 2020 at approximately 4:00 AM PT (12:00 PM UTC).
Abstract
Bitcoin Cash (BCH) will be undergoing a network protocol upgrade on November 15, 2020 at approximately 4:00 AM PT (12:00 PM UTC).
In connection to the protocol upgrade, there has been a proposed chain-split between the two main BCH clients, Bitcoin Cash ABC (BCHA) and Bitcoin Cash Node (BCHN), making this a hard fork that may result in a chain split and additional token.
sBCH and iBCH synths will be resumed when the price feed is stable and safe after the hard fork.
Motivation
- Upcoming hard fork of BCH could affect the BCH ticker's underlying prices which require the synths based on BCH to be suspended.
Copyright
Copyright and related rights waived via CC0.