SCCP-141: Up the Weekly SNX Minting reward

Author
StatusDraft
TypeGovernance
ImplementorTBD
ReleaseTBD
Discussions-Tohttps://discord.gg/e9c5Cs
Created2021-10-12

Simple Summary

Update the reward to mint the weekly SNX inflation

Abstract

In order to ensure a keeper calls the weekly Synthetix.mint() function, the reward for calling needs to be updated to 50 SNX from 30 to account for gas costs.

Motivation

The mint for SNX starting the 7 days following Oct 7, 2021 was not called. Presumeably, this was because the reward was low (30 SNX) compared to gas prices and the current market rate of SNX. This SCCP proposed updating it to 50 SNX weekly.

Copyright and related rights waived via CC0.