SCCP-141: Up the Weekly SNX Minting reward
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Ethereum |
| Implementor | TBD |
| Release | TBD |
| Created | 2021-10-12 |
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
Copyright and related rights waived via CC0.