This SCCP proposes the following updates to LUSD:
burnFeeRateon LUSD wrappr to 10 bps
The parameters being updated as are as follows
burnFeeRateis a parameter that determines the fee to be paid in order to release the underlying, when a synth is burned
The goals of increasing the burn fee in SCCP 168 have been achieved. Furthermore, L2 sUSD is currently off peg (trading at ~0.99), which suggests that this fee increase should be reverted.
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