SCCP-2094: Increase wETH Wrapper maxTokenAmount

Author
StatusRejected
TypeGovernance
NetworkOptimism
ImplementorTBD
ReleaseTBD
ProposalLoading status...
Created2024-03-20

Simple Summary

This SCCP proposes to increase the maxTokenAmount to 6k sETH from 2k sETH

Abstract

The maxTokenAmount is the maximum possible amount of tokens that can be minted from a given wrapper by depositing the underlying, wETH.

Motivation

The proposed changes in this SCCP is part of a suite of pre-requisite changes done, in order to facilitate migration of spot synths on L1 as specified in SIP-2059 and unwinding of the debt pool skew.

Status switched to rejected as per author's request.

Copyright

Copyright and related rights waived via CC0.