SCCP-2160: snxUSD Wrapper - Increase Max Token Amount
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Ethereum |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2025-03-05 |
Simple Summary
This SCCP proposes to increase the snxUSD wrapper cap to 3 million sUSD from 1 million.
Abstract
Wrappers can be updated by calling setWrapperMaxTokenAmount under the SystemSettings contract.
Motivation
The motivation behind this sccp is to allow Treasury to get more sUSD from their holding of snxUSD.
Copyright
Copyright and related rights waived via CC0.