|Network||Ethereum & Optimism|
Update the ETH and DAI wrapper parameters as follows:
- Increase the DAI mintFeeRate to 25 bp from 10 bp
- Lower the ETH mintFeeRate to 10 bp from 25 bp
mintFeeRate is the rate that paid for locking up a certain underlying to mint it's respective synth equivalent.
The primary motivation is to lean against the recent increase in the debt skew which exceeded 40%, up from 20% a couple of weeks ago. Increasing the incentive to scale with ETH helps lower the skew to a certain extent as the sETH is swapped to other synths.
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