SCCP-399: Update Minimum Liquidity Ratio
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Ethereum & Optimism |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2025-03-13 |
Simple Summary
This SCCP proposes to lower the global minimum liquidity ratio on the v3 staking system to 110% from 150%.
Abstract
The minimum liquidity ratio is the minimum ratio that is allowed in the staking system. When the vault goes below the minimum liquidity ratio, users who deposited snx are prevented from withdrawing from the vault.
Motivation
The main motivation is to allow users who recently deposited into the 420 vault to withdraw snx early and repay their debt.
Copyright
Copyright and related rights waived via CC0.