SCCP-74: Time lock on burning after minting Adjustment

Author
StatusRejected
TypeGovernance
NetworkEthereum
ImplementorTBD
ReleaseTBD
Created2021-01-09

Simple Summary

Adjust Time lock on burning after minting from 24 hours to 48 hours.

Abstract

Proposing to adjust Time lock on burning after minting from 24 hours to 48 hours.

minimumStakeTime = 172,800

Motivation

To further hinder rare snapshotters who can take advantage of the system. This will increase debt exposure from 1/7 to 2/7. Further increases are possible after discussions.

Copyright and related rights waived via CC0.