SCCP-2160: snxUSD Wrapper - Increase Max Token Amount

Author
StatusVote_Pending
TypeGovernance
NetworkEthereum
ImplementorTBD
ReleaseTBD
ProposalError loading status
Created2025-03-05

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.