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Synthetix · closed proposal

SIP-271: System Wide Suspension - Proof Of Stake 🐼

0x9E98…d0F3·ended 4y ago
Voters
6
SNX voted
6
≈$1
Token price
$0.22

AI summary

Summary pending — generation runs every 15 minutes.

Voting results

sYES6 (100.0%)
iNO0 (0.0%)
6 SNX · ≈$1 · 6 votersblock 21040562

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0 votes > 5% VP
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Full proposal

Original markdown · Synthetix

SIP-271 proposes to suspend all Synthetix contracts on both Ethereum and Optimism at TTD 58740000000000000000000 and unsuspend PoS then PoW contracts after running the below tests and ensuring that they all pass:

  • Minting and burning debt can take place normally, with the debt pool oracle in line with size of debt
  • Both atomic and non-atomic exchange tests would be performed to ensure that the outputted amounts are reasonable
  • Test on transfers of synths and SNX to a different wallet
  • Test on opening new loans with ETH and repaying that loan …

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