SCCP-160: Update LUSD Wrappr Parameters

Author
StatusImplemented
TypeGovernance
NetworkOptimism
ImplementorTBD
ReleaseTBD
ProposalLoading status...
Created2021-12-07

Simple Summary

This SCCP proposes to update the following parameters on the LUSD wrappr on L2:

  • Increase the capacity by 25 million sUSD to 100 million sUSD

Abstract

The LUSD cap sets the maximum amount of sUSD that can be minted by the wrappr.

Motivation

Raising the LUSD wrappr capacity is recommended as the cap has now been reached.

Copyright and related rights waived via CC0.