{"componentChunkName":"component---src-pages-sccp-sccp-markdown-remark-frontmatter-sccp-tsx","path":"/sccp/sccp-161/","result":{"data":{"markdownRemark":{"fileAbsolutePath":"/vercel/path0/content/sccp/sccp-161.md","frontmatter":{"sip":null,"sccp":161,"title":"Increase L2 Inflationary Rewards to 100k","network":"Optimism","author":"Matt (@MattLosquadro-Synthetix)","type":"Governance","proposal":"https://snapshot.org/#/snxgov.eth/proposal/QmY8tVa5UpmVQp3kS8oMUMMakwSFPZiAHChdi5TuXRj95C","implementor":null,"release":null,"created":"2021-12-26T00:00:00.000Z","updated":null,"status":"Implemented"},"html":"

Simple Summary

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Increase the inflationary rewards on L2 to 100K snx from 75K snx per week.

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Abstract

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In order to further incentivize minters to shift their holdings to L2, this sccp proposes to increase inflationary rewards on L2 to 100k snx per week.

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Motivation

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This SCCP aims to further incentivize minters to move their stack to L2. Current staking rewards are at all-time lows on L2, and this SCCP seeks to align staking rewards on L1 and L2 by increasing inflationary rewards.

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Increasing inflationary rewards on L2 helps to bridge the gap between the timing between debt synthesis and current low L2 rewards.

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Copyright

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Copyright and related rights waived via CC0.

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