IIP-30: ETH2x-FLI Security Increase #3

Governance Proposal
1

IIP: 30

Title: ETH2x-FLI Cap Security Increase #3

Status: Proposed

Author: Punia @puniaviision

Created: April 12, 2021

Simple Summary

Raise the supply cap of the ETH2x-FLI from 200,000 units to 400,000 units.

Abstract

Adjust the following parameters on the ETH2x-FLI:

  1. Raise the supply cap to 400,000 units.

Motivation

For the initial launch, the ETH2x-FLI has a guarded roll-out to ensure stability with a more risky leverage type product. The initial supply cap was at 50,000 units, then raised to 100,000, and most recently raised to 200,000. We’re coming close to hitting that supply cap, have found the system to be behaving as expected and are ready to double it again to 400,000.

FOR

  • Increase the supply cap to 400k

AGAINST

  • Do not increase the supply cap to 400k
IIP #30
  • FOR
  • AGAINST

0 voters

Copyright

Copyright and related rights waived via CC0.

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