SCCP-2051: Temporarily Boost Optimism's Inflation

Author
StatusImplemented
TypeGovernance
NetworkOptimism
ImplementorTBD
ReleaseTBD
ProposalLoading status...
Created2023-10-12

Simple Summary

This SCCP proposes to boost L2's rewards by 130,178 snx during the minting week starting the 16th of October and reverting that increase back to its original state in the subsequent week.

Abstract

The following contract calls would be invoked in order to temporarily boost rewards for L2 stakers:

  • RewardsDistribution.editRewardDistribution permits the configuration of the snx distribution to l2 stakers from the weekly mint.
  • SupplySchedule.setInflationAmount permits the configuration of the weekly inflation mint amount.

Motivation

The main motivation is to compensate L2 stakers for the missed inflationary rewards during the week of the 9th of October. This was due to an insufficient gas reversion L1 minting transaction in the weekly inflation print transaction. A more holistic fix would be proposed in sip-2036 that aims at preventing a similar situation from occurring.

Copyright

Copyright and related rights waived via CC0.