Header | Content |
---|---|
Author | Edson Ayllon (@relativeread) |
Created | 2022-3-18 |
Status | Completed |
Motivation
Having token approvals go through governance serves to check sufficient liquidity for trading and ensure a price oracle exists for such assets.
Synthetix assets use Chainlink oracles before being deployed, so a price feed is ensured. And liquidity also isn’t an issue with Synths, as they are zero slippage + fee.
Given all new Synth assets will meet our criteria for addition, this proposal exists to reduce new proposal spam with each new synth release.
Description
This proposal pre-approves all synth assets Synthetix adds to any chain dHEDGE has integrated with Synthetix.
Additionally, if Synthetix removes a synth, this proposal pre-approves the removal of deprecated synths as to not brick existing dHEDGE pools with those assets.
Contentious assets may be removed or added on a case-by-case basis, through separate governance proposals.
Implementation
New synths may be added as they are released by Synthetix through a contract upgrade.