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closedEnded 4 years ago ยท Snapshot (Offchain)

SIP-229: Optimism Bridge for Synths

By 0x1A7f...9F293A

SIP-229 introduces an optimism bridge for synths. Based on discussion on 12-Jul SC weekly call and in light of security concerns pertaining to synth bridges, 3 paths were proposed in order to move forward and this vote is a sentiment check:

  1. Activate the synth bridge, as is, with the implementation proposed in SIP-229
  2. Incorporate a pDAO only function into the bridge, where only the pDAO address can bridge synths. This would be removed once security concerns are satisfied (to be addressed in a different SIP)
  3. Hold off on activating the bridge until the security concerns addressed in the meeting are satisfied

Context on security concerns: a) Not having caps in place on the amounts allowed to bridge b) Using a non-standard optimism bridge contract, which increases surface area of attack, as the sequencer would be able to infinite mint synths (back to L1)

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Votes 8
VoterCast PowerVote & Rationale
Afif
1

Activate Bridge As Is

TerraBellus
1

Activate Bridge As Is

Danijel
1

Activate Bridge As Is

Ksett
1

pDAO only bridge

Ethernaut
1

Activate Bridge As Is

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Proposal Status
  • Wed July 13 2022, 07:38 amVoting Period Starts
  • Sat July 16 2022, 07:38 amEnd Voting Period
Current Results

1-Activate Bridge As Is

6

75%

2-pDAO only bridge

2

25%
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