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sccp: 2138 | ||
network: Ethereum | ||
title: Lower minimumStakeTime | ||
author: Kaleb (@kaleb-keny) | ||
status: Draft | ||
created: 2024-09-26 | ||
type: Governance | ||
--- | ||
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# Simple Summary | ||
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This SCCP proposes to lower the `minimumStakeTime` on ethereum to 1 second from 7 days. | ||
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# Abstract | ||
`minimumStakeTime` is the minimum amount of time an account can be staked on v2x, before he can burn max and release his SNX. | ||
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# Motivation | ||
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The proposed change is in light of [SCCP-2134](https://sips.synthetix.io/sccp/sccp-2134/) which effectively restricted staking on v2x Ethereum. | ||
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# Copyright | ||
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Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/). | ||
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