Decentralised synthetic assets

The Atria Release

The Atria Release

Later today (December 3, ~08:00 UTC), the Atria release will begin. During this release, minting, burning, and claiming will be down on L2 only for 2-3 hours. Here's what’s included in this release:

  • SIP-192: Fee Pool Accounting Error Fix and Reimbursement: Fixes an error where fees from WrapperFactory are double-counted.

An error in the WrapperFactory contract has caused the amount of fees collected to be double-counted. This leads to stakers claiming a higher amount than they should be able to, resulting in a loss of funds in the fee payment address. To correct this error, the following actions will be taken:

  • On both L2 and L1, A new Wrapper Factory will be deployed which removes the duplicate fee payment call.
  • The missing funds (currently ~$257k) will be funded to the Synthteix fee address on L2 to make up for the shortfall in fees, and to allow stakers to continue to claim for the rest of the fee period.

This release is called Atria, which like all releases is named after a star (in order of visual magnitude). If you've got any comments or questions about the release, please come join the conversation in Discord.