Stage: [DRAFT]
Hi everyone.
We recently noticed that there is a mismatch between constitution parameters for GoldToken.approve and GoldToken.increaseAllowance. This is because the parameter was never explicitly set for increaseAllowance, so it reverts to the deafult for the GoldToken contract, which is 90%. There’s no reason for increaseAllowance to have a higher constitution than approve, as they are very similar in function, and if anything, increaseAllowance is the safer option.
I’m submitting a CGP draft to reduce the increaseAllowance parameter to 60%.
For more details, including an explanation of constitution parameters and details of the transaction in this proposal, see the CGP on GitHub.