Currently the Sai supply sits at 26.5 million, with a debt ceiling of 45 million. Given the current uncertainties surrounding the
tax parameter and its implications on emergency shutdown, I think it would be a good idea to keep a tighter spread between the Sai supply and its debt ceiling. Until we can fully understand the ramifications of the unpaid stability fees, the ~20 million of unused cap space is likely too much and opens up the community to unnecessary risk.
The Interim Risk Team is proposing a reduction of the Sai debt ceiling to 30 million, with a plan for further adjustments to be roughly 5 million above the current Sai supply. If for any reason the Sai supply begins to grow again, the community can vote to increase the debt ceiling.