# SLURP-14 | Deprecation of SDL Token Mint Function

**URL:** <https://talk.stake.link/t/slurp-14-deprecation-of-sdl-token-mint-function/95>\
**Category:** SLURPs\
**Created:** [November 14, 2023, 2:45pm UTC](https://talk.stake.link/t/slurp-14-deprecation-of-sdl-token-mint-function/95 "2023-11-14T14:45:13Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![LinkedEric](https://yyz2.discourse-cdn.com/flex032/user_avatar/talk.stake.link/linkederic/32/172_2.png) [@LinkedEric](https://talk.stake.link/u/LinkedEric)\
**Post date:** [November 14, 2023, 2:45pm UTC](https://talk.stake.link/t/slurp-14-deprecation-of-sdl-token-mint-function/95/1 "2023-11-14T14:45:13Z")

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## Abstract

Pursuant to [SLURP-8 | SDL Tokenomics 2.0](https://talk.stake.link/t/slurp-8-sdl-tokenomics-v2-0/74#sdl-mint-function-10), it is proposed that the ownership of the SDL token contract ([0xA95C5ebB86E0dE73B4fB8c47A45B792CFeA28C23](https://etherscan.io/address/0xA95C5ebB86E0dE73B4fB8c47A45B792CFeA28C23)) be disposed of by the stake.link Multi-Sig (0xB351EC0FEaF4B99FdFD36b484d9EC90D0422493D) by calling the [`renounceOwnership`](https://docs.openzeppelin.com/contracts/2.x/api/ownership#Ownable-renounceOwnership--) function, effectively disabling the ability to mint additional SDL tokens on Ethereum mainnet, and capping the maximum total supply of SDL at 100,000,000.

## Rationale

With the implementation of SLURP-8, the SDL token no longer requires an elastic supply. Newly joining node operators will be allocated SDL from the treasury instead of from a fresh mint of SDL.

## Specification

The stake.link Multi-Sig (0xB351EC0FEaF4B99FdFD36b484d9EC90D0422493D) will call the [`renounceOwnership`](https://etherscan.io/address/0xA95C5ebB86E0dE73B4fB8c47A45B792CFeA28C23#writeContract#F8) function, thereby preventing the creation of new SDL tokens.

## Copyright

Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).

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**Author:** ![Ari](https://yyz2.discourse-cdn.com/flex032/user_avatar/talk.stake.link/ari/32/11_2.png) [@Ari](https://talk.stake.link/u/Ari)\
**Post date:** [November 15, 2023, 2:25pm UTC](https://talk.stake.link/t/slurp-14-deprecation-of-sdl-token-mint-function/95/2 "2023-11-15T14:25:53Z")

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Seems like this one won’t bring much debate.

Just curious, how is the Multi-sig configured and who is part of it?

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**Author:** ![candide](https://avatars.discourse-cdn.com/v4/letter/c/46a35a/32.png) [@candide](https://talk.stake.link/u/candide)\
**Post date:** [November 29, 2023, 2:02pm UTC](https://talk.stake.link/t/slurp-14-deprecation-of-sdl-token-mint-function/95/3 "2023-11-29T14:02:06Z")

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This looks good.  
It’s a good way to declare that we are capping our supply.