set approval status

Author: apenzk

MD/md-74/README.md

@@ -1,6 +1,8 @@
 # MD-74: Rate-Limiter for the Lock/Mint-type Native Bridge
+
 - **Description**: A rate limitation mechanism for the Lock/Mint-type Native Bridge.
 - **Authors**: [Andreas Penzkofer](mailto:[email protected])
+- **Approval**: :white_check_mark:
 
 ## Overview
 
@@ -28,4 +30,4 @@ The Lock/Mint-type Native Bridge (hereafter called the "Native Bridge"), see [MI
 
 **Description**: The rate-limiting mechanism should be defined in a way that it is clear how it works and how it can be adjusted. Moreover all components and their parameters should be defined. It should also be defined what is being rate-limited.
 
-## Errata
+## Changelog

MIP/mip-74/README.md

@@ -3,6 +3,7 @@
 - **Description**: A rate limitation mechanism for the Lock/Mint-type Native Bridge.
 - **Authors**: Andreas Penzkofer, Primata
 - **Desiderata**: [MD-74](../../MD/md-74/README.md)
+- **Approval**: Stagnant
 
 ## Abstract
 
@@ -168,14 +169,6 @@ The following algorithm is a recommendation for the operation of the Relayer:
 
 ## Verification
 
-Needs discussion.
-
-We may add a formal model?
-
----
-
-## Changelog
-
 ## Appendix
 
 ### A1: Alternative designs
@@ -211,8 +204,4 @@ This proposal is discussed in this MIP.
 - Initiating transfers get rejected on the source chain, which improves safety and fulfills rate limit requirements on the source chain.
 - On the source chain the rate limit is not related to the Insurance Fund. This opens the question who sets the rate limit on the source chain. We answer this in this MIP.
 
----
-
-## Copyright
-
-Copyright and related rights waived via [CC0](../LICENSE.md).
+## Changelog