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Proposal #243

Update USDC/USDT Fees

PassedSpot Market Param Update Proposal

Passed on 12 Aug 2023 with 95.9% of the votes for yes.

Yes

95.9%

99.8% without abstain

Veto

0.0%

of votes cast

Ended

12 Aug 2023

The ballotvotes cast · final tally
Yes

95.89%

of votes cast

Abstain

3.91%

of votes cast

No

0.20%

of votes cast

Veto

0.00%

of votes cast

This proposal will adjust the fee rates for the USDC/USDT spot market to -0.01% and 0.1% for maker and taker rates respectively to enable the new fee discount program. Currently, the new fee discount schedules cannot be implemented due to the protocol fees from USDC/USDT falling short of the minimum required fees with discounts applied.

Timeline

  1. Submitted07 Aug 2023
  2. Voting started08 Aug 2023
  3. Voting ended12 Aug 2023
  4. Deposit deadline09 Aug 2023

Proposer

Address
inj17vyt…5agf6c
Deposit500000.00B

Rules

Not recorded for this proposal.