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AmpleforthAmpleforthby0xe545A26DD6aCbC146b80981BFC969d5d47959C0bRoman Pope

Reduce SPOT Flash Mint Fee

Voting ended about 1 year agoSucceeded

Temperature check to see where the community stands about lowering the SPOT flash mint fee from 2.5% to a lower percentage. Current discussions indicate that the current 2.5% fee may hinder timely arbitrage and unnecessarily expose vault participants (stAMPL holders) to negative rebase risks. By reducing the flash mint fee, the aim is to bolster SPOT expansion, mitigate negative rebases, and enhance the overall ecosystem’s growth potential, particularly during Operation Bootstrap.

Off-Chain Vote

Reduce to 0%
11.83K FORTH95.9%
Reduce to 1%
0 FORTH0%
Reduce to 2%
0 FORTH0%
Leave at 2.5%
500.63 FORTH4.1%
Abstain
0 FORTH0%
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Discussion

AmpleforthReduce SPOT Flash Mint Fee

Timeline

Jan 29, 2025Proposal created
Jan 30, 2025Proposal vote started
Feb 02, 2025Proposal vote ended
Jun 13, 2025Proposal updated