DAO Vote #3 -Setting Protocol Fee

Executive Summary

V2 of Boson Protocol allows for the setting of a Protocol fee, see Page 33 in the v2 Whitepaper.

The Protocol fee only applies if the Offer price is not priced in $BOSON. If the Offer is priced in $BOSON, no Protocol fee applies to the exchange.

The Protocol fee is levied on the Offer price and is charged for successful exchanges only. If an exchange’s outcome is an undesirable endstate, such as the Cancellation by the Buyer, Revoking of the exchange by the Seller, or the resolution of a dispute, no protocol fee will be charged.

The Protocol is designed to allow all participants to share in the value they create, with fees that are sufficient to sustain and grow the project, and with community governance that ensures Boson remains minimally extractive, forever. This is a crucial step in the progressive decentralisation towards community governance via the Boson Protocol DAO.

Proposal Details

Protocol Fee Parameter setting

Three options to vote on are:

Option A 0.5% Protocol fee

Option B 0.6% Protocol fee

Option C 0.7% Protocol fee

This vote will be a single-choice vote.