We propose lowering StableSwap fees from 0.15% to 0.01%. Currently, StableSwap has provided stability and support to our stablecoin transactions. However, in order to provide a better trading experience for PancakeSwap users and increase competitiveness, we are proposing to reduce fees on StableSwap.
After careful analysis, we are proposing to reduce the fees for StableSwap for the following reasons:
The following tables will show the fee changes for our StableSwap pools:
Current StableSwap Fees
| StableSwap Pair | Trading Fees | LP Rewards | CAKE Buyback | PancakeSwap Treasury |
|---|---|---|---|---|
| USDT-BUSD | 0.15% | 0.075% | 0.06% | 0.015% |
| USDC-BUSD | 0.15% | 0.075% | 0.06% | 0.015% |
| USDT-USDC | 0.15% | 0.075% | 0.06% | 0.015% |
Proposed StableSwap Fees
| StableSwap Pair | Trading Fees | LP Rewards | CAKE Buyback | PancakeSwap Treasury |
|---|---|---|---|---|
| USDT-BUSD | 0.01% | 0.005% | 0.004% | 0.001% |
| USDC-BUSD | 0.01% | 0.005% | 0.004% | 0.001% |
| USDT-USDC | 0.01% | 0.005% | 0.004% | 0.001% |
Farm Emissions will be reviewed to ensure attractiveness to LPs.
PancakeSwap aims to adjust StableSwap to the proposed rates 3 days after voting concludes.
Before you vote, please make sure you understand the impact of the long and short-term effects of StableSwap fee reduction
1️⃣ Read and digest the StableSwap Documentation
2️⃣ Read this proposal in full;
3️⃣ Make up your mind, and cast your vote!