Summary of the Proposal: This proposal aims to activate transaction fees on the BIM Protocol bridge, ranging from 0.25% to 0.5% based on the amount of BIM held by users. The objective is to introduce a sustainable revenue model while ensuring minimal impact on user transactions.
Context: The BIM Protocol bridge has operated without transaction fees since its inception, impacting the protocol's revenue potential. Activating these fees aligns with industry standards and supports the long-term sustainability of the BIM ecosystem.
Proposal Details: The proposal suggests implementing transaction fees of 0.25% to 0.5% on bridge transactions, proportional to the amount of BIM tokens held by users. These fees will be used to support ongoing protocol development and maintenance.
Voting Options: Yes, activate the proposed transaction fees. No, do not activate transaction fees on the bridge.
Voting Process: BIM token holders are invited to vote for one of the two options. The vote will determine BIM Protocol's strategy for activating bridge fees.
Voting Instructions:
Voting Period: Voting will begin on [09/07/2024] and conclude on [12/07/2024]
We encourage every member of the BIM Protocol community to participate in this crucial vote. Your voice will guide the future of our platform and strengthen our position in the blockchain ecosystem.