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DEUS Finance DEUS Finance by0x1164fe7a76D22EAA66f6A0aDcE3E3a30d9957A5f0x1164…7A5f

Lowering Trading Fees

Voting ended over 4 years agoSucceeded

At dSynths, our aim is to bring decentralized markets to the masses. As of right now, the trading fees are set to 1% and we believe this forms a barrier to entry for many traders.

Before you continue reading this snapshot, please read the following article very carefully:

https://medium.com/@dsynths/introducing-dsynths-lowering-trading-fees-7564e8751d10

Not only do we (dSynths) introduce ourselves in the article, but we also highlight the pros and cons of having a reduced fee structure from a security point-of-view. The bottom line is that the ultimate fee percentage should lie within the range of 0% and 1%.

We propose to set the trading fee to 0.1% for as long as the system permits it. More context to this proposal is, once again, described in the linked article.

There are 3 options provided in this snapshot:

  1. Agree with the proposal entirely.
  2. Agree with the proposal's goal, but use a different percentage. If this vote wins, raise your voice in the DEUS Community so we can submit a new snapshot!
  3. Disagree with everything, and leave the current system as the way it is right now.

Off-Chain Vote

Set trading fee to 0.1%
275.66K 100%
Agree, but use different %.
0 0%
Disagree, leave fee as-is.
0 0%
Download mobile app to vote

Timeline

Oct 22, 2021Proposal created
Oct 22, 2021Proposal vote started
Oct 29, 2021Proposal vote ended
Oct 26, 2023Proposal updated