OXD PO6: Enable 5% fee on SOLID revenue paid to OXD/wFTM and SOLID/oxSOLID

Proposed Allocations:

• OXD/wFTM: 2.5%
• SOLID/oxSOLID: 2.5%

Abstract:

If adopted, this proposal would implement an additional 5% (2.5% to each pair) platform fee on the SOLID earned by LPs and allocate it to OXD/wFTM and SOLID/oxSOLID LP stakers, paid out in oxSOLID. More information on 0xDAO platform fees can be found here: https://docs.oxdao.fi/general-information/platform-fees

Motivation:

The motivation of this proposal is to further incentivize native token liquidity, in order to increase stability and Total Value Locked on the platform. An increase in TVL will also generate more SOLID revenue for the protocol.

The intended outcome of the fee adjustment are as follows:

• Incentive to stake protocol LPs
• Deeper liquidity in 0xDAO native assets
• Less volatility on oxSOLID swapping
• Increased protocol owned SOLID