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PICKLEPICKLEby0xeb8eFA8CAD41e89986aEF7E896A06fB2f1f7e9320xeb8e…e932

[PIP-16] Revised Fee Structure

Voting ended over 5 years agoSucceeded

PIP Discussion

This proposal seeks to:

  1. Remove the withdrawal fee
  2. Raise the profit fee to 27.5%
    • 20% to the Treasury
    • 7.5% to the Dev Fund.

Keep in mind that any amount over the $500k Treasury cap will go towards Pickle stakers as per PIP-15.

The primary motivating factor for this proposal is that withdrawal fees are very unpopular and act as a psychological barrier for people who may want to enter the Pickle ecosystem.

Off-Chain Vote

Implement proposed fee structure
619.94 85.3%
Do nothing
106.59 14.7%
Download mobile app to vote

Timeline

Oct 31, 2020Proposal created
Oct 31, 2020Proposal vote started
Nov 02, 2020Proposal vote ended
Oct 26, 2023Proposal updated