Since the launch of Prisma, the DAO’s veCRV position has only grown by 10,411.41 CRV. Currently the CRV emissions for LP receivers are very small, usually less than 1%. I believe that right now depositors are attracted to PRISMA and not CRV, and so a substantial increase in the fee will not have a negative effect on TVL.
PRISMA emissions will not stay high forever. In this initial period with such high emissions, I feel the DAO should be capturing as much CRV as possible for itself. In the future when yields decrease, we can lower the fee, and we will be glad to have extra veCRV to vote for more emissions for Prisma!
Read more: https://gov.prismafinance.com/t/pip-011-increase-curveproxy-crvfeepct-to-50/79