SIP-07 Add trading fees in SAKE sell orders

Voting ended over 5 years agoSucceeded

Trading fees of SAKE sell orders is proposed to upgrade the SAKE economic model. The value of SAKE is seriously undervalued, and the trading fee is designed to reduce market selling pressure and increase the income of LPs.

When selling SAKE, a certain percentage trading fees of SAKE selling amount will be deducted.
All SAKE accumulated by the sell orders will be burned and airdropped to SakeSwap LPs.
No effects on SAKE buy orders.

The options are:

Yes. 1% trading fees, 20% for airdrop and 80% for burn
Yes. 3% trading fees, 20% for airdrop and 80% for burn
Yes. 5% trading fees, 20% for airdrop and 80% for burn
No.

Off-Chain Vote

Yes. 1% trading fees, 20% for airdrop and 80% for burn

0 0%

Yes. 3% trading fees, 20% for airdrop and 80% for burn

227.44K 2.7%

Yes. 5% trading fees, 20% for airdrop and 80% for burn

8.18M 95.3%

172.63K 2%

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Timeline

Nov 04, 2020Proposal created

Nov 04, 2020Proposal vote started

Nov 05, 2020Proposal vote ended

Oct 26, 2023Proposal updated