Increase Spookyswap trading fee to 0.25%

Currently Spookyswap takes a 0.2% fee significantly below the market average. Spiritswap: 0.3% TraderJoe: 0.3%

Currently the 0.2% fee is split: -0.17% to Liquidity Providers -0.03% to xBOO stakers

New 0.25% fee split proposed (Open to discussion): -0.20% to Liquidity Providers -0.05% to xBOO stakers

If this proposal passed xBOO stakers would get 66.7% more revenue. In theory this should increase BOO price and therefore increase revenue even more than 0.03% for LPs.

As a daily user of Spookyswap, I don't think a 0.05% fee increase would put me off at all. I use Spooky for the amazing user experience, the team and the unmatched liquidity.

With new Protocols like SOLID launching, we need to keep innovating, and maximising value for xBOO holders and LPs. Ask yourself this, do you think people would stop using Spookyswap due to this fee increase? IMO not at all.

Thanks for reading, Have a good day :)