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SX.betSX.betby0x025b9FD9F1ed818d688e19c5F43c500bf44cEA470x025b…EA47

Lower Taker Fees to 2.00% & Eliminate Taker Fee Discounts

Voting ended about 3 years agoSucceeded

Summary:

  1. Lower fees paid on winnings by takers to 2.00% from 4.00%
  2. Eliminate taker fee discounts

As requested, this proposal will lower taker fees from 4.00% to 2.00%, while also eliminating fee discounts for takers. Both changes are being batched as it doesn't make sense to do just one or the other. Lowering the headline taker fee will make SX far more competitive for both existing users and newcomers alike, and brings SX in-line with other betting exchanges like Smarkets, etc. Removing the fee discounts (for takers only) cushions the blow in terms of fee capture for the protocol.

See discord for discussion

Off-Chain Vote

Yes
24.68M WSX100%
No
0 WSX0%
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Discussion

SX.betLower Taker Fees to 2.00% & Eliminate Taker Fee Discounts

Timeline

Mar 16, 2023Proposal created
Mar 16, 2023Proposal vote started
Mar 21, 2023Proposal vote ended
Oct 26, 2023Proposal updated