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SwerveSwerveby0x6D3E136698beFEe231cD2E4E94bE0105D62FA01F0x6D3E…A01F

SIP-2 Swerve Treasury

Voting ended over 5 years agoSucceeded

To make the future development of Swerve Finance possible, and ensure sustainability, it is imperative to have a treasury to be utilised for all future development of the protocol.

This proposal seeks to enable an admin fee (currenlty set to 0) to be redirected to the treasury as a fraction of the current trading fee (0.04%), so for example a 50% admin fee would mean 0.02% from the collected 0.04% trading fee would go towards the treasury.

Please note, since admin fee is a % of trading fee, if the trading fee is changed in the future, the same change would take place in proportion on admin fees being redirected to treasury.

Mechanisms for the treasury would be discussed in the future if this proposal passes.

Off-Chain Vote

No Admin Fee
0 0%
1% Admin Fee for Treasury
0.07 0.1%
5% Admin Fee for Treasury
1.06 1.1%
10% Admin Fee for Treasury
5.86 5.9%
25% Admin Fee for Treasury
0.65 0.7%
35% Admin Fee for Treasury
70.74 70.7%
50% Admin Fee for Treasury
21.62 21.6%
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Timeline

Sep 06, 2020Proposal created
Sep 06, 2020Proposal vote started
Sep 09, 2020Proposal vote ended
Jan 23, 2024Proposal updated