SIP-3 Reduce Trading Fees
To better compete with Curve, and as a lot of community members have suggested, this proposal seeks to reduce the trading fee from currently set 0.04% to a lower amount to encourage adoption of Swerve as the go-to pool to trade stable-coins by offering the best rates.
Lower fees should offer a minute competitive advantage to Swerve's SWUSD pool in competition to Curve's Y Pool.
Off-Chain Vote
0.010 %
0 0%
0.020 %
18.5 18.5%
0.0250 %
0.06 0.1%
0.0275 %
3.56 3.6%
0.030 %
77.19 77.2%
0.0350 %
0.03 0%
0.0375 %
0.2 0.2%
No Change
0.46 0.5%
Timeline
Sep 06, 2020Proposal created
Sep 06, 2020Proposal vote started
Sep 09, 2020Proposal vote ended
Jan 23, 2024Proposal updated