Protocol Fee Change for tfBILL Integration

Author: Adapt3r Digital

Specification and Requirements:

Waive the protocol fee for tfBILL for the first 90 days and reduce protocol fee to 0.20% indefinitely.

Summary:

This proposal seeks approval for a protocol fee holiday for the upcoming launch of the tfBILL product.

We believe hosting a scalable, liquid, low-risk strategy like tfBILL will benefit the liquidity and success of all current and future vaults on TrueFi, and given the magnitude of its strategic importance, we are seeking a reduction of the standard 0.50% protocol fee to 0.20% along with a 90 day fee holiday. This change will not affect existing products.

Motivation:

Adapt3r Digital, a forward-thinking asset manager, is seeking to make the tfBILL product central to the TrueFi ecosystem. In the last six months, tokenized treasury bill products have become a highly competitive space.