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Keep3r NetworkKeep3r Networkby0x2D407dDb06311396fE14D4b49da5F0471447d45C0x2D40…d45C

Keep3r Options LM fee setting

Voting ended over 4 years agoSucceeded

Keep3r OLM fee is currently set to 50%. All fees earned are distributed to vKP3R holders.

With the growth of Fixed Forex, the activation of V3 incentives, and scaling up OLM, rKP3R distribution will also ramp up, for this reason it is suggested to increase the fee for rKP3R redemption to as high as 90%. Programs such as OlympusDAO have shown that users are willing to take positions for as little as a 4% bonus distributed over 1 week, with on average between 10% to 15% bonus. This inversely translates to a ~90% fee on claim.

This can also be reduced in the future should a high setting have an inverse reaction on fees collected.

Read more on OLM here https://github.com/keep3r-network/OptionsLM

Off-Chain Vote

90%
21.92K 99.3%
80%
7.56 0%
70%
141.98 0.6%
60%
0 0%
50%
0 0%
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Timeline

Nov 15, 2021Proposal created
Nov 15, 2021Proposal vote started
Nov 22, 2021Proposal vote ended
Oct 26, 2023Proposal updated