Proposals of #243

Update USDC/USDT Fees

Exec Legacy Content
passed
Expected result
Turnout / Quorum
59.70% / 33.40%
Voting start 2023.08.08 at 21:08:20
Voting end 2023.08.12 at 21:08:20
95.89%
31 415 539 inj
Yes
0.20%
65 699 inj
No
0%
0 inj
Veto
3.91%
1 281 521 inj
Abstain

Details

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Proposer
inj17vytdwqczqz72j65s...
Total deposit
500 inj
Submit time
2023.08.07 at 23:08:20
Deposit end time
2023.08.09 at 23:08:20

Description

This proposal will adjust the fee rates for the USDC/USDT spot market to -0.01% and 0.1% for maker and taker rates respectively to enable the new fee discount program. Currently, the new fee discount schedules cannot be implemented due to the protocol fees from USDC/USDT falling short of the minimum required fees with discounts applied.

Votes

Voter
Answer