SCCP-166: Lower L2 Exchange fees to 25 bp
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Optimism |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2022-02-16 |
Simple Summary
Lower fees on exchanges into sBTC, sETH, sLINK, sSOL, and sUSD from 40bp to 25bp on Optimism; and lower exchangeDynamicFeeThreshold to 25bp on Optimism.
Motivation
Analysis of on-chain data has shown that with the implementation of SIP-184 for dynamic fees, lower base exchange fees are now feasible.
This SCCP proposes to lower base exchange fees for sBTC, sETH, sLINK, sSOL, and sUSD to 25bp on Optimism, and also lower the dynamic fee parameter exchangeDynamicFeeThreshold to 25bp.
Copyright
Copyright and related rights waived via CC0.