SCCP-179: Update Futures Fees

Author
StatusImplemented
TypeGovernance
NetworkOptimism
ImplementorTBD
ReleaseTBD
ProposalLoading status...
Created2022-04-07

Simple Summary

Increase the makerFeeNextPrice and takerFeeNextPrice to 20 bp on LINK, ETH and BTC futures.

Abstract

The makerFeeNextPrice and takerFeeNextPrice are the fees paid by traders when filled for next price futures orders, they do not affect fees paid by traders when they execute immediately.

Motivation

Traders can use next price orders in order to hedge arbitrage of trades with immediate execution orders. Raising fees on next price orders fees helps lean against those arbitrage patterns.

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