SCCP-262: Increase Spot sETH Fees
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Optimism |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2022-12-14 |
Simple Summary
This SCCP proposes to increase exchangeFeeRate on spot sETH from 25 bp to 35 bp. This is to be implemented along with the launch of perps v2.
Abstract
exchangeFeeRate is the fee rate applied on exchanges into a particular synth.
Motivation
Given the imminent release of perps v2, the aim is to minimize disruption via the off-chain circuit breakers where the suspension of the spot exchange disrupts perps-v2.
Copyright
Copyright and related rights waived via CC0.