|Author||Justin J Moses|
Reduce exchange fees of trades into
0.3% to align with all other non-crypto synths.
Other synths in the Synthetix protocol - forex, commodities, equities and indexes - are all based on
0.5% deviations on their respective Chainlink networks yet all use
0.3% exchange fees. The BTCUSD network has recently been lowered to use a
0.5% deviation to be in line with ETHUSD, so it seems timely to a) reduce the fees on
iBTC to match
iETH and b) reduce them both to
0.3% to line up with the rest of the non-crypto synths using
Copyright and related rights waived via CC0.