SIP-319: Core System Fee Capture Mechanisms
|Network||Ethereum & Optimism|
|Implementor||Noah Litvin (@noahlitvin)|
This SIP proposes adding functionality for governance to set custom fee capture strategies when stablecoins are minted, burned, deposited, and withdrawn.
The intent of this proposal is to provide governance with maximum flexibility in controlling fees where they may be levied by the core protocol.
By relying on a standardized interface for a smart contract to process fees, governance will be able to update the distribution of fees in addition to the amount of fees collected. The fee recipient could be an EOA, a rewards distributor, or any other smart contract.
Each of the
withdrawMarketUsd functions will have a corresponding fee percentage value and fee recipient address.
On each of the actions, this percentage of stablecoins will be transferred to the recipient address.
Fees will be effectively debited from LPs such that the exact amount specified by the caller is provided.
withdrawMarketUsd will be updated to return the amount of fees paid to the protocol such that the market could pass these fees on to traders. The
getWithdrawableMarketUsd function should be updated to take into account
Configurable Values (Via SCCP)
Copyright and related rights waived via CC0.