Making Protocol Fees Operational: Fee options for V3

These three polls are related to GFX Labs' post, Making Protocol Fees Operational.

Poll 1: Fee options for V3 Poll 2: Initial deployment chain Poll 3: Asset to be held in the treasury

We invite all voters to express their opinions by voting on these three polls. Once the polls are closed, we'll use the polling data to propose a formal Temperate Check.

How do protocol fees work?

V3 sets fees on a pool-by-pool basis, with a fee of 0 as the default. The fee may be set to 0, 4, 5, 6, 7, 8, 9, or 10. This is interpreted as one over the specified number. For example, a 100bps fee tier pool with a parameter of 5 would be a 20% protocol share of the fee, and thus would be 20bps to the protocol and 80bps to LPs. Another example is a 30bps fee tier pool with a parameter of 10 would be a 10% protocol fee and thus would be 3bps to the protocol and 27bps to LPs.

Note that inserting a protocol fee does not increase the fees paid by users.

start

May 25, 2023

5:05 PM

end

June 1, 2023

5:05 PM

Voting

off-chain

Voting type

single-choice

Voters

4,660

Votes

40,674,745

Final Votes

closed

1/5

17.2M UNI

42.34%

1/6

16K UNI

0.04%

1/10

5M UNI

12.3%

No Fee

18.4M UNI

45.32%

item label

Placeholder title of a dao proposal

DAO name

0x000000000000

Mon 00, 2024 00:00

About Voters Analytics

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Voting

100,000

Voting type

100,000

Starts in

100,000

Voters

1,000,000

Votes

1,000,000

Votes

Choice label

TICKER

100%

Choice label

TICKER

100%

Choice label

TICKER

100%