Executed

Reduce Flash Mint Fee to .5% and Flash Redeem Fee to 5%


Proposal ID

42

Proposed

Feb 23rd, 2025

Result details
Final Votes

Quorum

763.95K of 600K

Majority support

Yes

For

763.95K

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0xE229...ef6c

updateVaultUnderlyingToPerpSwapFeePerc(..)

Custom

Account

0xE229...ef6c

Method

updateVaultUnderlyingToPerpSwapFeePerc(..)

Custom

0xE229...ef6c

updateVaultPerpToUnderlyingSwapFeePerc(..)

Custom

Account

0xE229...ef6c

Method

updateVaultPerpToUnderlyingSwapFeePerc(..)

Proposal

Proposal to reduce Flash Mint fee from 2.5% to 0.5% and Flash Redeem fee from 10% to 5%. The goal being to increase SPOT supply efficiency and increase overall system adaptability.

Final Votes

Quorum

763.95K of 600K

Majority support

Yes

For

763.95K

Against

0

Abstain

0

Final Votes
Status

Sun Feb 23, 04:51 pm

Draft created

Sun Feb 23, 04:51 pm

Published onchain

Fri Feb 28, 01:36 am

Voting period started

Sun Mar 2, 07:18 pm

Voting period ended

Fri Feb 28, 07:43 am

Proposal queued

Sun Mar 2, 07:44 am

Proposal executed