A repeal of BIP4: Decision to uphold flexible fee structures to optimize market making activities

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The USDT pool owner, nikolaalx, provided comments on the BIP4 discussion board on 28/10/2020, two days after the voting had ended:

A prospective BIP4: Standardize trading fees in order to increase trading volume

I couldn’t help noticing that this discussion, for the most part, is based on assumptions made from non Liquidity providers about liquidity providers. This is why I decided to share my input. We are one of the few big liquidity providers. We provide liquidity to 2 pools. The combined liquidity is usually in the $500,000. If the fees are pegged to 0.15% that would automatically wipe the fragile economy for both pools that we own, and the proposed change would cause a spiral downfall in liquidi…