# Fee Change on FTT (FTX TOKEN) to .5%

**URL:** <https://gov.bancor.network/t/fee-change-on-ftt-ftx-token-to-5/2712>\
**Category:** DAO Archive (SUBMITTED)\
**Created:** [August 4, 2021, 5:50pm UTC](https://gov.bancor.network/t/fee-change-on-ftt-ftx-token-to-5/2712 "2021-08-04T17:50:36Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![eldude](https://avatars.discourse-cdn.com/v4/letter/e/c6cbf5/32.png) [@eldude](https://gov.bancor.network/u/eldude)\
**Post date:** [August 4, 2021, 5:50pm UTC](https://gov.bancor.network/t/fee-change-on-ftt-ftx-token-to-5/2712/1 "2021-08-04T17:50:36Z")

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To be pushed to Snapshot on August 8th

Hello Happy Bancor Frens:

We currently have a pool for FTT: [FTX Token price today, FTT live marketcap, chart, and info | CoinMarketCap](https://coinmarketcap.com/currencies/ftx-token/)

 ![image](https://europe1.discourse-cdn.com/flex013/uploads/bancordao/original/2X/c/c3c87e709e10e35da092586359e96a17ac854433.png)

However, the pool has under $1,000 of space for FTT LPs and isn’t really attractive given the tiny pool size and low volume.

I hope to solve this in 2 steps:

Step 1 (this proposal): Change the fee to .5% to make a decent APR.

Step 2 (in the coming weeks): Once the pool has some time with the new fee, I will write a proposal for increased co investment. At that point, I hope the APY will be large enough to attract much more liquidity.

Vote FOR to change the fee to .5%  
Vote AGAINST to keep the fee as is

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**Author:** ![glenn](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/glenn/32/1720_2.png) [@glenn](https://gov.bancor.network/u/glenn)\
**Post date:** [August 5, 2021, 4:40am UTC](https://gov.bancor.network/t/fee-change-on-ftt-ftx-token-to-5/2712/2 "2021-08-05T04:40:46Z")

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Would it be better for us to do a co-investment increase first? If the pool has no space at the moment:

![image](https://europe1.discourse-cdn.com/flex013/uploads/bancordao/original/2X/5/5842cfd3fe4f35745fbbbf4352a749c419e0a813.png)

then that means that there is a demand from FTT holders to stake single sided with IL protection. A co-investment increase should help us get more depth and lead to more volume (which ultimately means more fees). The other DEXes don’t have much liquidity for this token:

![image](https://europe1.discourse-cdn.com/flex013/uploads/bancordao/original/2X/a/a02f4fe9c12f34d05aec620e5a2f83bacac773ba.png)

so it should relatively easy for us to attract these LPs once we open up space.