I agree that we could probably do with increasing the co-investment on this pool; however, I don’t think such a drastic fee hike is necessary. We’re talking about 500% the current fee; I’d be more okay with a fee of between 0.30% and 0.50% (150-250% the current fee), if we really need to increase the fee. We know that lower fees tend to attract more volume, and higher fees tend to attract more depth. Considering how quickly this one filled, I don’t think we really have a problem attracting depth to this pool. But if you look at the 24h utilization (the 24h volume over the depth), it’s a low ~1.82%. Compared to:
- DAI: ~5.51%
- ENJ: ~2.52%
- ROOK: ~4.63%
- wNXM: ~0.08%
- BAT: ~1.11%
To me this indicates that we need to attract more trading volume.