To be posted to Snapshot on 2026-06-07T14:00:00Z
TL;DR:
Previous proposals have been brought up to the Bancor DAO that set a 0.001% (1/10th of a basis point) fee on stable to stable trades for certain trading pairs.
This proposal is looking to expand on these previous proposals by setting a lower fee on the following:
USDS/USDT
USDS/USDC
USDS/DAI
USDe/USDT
USDe/USDC
USDe/USDS
PYUSD/USDT
PYUSD/USDC
PYUSD/USDS
USDG/USDT
USDG/USDC
USDG/USDS
RLUSD/USDT
RLUSD/USDC
RLUSD/USDS
GHO/USDT
GHO/USDC
GHO/USDS
trading pairs on the Carbon DeFi deployment on Ethereum.
Overview:
The default taker fee on Carbon DeFi Ethereum deployment is 0.2% which means that anyone taking an order from the protocol has to pay this amount. Previous proposals:
https://gov.bancor.network/t/custom-taker-fee-on-stable-to-stable-trades/4370
https://gov.bancor.network/t/proposal-expand-custom-taker-fee-on-stable-to-stable-trades/4540
have been brought up to the Bancor DAO to lower this fee to 0.001% on stable to stable trades for certain trading pairs in order to make Carbon DeFi more competitive with stable to stable swaps that are normally lower across all DEXs.
This proposal is seeking to expand the custom taker fee to these other stable pairs.
USDS/USDT
USDS/USDC
USDS/DAI
USDe/USDT
USDe/USDC
USDe/USDS
PYUSD/USDT
PYUSD/USDC
PYUSD/USDS
USDG/USDT
USDG/USDC
USDG/USDS
RLUSD/USDT
RLUSD/USDC
RLUSD/USDS
GHO/USDT
GHO/USDC
GHO/USDS
What is Sky Dollar USDS?
USDS is Sky’s upgraded successor to DAI, minted 1:1 from DAI or against the same Maker vault system of RWA, USDC, and crypto collateral.
What is Ethena USDe?
USDe is a synthetic dollar that stays near $1 by hedging crypto collateral with equal short positions on derivatives exchanges; yield comes from funding rates.
What is PayPal USD?
PYUSD is PayPal’s regulated dollar stablecoin issued by Paxos, redeemable 1:1 and backed by U.S. Treasury reverse repos and cash deposits.
What is Global Dollar?
USDG is Paxos’s MAS-regulated Global Dollar stablecoin, redeemable 1:1 in USD through Paxos Singapore with reserves at DBS and Standard Chartered.
What is Ripple USD?
RLUSD is Ripple’s NYDFS-chartered dollar stablecoin redeemable 1:1 and backed by USD deposits, cash equivalents, and short-term U.S. Treasuries.
What is GHO?
GHO is Aave’s decentralized dollar stablecoin, minted by borrowing against any Aave V3 collateral, with peg defended by stablecoin-backed stability modules.
USDS: USDS Stablecoin (USDS) | ERC-20 | Address: 0xdC035D45...1e407384F | Etherscan
USDe: USDe (USDe) | ERC-20 | Address: 0x4c9edd58...bff1e68b3 | Etherscan
PYUSD: PayPal USD (PYUSD) | ERC-20 | Address: 0x6c3ea903...a0e23a0e8 | Etherscan
USDG: Global Dollar (USDG) | ERC-20 | Address: 0xe3431676...28795491D | Etherscan
RLUSD: RLUSD (RLUSD) | ERC-20 | Address: 0x8292Bb45...fF06317eD | Etherscan
GHO: ERC-20 Token | Address: 0x40D16FC0...D28aE6C2f | Etherscan
USDC: USDC (USDC) | ERC-20 | Address: 0xa0b86991...e3606eb48 | Etherscan
USDT: Tether USD (USDT) | ERC-20 | Address: 0xdac17f95...13d831ec7 | Etherscan
FOR: Update the taker fee to .001% on the following trading pairs USDS/USDT, USDS/USDC, USDS/DAI, USDe/USDT, USDe/USDC, USDe/USDS, PYUSD/USDT, PYUSD/USDC, PYUSD/USDS, USDG/USDT, USDG/USDC, USDG/USDS, RLUSD/USDT, RLUSD/USDC, RLUSD/USDS, GHO/USDT, GHO/USDC, GHO/USDS
AGAINST: Take no Action