To be posted to Snapshot on 2026-05-10T13:00:00Z
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:
USDT/USN
USDT/sUSN
USN/sUSN
trading pairs on the Carbon DeFi deployment on TAC.
Overview:
The default taker fee on Carbon DeFi TAC 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.
USDT/USN
USDT/sUSN
USN/sUSN
What is USDT?
On TAC, a bridged form of USDT exists. This is considered the canonical form of USDT.
What is USN?
US Noon, or USN, is Noon’s stablecoin. It maintains a 1:1 peg to the US Dollar. USN is deployed on Ethereum, ZKSync, Sophon, TAC & Starknet.
What is sUSN?
USN can be staked via the Noon dApp. Staking USN gives users access to a staking token, sUSN.
More Details: Our stablecoin: USN (& sUSN) | Noon
USDT:
USN:
sUSN:
FOR: Update the taker fee to .001% on the following trading pairs USDT/USN, USDT/sUSN, USN/sUSN
AGAINST: Take no Action