# Proposal: Expand Custom Taker Fee on Stable to Stable Trades On Sei v2 - Native USDC **URL:** \ **Category:** DAO Archive (SUBMITTED)\ **Created:** [July 31, 2025, 7:33pm UTC](https://gov.bancor.network/t/proposal-expand-custom-taker-fee-on-stable-to-stable-trades-on-sei-v2-native-usdc/4942 "2025-07-31T19:33:37Z")\ **Posts on this page:** 2\ **Page:** 1
**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:** [July 31, 2025, 7:33pm UTC](https://gov.bancor.network/t/proposal-expand-custom-taker-fee-on-stable-to-stable-trades-on-sei-v2-native-usdc/4942/1 "2025-07-31T19:33:37Z")
To be posted to Snapshot August 10th, 2025 ### TL;DR: A previous proposal was 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 pair(s) on Sei v2. This proposal is looking to expand that list with the newly launched Native USDC and possible combinations of Native USDC with other popular stablecoins (USDC.n, kavaUSDT, and USDT0). ### Overview: The default taker fee on Carbon DeFi Sei v2 deployment is 0.4% which means that anyone taking an order from the protocol has to pay this amount. A previous proposal: > [@Proposal: Expand Custom Taker Fee on Stable to Stable Trades On Sei v2 - USDT0](https://gov.bancor.network/t/proposal-expand-custom-taker-fee-on-stable-to-stable-trades-on-sei-v2-usdt0/4895): > > To be posted to Snapshot 2025-04-13T13:00:00Z (UTC) TL;DR: A previous proposal was 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 pair(s) on Sei v2. This proposal is looking to expand that list with the new to be launched USDT0 and possible combinations of USDT0 with other popular stablecoins (USDC, KAVA-USDT). Overview: The default taker fee on Carbon DeFi Sei v2 deployment is 0.4% which means that anyone taking an … was 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 list currently encompasses the following trading pairs: USDC.n / kavaUSDT USDC.n / USDT0 USDT0 / kavaUSDT This proposal is seeking to expand the custom taker fee to these other stable pairs. Native USDC / USDC.n Native USDC / USDT0 Native USDC / KavaUSDT What is Kava USDT? On Sei Mainnet, a bridged form of USDT exists, which has been bridged from Kava via IBC. What is USDT0? USDT0 is the official standard for USDT on Sei Mainnet. It’s backed 1:1 by locked assets on Ethereum and ensures seamless interoperability across blockchain networks via the LayerZero protocol. What is Native USDC? The official form of USDC on Sei Mainnet issued by Circle, backed 100% by highly liquid cash and cash-equivalent assets and always redeemable 1:1 for US dollars. What is USDC.n? In the case of Sei Mainnet, there exists a bridged form of USDC known as USDC via Noble (USDC.n), which is USDC that has been bridged from Noble. What are the smart contract addresses for these tokens? Native USDC: > **[Address details | Address 0xe15fC38F6D8c56aF07bbCBe3BAf5708A2Bf42392 | Seitrace](https://seitrace.com/address/0xe15fC38F6D8c56aF07bbCBe3BAf5708A2Bf42392?chain=pacific-1)** > > View the transactions, token transfers, Token holdings, associated address and other data for address 0xe15fC38F6D8c56aF07bbCBe3BAf5708A2Bf42392 on SeiTrace USDC.n: > **[Token USDC via Noble (USDC.n) Tracker | Seitrace](https://seitrace.com/token/0x3894085Ef7Ff0f0aeDf52E2A2704928d1Ec074F1?chain=pacific-1)** > > Track USDC via Noble (USDC.n) on Sei Network with Seitrace. View real-time token analytics including total supply, holder count, price history, and market data KAVA-USDT: > **[Token IBC Bridged USDT (kavaUSDT) Tracker | Seitrace](https://seitrace.com/token/0xB75D0B03c06A926e488e2659DF1A861F860bD3d1?chain=pacific-1)** > > Track IBC Bridged USDT (kavaUSDT) on Sei Network with Seitrace. View real-time token analytics including total supply, holder count, price history, and market data USDT0: > **[Address details | Address 0x9151434b16b9763660705744891fA906F660EcC5 | Seitrace](https://seitrace.com/address/0x9151434b16b9763660705744891fA906F660EcC5?chain=pacific-1)** > > View the transactions, token transfers, Token holdings, associated address and other data for address 0x9151434b16b9763660705744891fA906F660EcC5 on SeiTrace #### FOR: Update the taker fee to .001% on the following trading pairs Native USDC / USDC.n, Native USDC / USDT0, and Native USDC / KavaUSDT #### AGAINST: Take no Action ---
**Author:** ![foxsteven](https://avatars.discourse-cdn.com/v4/letter/f/838e76/32.png) [@foxsteven](https://gov.bancor.network/u/foxsteven)\ **Post date:** [September 2, 2025, 6:05am UTC](https://gov.bancor.network/t/proposal-expand-custom-taker-fee-on-stable-to-stable-trades-on-sei-v2-native-usdc/4942/2 "2025-09-02T06:05:23Z")
This was implemented.