# Proposal: Increase Trading Fee in steps on the LPL pool from 1% to 5% **URL:** \ **Category:** DAO Archive (SUBMITTED)\ **Created:** [July 22, 2022, 10:57pm UTC](https://gov.bancor.network/t/proposal-increase-trading-fee-in-steps-on-the-lpl-pool-from-1-to-5/3892 "2022-07-22T22:57:02Z")\ **Posts on this page:** 10\ **Page:** 2
**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 27, 2022, 3:52pm UTC](https://gov.bancor.network/t/proposal-increase-trading-fee-in-steps-on-the-lpl-pool-from-1-to-5/3892/22 "2022-07-27T15:52:04Z")
Added time and date to go out for Sunday. @animadunk can you please modify your original post with fee changes and the time interval that they need to occur (maybe weekly)? ---
**Author:** ![teamAsaf](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/teamasaf/32/14_2.png) [@teamAsaf](https://gov.bancor.network/u/teamAsaf)\ **Post date:** [July 28, 2022, 9:22am UTC](https://gov.bancor.network/t/proposal-increase-trading-fee-in-steps-on-the-lpl-pool-from-1-to-5/3892/23 "2022-07-28T09:22:21Z")
look at the 24 and 7 day volume differences. seems that if the 0.3% pool liquidity was added to the 0.05% one, it would have been more beneficial for the LPs ---
**Author:** ![AnimaDunk](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/animadunk/32/164_2.png) [@AnimaDunk](https://gov.bancor.network/u/AnimaDunk)\ **Post date:** [July 28, 2022, 5:36pm UTC](https://gov.bancor.network/t/proposal-increase-trading-fee-in-steps-on-the-lpl-pool-from-1-to-5/3892/24 "2022-07-28T17:36:42Z")
Hey @glenn , I just changed the proposal name, and I added the steps in how we want to tackle the increase is that enough info? ---
**Author:** ![AnimaDunk](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/animadunk/32/164_2.png) [@AnimaDunk](https://gov.bancor.network/u/AnimaDunk)\ **Post date:** [July 28, 2022, 5:40pm UTC](https://gov.bancor.network/t/proposal-increase-trading-fee-in-steps-on-the-lpl-pool-from-1-to-5/3892/25 "2022-07-28T17:40:38Z")
Hey @teamAsaf, My reasoning is that we basically already have a monopoly on liquidity. Uniswap is currently barely a competition on this pool. I did change the proposal though and have added a timeline in weekly steps on how we can tackle the fee changes. After 4 weeks we’d basically return to our 1% and we can analyze the results and decide which fee % maximized profit for our pool. Is that ok? ---
**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 28, 2022, 6:15pm UTC](https://gov.bancor.network/t/proposal-increase-trading-fee-in-steps-on-the-lpl-pool-from-1-to-5/3892/26 "2022-07-28T18:15:59Z")
Thanks, I think it looks good. I have asked @NIX to also take a look since he can help with the data gathering and analysis. I think 1 week between each fee change should get us enough information but if more is needed than we can adjust it. ---
**Author:** ![teamAsaf](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/teamasaf/32/14_2.png) [@teamAsaf](https://gov.bancor.network/u/teamAsaf)\ **Post date:** [July 31, 2022, 10:58am UTC](https://gov.bancor.network/t/proposal-increase-trading-fee-in-steps-on-the-lpl-pool-from-1-to-5/3892/27 "2022-07-31T10:58:23Z")
tbh, changing the fee on a leading pool to benefit the LPs can work well. it just needs to be carefully done to not overly hurt the traders eventually and scare them off. that being said, i support this change as long as we keep evaluating and can react if needed. ---
**Author:** ![foxsteven](https://avatars.discourse-cdn.com/v4/letter/f/838e76/32.png) [@foxsteven](https://gov.bancor.network/u/foxsteven)\ **Post date:** [August 16, 2022, 12:40pm UTC](https://gov.bancor.network/t/proposal-increase-trading-fee-in-steps-on-the-lpl-pool-from-1-to-5/3892/28 "2022-08-16T12:40:16Z")
This pool is producing a great amount of fees ---
**Author:** ![foxsteven](https://avatars.discourse-cdn.com/v4/letter/f/838e76/32.png) [@foxsteven](https://gov.bancor.network/u/foxsteven)\ **Post date:** [August 28, 2022, 10:41am UTC](https://gov.bancor.network/t/proposal-increase-trading-fee-in-steps-on-the-lpl-pool-from-1-to-5/3892/29 "2022-08-28T10:41:16Z")
The experiment is now over. Now its time to dig into the results. ---
**Author:** ![NIX](https://avatars.discourse-cdn.com/v4/letter/n/a183cd/32.png) [@NIX](https://gov.bancor.network/u/NIX)\ **Post date:** [August 30, 2022, 12:14pm UTC](https://gov.bancor.network/t/proposal-increase-trading-fee-in-steps-on-the-lpl-pool-from-1-to-5/3892/30 "2022-08-30T12:14:43Z")
Average Daily Volume and Fees for the LPL pools on V2 and V3 Single-sided volume and fees - makes the data intuitive for fee rates. Averages are calculated for the duration of a particular fee rate - as per the contract changes. ![v2_LPL_equal](https://europe1.discourse-cdn.com/flex013/uploads/bancordao/original/2X/c/cdcfd63749661bbb9380ca42c3891e6559ebbfba.png) ![v3_LPL_equal](https://europe1.discourse-cdn.com/flex013/uploads/bancordao/original/2X/6/6b76b11ab49e52f7ddbe544b6470896d06204a0d.png) ![combined_LPL_equal](https://europe1.discourse-cdn.com/flex013/uploads/bancordao/original/2X/a/ab02e5349a8228d0baf95df159e9fc290451bb36.png) ---
**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 30, 2022, 12:59pm UTC](https://gov.bancor.network/t/proposal-increase-trading-fee-in-steps-on-the-lpl-pool-from-1-to-5/3892/31 "2022-08-30T12:59:16Z")
What the charts are saying is that we saw the largest daily fees when this pool was set at 5%. @AnimaDunk want to create another proposal to set this pool to 5% permanently? [Previous page](https://gov.bancor.network/t/proposal-increase-trading-fee-in-steps-on-the-lpl-pool-from-1-to-5/3892.md?page=1)