Proposal: Increase Trading Fee in steps on the LPL pool from 1% to 5%

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)?

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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

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?

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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?

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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.

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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.

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This pool is producing a great amount of fees

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The experiment is now over.

Now its time to dig into the results.

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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.



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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?

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