# TRAC Pool - Fee Changes

**URL:** <https://gov.bancor.network/t/trac-pool-fee-changes/3353>\
**Category:** Data and Analysis\
**Created:** [January 20, 2022, 6:52am UTC](https://gov.bancor.network/t/trac-pool-fee-changes/3353 "2022-01-20T06:52:49Z")\
**Posts on this page:** 3\
**Page:** 1

<div class="post-metadata">

**Author:** ![NIX](https://avatars.discourse-cdn.com/v4/letter/n/a183cd/32.png) [@NIX](https://gov.bancor.network/u/NIX)\
**Post date:** [January 20, 2022, 6:52am UTC](https://gov.bancor.network/t/trac-pool-fee-changes/3353/1 "2022-01-20T06:52:49Z")

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# TRAC Pool - Fee Changes

TLDR; We increased the TRAC Fees and made LPs additional $$$ even though the volume dropped.

## Intro

Recently, we have been experimenting with changes to the fee rate on the TRAC pool.  
An initial fee change in early December from 0.2% to 0.5% doubled the returns for LPs, so we set out to incrementally increase the fee over the course of a month. The following data shows the volume, ethereum market share and fees accrued for each of the fee changes implemented on the TRAC pool.

The plots show the average daily volume, market share (on ethereum) and the fees accrued. The maximum time frame (with equal duration either side) was used for calculations.

## Results

Raw data: [2022-01-19-TRAC Fee Change Analysis - Google Sheets](https://docs.google.com/spreadsheets/d/1eFM6ssobvJ0mwZem0aqg06pFHIXzbqFKCdtQDq_41E8/edit?usp=sharing)

 ![Average Daily VOLUME](https://europe1.discourse-cdn.com/flex013/uploads/bancordao/original/2X/4/454575effced69c267e20311c009b12ee6aca66c.png)

 ![Average Daily Market Share](https://europe1.discourse-cdn.com/flex013/uploads/bancordao/original/2X/c/cd03f030376f74271f386f1cca593a3202f1b3ad.png)

 ![Average Daily Fees Accrued](https://europe1.discourse-cdn.com/flex013/uploads/bancordao/original/2X/6/6f582fbbc7d5f184cd6996728cb42161c062fc78.png)

## Summary

The highest daily average fees were obtained at the highest (4%) fee rate - up over 8x from before the fee changes begun. This corresponded to a decrease in overall volume by approximately 55 - 65 % (comparing to volume before fee changes or max volume)

## Data Acquisition

Bancor Trades (all):

```auto
     select *
     from dex.trades
     where project = 'Bancor Network'
     and block_time BETWEEN '2020-01-01' and now() - INTERVAL '1 day'

```

Fee change events (all):

```auto
    select *
    from bancor."StandardPoolConverter_call_setConversionFee"
    where call_success = True

```

Daily DEX Volume for specific TKN:  
[https://dune.xyz/queries/355871](https://dune.xyz/queries/355871)

---

<div class="post-metadata">

**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:** [January 25, 2022, 6:13am UTC](https://gov.bancor.network/t/trac-pool-fee-changes/3353/2 "2022-01-25T06:13:49Z")

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@NIX,

Do you have any data to share on the fee changes for the other pools?

> cel  
> link  
> psp  
> amp  
> lpl  
> bat  
> ocean  
> zcn  
> stable pools

Thanks!

---

<div class="post-metadata">

**Author:** ![tfns](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/tfns/32/465_2.png) [@tfns](https://gov.bancor.network/u/tfns)\
**Post date:** [February 3, 2022, 1:00pm UTC](https://gov.bancor.network/t/trac-pool-fee-changes/3353/3 "2022-02-03T13:00:21Z")

</div>

Here’s some more data on the TRAC pool performance, the average daily volume and fees accrued in the pool for each swap fee that was set.

 ![image](https://europe1.discourse-cdn.com/flex013/uploads/bancordao/original/2X/8/89ac8d871bd70b8cc52a86ff69ff6bf10229d4ab.jpeg)