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SIP Title Author Status Track Created
0062
Zero Fee Floor Update, May 12
Edan Yago (@YagoBit)
Ready for vote
Contract
2023-05-12

SIP-0062: Zero Fee Floor Update, May 12

Background:

Following the Zero Governance call held on May 10’th - there was clear consensus for the following recommendation to Bitocracy:

  • Maintain the Origination fee - Base: 5%; Max 7.5%
  • Reduce the redemption fee - Base: 1.0%

Code changes:

  • Updating REDEMPTION_FEE_FLOOR from 1.9% to 1%

License:

Copyright and related rights waived via CC0.