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Governance · #5

Proposal to Update Swap Module Parameters – Increase Swap Fee

Passed ·MsgUpdateParams · ends 459d ago

Deposit 1000 PAXI
Quorum 33.4%
Pass threshold 50%
Veto threshold 33.4%

Current tally

Yes
100%
No
0%
Abstain
0%
No with veto
0%

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Keplr

Voting is closed for this proposal.

Summary

This proposal seeks to update the parameters of the Swap module by increasing the swap fee rate from 0.04% to 0.4% (40 basis points). The change aims to improve the sustainability of the liquidity pool and provide additional incentives for liquidity providers, while maintaining competitive trading conditions.