Proposal 5: TIP5 - Reduce trading fees for LON pairs
Background
Tokenlon protocol charges a standard trading fee of 0.3% for LON pairs. To take advantage of the recent public attention towards LON, the core team proposes to reduce the trading fees for LON pairs as part of our Spring Festival campaign. Reduced fees should help Tokenlon offer more competitive rates for LON pairs, therefore attracting more people to trade LON on Tokenlon.
Goal
Let the community decide on the trading fees for the LON pairs
Proposed Action Items
Make changes based on the voting results of the proposal. It will take effect for 4 weeks, from 2021.2.4 11:00 UTC to 2021.3.4 11:00 UTC.
Voting Rules
- Only the addresses that hold more than 0 LON can vote.
- LON not in your address because of liquidity mining or other reasons can’t vote.
- LON balance snapshot block: 11775715
- Voting start time: 2021.2.2 9:00 UTC
- Voting end time: 2021.2.4 9:00 UTC
Voting Options
- A. Maintain standard trading fees for LON pairs at 0.3%
- B. Reduce standard trading fees for LON pairs to 0.2%
- C. Reduce standard trading fees for LON pairs to 0.1%
Voting page
Proposal 6: TIP6 - Reduce trading fees for trading between stablecoins
Background
Tokenlon has now integrated liquidity from Uniswap, Curve and Sushiswap, in addition to its RFQ network of professional market makers. It allows Tokenlon to support exchange between popular stablecoins for more than $10m per trade with extremely low slippage (not enabled on the front end yet).
Tokenlon protocol charges a standard trading fee of 0.3% for trading between stablecoins. To make inter-stablecoin trading more attractive to users, the core team proposes to reduce the fees so that exchange rates between stablecoins can be more competitive at Tokenlon.
Goal
Let the community decide on the trading fees for trading between stablecoins.
Proposed Action Items
Make changes based on the voting results of the proposal to take effect at 2021.2.4 11:00 UTC
Voting Rules
- Only the addresses that hold more than 0 LON can vote.
- LON not in your address because of liquidity mining or other reasons can’t vote.
- LON balance snapshot block: 11775715
- Voting start time: 2021.2.2 9:00 UTC
- Voting end time: 2021.2.4 9:00 UTC
Voting Options
- A. Maintain trading fees for trading between stablecoins at 0.1%
- B. Reduce trading fees for trading between stablecoins to 0.08%
- C. Reduce trading fees for trading between stablecoins to 0.06%
- D. Reduce trading fees for trading between stablecoins to 0.04%
Voting page
If you have any questions, feel free to contact us by joining our Discord community.
Tokenlon,
2021.02.02