| SIP | 0062 |
|---|---|
| Title | Zero Fee Floor Update, May 12 |
| Author | Edan Yago (@YagoBit) |
| Status | Ready for vote |
| Track | Contract |
| Created | 2023-05-12 |
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%
- Updating REDEMPTION_FEE_FLOOR from 1.9% to 1%
Copyright and related rights waived via CC0.