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RE: SPS Governance Proposal - Reduce SPS to DEC Conversion Fee

in #spsproposal6 months ago

I agree the percentage of this conversion fee should be set by the DAO... not sure it was set by the DAO originally so it seems way better we're doing it now.

I'm not sure if .5% is the right amount and sadly DAO votes are a yes no instead of a vote on a certain amount. My heart leans a bit more toward 1% so that we can see some burned while being low enough to not be a barrier to do the conversion that i feel like 2.5% is. (I assume the fee is burned??... it should be indicated on the UI if so)

I think we should all be willing to change this fee up or down as we see the results of this next change.

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Agreed on all points.

I agree, i think .5 is not enticing enough but am also thinking like we need to start burning lol