SCCP-179: Update Futures Fees
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Optimism |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2022-04-07 |
Simple Summary
Increase the makerFeeNextPrice and takerFeeNextPrice to 20 bp on LINK, ETH and BTC futures.
Abstract
The makerFeeNextPrice and takerFeeNextPrice are the fees paid by traders when filled for next price futures orders, they do not affect fees paid by traders when they execute immediately.
Motivation
Traders can use next price orders in order to hedge arbitrage of trades with immediate execution orders. Raising fees on next price orders fees helps lean against those arbitrage patterns.
Copyright
Copyright and related rights waived via CC0.