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The Convex Finance community opens a vote on the proposal to increase the FXS Protocol treasury fee from 17% to 20%
2023-09-15 11:19
Odaily News The Convex Finance community has opened voting on the proposal to increase the FXS Protocol treasury fee from 17% to 20% (as of 11:05 on September 19). Currently, more than 99% of the votes support adjusting the fee structure. In addition, the proposal also proposes to reduce the vlCVX share from 7% to 5%; the remaining 5% of the boost fee belongs to the Treasury; and a 5% fee is added to the Treasury based on the veFXS fee income.