Kyber Network Crystal V2 is a digital cryptocurrency, a deflationary coin for betting, where the subsequent burning of assets is formed as part of the actual use of the system and the expansion of DeFi. Kyber Network Crystal V2 is a fully decentralized adaptive business model characterized by transparency and accessibility.

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Summary Trading fees is an important element influencing liquidity providers (LPs) and liquidity growth on KyberSwap, while incentivizing governance participation on KyberDAO. Currently, 10% of the KyberSwap fees collected from trades through liquidity pools are sent to KyberDAO to be used as voting rewards and the other 90% going to LPs.  This KIP proposes that 6% of the current fees allocated to liquidity providers (LPs) be repurposed to KyberDAO instead; with the new overall fee ratio being 1...

[Discussion] KIP-22: Revising % Fee Ratio between KyberDAO and LPs

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Discuss KIP-22: Revising % Fee Ratio between KyberDAO and LPs

Discussion is open for our upcoming KIP which proposes a new % fee ratio between @KyberDAO and liquidity providers (LPs) to further drive KyberSwap adoption.
➡️84% to LPs
➡️16% to KyberDAO (6% for KyberSwap operations)

Leave your comments here: https://gov.kyber.org/t/discussion-kip-22-revising-fee-ratio-between-kyberdao-and-lps/1305

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Discuss KIP-22: Revising % Fee Ratio between KyberDAO and LPs.