Fee increase one day maybe?

When new host chains come online, rewards will be generated when people move e.g. Bitcoin from Ethereum to Binance Smart Chain

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I initially thought a continuous fee would be a good idea, but then someone in Telegram pointed out that it would depeg renBTC from BTC. That can’t happen, at least not anytime soon.

I’m in favor of an algorithmically and incrementally variable mint/burn fee to get the virtuous cycle of fees/REN price going.

Eventually, a combo of algorithmically plus darknode governance mint/burn fee would even better. Cheers.

See this RIP for a formal proposal to change the fees. Please feel free to discuss any opinions about temporarily changing minting fees to 0.2% here: RIP-000-001: Increase minting fee to 0.2%.

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