RFC-000-034: Consolidated Fee Proposals

[Thomm]

Thanks for the write up and the clear time lines! I think this structure works nicely and should capture every opinion.

For completeness sake I’ll reiterate my position which I voiced in the original RFC:

• mint 20 bps: to be conservative in lieu of accommodating RenLabs (see below). We can re-evaluate after 1 month to lower it more if liquidity provision is lacking

• burn 5 bps: low burn to help with TVL

• burnAndMint 0 bps: free for promotional period, after that 5 bps

Ren Labs position

@MaxRoszko

I don’t have any official statement from Ren Labs at the moment, but it would be something along the lines of a moderate position, although it’s up to the community. We’re open to the minting and burning fee being changed, but advise against extreme changes as ultimately Ren Labs bears the most risk from too high TVL at the moment. Ren Labs would not be comfortable if for instance the mint fee was set to 0%, and possibly not 0.1% either. But it could certainly be below 0.3%, but posting any real numbers would be arbitrary because there is nothing magical about any specific value in this case (that we know of at least).

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Additionally, following the example set by other projects, we can add one more snapshot vote for the full proposal agreement, a simple Accept/Reject on the full proposal. This gives an explicit option for voters to reject the proposal in full, conversely, it is also an explicit vote to accept the proposal in full.