The founder of Curve proposed to increase the transaction fee rate of USDC/crvUSD pool from 0.01% to 0.02%

2023/08/27 03:30

On August 27th, Curve founder Michael Egorov proposed at the governance forum to increase the transaction fee rate of the crvUSD core pool and further observe the impact. Michael proposed to first increase the transaction fee rate of the USDC/crvUSD pool from 1 bps (0.01%) to 2 bps (0.02%). The potential benefit of this is that if the trading volume does not change much, it will bring more income to Curve from transaction fees and increase the difficulty of manipulating the internal oracle (EMA).

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