Trading Fee Voting
About Pool Fee Voting
Who can vote on trading fees?
Only liquidity providers who hold LP tokens for the HebROID/Schmeckles pool can vote. Your voting power is proportional to your LP token holdings - the more liquidity you provide, the more weight your vote carries.
What fee range can I vote for?
You can vote for any fee between 0% and 1%, with precision up to 0.001%. Higher fees generate more revenue for LPs but may discourage traders. Lower fees attract more trading volume but reduce per-trade earnings.
How is the final trading fee calculated?
The pool's trading fee is the weighted average of all LP votes. Up to 8 voting slots are available, and each slot's weight is based on the voter's share of LP tokens. When you vote, your fee preference is factored into this calculation.
What happens to my existing vote if I add more liquidity?
Your vote weight automatically increases when you add more liquidity. The weighted average recalculates to reflect your new LP token holdings without requiring you to vote again.
How should I choose a trading fee?
Consider the asset pair's volatility. Higher volatility pairs (like meme tokens) often benefit from higher fees (0.5-1%) to compensate LPs for impermanent loss risk. Stable pairs typically use lower fees (0.1-0.3%) to stay competitive.