Example proposal: Protocol-wide Serum DEX fee discounts
The founding team has outlined an initial proposal below for an allocation of STRT tokens to acquire a MegaSerum.
Serum DEX fee tiers
Serum held
Taker
Maker
<100 SRM
0.22%
-0.03%
100 SRM
0.20%
-0.03%
1000 SRM
0.18%
-0.03%
10000 SRM
0.16%
-0.03%
100000 SRM
0.14%
-0.03%
1000000 SRM
0.12%
-0.03%
1 MSRM*
0.10%
-0.05%
*MSRM, or MegaSerum, is obtained by combining 1 million Serum tokens.
It is possible to have Serum fee discounts applied to all trading activity on the SolStreet protocol, including subscription, redemption and fund management transactions. Multiple mechanisms could be used (potentially in combination) in order to acquire the necessary Serum for the maximum fee discount, these include:
  • Sale of STRT tokens from the Ecosystem fund.
  • A bonding curve selling project merchandise.
  • Allocating a portion of protocol fees towards the acquisition of Serum.
Last modified 4mo ago
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