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Simple Summary

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Raise fees on exchanges into sXTZ, sXMR, sETC, sDOT, sEOS, sTRX, sDASH, sDEFI ,sCRV, sAAVE, sRUNE, sCOMP, sYFI and s1INCH to 300 bp from 100 bp.

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Motivation

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Analysis of on-chain data showed that the wider availablity of synths (due to wrappr) has allowed certain actors to take up sizeable slippage-less positions in synths beyound what is deemed reasonable on CEX and DEX's.\nThis SCCP proposes to raise fees on these tokens to 300 bp, as a stopgap measure, until other sips such as that proposed on supply caps and volume weighted fees measures are in place.

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Copyright

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Copyright and related rights waived via CC0.

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