A Plan of Increase in pUSD Swap Pool Fee Rate
In a strategic move to bolster the Pando USD(pUSD)
and provide added advantages to pUSD holders, the Pando MTG announces an increase in some pUSD swap pools fee rates from 0.04% to 0.1%.
Affected pools include: USDT(ERC20)/pUSD, USDT(TRC20)/pUSD, DAI/pUSD, USDC/pUSD.
This decision aims to strengthen the pUSD and offer enhanced benefits to pUSD holders and LP. By raising the fee rates, the Pando MTG aims to make pUSD more attractive to both users and investors.
A higher swap fee rate makes holding pUSD-denominated LP tokens more appealing, thereby increasing demand for the pUSD. As demand rises, the value of the pUSD strengthens in the market, boosting its overall stability.
The proposal of increasing fee rate has been composed and will be submitted to Pando MTG at Aug 10th, 2023.
The information contained in this article is for informational purposes only and does not constitute financial, investment, or other professional advice. The views expressed in this article are those of the author and do not necessarily represent the views of the company or organization they work for or Pando. Any investment decisions made by the reader should be made after consulting with their own financial advisor and conducting their own research. The author and the company or organization they work for and Pando will not be liable for any financial losses incurred as a result of reliance on the information contained in this article.