To attract more liquidity providers and promote protocol growth, the MUX team will reduce the fees for Adding Liquidity & Removing Liquidity by 75%.
Liquidity Fee = BaseFeeRate ± DynamicFeeRate
The actual fee rate applied to liquidity providers paying for orders will be between BaseFeeRate + DynamicFeeRate and BaseFeeRate - DynamicFeeRate.
The BaseFeeRate will be lowered from 0.125% to 0.031%
The DynamicFeeRate will be lowered from 0.25% to 0.062%
This update will become effective on Jan. 31st, UTC, 2023. The MUX team will continue to evaluate and provide a better user experience. We will make more improvements in the future based on analyses. Please let us know if you have any questions.