To attract more liquidity providers and promote protocol growth, the MUX team will reduce the fees for Adding Liquidity & Removing Liquidity by 50%.
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 0.25% to 0.125%
The DynamicFeeRate will be lowered from 0.5% to 0.25%
This update will become effective on Nov. 9th, UTC, 2022. The MUX team will continue to evaluate the liquidity fee rate and provide better experiences for liquidity providers. We will make further improvements in the future based on analyses. Please let us know if you have any questions.