Summary
This proposal advocates for enabling Terra’s new fee sharing module on Astroport contracts and have the transaction fees flow back to xASTRO holders.
Abstract
In November, Terra proposed a new fee sharing module for the Terra Blockchain. This module allows a certain percentage of transaction fees to be paid back to the contract developers should they choose to enable it. TFL will further match 50% of the fees generated which puts the fee share at 75%. See this post on X for more information.
This proposal would enable fee sharing on the Astroport contracts with the highest transaction count which would capture 99%+ of the fees generated by Astroport. The fees collected will be sent to the Maker contract on Terra which means that all the fees collected under this arrangement would flow back to xASTRO holders.
The contracts for which fee sharing would be enabled are:
Routers
IBC controller
ASTRO IBC contract
Factory
Generator
Vesting
ASTRO Token
xASTRO Token
xASTRO Staking
LUNA - USDC PCL and XYK
LUNA - BTC
LUNA - WETH
ASTRO - USDC PCL and XYK
ASTRO - LUNA
USDT - USDC
LUNA - ampLUNA
SOLID - axlUSDC
Executable Message
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