Gravity Bridge

Infrastructure

Proposal Details

Proposal #199

Passed

Proposal title

Increase Gravity Bridge fees to 4 basis points

Submit time

Deposit end time

Voting start time

Voting end time

Tally result

99.31%

Proposal #199 description

This proposal would increase the bridge fee from 2 basis points (from here referred to bps) to 4 bps (Tx Value * 0.0004) on all MsgSendToEth transactions using the min_chain_fee_basis_points parameter and changing its value to 4. The value of the fee will be collected in the token being sent back to Ethereum and distributed to validators, delegators, and the community pool.

More information here: https://commonwealth.im/gravity-bridge/discussion/12876-increase-gravity-bridge-fees-to-4-basis-points

Proposal by Interbloc

Proposal #199 overview

Total votes
388
Voters
387
Total deposit
100,000 GRAV