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