Proposal Details
Proposal #208
Passed
Proposal title
Decrease Gravity Bridge fees to 1 basis point
Submit time
Deposit end time
Voting start time
Voting end time
Tally result
90.96%
Proposal #208 description
In order to better support Canto's Neo-Finance initiative, this proposal would decrease the bridge fee from 4 basis points to 1 basis points (Tx Value * 0.0001) on all MsgSendToEth transactions by changing the value of min_chain_fee_basis_points parameter to 1. This is in response to retain and attract Canto users who are using Gravity Bridge to explore the new Neo-Finance DeFi options on Canto. Future discussions are planned around making the base fee dynamic as the ecosystem matures.
Proposal #208 overview
Total votes
355
Voters
350
Total deposit
100,000 GRAV