UniSat proposes to increase the service fee of PizzaSwap to attract more liquidity providers

ChainCatcher news, UniSat has initiated a community vote to adjust the PizzaSwap service fee. Currently, the platform charges a fee of 0.3% per transaction, of which 5/6 is allocated for LP rewards and 1/6 for platform maintenance. However, some community members believe that the current fee is too low, resulting in insufficient LP rewards, which weakens the incentive to attract liquidity and may affect the healthy development of the ecosystem.

The UniSat team stated that although they have maintained low fees for a long time to lower the transaction threshold, they value community opinions and have decided to let users vote on whether to increase the service fee to enhance LP incentives. If the adjustment is approved, the additional revenue will be used for short-term reward programs, such as the upcoming LPFest Epoch3.

This vote requires locking FB to gain voting rights. The voting period is from March 10, 12:00 to March 12, 20:00 (UTC+8), and the final decision will fully respect the community's wishes.