Proposal to Update SPOT's Rollover Fee Configuration

Okay. Minor speed bump. Existing logic in SPOT’s fee policy places hard limits on the rollover fees. Currently the most they can be set to is ± 5%. But we intend to set it to (-30% and +3%).

So for now, we’ve scaled the proposed change down and set it to the highest value the smart contract permits.

parameter proposed value set value
lowerAsymptote -0.3 -0.05
upperAsymptote 0.03 0.0163
growth 7 7

We will shortly propose to upgrade the implementation with a subsequent on-chain vote. This will then allow us to set the configuration originally proposed.

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