A proposal to permit protocol charges for decentralized exchanges failed on June 1, doubtlessly permitting liquidity suppliers (LPs) to proceed to earn all of their swap income, based on the providing’s official web site. It got here near being handed, with 45.32% of the vote going to the “free” camp, whereas 42.34% voted for liquidity suppliers to cost a fifth of the charges they obtain from customers. An additional 12.3% voted to introduce a tithe tax, whereas 0.04% voted for a sixth.
The “no tax” camp received the bulk, which means that the proponents of the protocol tax may have received if that they had united behind a sure share of the tax.
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