01What
Casts your vote on what the pool's trading fee should be. Votes are weighted by how many LP tokens you hold.
02Why you'd use it
Fee level is a real trade-off: higher fees earn providers more per trade but scare traders away. LP-token holders — the people with money at stake — set it democratically.
03How
- 1Identify the pool: Asset 1 and Asset 2 with issuers.
- 2Enter your Proposed Fee in units of 0.001% (300 = 0.3%; the maximum is 1000 = 1%).
- 3Submit and confirm tesSUCCESS.
- 4Check AMM Pool Info afterward — the pool's fee becomes a weighted average of the top votes.
Watch out
- You need LP tokens in this pool to vote; more tokens, more weight.
- Only the 8 largest votes (by LP-token weight) count toward the recalculated fee — small holders can be crowded out.
- The result is a weighted average, so your exact number probably will not be the final fee.
For example
Trading volume in your pool has been slipping while a rival pool with lower fees grows. Holding 15% of LP tokens, you vote to cut the fee from 0.8% to 0.3%, and the weighted fee lands at 0.42%.