leo
March 5, 2022, 10:27am
1
Auto-Farming Performance Fee - 5% (out of 9%) goes towards buyback and burn.
is it possible increase Auto-Farming Performance Fee portion to 10% (out of 14%) going towards buyback and burn.
I think Auto-Farming Performance Fee portion is a large portion of buyback and burn, this will burn much more alpaca weekly.
3 Likes
That’s a parameter for AUSD. AUSD is still not commercially ready yet so it doesn’t make sense to try to optimize on fees. We’d want to see how the response is when AUSD has more tokens in circulation before judging how the fees are.
1 Like
leo
March 6, 2022, 10:34am
3
did you really read my post?
AUSD parameter is “AUSD Stability Fees”
my proposal is Auto-Farming Performance Fee
please do not provide misleading information.
thanks.
pest
March 6, 2022, 2:55pm
4
Lending performance fee only makes 50k USD last week. I don’t think it will have big influences.
80% of burning is caused by liquidation.
1 Like
I read your post. You should try reading the docs. Code modules can and usually do have more than 1 parameter.
Here is the Auto-Farming Performance Fee in AUSD Parameters in the docs.
Maybe what you wanted to refer to is Farming Performance Fee in LYF Parameters: Leveraged Yield Farming Parameters - Alpaca Finance
If that’s the case, then I would say the APYs from farming on Binance Chain are currently not high enough to increase fees further.