Note: Since this is a big and contentious change, we’ve decided to make this a 48 hour vote.
There has been a lot of talk regarding removal of the withdrawal fees. Many of the opinions are illustrated in this previous forum thread: Remove Withdrawal Fees
This proposal seeks to:
- Remove the withdrawal fee
- Raise the profit fee to 27.5%
- 20% to the Treasury
- 7.5% to the Dev Fund.
Keep in mind that any amount over the $500k Treasury cap will go towards Pickle stakers as per PIP-15.
The primary motivating factor for this proposal is that withdrawal fees are very unpopular and act as a psychological barrier for people who may want to enter the Pickle ecosystem.