my vote is nay

The truth is I think that Bifrost should maintain this source of revenue

Most users I don't think they care much, they don't even notice the fees, I don't think modifying it will have any significant impact.

Wasn't it just modified to 10% recently?

nay

[@h7mW...qZiF](h7mWkj3v67bsDwBogcccSbXguBJuDtMjZLgoeUaKx2QqZiF-bifrost-polkadot) I don't agree with some of your points:

Most users I don't think they care much, they don't even notice the fees, I don't think modifying it will have any significant impact.

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A 10% commission currently results in an apy difference of about 2%, for example a base return of around 19-20% would be reduced to 17-18%. I think a key metric that many users compare when making decisions is APY. During the big unlock period, a large number of users held free DOT. This amount is very huge. Even if a small part of the users care about the APY gap of about 2%, this part is worth capturing. So I still stand by the points in my proposal. Reducing commission during the big unlock period will not lose too much protocol revenue, but it will capture more potential users. I think this will be beneficial to Bifrost in the long run. In addition, I'm sorry that frequent adjustments to the commission are indeed a mistake. We should consider it more comprehensively during the implementation of governance to avoid frequent changes in the agreement. Of course, I think rapid response to market changes is a special advantage that polkadot and substrate give us.

also i think that discussion around this should be done here on Subsquare before going to referendums

for this and other topics

[@h7mW...qZiF](h7mWkj3v67bsDwBogcccSbXguBJuDtMjZLgoeUaKx2QqZiF-bifrost-polkadot) Agree, it is best to have a community discussion before launching a referendum. I will pay attention to this in my subsequent proposals

I would vote nay if my tokens in Farming and Staking were usable here. 

I don't think that will change the decision much for Liquid Stake the DOT. 

Either you want to use it or you don't. The 10% should be kept imo.

[@gcz2...tZrD](gcz2Nb5agoJH78KxfKsJd1Kzz4rMyqnnDz5wUjTXSoLtZrD-bifrost-polkadot) In the long run, we will retain this part of the commission, and the agreement will eventually move towards a sustainable development path, but I think that market expansion and preferential policies in some stages before that will also have good effects.

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Considering the upcoming DOT unlock, in order to give back to community users and improve the competitiveness of vDOT at this stage, I recommend reducing the current vDOT Reward Fee from 10% to 0.1%

Call for a seven-day referendum to decide this matter as a community.

#209·DOT Reward Fee reduced from 10% to 0.1% External Proposals