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In the platform, there is a "Fee Tracker" smart contract. This contract holds a list of hard coded fees for the platform. Other contracts pull the Fee Tracker address from the Hub whenever they need to determine fees. This feature is to enable the Hub Address for the Fee Tracker to be updated through a Fee Update Proposal.
To update fees on the platform, a user needs to have the ability to create a new Fee Update Proposal. Once this proposal is created, it can be voted on by DAC holders.
If the proposal is rejected by voters, then the associated fees from creating the proposal should be distributed among the voters who rejected it.
If the proposal is accepted by voters, then the hub address should be updated and fees from creating the proposal should be distributed among the voters who accepted it.
Proposal should contain:
Proposal fee
Address of new fee contract
Proposal manager should:
Verify and take ownership of DAC fee
Create new proposal in contract in appropriate proposal period
Proposal should:
Allow voting during voting period based on DAC ownership
Allow contract to be accepted/rejected after voting period
Allow fee disbursement to majority voters
Replace Hub Fee Tracker address if accepted
The text was updated successfully, but these errors were encountered:
In the platform, there is a "Fee Tracker" smart contract. This contract holds a list of hard coded fees for the platform. Other contracts pull the Fee Tracker address from the Hub whenever they need to determine fees. This feature is to enable the Hub Address for the Fee Tracker to be updated through a Fee Update Proposal.
To update fees on the platform, a user needs to have the ability to create a new Fee Update Proposal. Once this proposal is created, it can be voted on by DAC holders.
If the proposal is rejected by voters, then the associated fees from creating the proposal should be distributed among the voters who rejected it.
If the proposal is accepted by voters, then the hub address should be updated and fees from creating the proposal should be distributed among the voters who accepted it.
Proposal should contain:
Proposal manager should:
Proposal should:
The text was updated successfully, but these errors were encountered: