📝 New BIP Created 📝
@arca
has submitted a Blur improvement proposal titled "Blur Fee Switch Discussion", which details a plan to turn on the Blur marketplace fee switch.
The Blur Foundation was created to foster community-led growth for the Blur protocol, governed by BLUR. More updates will come soon. In the meantime, check out the docs at to learn more.
The proposal would add a 1% base trading fee for the Blur marketplace protocol. It’s proposed these fees would be used to systematically buy back and burn BLUR daily.
Today, Arca submitted a forum post to the Blur governance forum to turn on the Blur fee switch
When $BLUR was first released in 02/23, the tokenomics outlined a 180-day freeze on governance voting in a fee switch on the platform (freeze now expired). 1/x