From 76b65e7d96bdb6eb7bccdabd660d9d701470e0b1 Mon Sep 17 00:00:00 2001 From: JohnnyWyles <97029546+JohnnyWyles@users.noreply.github.com> Date: Tue, 23 Apr 2024 09:03:00 +0100 Subject: [PATCH 1/2] Update Pool Creation fee --- docs/overview/integrate/pool-setup.md | 6 +++--- 1 file changed, 3 insertions(+), 3 deletions(-) diff --git a/docs/overview/integrate/pool-setup.md b/docs/overview/integrate/pool-setup.md index bbbbb3d03..fd4068ee3 100644 --- a/docs/overview/integrate/pool-setup.md +++ b/docs/overview/integrate/pool-setup.md @@ -16,7 +16,7 @@ There are several different types of liquidity pools on Osmosis, each with uniqu - Supercharged Liquidity (Concentrated Liquidity) Pool, and - CosmWasm Pools (e.g., Transmuter and Alloyed Assets) -Note: As of [Proposal 699](https://www.mintscan.io/osmosis/proposals/699), a pool creation fee of 100 USDC is required. +Note: As of [Proposal 699](https://www.mintscan.io/osmosis/proposals/699), a pool creation fee of 20 USDC is required. *[fee taken automatically when transaction has been sent via CLI]* Note: Sometimes there is no way to find the Pool ID of a pool via a block explorer using the transaction hash. osmosisd CLI will show the Pool ID of the new pool in response when creating the pool via CLI; otherwise, the only way to get a Pool ID is to search among the most recently created pools, or else look on a list (that shows Pool ID) of all pools for matching specifications. @@ -45,7 +45,7 @@ To create a Classic Pool on Osmosis via the Osmosis Zone app: - Enter a >0 amount of each token to add to the pool upon creation - Next - Set Swap Fee -- Tick ‘I understand that creating a new pool will cost 100 USDC +- Tick ‘I understand that creating a new pool will cost 20 USDC - Create Pool - Continue to approve the transaction with the connected wallet. @@ -105,7 +105,7 @@ To create a Stableswap Pool on Osmosis via the Osmosis Zone app: - Next - Set Swap Fee - Set scaling factor controller (optional)2 -- Tick ‘I understand that creating a new pool will cost 100 USDC. +- Tick ‘I understand that creating a new pool will cost 20 USDC. - Create Pool - Continue to approve the transaction with the connected wallet. From 83e9ede1f3b5f1cf92aa2fb9d030c33154a163e3 Mon Sep 17 00:00:00 2001 From: JohnnyWyles <97029546+JohnnyWyles@users.noreply.github.com> Date: Tue, 23 Apr 2024 09:04:50 +0100 Subject: [PATCH 2/2] Update Pool Creation Fee --- docs/osmosis-core/modules/gamm/README.md | 4 ++-- 1 file changed, 2 insertions(+), 2 deletions(-) diff --git a/docs/osmosis-core/modules/gamm/README.md b/docs/osmosis-core/modules/gamm/README.md index 3172eac5e..2ab86dbfa 100644 --- a/docs/osmosis-core/modules/gamm/README.md +++ b/docs/osmosis-core/modules/gamm/README.md @@ -182,7 +182,7 @@ Pools have the following parameters: This allows pool governance to smoothly change the weights of the assets it holds in the pool. So it can slowly move from a 2:1 ratio, to a 1:1 ratio. Currently, smooth weight changes are implemented as a linear change in weight ratios over a given duration of time. So weights changed from 4:1 to 2:2 over 2 days, then at day 1 of the change, the weights would be 3:1.5, and at day 2 its 2:2, and will remain at these weight ratios. -The GAMM module also has a **PoolCreationFee** parameter, which currently is set to `100000000 uusdc` or `100 USDC`. +The GAMM module also has a **PoolCreationFee** parameter, which currently is set to `20000000 uusdc` or `20 USDC`. [comment]: `<>` (TODO Add better description of how the weights affect things) @@ -283,7 +283,7 @@ The configuration json file contains the following parameters: ::: ::: warning -There is now a 100 USDC fee for creating pools. +There is now a 20 USDC fee for creating pools. ::: ### Join pool