Skip to content

Update Pool Creation fee #256

New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

Sign up for GitHub

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Merged
merged 2 commits into from
Apr 23, 2024
Merged

Update Pool Creation fee #256

Show file tree
Hide file tree
Changes from all commits
Commits
Show all changes
2 commits
Select commit Hold shift + click to select a range
76b65e7
Update Pool Creation fee
JohnnyWyles Apr 23, 2024
83e9ede
Update Pool Creation Fee
JohnnyWyles Apr 23, 2024
File filter

Filter by extension

Filter by extension
Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
4 changes: 2 additions & 2 deletions docs/osmosis-core/modules/gamm/README.md
View file
Open in desktop
Original file line number Diff line number Diff line change
Expand Up @@ -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)

Expand Down Expand Up @@ -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
Expand Down
6 changes: 3 additions & 3 deletions docs/overview/integrate/pool-setup.md
View file
Open in desktop
Original file line number Diff line number Diff line change
Expand Up @@ -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.
Expand Down Expand Up @@ -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.

Expand Down Expand Up @@ -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)<sup>2</sup>
- 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.

Expand Down