Our community’s role has never been more crucial. Recently, we responded to the vibrant discussions within our community by deciding to reduce the sell fee from 9% to the standard 3%. This adjustment isn’t only about lowering the fees, it’s also a commitment to enhance community participation in our decision-making processes. By empowering our members to have a say in the new fee allocation, we are deepening their involvement in shaping the trajectory of our platform, an exchange for beginners.
COMMUNITY ENGAGEMENT IN FEE STRUCTURE
The decision to reduce the sell fee was driven by active discussions within our community. Recognizing the need for change, we not only lowered the fee but also sought to empower our community by involving them in the decision-making process regarding the new fee allocation. This move underscores our commitment to transparency and community involvement, setting the stage for a more engaged and responsible token ecosystem of our exchange for beginners.
VOTING ON THE NEW ALLOCATION
With the reduction announced, the next crucial step was deciding how to allocate the 3% sell fee. We presented our community with three options, each with implications for $CUT’s liquidity and holder rewards:
- 2% to holders, 1% to liquidity
- 1% to holders, 2% to liquidity
- 3% to liquidity
The importance of this decision was communicated through our channels, urging members to consider what would best support the sustainability and growth of $CUT and its community. The poll was conducted over a 24-hour period, ensuring everyone had a chance to participate and voice their opinion.
RESULTS AND REFLECTION
The engagement levels during the poll were impressive, reflecting a community that is not only active but also thoughtful about the future of the platform. The results were as follows:
A clear majority favored enhancing liquidity, a choice that can help mitigate volatility and foster a more stable trading environment.
LOOKING FORWARD
This decision-making process and its outcome highlight the power of community involvement in shaping the platform’s policies and future. By actively participating, our community members have shown their commitment to the long-term success and health of $CUT.
We are deeply grateful to everyone who took the time to vote and contribute to this pivotal decision. As we move forward, these collective choices will continue to define our path and reinforce the foundation of trust and collaboration that CryptoUnity’s exchange for beginners is built on.
Let’s continue to shape our future together, fostering a platform that not only meets but exceeds the expectations of its community. Thank you for your ongoing support and enthusiasm.
