DAO Controlled Network Parameters Feed [Evergreen]

Governance DAO
23

Important: The DAO is pending a proposal that introduces a Floor Price to the Network Fee which will update the Network Fee calculation leading to no update of the Network Fee in December.

Network Fee Notice.

Trigger: Deviation by more than 15%
Function: updateNetworkFee
Old value: 2423010000000 (~6.33 SSV/year)
New value: 2797830000000 (~7.31 SSV/year)
Deviation: 15.47%

New value goes into effect after: 17th of December

Calculation:

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24

DIP-49 was successfully passed by the DAO and the treasury sheet has been updated with the new deviation check for December.

The new deviation check results in no network fee change this month.

25

Network Fee Forecast:

:light_bulb: Decrease of 0.47% leading to no change

Old value: 2423010000000 (~6.33 SSV/year)
New value: 2411600000000 (~6.30 SSV/year)
Deviation: -0.47%

Calculation:

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