Hey Sovryns,
here’s another update for the continued monitoring of the SIP-51 impact on revenue and AMM volume.
The SIP is active (Chart 1) and working as intended. Basically, protocol fee share doubled from 0.05% to 0.1%.
The overall swap volume shows no significant break of the previous established trend and is picking up a bit recently. The last months were quite challengig with the RSK-issues and smart contract issues. But anyway I can not see any negative impact from the SIP.
After SIP-implementation, LP revenue continued to follow its downtrend, but there are no indications that this SIP influenced this chart in a negative way.
SIP-51 seems to have the desired positive impact on protocol revenue, weekly rbtc revenue for stakers is showing higher lows and higher highs since inplementation.
Stay Sovryn!