💫 Sif’s Day Aug 31 💫 **DEX Updates** - The flat swap fee has been **reduced** from 0.3% to 0.05% per TKN:ROWAN swap. This means that if you do a TKN:TKN swap, like ATOM:ETH or WBTC:USDC, the fee will be 0.1%. This reduction in fees will help make Sifchain a fantastic place for affordable swaps. - The 0.05% will be used as a default fee for now, and any changes going forward will be made via standard governance processes. **Governance Updates** - Join the discussion about the DEX Liquidity Protection and Liquidity Provider distribution proposals, set to be activated alongside the launch of margin trading: https://discord.com/channels/769209144515100693/1003743749412765706/1014293028665565196 - The proposal to elect Don Luv to the Token Listing Council is on-chain now: https://www.mintscan.io/sifchain/proposals/111 **Cardano Grant Updates** - Cardano has announced a date for voting for their decentralized innovation fund: SEPTEMBER 5 for those who were eligible to vote based on the Cardano snapshot process that took place on August 4. - Sifchain submitted for funding to help us offset the development costs of Peggy 2 & connect us directly in to the Cardano community. Peggy 2's fully funded and has already had 4 audits to the code. This grant would supercharge it. - More details on Twitter: https://twitter.com/sifchain/status/1564921202250227712 - For more details on how to vote: https://twitter.com/sifchain/status/1549361156996874241?s=20&t=t-6pc7FitejK2avIvvKJ5A **Communications Updates** Join the SifDAO roundtable on September 1st at 7AM PST.

💫 Sif’s Day Aug 31 💫 **DEX Updates** - The flat swap fee has been **reduced** from 0.3% to 0.05% per TKN:ROWAN swap. This means that if you do a TKN:TKN swap, like ATOM:ETH or WBTC:USDC, the fee will be 0.1%. This reduction in fees will help make Sifchain a fantastic place for affordable swaps. - The 0.05% will be used as a default fee for now, and any changes going forward will be made via standard governance processes. **Governance Updates** - Join the discussion about the DEX Liquidity Protection and Liquidity Provider distribution proposals, set to be activated alongside the launch of margin trading: https://discord.com/channels/769209144515100693/1003743749412765706/1014293028665565196 - The proposal to elect Don Luv to the Token Listing Council is on-chain now: https://www.mintscan.io/sifchain/proposals/111 **Cardano Grant Updates** - Cardano has announced a date for voting for their decentralized innovation fund: SEPTEMBER 5 for those who were eligible to vote based on the Cardano snapshot process that took place on August 4. - Sifchain submitted for funding to help us offset the development costs of Peggy 2 & connect us directly in to the Cardano community. Peggy 2's fully funded and has already had 4 audits to the code. This grant would supercharge it. - More details on Twitter: https://twitter.com/sifchain/status/1564921202250227712 - For more details on how to vote: https://twitter.com/sifchain/status/1549361156996874241?s=20&t=t-6pc7FitejK2avIvvKJ5A **Communications Updates** Join the SifDAO roundtable on September 1st at 7AM PST.

💫 Sif’s Day Aug 30 💫 **Communications Updates** A NEW Medium article is released with the latest updates on development, including margin trading and Peggy 2: https://medium.com/sifchain-finance/sifchain-update-end-of-august-2022-2486d7f5c5eb **DEX Updates** The swap fee has officially been changed from a slip-based fee to a flat 0.3% fee in preparation for the launch of margin and re-enabling asymmetric liquidity adds. **Governance Updates** - Proposal #110: https://www.mintscan.io/sifchain/proposals/110 is on-chain now. If it passes, ROWAN staking inflation for ROWAN delegated to validators will be reduced in accordance with Proposal #104: https://www.mintscan.io/sifchain/proposals/104. - Join the discussion about the DEX Liquidity Protection and Liquidity Provider distribution proposals, set to be activated alongside the launch of margin trading: https://discord.com/channels/769209144515100693/1003743749412765706/1014293028665565196