According to Odaily Planet Daily, f(x)Protocol is looking for the perfect balance between minting fees and redemption fees for fxUSD, rUSD, and btcUSD. To do this, they will temporarily reduce the minting fee to 0% and increase the redemption fee to 0.5%. This adjustment of no minting fee should help increase TVL, while increasing the redemption fee will bring more profits to veFXN holders. The new exchange fee will take effect at 12:00 noon UTC on June 5 (20:00 Beijing time).
