Future proofing the protocol fee

(reposting as same reply from the temperature check post)
gm!

Re this vote, here are some data we prepared for the pre/post effect evaluation of removing protocol fees:

0x Open Orderbook activity

2 caveats about some WIP:

  • After the vote passed and executed in effect yesterday, the protocol engineer updated the nativeOrderFeatures contract destination and it needs to be added in data pipeline to reflect correct count of fills.

  • the Success Fill Rate charts in dashboard means the (1 - revert rate) on chain, i.e. the success rate of settlement after the orders are matched/taken and signed by both taker and maker. We gonna try to add another % of matching order success rate (i.e. % how many orders are picked up by takers from the open orderbook pools). Presumable assumption is without protocol fees, this rate can go higher as (adjusted) price is more competitive.

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