Currently, a withdrawal fee of 10% + tx fees are applied to early withdrawals on all campaigns. The fee applies to the reward pool (in the reward pool’s denominated CW20 token). This fee is applied indiscriminately to all types of campaigns.
Valkyrie Protocol is looking to remove the 10% fee (excluding tx fees) for all incomplete IPCs once the minimum duration period passes. The remainder of the token will be returned to the capital raising party without penalty. The early withdrawal fee will remain applied to all other campaigns.
This will strengthen partnerships for both Valkyrie and the Launching Protocol.
We welcome any feedback on this proposal, and await your consideration in vote.