The initial scope of the Protocol Fee subDAO will be to adjust the taker fees on specific asset pairings to ensure that these are reasonable compared to the typical spread factors used in their pools.
This scope is currently set to deciding on a taker fee of the default set by governance, an alternative lower taker fee of 20% of the default, or zero.
When a methodology is identified for setting taker fees based on liquidity requirements, market demand, or further user experience concerns, governance will be re-approached to confirm acceptance.