LuaSwap v1.0 is tentatively scheduled to launch on October, 30. LuaSwap 1.0 is a fork of Uniswap with the following additions/ adjustments:
Swapping fee is raised to 0.5%
Metamask recently launches a swapping aggregator with the fee >0.8% on top of liquidity protocol fees. LuaSwap pools have the best liquidity in the pairs we specializes in, so it is expected that the protocol will still be used widely with 0.5% swapping fees.
Edit: LP voting will decide the fees between 0.4% and 0.5%.
Addition of a time decaying LP withdrawal fee ranging from 0.1%-0.5%
The benefits of having a LP withdrawal fee has been discussed here https://research.parsec.finance/posts/amm-tradeoff In short, small withdrawal fee will encourage long-term LP, and create a more healthy liquidity providing environment. This feature will be implemented in LuaSwap for the first time in the AMM space.
Edit: Flat fee in percentage upon withdrawing is chosen for implementation. LP voting will decide the fees between 0.1% and 0.2%.
LuaSafe for LUA stakers
0.05% of the swapping fees will be used to market-purchase LUA (0.45% of swapping fees going to LP). All withdrawal fees
will also be used to market-purchase LUA. These LUA will be rewarded to LuaSafe stakers proportionally.
Edit: There will also be a LuaSwap withdrawing fees. LP voting will decide the fees between 0.25%, 0.5%, and 1%.
LuaSwap is planned to be live with these features + LuaSwap info for analytics. Furthermore, LuaSwap SDK will be further optimized using LUA, stablecoins, TOMOE, ETH (more can be added in time) as the base pairs for routing swapping orders. This optimization will improve the efficiency and swapping pricing of LuaSwap.