Update pool creation fee (#226)

* Update Pool Creation Fee https://www.mintscan.io/osmosis/proposals/669 * Update pool creation fee https://www.mintscan.io/osmosis/proposals/669 * Update Pool Creation Fee https://www.mintscan.io/osmosis/proposals/669 * Formatting
osmosis-labs · Nov 8, 2023 · 1b37bb9 · 1b37bb9 · vercel · Nov 8, 2023
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diff --git a/docs/osmosis-core/modules/gamm/README.md b/docs/osmosis-core/modules/gamm/README.md
@@ -182,7 +182,7 @@ Pools have the following parameters:
     This allows pool governance to smoothly change the weights of the assets it holds in the pool. So it can slowly move from a 2:1 ratio, to a 1:1 ratio.
     Currently, smooth weight changes are implemented as a linear change in weight ratios over a given duration of time. So weights changed from 4:1 to 2:2 over 2 days, then at day 1 of the change, the weights would be 3:1.5, and at day 2 its 2:2, and will remain at these weight ratios.
 
-The GAMM module also has a **PoolCreationFee** parameter, which currently is set to `1000000000 uosmo` or `1000 OSMO`.
+The GAMM module also has a **PoolCreationFee** parameter, which currently is set to `400000000 uosmo` or `400 OSMO`.
 
 [comment]: `<>` (TODO Add better description of how the weights affect things)
 
@@ -283,7 +283,7 @@ The configuration json file contains the following parameters:
 :::
 
 ::: warning
-There is now a 1000 OSMO fee for creating pools.
+There is now a 400 OSMO fee for creating pools.
 :::
 
 ### Join pool

diff --git a/docs/overview/educate/osmo.md b/docs/overview/educate/osmo.md
@@ -31,6 +31,7 @@ Further details can be seen in the [Superfluid module specifications](/osmosis-c
 
 ## Other Fees
 The OSMO token is required as fees for several tasks on chain to prevent spam and encourage considered usage of features. All fees paid go to the Community Pool.
-Creating a pool: 1000 OSMO
-Adding External Incentives to a pool: 50 OSMO
-Topping up External Incentives on an existing stream: 25 OSMO
+
+* Creating a pool: 400 OSMO
+* Adding External Incentives to a pool: 50 OSMO
+* Topping up External Incentives on an existing stream: 25 OSMO
diff --git a/docs/overview/integrate/pool-setup.md b/docs/overview/integrate/pool-setup.md
@@ -15,7 +15,7 @@ There are several different types of liquidity pools on Osmosis, each with uniqu
 - Supercharged Liquidity (Concentrated Liquidity) Pools, and
 - CosmWasm Pools (e.g., Transmuter and Alloyed Assets).
 
-Note: As of Osmosis v19, the Pool Creation Fee is 1000 OSMO
+Note: As of [Proposal 669](https://www.mintscan.io/osmosis/proposals/669), the Pool Creation Fee is 400 OSMO
 
 Note: Sometimes there is no way to find the Pool ID of a pool via a block explorer using the transaction hash. osmosisd CLI will show the Pool ID of the new pool in response when creating the pool via CLI; otherwise, the only way to get a Pool ID is to search among the most recently created pools, or else look on a list (that shows Pool ID) of all pools for matching specifications.
 
@@ -39,7 +39,7 @@ To create a Classic Pool on Osmosis via the Osmosis Zone app:
 - Enter a >0 amount of each token to add to the pool upon creation
 - Next
 - Set Swap Fee
-- Tick ‘I understand that creating a new pool will cost 1000 OSMO
+- Tick ‘I understand that creating a new pool will cost 400 OSMO
 - Create Pool
 - Continue to approve the transaction with the connected wallet.
 #### CLI Command
@@ -88,7 +88,7 @@ To create a Stableswap Pool on Osmosis via the Osmosis Zone app:
 - Next
 - Set Swap Fee
 - Set scaling factor controller (optional)<sup>2</sup>
-- Tick ‘I understand that creating a new pool will cost 1000 OSMO
+- Tick ‘I understand that creating a new pool will cost 400 OSMO
 - Create Pool
 - Continue to approve the transaction with the connected wallet.