Thanks @Craig_Braun_Fractal I’ll let other chime in if more data points are available.
Our understanding of demand elasticity is limited, as it’s difficult to estimate how aggregators like 1Inch or others perform their order routing. We opted for proxies like the ones shown above, that show the demand elasticity of the share of Uniswap fills VS Kyber’s during these last 2 months.
It’s also important to remember that the protocol fee multiplier is an upgradeable parameter of the staking system. This gives quite a bit of flexibility in setting up votes on this even in the future, going through the standard ZEIP process.
This change would allow us to measure/assess demand elasticity for 0xV3 orders with real data over a long enough period, to then make informed adjustments later on, if needed.