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# System prepended metadata

title: '[SIGNAL REQUEST] Changing USDC-PSM fees'
tags: [Summaries]

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tags: Summaries
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# [SIGNAL REQUEST] Changing USDC-PSM fees

This is a summary of the governance impacts of this signal request from GovAlpha’s perspective:

- This is a valid Signal Request.
- This SR proposes to increase the [Fee In (`tin`)](https://manual.makerdao.com/module-index/module-psm#fee-in-tin) and the [Fee Out (`tout`)](https://manual.makerdao.com/module-index/module-psm#fee-out-tout) on the USDC-PSM. 
-  There is one poll for each proposed action:
    - "To which level shall we set the `tin`"
    - "To which level shall we set the `tout`"
- Pros and cons are listed for each proposed action.
- The polls are ranked-choice with seven options ranging from 0 (no change) to 50.0 bps (0.5%) plus the `Abstain` option.
- The polls will run until  September 2, 2022. Provided there is majority for any of the non-abstain options, there will be two separate onchain polls.
- This SR has been assigned `High-Impact` based on the methodology listed [here](https://forum.makerdao.com/t/introducing-impact-estimations/14267).
 