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Update fund fees #17
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Update fund fees #17
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Open for public comment.
This update simplifies the investment cost structure, and it helps reduce the administrative burden on MAGIC Grants. MAGIC is not currently charging fees of any of its funds; they all have waivers. We have already converted the MAGIC Monero Fund to a single USD ledger (though using other assets is still supported).
This change is not approved by the MAGIC board yet.