Bisq DAO Cycle 11

The figures on this page are compiled from data files generated by the Bisq software. You can verify everything yourself by running these scripts on GitHub.

Cycle Started22 Feb 2020 / Block 618547

Cycle Ended27 Mar 2020 / Block 623226

Supply Change+ 35,452

Governance34 of 35 proposals accepted

Network Funds Transfers

BSQ Amount # of transactions
Burn
 Proof-of-burn¹ 82,700 5
 Trading fees² 8,791 3,372
 Compensation request fees 38 19
 Blind vote fees 34 17
 Proposal fees 32 16
 Irregular 2 1
Total Burn 91,597 3,686
Issuance
 Compensation³ 127,050
 Reimbursements⁴ 0
Total Issuance 127,050
Net BSQ Supply Change⁵ +35,452

¹ Proof-of-burn includes trading fees paid in BTC and disputed BTC deposits for trades that went to arbitration (see docs for more details). Funds may be accrued and burned in different cycles, so proof-of-burn figures do not map directly to activity in their cycles.

² BSQ trading fees only. BTC trading fees are included in proof-of-burn.

³ See more details on GitHub.

⁴ Over time, the net impact of reimbursement issuances on BSQ supply is close to zero, as corresponding amounts of BTC are burned through proof-of-burn (see docs for more details).

⁵ Decreases in BSQ supply are good.

Governance

Parameter change proposal for DEFAULT_MAKER_FEE_BTC

Accepted

Parameter change proposal for DEFAULT_TAKER_FEE_BTC

Accepted

Parameter change proposal for DEFAULT_MAKER_FEE_BSQ

Accepted

Parameter change proposal for DEFAULT_TAKER_FEE_BSQ

Accepted

Generic proposal

Accepted

For promotion to L1 support agent following a successful internship in Cycle 11.

Generic proposal

Accepted

For promotion to L1 support agent following a successful internship in Cycle 11.

Bonded role proposal for SEED_NODE_OPERATOR

Accepted

Bonded role proposal for MEDIATOR

Accepted

Bonded role proposal for MEDIATOR

Accepted

Bonded role proposal for BISQ_MAINTAINER

Accepted

Bonded role proposal for BTC_NODE_OPERATOR

Accepted

Bonded role proposal for BTC_NODE_OPERATOR

Accepted

Bonded role proposal for DATA_RELAY_NODE_OPERATOR

Accepted

Bonded role proposal for DATA_RELAY_NODE_OPERATOR

Accepted

Bonded role proposal for DATA_RELAY_NODE_OPERATOR

Accepted

Bonded role proposal for BTC_NODE_OPERATOR

Accepted

Notes

Cycle 11 was the first full DAO cycle under the reorganization detailed earlier this year.

Notably, this cycle set a new all-time record for trade fee payments using BSQ—not a bad outcome for the last DAO cycle before the DAO’s 1-year anniversary. There were 3,372 BSQ fee payments in this cycle, compared to 2,804 in Cycle 10, and 2,805 in Cycle 3 (which was the last high).

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