Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

BSQ trading fee update for Cycle 29 #345

Closed
MwithM opened this issue Oct 20, 2021 · 4 comments
Closed

BSQ trading fee update for Cycle 29 #345

MwithM opened this issue Oct 20, 2021 · 4 comments
Assignees
Labels
a:proposal https://bisq.wiki/Proposals re:parameters

Comments

@MwithM
Copy link

MwithM commented Oct 20, 2021

This proposal keeps a record of the process to keep the BSQ trading fee at 50% discount to BTC trading fee. It will remain open until we need to update BSQ trading fees again.

Last update was on #339

Cycle 29

Parameters (see issue)

  • USD/BTC price: 66.200
  • USD/BSQ price: 1.62
  • Current BSQ discount: 68%

imagen

imagen

It's necessary to update BSQ trading fee on Cycle 28.

New BSQ trading fees

A change parameter request for BSQ trading fees will be submitted to DAO voting:
New BSQ maker fee: 15.14
New BSQ taker fee: 105.97

The 15% cap to increase BSQ trading fees has been used.

@pazza83 pazza83 added a:proposal https://bisq.wiki/Proposals re:parameters labels Oct 22, 2021
@MwithM
Copy link
Author

MwithM commented Oct 23, 2021

Parameter proposal change for maker TXID: 227d3d6ae7a4309d816aaa28b87b210c9cba1723c0ea31751ab9c741fc2f4481
Parameter proposal change for taker TXID : e9457ce914c855ea607003ea2fe4f70dd31721590cbf125d95d27acd2f23cdca

@MwithM
Copy link
Author

MwithM commented Oct 30, 2021

The proposals were accepted and the wiki has been updated.

@MwithM
Copy link
Author

MwithM commented Nov 23, 2021

Cycle 30

Parameters (see issue)

  • USD/BTC price: 57.100
  • USD/BSQ price: 1,96
  • Current BSQ discount: 54.8%

imagen
imagen

In this cycle there is no need to update the BSQ trading fees.

@MwithM
Copy link
Author

MwithM commented Dec 23, 2021

I've realized that in the last Cycle I used wrong current fees, because I forgot to update them from last change at Cycle 29. It's no big deal since an update was not necessary anyway.

Cycle 31

Parameters (see issue)

  • USD/BTC price: 48.600
  • USD/BSQ price: 1,63
  • Current BSQ discount: 49.2%

image

image

In this cycle there is no need to update the BSQ trading fees.

Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment
Labels
a:proposal https://bisq.wiki/Proposals re:parameters
Projects
None yet
Development

No branches or pull requests

2 participants