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 Started21 Jan 2020 / Block 613867
Cycle Ended22 Feb 2020 / Block 618546
Supply Change+ 29,241
Governance26 of 31 proposals accepted
|BSQ Amount||# of transactions|
|Asset listing fees||60||2|
|Compensation request fees||50||25|
|Blind vote fees||36||18|
|Net BSQ Supply Change⁵||+29,241|
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.
Cycle 10 was a transitional cycle for the Bisq DAO as it implements a new management structure and budgets discussed in this post. Teams were established for core functions, teams began executing on top project priorities, and core administrative processes like compensation request reviews were overhauled.
A budget of 60,000 USD was established for the whole project, each team has a monthly allotment, and guidelines are being put in place across teams to adhere to their allotments.
More work on this transition continues into Cycle 11. Notable items in progress are a new project management process and rolling out the Bisq wiki (which will ultimately replace the existing docs website).
Issuance in this cycle included a one-time charge of 44,776 BSQ for the Bitcoin 2020 conference presence. This expense was budgeted for growth as a monthly expense but charged at once in Cycle 10 because there was enough room in the budget to reimburse the contributor who fronted the money.