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BSQ trading fee update on Cycle 23 #325

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MwithM opened this issue Apr 4, 2021 · 3 comments
Closed

BSQ trading fee update on Cycle 23 #325

MwithM opened this issue Apr 4, 2021 · 3 comments
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@MwithM
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MwithM commented Apr 4, 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 #318

Cycle 23

Parameters (see issue)

  • USD/BTC price: 49.100
  • USD/BSQ price: 2.28
  • Current BSQ discount: 60%

imagen

imagen

It's necessary to update BSQ trading fee on Cycle 23.

New BSQ trading fees

A change parameter request for BSQ trading fees will be submitted to DAO voting:
New BSQ maker fee: 9.95
New BSQ taker fee: 69.68

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

@MwithM MwithM added re:parameters a:proposal https://bisq.wiki/Proposals labels Apr 4, 2021
@MwithM
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MwithM commented Apr 5, 2021

Maker txid: 9493be2d14df0382196b51205d0175a8c9ca7722dafd248e10bc16739e51c15a
Taker txid: b687a86936b4ff675d6effeeec20dc909a7dfdf3e77193b62235db6ca5be6768

@cbeams
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cbeams commented Apr 11, 2021

This proposal appears to have been submitted twice for Cycle 23. I assume this was an accident, @MwithM can you confirm?

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@MwithM
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MwithM commented Apr 11, 2021

The same proposal affects 2 different parameters, BSQ trading fee for maker, and for taker. The previous comment has the 2 different TXIDs for the two different parameters, which are included into this 325 proposal.

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