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BSQ trading fee update for Cycle 27 #339

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MwithM opened this issue Aug 21, 2021 · 4 comments
Closed

BSQ trading fee update for Cycle 27 #339

MwithM opened this issue Aug 21, 2021 · 4 comments
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@MwithM
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MwithM commented Aug 21, 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 #333

Cycle 27

Parameters (see issue)

  • USD/BTC price: 48.800
  • USD/BSQ price: 1.47
  • Current BSQ discount: 65%

imagen

imagen

It's necessary to update BSQ trading fee on Cycle 27.

New BSQ trading fees

A change parameter request for BSQ trading fees will be submitted to DAO voting:
New BSQ maker fee: 13.16
New BSQ taker fee: 92.15

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

@pazza83 pazza83 added a:proposal https://bisq.wiki/Proposals re:parameters labels Aug 21, 2021
@MwithM
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MwithM commented Aug 22, 2021

BSQ maker fee proposal tx: 8c75c63afa675d412815d255eb69269142fba4ce05e8b5335844216f4dbee747
BSQ taker fee proposal tx: 64eecefd91125d55867bf85dacb64935bfd7a927fd936955bccd1db349d03b65

@MwithM
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MwithM commented Aug 29, 2021

The proposal was accepted and the wiki updated.

@MwithM
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MwithM commented Sep 22, 2021

Cycle 28

Parameters (see issue)

  • USD/BTC price: 42.000
  • USD/BSQ price: 1,62
  • Current BSQ discount: 49%

imagen

imagen

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

@MwithM
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MwithM commented Oct 20, 2021

Closing as new fees are proposed on Cycle 29.

@MwithM MwithM closed this as completed Oct 20, 2021
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