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@bisq-network improvement proposals
https://bisq.wiki/Proposals
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BSQ trading fee update on Cycle 52 #430

Closed MwithM closed 8 months ago

MwithM commented 1 year ago

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

Last update was #415

Cycle 52

Parameters (see issue)

image image

It's necessary to update BSQ trading fee as current discount is not between the 40-60% target.

New BSQ trading fees

A change parameter request for BSQ trading fees will be submitted to DAO voting: New BSQ maker fee: 33.85 BSQ per BTC. New BSQ taker fee: 259.5 BSQ per BTC.

BSQ trading fees are calculated using the values proposed at https://github.com/bisq-network/proposals/issues/415. Discount target is 50% and should be adjusted back to exactly 50% every cycle if it's not within the 40-60% range.

MwithM commented 1 year ago

Txid to change parameter for: Maker BSQ trading fee: 9b8e59b7a2c0d2a81926f941780906c95c7b65ad3a9014c9bc2f8ee363c0b0a2 Taker BSQ trading fee: 2d568f4ff9a0f9c0e37a4ac7f158b35073ae2064b4262d0270a2e0b9d97fb06d

MwithM commented 1 year ago

Trading fees updated as both proposals were accepted. Software filters updated. Wiki updated.

Proposal must remain open until a new update is required.