From f1878825040b26d8c1e2e9a0fda46d7f1364163d Mon Sep 17 00:00:00 2001 From: Steve Jain Date: Wed, 1 May 2019 14:41:23 -0400 Subject: [PATCH 1/3] Revise note about asset de-listing post-dao --- exchange/howto/list-asset.adoc | 10 ++++++++-- 1 file changed, 8 insertions(+), 2 deletions(-) diff --git a/exchange/howto/list-asset.adoc b/exchange/howto/list-asset.adoc index b9eb121..92503e3 100644 --- a/exchange/howto/list-asset.adoc +++ b/exchange/howto/list-asset.adoc @@ -145,9 +145,15 @@ Any BSQ stakeholder can also request a vote to remove an already-listed asset. === Inactive assets will be de-listed -At each new release we will check whether already-listed assets have been traded in the past 4 months. If this requirement is not met the asset will be removed. The Bisq trade statistics are used as a reference. Removal of an un-traded asset will not be announced outside of normal release notes. +To remain listed on Bisq, assets must maintain a minimum trading volume of 0.01 BTC in 120 days. -Listing the asset again will require a statement about what has changed since the original de-listing, e.g.: links to discussions where demand for the asset is documented, etc. +If this threshold is not met, the asset will be de-listed. Once de-listed, payment accounts and offers for an asset are still visible to users who own them, but are not visible to any other peers on the network, so trading is effectively halted. Users cannot create new payment accounts for de-listed assets. + +Assets can be exempted from this requirement (or re-listed after being de-listed due to inactivity) by paying the _daily asset listing fee_—allowing an asset's trading volume to be below 0.01 BTC in 120 days and remain listed. + +This fee is a Bisq DAO parameter, so it is subject to change, but is 1 BSQ per day as of this writing. The fee must be paid in batches of 30 days—so one can only pay to have an asset to be listed for 30 days, 60 days, or any other multiple of 30 days. + +Assets that have been previously removed from Bisq (i.e., removed entirely from Bisq, not just de-listed due to inactivity) cannot be re-listed. === Getting a new asset into production may take a while From 506a897d14b41453106f4cec3de5b60dfcf39f58 Mon Sep 17 00:00:00 2001 From: Steve Jain Date: Fri, 24 May 2019 18:14:12 -0400 Subject: [PATCH 2/3] Add ManfredKarrer feedback on asset de-listing --- exchange/howto/list-asset.adoc | 10 +++++----- 1 file changed, 5 insertions(+), 5 deletions(-) diff --git a/exchange/howto/list-asset.adoc b/exchange/howto/list-asset.adoc index 92503e3..19d8ca9 100644 --- a/exchange/howto/list-asset.adoc +++ b/exchange/howto/list-asset.adoc @@ -145,15 +145,15 @@ Any BSQ stakeholder can also request a vote to remove an already-listed asset. === Inactive assets will be de-listed -To remain listed on Bisq, assets must maintain a minimum trading volume of 0.01 BTC in 120 days. +To remain listed on Bisq, assets must maintain a minimum trading volume of 0.01 BTC over a rolling 120-day period. -If this threshold is not met, the asset will be de-listed. Once de-listed, payment accounts and offers for an asset are still visible to users who own them, but are not visible to any other peers on the network, so trading is effectively halted. Users cannot create new payment accounts for de-listed assets. +If this threshold is not met, the asset will be de-listed. Once de-listed, the asset will not appear in the currency list, so new payment accounts for the asset cannot be created. Existing offers for the asset will remain visible. -Assets can be exempted from this requirement (or re-listed after being de-listed due to inactivity) by paying the _daily asset listing fee_—allowing an asset's trading volume to be below 0.01 BTC in 120 days and remain listed. +Assets can be exempted from this requirement (or re-listed after being de-listed due to inactivity) by paying the _daily asset listing fee_—this fee allows an asset with trading volume below 0.01 BTC in 120 days to remain listed. -This fee is a Bisq DAO parameter, so it is subject to change, but is 1 BSQ per day as of this writing. The fee must be paid in batches of 30 days—so one can only pay to have an asset to be listed for 30 days, 60 days, or any other multiple of 30 days. +This fee is a Bisq DAO parameter, so it is subject to change, but is 1 BSQ per day as of this writing. The minimum trial period length one can purchase is 30 days. -Assets that have been previously removed from Bisq (i.e., removed entirely from Bisq, not just de-listed due to inactivity) cannot be re-listed. +Assets that have been previously removed from Bisq through DAO voting (i.e., removed entirely from Bisq through stakeholder consensus, not just de-listed due to inactivity) cannot be re-listed. === Getting a new asset into production may take a while From 9514ac4d2ee015e68914a98366614355e863f53a Mon Sep 17 00:00:00 2001 From: Steve Jain Date: Tue, 18 Jun 2019 09:30:12 -0400 Subject: [PATCH 3/3] Add sqrrm's point about fees & rolling windows --- exchange/howto/list-asset.adoc | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/exchange/howto/list-asset.adoc b/exchange/howto/list-asset.adoc index 19d8ca9..2a33912 100644 --- a/exchange/howto/list-asset.adoc +++ b/exchange/howto/list-asset.adoc @@ -151,7 +151,7 @@ If this threshold is not met, the asset will be de-listed. Once de-listed, the a Assets can be exempted from this requirement (or re-listed after being de-listed due to inactivity) by paying the _daily asset listing fee_—this fee allows an asset with trading volume below 0.01 BTC in 120 days to remain listed. -This fee is a Bisq DAO parameter, so it is subject to change, but is 1 BSQ per day as of this writing. The minimum trial period length one can purchase is 30 days. +This fee is a Bisq DAO parameter, so it is subject to change, but is 1 BSQ per day as of this writing. The minimum trial period length one can purchase is 30 days. The period paid for becomes the new rolling window (e.g., if an asset is de-listed, and someone pays 30 BSQ to re-list the asset for 30 days, the asset needs to trade 0.01 BTC over a rolling 30-day period). Assets that have been previously removed from Bisq through DAO voting (i.e., removed entirely from Bisq through stakeholder consensus, not just de-listed due to inactivity) cannot be re-listed.