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BSQ trading fee update on Cycle 22 #318

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

BSQ trading fee update on Cycle 22 #318

MwithM opened this issue Mar 4, 2021 · 3 comments
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@MwithM
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MwithM commented Mar 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 #301

Cycle 22

Parameters (see issue)

  • USD/BTC price: 50,000
  • USD/BSQ price: 2.52
  • Current BSQ discount: 62%

imagen

imagen

It's necessary to update BSQ trading fee on Cycle 22.

New BSQ trading fees

A change parameter request for BSQ trading fees will be submitted to DAO voting:
New BSQ maker fee: 8.66
New BSQ taker fee: 60.59

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

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

TXID Maker: 76a9156cb787e3457adda8dace0a2e3fc56fff5dca3aef30f0b76d8ec574dead
TXID Taker: cce92b31b6920fb88c8a9f4b1b002cc33ca87f6fef6d2f68303adf653258d6ed

@MwithM
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MwithM commented Mar 15, 2021

Approved through DAO voting.

@MwithM
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MwithM commented Apr 4, 2021

Closing as an update is required on Cycle 23.

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