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BSQ trading fee update on Cycle 53 #445

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MwithM opened this issue Nov 25, 2023 · 4 comments
Closed

BSQ trading fee update on Cycle 53 #445

MwithM opened this issue Nov 25, 2023 · 4 comments
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@MwithM
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MwithM commented Nov 25, 2023

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 #430

Cycle 53

Parameters (see issue)

  • USD/BTC price: 37700
  • USD/BSQ price: 1.05
  • Current BSQ discount: 37.2%

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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: 26.93 BSQ per BTC.
New BSQ taker fee: 206.45 BSQ per BTC.

BSQ trading fees are calculated using the values proposed at #415.

@pazza83 pazza83 added a:proposal https://bisq.wiki/Proposals re:parameters labels Nov 25, 2023
@MwithM
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MwithM commented Nov 26, 2023

BSQ Maker TXID: e683e3d752951546468ada34be1c2d2b512c8cd586ce9d107ff28ecb0675f2e0
BSQ Taker TXID: e8a2543549b2e63b27a860576eca1624a3fc21a5cf0113c6e3fbd841e6b3ade0

@MwithM
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MwithM commented Dec 5, 2023

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

Proposal must remain open until a new update is required.

@MwithM
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MwithM commented Dec 26, 2023

Cycle 54

Parameters (see issue)

  • USD/BTC price: 42.700
  • USD/BSQ price: 1.34
  • Current BSQ discount: 43.7%

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

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@MwithM
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MwithM commented Jan 27, 2024

Closed for a new update.

@MwithM MwithM closed this as completed Jan 27, 2024
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