Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

BSQ trading fee update on cycle 66 #471

Closed
MwithM opened this issue Jan 13, 2025 · 4 comments
Closed

BSQ trading fee update on cycle 66 #471

MwithM opened this issue Jan 13, 2025 · 4 comments
Labels

Comments

@MwithM
Copy link

MwithM commented Jan 13, 2025

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 #463

Cycle 66

Parameters (see issue)

  • USD/BTC price: 92500
  • USD/BSQ price: 2.6
  • Current BSQ discount: 32.1%

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: 26.68 BSQ per BTC.
New BSQ taker fee: 204.57 BSQ per BTC.

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

@suddenwhipvapor suddenwhipvapor added a:proposal https://bisq.wiki/Proposals re:parameters labels Jan 13, 2025
@MwithM
Copy link
Author

MwithM commented Jan 24, 2025

Proposal accepted, wiki updated.
I have asked to update filters.

@suddenwhipvapor
Copy link

Tagging as approved, and leaving open until @MwithM is okay with closing it, I expect after filters are updated.

@MwithM
Copy link
Author

MwithM commented Jan 30, 2025

Filters were updated, but this issue should remain open until a new BSQ trading fee is required.
Although it's possible to comment on closed issues, I think there will be more attention for the messages when there is no need to update if the issue stays open. Otherwise I could forget or make a mistake and no one will notice.

@MwithM
Copy link
Author

MwithM commented Feb 14, 2025

Closed as new trading fee is waiting for approval.

@MwithM MwithM closed this as completed Feb 14, 2025
Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment
Labels
Projects
None yet
Development

No branches or pull requests

2 participants