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BSQ trading fee update on Cycle 64 #463

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MwithM opened this issue Nov 10, 2024 · 4 comments
Open

BSQ trading fee update on Cycle 64 #463

MwithM opened this issue Nov 10, 2024 · 4 comments
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@MwithM
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MwithM commented Nov 10, 2024

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 #461

Cycle 64

Parameters (see issue)

  • USD/BTC price: 80500
  • USD/BSQ price: 1.67
  • Current BSQ discount: 62.8%

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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: 36.24 BSQ per BTC.
New BSQ taker fee: 277.80 BSQ per BTC.

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

@MwithM MwithM changed the title BSQ trading fee update on Cycle 63 BSQ trading fee update on Cycle 64 Nov 11, 2024
@MwithM
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MwithM commented Nov 12, 2024

Maker fee: 392484f16ba1ca0b33be2ce4121d898703a6f81853ee8152d3c26c77d7c25ffa
Taker fee: 84e8f78298b7cbaccdd14e8896db7d8903c6accc252c80ffcf714b45bd2d3bdf

@suddenwhipvapor suddenwhipvapor added a:proposal https://bisq.wiki/Proposals re:parameters labels Nov 14, 2024
@MwithM
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MwithM commented Nov 21, 2024

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

@MwithM
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MwithM commented Dec 1, 2024

Filters were updated.

@MwithM
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MwithM commented Dec 12, 2024

Cycle 65

Parameters (see issue)

  • USD/BTC price: 100.500
  • USD/BSQ price: 2.05
  • Current BSQ discount: 50.7%

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

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