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BSQ rate for Cycle 19 is 0.67 USD per 1 BSQ #707

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MwithM opened this issue Nov 8, 2020 · 0 comments
Closed

BSQ rate for Cycle 19 is 0.67 USD per 1 BSQ #707

MwithM opened this issue Nov 8, 2020 · 0 comments

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@MwithM
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MwithM commented Nov 8, 2020

The recommended rate to be used for compensation requests on cycle 18 is 0.67USD/BSQ. 90 day weighted volume average needed to be voted at DAO after detecting manipulated price statistics. Next, I inform about the voted 30 and 90 days BSQ rate.

30 Day BTC/BSQ: 0.00005600
30 Day USD/BSQ: 0.65
90 Day BTC/BSQ: 0.00005770
90 Day USD/BSQ: 0.67

After having this proposal accepted at the DAO, I, as Compensation Maintainer, will submit a proposal for 30 and 90 days BSQ rate to get consensus 7 days before the end of the proposal phase (the same deadline as submitting compensation requests for review). DAO vote won't be submitted unless there's no clear consensus.

More info about the Compensation process at https://bisq.wiki/Compensation which will be updated soon.
Rate for last cycle: #683

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