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BSQ trading fee update on cycle 67 #472
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̶C̶u̶r̶r̶e̶n̶t̶ ̶f̶e̶e̶s̶ ̶o̶n̶ ̶t̶h̶i̶s̶ ̶p̶r̶o̶p̶o̶s̶a̶l̶ ̶w̶e̶r̶e̶ ̶w̶r̶o̶n̶g̶ ̶a̶s̶ ̶t̶h̶e̶ ̶p̶r̶e̶v̶i̶o̶u̶s̶ ̶u̶p̶d̶a̶t̶e̶ ̶w̶a̶s̶ ̶n̶o̶t̶ ̶a̶c̶t̶u̶a̶l̶l̶y̶ ̶i̶m̶p̶l̶e̶m̶e̶n̶t̶e̶d̶.̶ ̶T̶h̶e̶r̶e̶ ̶i̶s̶ ̶n̶o̶ ̶n̶e̶e̶d̶ ̶t̶o̶ ̶u̶p̶d̶a̶t̶e̶ ̶t̶r̶a̶d̶i̶n̶g̶ ̶f̶e̶e̶s̶,̶ ̶c̶u̶r̶r̶e̶n̶t̶ ̶p̶a̶r̶a̶m̶e̶t̶e̶r̶s̶ ̶a̶r̶e̶ ̶t̶h̶e̶ ̶o̶n̶e̶s̶ ̶u̶s̶e̶d̶ ̶s̶i̶n̶c̶e̶ ̶c̶y̶c̶l̶e̶ ̶6̶4̶.̶ |
While what happened gets clarified, I'm proposing new parameters, as I think they're good for the current prices. Maker (33.94): 14cbe293154e580d9d73dcf8d869c67ad34143b0bdd2561449b3bfd30262604a |
I'm sorry, I know what happened: the update for last cycle was not actually approved on the DAO. The proposal was not even submitted. |
The proposal has been accepted. Wiki and filters have been updated. |
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 #471
Cycle 67
Parameters (see issue)
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:
33.94
BSQ per BTC.New BSQ taker fee:
260.17
BSQ per BTC.BSQ trading fees are calculated using the values proposed at #415.
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