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BSQ trading fee update on Cycle 55 #447

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MwithM opened this issue Jan 27, 2024 · 11 comments
Open

BSQ trading fee update on Cycle 55 #447

MwithM opened this issue Jan 27, 2024 · 11 comments
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a:proposal https://bisq.wiki/Proposals re:parameters

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@MwithM
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MwithM commented Jan 27, 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 #445

Cycle 55

Parameters (see issue)

  • USD/BTC price: 41600
  • USD/BSQ price: 1.68
  • Current BSQ discount: 27.5%

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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: 18.57 BSQ per BTC.
New BSQ taker fee: 142.38 BSQ per BTC.

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

@MwithM
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MwithM commented Jan 27, 2024

BSQ Maker txid: a87506b321fbbaa79a7b1b0b1108b7909acc45549c06d92afbc3f7e7d66e20bc
BSQ Taker txid: f087acd3cc6e0dae58e44c94fdc7cfb48c77f8af33bd9eda9801f551d1986f9a

@pazza83 pazza83 added a:proposal https://bisq.wiki/Proposals re:parameters labels Jan 27, 2024
@MwithM
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MwithM commented Feb 6, 2024

Proposal was accepted, trading fees have been updated. Wiki has been updated too.

@MwithM
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MwithM commented Feb 26, 2024

Cycle 56

Parameters (see issue)

  • USD/BTC price: 51.300
  • USD/BSQ price: 1.88
  • Current BSQ discount: 54.6%

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

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@ghost
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ghost commented Feb 26, 2024

FYI, current fees shown in-app

Maker: 0.0015 BTC, 26.93 BSQ
Taker 0.0115 BTC, 206.45 BSQ.

@gabernard
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I updated the filter already about three weeks ago.

@gabernard
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gabernard commented Feb 28, 2024

I checked the log files and whenever I update the filter with the latest Bisq version I get a DSA signature error. I updated the filter with an older Bisq version.

@jmacxx Can you check if it worked? I'm don't see any error messages in the logs.

@ghost
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ghost commented Feb 28, 2024

@gabernard make/take fees in-app are correct now:

Maker: 0.0015 BTC, 18.57 BSQ
Taker 0.0115 BTC, 142.38 BSQ.

@MwithM
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MwithM commented Mar 29, 2024

Cycle 57

Parameters (see issue)

  • USD/BTC price: 64.400
  • USD/BSQ price: 2.65
  • Current BSQ discount: 49.1%

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

image
image

@MwithM
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MwithM commented May 3, 2024

Cycle 58

Parameters (see issue)

  • USD/BTC price: 59.400
  • USD/BSQ price: 2.33
  • Current BSQ discount: 51.4%

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

image
image

@MwithM
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MwithM commented Jun 3, 2024

Cycle 59

Parameters (see issue)

  • USD/BTC price: 63.500
  • USD/BSQ price: 2.26
  • Current BSQ discount: 55.9%

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

image
image

@MwithM
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MwithM commented Jul 8, 2024

Cycle 60

Parameters (see issue)

  • USD/BTC price: 57.200
  • USD/BSQ price: 2.13
  • Current BSQ discount: 53.9%

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

image
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