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BSQ trading fee update on cycle 66 #471

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MwithM opened this issue Jan 13, 2025 · 0 comments
Open

BSQ trading fee update on cycle 66 #471

MwithM opened this issue Jan 13, 2025 · 0 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 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
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