<blockquote>
<p><em>This is a Bisq Network proposal. Please familiarize yourself with the <a href="https://docs.bisq.network/proposals.html" rel="nofollow">submission and review process</a>.</em></p>
</blockquote>
<p>There has been already a proposal in the past (<a class="issue-link js-issue-link" data-error-text="Failed to load issue title" data-id="343326698" data-permission-text="Issue title is private" data-url="https://github.com/bisq-network/proposals/issues/31" data-hovercard-type="issue" data-hovercard-url="/bisq-network/proposals/issues/31/hovercard" href="https://github.com/bisq-network/proposals/issues/31">#31</a>) discussing that topic but it did not reach clear support and was rejected. I want to start to discuss that topic again as we got repeated feedback from users [1] that the current model is hard to understand and as we observed over the last months it seems that the 0,4% target on total fees is not reached with the current model.</p>
<p>There are a few main arguments for a change to a percentage fee for the maker (the taker has already a fixed 0,2% fee).</p>
<ul>
<li>Easier to understand and calculate</li>
<li>The penalty for a higher fee with higher price distance at a thin markets is counter-productive. Thin markets need market makers and high fees prevent that to happen.</li>
<li>There is a natural tendency that with more liquidity spreads get lower. The fee model based on distance to the market price is not a required and probably not a positive factor to achieve that.</li>
<li>The edit-offer feature makes cheating with maker fee payment possible.</li>
<li>For December 2018 the current fee model results in about 4,5 BTC on fees at 1600 BTC trade volume, that is about 0,28% in total. Target would be 0,4% (0,2% for both maker and taker).</li>
</ul>
<p>I suggest that we remove the distance to the market price factor and use a purely percentage based model with 0,2% for maker. The min. fee of 0,00005 BTC will remain as it is required to avoid dust amounts. For taker fee there are no changes.</p>
<p>[1] <a class="issue-link js-issue-link" data-error-text="Failed to load issue title" data-id="343326698" data-permission-text="Issue title is private" data-url="https://github.com/bisq-network/proposals/issues/31" data-hovercard-type="issue" data-hovercard-url="/bisq-network/proposals/issues/31/hovercard?comment_id=435624243&comment_type=issue_comment" href="https://github.com/bisq-network/proposals/issues/31#issuecomment-435624243">#31 (comment)</a></p>

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