<h2>Cycle 8 report</h2>
<p>The Bisq Markets API has been migrated to a <a href="https://github.com/bisq-network/bisq-markets/pull/20" data-hovercard-type="pull_request" data-hovercard-url="/bisq-network/bisq-markets/pull/20/hovercard">new implementation</a> utilizing a smart-caching proxy on Google Cloud Appengine and new API backend powered by risq. The new service is much faster for serving chart data on bisq.network/markets and is serving millions of requests daily to external third parties who have integrated the API into their sites.</p>
<p>This month the expenses are a bit higher due to one-off Google Cloud costs, i.e. as part of the migration before we optimized the site to lower costs. Going forward the site should run less than $300 per month hosting cost, which is a good deal considering the huge amount of traffic it gets. Ideally we will move away from Google at some point in the future, but we would need a very beefy CDN setup of some kind. The good thing is that the service is at 100% uptime now and very fast performance!</p>
<p>/cc <a class="issue-link js-issue-link" data-error-text="Failed to load issue title" data-id="537917960" data-permission-text="Issue title is private" data-url="https://github.com/bisq-network/compensation/issues/448" data-hovercard-type="issue" data-hovercard-url="/bisq-network/compensation/issues/448/hovercard" href="https://github.com/bisq-network/compensation/issues/448">bisq-network/compensation#448</a></p>

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