<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>Currently at the start of each DAO cycle, the compensation rate is fixed to something like this:</p>
<blockquote>
<p>BSQ rate for Cycle 10 is 0.67 USD per 1 BSQ</p>
</blockquote>
<p>I propose that we enact a new policy to adjust the BSQ maker/taker fees each cycle in a similar fashion, so that they are adjusted to always be 60% of the BTC maker/taker fees, based on the 30 day average BSQ/BTC trading price from the last cycle.</p>
<p>Currently, the DAO trading fees parameters are set as follows:</p>
<pre><code>BTC Maker: 0.002 BTC
BTC Taker: 0.006 BTC
BSQ Maker: 10 BSQ
BSQ Taker: 30 BSQ
</code></pre>
<p>Based on 60% pricing, this represents a BSQ valuation of 12K sats</p>
<pre><code>0.002 BTC / 10 BSQ * 60% = 0.00012000 BTC/BSQ
</code></pre>
<p>Using the most recent 30 days average BSQ/BTC trade price of 5991 BSQ/BTC, this means we should increase the BSQ trading fees as follows to maintain a 60% pricing:</p>
<pre><code>Maker: 0.002 BTC / 0.00005991 BTC/BSQ * 60% = 20.03 BSQ
Taker: 0.006 BTC / 0.00005991 BTC/BSQ * 60% = 60.09 BSQ
</code></pre>
<p>Therefore, the first DAO parameters to change from this proposal will be:</p>
<pre><code>BSQ Maker fee: 20.03 BSQ
BSQ Taker fee: 60.09 BSQ
</code></pre>
<p>If approved I will make a proposal each DAO cycle in a similar fashion. For starters, this will likely double the BSQ burned from trading fees compared to last cycle (assuming same trading volume), and greatly help the DAO return to profitability.</p>
<p>What do you guys think?</p>

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