[bisq-network/proposals] Reverse Dutch Auction for the Donation address BTC (#148)

ifarnung notifications at github.com
Tue Dec 10 02:04:39 UTC 2019


I would be strongly against creating additional contraints on participation in the auction. It should be transparent and fair for all and 1 BSQ should aim to equal 1 BSQ. (I guess they don't in terms of voting rights but if you are looking for efficient price discovery, then I wouldn't add constraints)

Imagine only contribs can sell BSQ to the donation address holder, then you eliminate any desire for a trader to buy those as they immediately would lose the right to sell to one of the largest buyers on the market..  so then a contrib is pretty much stuck waiting until next month to participate or to sell in small lots to traders needing the coupons that BSQ represent?



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