[bisq-network/proposals] Increase BSQ trading fee to get to 0.4% (#103)
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Thu Jul 18 10:56:40 UTC 2019
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With https://github.com/bisq-network/proposals/issues/99 the stakeholder have voted for the adjustment of the fees to a more realistic value. But it is still below the 0.4% target.
Current BTC maker fee: 0.002 BTC (0.2%)
Current BTC taker fee: 0.006 BTC (0.6%)
Current BSQ maker fee: 8 BSQ (0,0625%)
Current BSQ taker fee: 24 BSQ (0,1875%)
I propose to increase to the following values for the next voting cycle:
Proposed BSQ maker fee: 13 BSQ (0,1015625%)
Proposed BSQ taker fee: 38 BSQ (0,296875%)
With that we would have reached roughly our target fee of 0.4% and I think we should not increase the BSQ fees more in the near future.
The BTC fees can be left IMO as they would still give about 50% discount which should be enough motivation to use BSQ. If we see that BSQ adoption is below expectation we might consider to increase the BTC fee further so that the financial incentive is enough for 80% of the users to use BSQ.
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