[bisq-network/growth] Monero XMR/BTC Volume Booster Bounty 5000 $BSQ (#176)

MwithM notifications at github.com
Mon Jan 13 09:25:59 UTC 2020


> How is the acceptence process of a proposal? We need to make very clear which candidate/concept we will take as bounty candidate. I assume it only makes sense with one single candidate.

For an already bootstrapped market like XMR is, I think that lowering fees could improve volume more than a bounty.
All market participants could benefit from lower fees and the "reward" would be automatic and transparent.

There's an economic behaviour consequence to consider here, though. People tends to prefer rewards over lower fees even if the rational decision would be to prefer the other because we enjoy a reward (considered as a kind of gift) while we consider lower fees as a lower punishment.

The best option would be to reward those market participants who can prove they managed to do a certain volume of trading, but I know it's not possible considering Bisq privacy needs.

I wanted to discuss the possibility of just lowering fees for XMR, and maybe a mix of low bounties and low fees for other low liquid assets.

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