[bisq-network/growth] Proposed payment method addition process and estimated timelines (#206)

m52go notifications at github.com
Wed Nov 25 17:57:56 CET 2020


Was just pondering ways to incentivize market makers. Instead of offering bounties for making offers, what if we offered refunds for maker fees as an incentive for special events like liquidity days and new market pushes (and possibly new payment methods)? Not all the time, just occasionally for special events.

I know maker fees on Bisq are relatively low, but LocalMonero and LocalBitcoins are _free_. You only pay after completing a deal. Bisq has added downside of complexity and hassle of keeping program running for offers to stay live.

If nothing else maybe it could be an attractive marketing point for traders to try Bisq. Would of course need to set appropriate terms so it's not abused, but overall the incentives seem to make more sense for both sides (traders encouraged to make enough offers to make market look attractive; growth team encouraged to do enough marketing to avoid paying refunds). In worst case, even a refund request for 0.5 BTC worth of offers would result in a maximum of 0.0005 BTC cost to the DAO, far less than past bounties.

Any thoughts?

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