[bisq-network/bisq] Adopt fee model to de-incentivize offers with huge market price distance (#4630)

chimp1984 notifications at github.com
Mon Oct 12 19:43:27 UTC 2020


It is not about punishment. It is about keeping the balance of costs and benefits. If Bisq gets too many offers we will need more seed nodes and need to optimize network traffic. All that costs money and has to be apid by the DAO stakeholders. Thus the makers creating offers which will not lead to trades are causing costs to everyone - e.g. socializing the costs to all. It is a flood fill network (like Bitcoin) and has its limits what it can handle (like Bitcoin with blocksize). So we have to take care to stay in the limits.

Also if one make 30% gain with a trade a higher trade fee seems to be justified (with BSQ is anyway pretty low).

We could use the average spread like it was used for security deposit recommendation to make a difference between high volatile markets and those markets which are not that volatile.

When I look to XMR, EUR, USD markets those are not that volatile that a 30-50% price diff is realitic. And if you look into the trade statisitcs you will see that those offers never gets taken. I doubt there are trades with > 20% diff. from market price. 

-- 
You are receiving this because you are subscribed to this thread.
Reply to this email directly or view it on GitHub:
https://github.com/bisq-network/bisq/issues/4630#issuecomment-707310664
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.bisq.network/pipermail/bisq-github/attachments/20201012/ebfbcbe2/attachment.html>


More information about the bisq-github mailing list