Updating BSQ trading fees - Revision history

MwithM: /* Determine new BSQ fees */ substitute google for cryptpad spreadsheet

2025-08-26T08:33:28Z

Determine new BSQ fees: substitute google for cryptpad spreadsheet

2022-10-16T16:51:12Z

Determine new BSQ fees: Increase range for discount as per proposal #380

2022-09-05T09:01:33Z

50% discount

2022-09-05T09:00:39Z

Determine new BSQ fees: 50% discount

2022-03-07T08:52:49Z

Update discount rate as per proposal #365

2022-02-23T15:05:45Z

Determine new BSQ fees: Remove 15% cap increase as per proposal #365

2020-07-22T21:03:34Z

Submit DAO parameter proposals

2020-07-22T21:02:43Z

Submit DAO parameter proposals: when to create a new proposal

2020-06-20T10:48:42Z

Submit DAO parameter proposals: comment proposal TXID

2020-06-02T04:10:31Z

adjust opening to include bolded title and reword a heading

@@ Line 9: / Line 9: @@
 Three days before the end of proposal phase, the [[Compensation Maintainer]] shall:
-* Calculate BSQ trading fee discount [https://docs.google.com/spreadsheets/d/1-hISy7F0NSqPnRxDOoi1k7df1qLJHfQTxhrVLt6NbX4/edit#gid=0 on this spreadsheet] using the 30-day weighted average USD/BSQ price and live USD/BTC price at the time.
+* Calculate BSQ trading fee discount [https://cryptpad.fr/sheet/#/2/sheet/view/khBDMTPxN9GkLPNYaLtyWFDmdXTnDygFeYZ--qngS1o/ on this spreadsheet] using the 30-day weighted average USD/BSQ price and live USD/BTC price at the time.
 ** If existing BSQ discount is under 40% or over 60%, calculate new BSQ trading fees to restore a 50% discount.
 ** Update spreadsheet with new proposed fees. If there is no need for an update, leave the "New Fees" section blank.

@@ Line 10: / Line 10: @@
 * Calculate BSQ trading fee discount [https://docs.google.com/spreadsheets/d/1-hISy7F0NSqPnRxDOoi1k7df1qLJHfQTxhrVLt6NbX4/edit#gid=0 on this spreadsheet] using the 30-day weighted average USD/BSQ price and live USD/BTC price at the time.
-** If existing BSQ discount is under 45% or over 55%, calculate new BSQ trading fees to restore a 50% discount.
+** If existing BSQ discount is under 40% or over 60%, calculate new BSQ trading fees to restore a 50% discount.
 ** Update spreadsheet with new proposed fees. If there is no need for an update, leave the "New Fees" section blank.

← Older revision		Revision as of 09:01, 5 September 2022
Line 1:		Line 1:
−	'''Updating BSQ fees''' takes place every cycle to keep the BSQ [[trading fees]] at a 60% discount to BTC trading fees.	+	'''Updating BSQ fees''' takes place every cycle to keep the BSQ [[trading fees]] at a 50% discount to BTC trading fees.

	The [[Compensation Maintainer]] takes the following steps to update BSQ trading fees.		The [[Compensation Maintainer]] takes the following steps to update BSQ trading fees.

@@ Line 10: / Line 10: @@
 * Calculate BSQ trading fee discount [https://docs.google.com/spreadsheets/d/1-hISy7F0NSqPnRxDOoi1k7df1qLJHfQTxhrVLt6NbX4/edit#gid=0 on this spreadsheet] using the 30-day weighted average USD/BSQ price and live USD/BTC price at the time.
-** If existing BSQ discount is under 55% or over 65%, calculate new BSQ trading fees to restore a 60% discount.
+** If existing BSQ discount is under 45% or over 55%, calculate new BSQ trading fees to restore a 50% discount.
 ** Update spreadsheet with new proposed fees. If there is no need for an update, leave the "New Fees" section blank.

@@ Line 1: / Line 1: @@
-'''Updating BSQ fees''' takes place every cycle to keep the BSQ [[trading fees]] at a 50% discount to BTC trading fees.
+'''Updating BSQ fees''' takes place every cycle to keep the BSQ [[trading fees]] at a 60% discount to BTC trading fees.
 The [[Compensation Maintainer]] takes the following steps to update BSQ trading fees.
@@ Line 10: / Line 10: @@
 * Calculate BSQ trading fee discount [https://docs.google.com/spreadsheets/d/1-hISy7F0NSqPnRxDOoi1k7df1qLJHfQTxhrVLt6NbX4/edit#gid=0 on this spreadsheet] using the 30-day weighted average USD/BSQ price and live USD/BTC price at the time.
-** If existing BSQ discount is under 45% or over 55%, calculate new BSQ trading fees to restore a 50% discount.
+** If existing BSQ discount is under 55% or over 65%, calculate new BSQ trading fees to restore a 60% discount.
 ** Update spreadsheet with new proposed fees. If there is no need for an update, leave the "New Fees" section blank.
@@ Line 28: / Line 28: @@
 == Reference ==
-The following issue led to the development of this procedure:
+Proposals [https://github.com/bisq-network/proposals/issues/173 #173] and [https://github.com/bisq-network/proposals/issues/365 #365] led to the development of this procedure.
 [[Category:Processes]]

@@ Line 17: / Line 17: @@
 Upon calculating the new BSQ fees, the [[Compensation Maintainer]] shall:
-* Create a new post on [https://github.com/bisq-network/proposals/ github proposals] with the title `BSQ trading fee update for Cycle X` indicating the new proposed trading fees and close the old post (or indicate in a comment at the already opened post if there will be no changes).
+* Create a new post on [https://github.com/bisq-network/proposals/ github proposals] with the title <code>BSQ trading fee update for Cycle X</code> indicating the new proposed trading fees and close the old post (or indicate in a comment at the already opened post if there will be no changes).
 * Submit DAO change parameter proposals for new BSQ trading fees and comment the corresponding TXIDs (if necessary).

@@ Line 18: / Line 18: @@
 * Post updated rates on [https://github.com/bisq-network/proposals/issues/202 proposal issue #202] (or indicate if there will be no changes).
-* Submit DAO change parameter proposals for new BSQ trading fees (if necessary).
+* Submit DAO change parameter proposals for new BSQ trading fees and comment the corresponding TXIDs (if necessary).
 == Communicate changes ==