Difference between revisions of "Updating BSQ trading fees"

Revision as of 17:19, 1 April 2020

Stub: Document the process to keep BSQ trading fees discount up to date, using 30 day average as stated in this proposal.

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 Stub: Document the process to keep BSQ trading fees discount up to date, using 30 day average as stated in this [https://github.com/bisq-network/proposals/issues/173 proposal].
+<!---In order to keep the BSQ [[trading fees]] discount mark of 50% against using BTC, Compensation Maintainer will perform the next actions every cycle:
+==== Three days before the end of proposal phase ====
+* Calculate on the BSQ trading fees [https://cryptpad.fr/sheet/#/2/sheet/view/9wasbqRHbCYoknAdPQdFR3cdYaYaesxTBpqJGIteX2M/ spreadsheet] the current BSQ discount using the 30 day weighted average USD/BSQ price and current USD/BTC price.
+* If current BSQ discount is 5% over or under 50%, establish on the BSQ trading fees spreadsheet the new fees to bring them back to the 50% mark. Leave new fees on blank if there's no need to update BSQ trading fees.
+* If needed, submit DAO change parameter proposals with the new BSQ maker and taker trading fees.
+* Post at proposal # the rates for next cycle even if there's no changes.
+==== Vote result phase ====
+* Update [trading fees] wiki page if new BSQ trading fees are approved by DAO voting.
+==== References ====
+https://github.com/bisq-network/proposals/issues/173--->
 [[Category:Processes]]