BSQ trading fee update on Cycle 53
MwithM opened this issue · 4 comments
This proposal keeps a record of the process to keep the BSQ trading fee at the target discount to BTC trading fee. It will remain open until we need to update BSQ trading fees again.
Last update was #430
Cycle 53
Parameters (see issue)
- USD/BTC price: 37700
- USD/BSQ price: 1.05
- Current BSQ discount: 37.2%
It's necessary to update BSQ trading fee as current discount is not between the 40-60% target.
New BSQ trading fees
A change parameter request for BSQ trading fees will be submitted to DAO voting:
New BSQ maker fee: 26.93 BSQ per BTC.
New BSQ taker fee: 206.45 BSQ per BTC.
BSQ trading fees are calculated using the values proposed at #415.
BSQ Maker TXID: e683e3d752951546468ada34be1c2d2b512c8cd586ce9d107ff28ecb0675f2e0
BSQ Taker TXID: e8a2543549b2e63b27a860576eca1624a3fc21a5cf0113c6e3fbd841e6b3ade0
Trading fees updated as both proposals were accepted.
Software filters updated?
Wiki updated.
Proposal must remain open until a new update is required.
Cycle 54
Parameters (see issue)
- USD/BTC price: 42.700
- USD/BSQ price: 1.34
- Current BSQ discount: 43.7%
It's not necessary to update BSQ trading fee as current discount is within the 40-60% target.
Closed for a new update.