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Updating BSQ trading fees From Bisq Wiki Jump to navigation Jump to search 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. Contents 1 Determine new BSQ fees 2 Submit DAO parameter proposals 3 Communicate changes 4 Reference Determine new BSQ fees Three days before the end of proposal phase, the Compensation Maintainer shall: Calculate BSQ trading fee discount 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. Submit DAO parameter proposals Upon calculating the new BSQ fees, the Compensation Maintainer shall: Create a new post on 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). Submit DAO change parameter proposals for new BSQ trading fees and comment the corresponding TXIDs (if necessary). Communicate changes Once DAO results are available, the Compensation Maintainer shall: Update the trading fees page with new BSQ trading fees. Reference Proposals #173 and #365 led to the development of this procedure. Retrieved from " http://s3p666he6q6djb6u3ekjdkmoyd77w63zq6gqf6sde54yg6bdfqukz2qd.onion/index.php?title=Updating_BSQ_trading_fees&oldid=3029 " Category : Processes Navigation menu Personal tools English Log in Namespaces Page Discussion Variants Views Read View source View history More Search Navigation Main page Recent changes Random page Help about MediaWiki Tools What links here Related changes Special pages Printable version Permanent link Page information This page was last edited on 16 October 2022, at 16:51. Privacy policy About Bisq Wiki Disclaimers