[Committee Proposal] Setting market fee sharing for bitCNY, bitUSD and bitEUR

Started by bitcrab, June 18, 2019, 01:16:14 PM

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bench

Quote from: bitcrab on November 28, 2019, 10:48:24 AM
Thoughts?

I am against increasing market fees, but until BitShares has enough income sources, this is a good short term fix.
Be part of the change and vote for the bitshares-vision proxy!

sschiessl

Quote from: bitcrab on November 28, 2019, 10:48:24 AM
I am considering to change the market fee referral reward from 80% to 60% for this 3 smartcions.

because:

1. BTS need more income, now bitCNY income is much lower than months ago, this change can double the market fee income of relevant smartcoins(means from 0.1%*20% to 0.1%*40%)

2. market fee paid by LTM change from 0.02% to 0.04%, it is still very low.

3.60% sharing to referrer is still a very high incentive.

Thoughts?

+1

None of the external entities benefiting from this have expressed their opinion on this, or any kind of feedback. I am in favor of this change, I would like to hear opinion of those entities who might also be able to provide statistics.

bitcrab

I am considering to change the market fee referral reward from 80% to 60% for this 3 smartcions.

because:

1. BTS need more income, now bitCNY income is much lower than months ago, this change can double the market fee income of relevant smartcoins(means from 0.1%*20% to 0.1%*40%)

2. market fee paid by LTM change from 0.02% to 0.04%, it is still very low.

3.60% sharing to referrer is still a very high incentive.

Thoughts?

binggo

I think you need to do a research and then say it.

Quote from: Thul3 on June 19, 2019, 09:35:51 PM
The borrower by getting an interest free loan.
I don't know any other exchange which is giving interest free loans.

I own my keys of every wallet, i own my keys of BTC/RIPPLE/ETH.....so its even better?

Quote
You own your keys so its even better

If the bitshare only live because of gateway, it should go to die,because it will be CEX,not DEX.
Quote
Bitshares will be back on top where it belongs.

Thul3

Quotedid the producer get any benefit from it?
The borrower by getting an interest free loan.
I don't know any other exchange which is giving interest free loans.



Quoteyou can't give the service which compare to the CEX.
You own your keys so its even better


QuoteSo, let it go to die!!!
Bitshares will be back on top where it belongs.



binggo

So, let it go to die!!!

if the bitshare only live because of gateway, it should go to die, because it will be CEX, not DEX.

The gateway had charge fee from their service, now they want the profit from the service they didn't provide?

Quote from: fav on June 19, 2019, 05:50:55 PM
Quote from: binggo on June 19, 2019, 02:35:50 PM
Who is the biggest LTM? Do you know? Faucet and gateway!

Suck blood from the smartcoin to feed them? if BTS didn't have smartcoin, where did you want to get this?

Whe i claim the vesting balances i need pay 50.52 BTS fee to got 50 bts?

Quote from: bench on June 19, 2019, 02:23:27 PM
Now everyone pays a 0.04% fee, which gets to Bitshares.
Afterwards Bitshares gets only 0.02%, what a LTM has, to pay.
The main benefit goes to LTM!

gateways are the only reason bitshares is still alive.

fav

Quote from: binggo on June 19, 2019, 02:35:50 PM
Who is the biggest LTM? Do you know? Faucet and gateway!

Suck blood from the smartcoin to feed them? if BTS didn't have smartcoin, where did you want to get this?

Whe i claim the vesting balances i need pay 50.52 BTS fee to got 50 bts?

Quote from: bench on June 19, 2019, 02:23:27 PM
Now everyone pays a 0.04% fee, which gets to Bitshares.
Afterwards Bitshares gets only 0.02%, what a LTM has, to pay.
The main benefit goes to LTM!

gateways are the only reason bitshares is still alive.
Join us on Hive: [url="https://peakd.com/c/hive-120117/created"]https://peakd.com/c/hive-120117/created[/url]

binggo

Who is the biggest LTM? Do you know? Faucet and gateway!

Suck blood from the smartcoin to feed them? if BTS didn't have smartcoin, where did you want to get this?

Whe i claim the vesting balances i need pay 50.52 BTS fee to got 50 bts?

Quote from: bench on June 19, 2019, 02:23:27 PM
Now everyone pays a 0.04% fee, which gets to Bitshares.
Afterwards Bitshares gets only 0.02%, what a LTM has, to pay.
The main benefit goes to LTM!

bench

Quote from: binggo on June 19, 2019, 12:46:24 AM
Who is the biggest beneficiary from it? the LFM? do you think so?

Now everyone pays a 0.04% fee, which gets to Bitshares.
Afterwards Bitshares gets only 0.02%, what a LTM has, to pay.
The main benefit goes to LTM!
Be part of the change and vote for the bitshares-vision proxy!

ripplexiaoshan

Support, I have been waiting market fee sharing for a long time.

The remaining 20% goes to this proposal?
https://bitsharestalk.org/index.php?topic=28508.0
BTS committee member:jademont

clockwork

approved...

If market fee sharing picks up we might need to revisit the LTM membership costs

binggo

Transaction Fee

Quote from: sschiessl on June 19, 2019, 06:31:47 AM
Quote from: binggo on June 18, 2019, 10:57:03 PM
Don't support.

Especially the smartcoin, who produced the smartcoin, did the producer get any benefit from it?

Especially market fee to 0.1%,  you can't give the service which compare to the CEX.

I would also not mind a lower fee (e.g. 0.04%). The cashback is an aweseome incentive IMO and should be set independent of market fee.

sschiessl

Quote from: binggo on June 18, 2019, 10:57:03 PM
Don't support.

Especially the smartcoin, who produced the smartcoin, did the producer get any benefit from it?

Especially market fee to 0.1%,  you can't give the service which compare to the CEX.

I would also not mind a lower fee (e.g. 0.04%). The cashback is an aweseome incentive IMO and should be set independent of market fee.

bitcrab

Quote from: btstodamoon on June 19, 2019, 02:25:01 AM
嘴上比我急,妈的7月1号生效,肏

也就10天嘛。
需要给点时间让理事们批准,GUI发修好bug的新版,GDEX也要升级红包功能把这个集成进去,总之需要做的事情还很多,不急这几天。

btstodamoon