Author Topic: [Committee Proposal] Setting market fee sharing for bitCNY, bitUSD and bitEUR  (Read 4746 times)

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Offline bench

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!

Online sschiessl

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.

Offline bitcrab

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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?
Email:bitcrab@qq.com

Offline binggo

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

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.
« Last Edit: June 19, 2019, 10:09:48 pm by binggo »

Offline Thul3

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Quote
did 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.



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


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


« Last Edit: June 19, 2019, 09:43:11 pm by Thul3 »

Offline binggo

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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?

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?

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.
« Last Edit: June 19, 2019, 10:08:46 pm by binggo »

Offline fav

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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?

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.

Offline binggo

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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?

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!

Offline bench

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!

Offline ripplexiaoshan

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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

Offline clockwork

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approved...

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

Offline binggo

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Transaction Fee

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.

Online sschiessl

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.

Offline bitcrab

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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。
« Last Edit: June 19, 2019, 04:53:35 am by bitcrab »
Email:bitcrab@qq.com

Offline btstodamoon

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