Author Topic: [Committee Proposal] Setting market fee sharing for bitCNY, bitUSD and bitEUR  (Read 1463 times)

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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.

Online 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.

Offline clockwork

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approved...

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

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 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!

Online 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 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.
Join us on Telegram: https://t.me/btstalk

Online 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 »

Online 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 »

Online 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 »

Online 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?

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 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!