Author Topic: [Committee Proposal] Setting market fee sharing for bitCNY, bitUSD and bitEUR  (Read 9968 times)

0 Members and 1 Guest are viewing this topic.

Offline binggo

  • Hero Member
  • *****
  • Posts: 2374
  • 世间太多瘪犊子
    • View Profile
This is not the reason to suck blood from the smartcoin.

Who is the biggest beneficiary from it? the LFM? do you think so?

Did it have any help to the gearing risk?

The wool should reward where they come from.

Especially the smartcoin, who produced the smartcoin, did the producer get any benefit from it?
He can borrow as long as he wants at almost zero costs with zero interest rate. What do you want more?

Offline bench

Especially the smartcoin, who produced the smartcoin, did the producer get any benefit from it?
He can borrow as long as he wants at almost zero costs with zero interest rate. What do you want more?
Be part of the change and vote for the bitshares-vision proxy!

Offline binggo

  • Hero Member
  • *****
  • Posts: 2374
  • 世间太多瘪犊子
    • View Profile
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.

Offline bench

Be part of the change and vote for the bitshares-vision proxy!

Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 12922
  • ChainSquad GmbH
    • View Profile
    • ChainSquad GmbH
  • BitShares: xeroc
  • GitHub: xeroc

Offline BunkerChainLabs-DataSecurityNode

I support this effort. +5%

bunkerchainlabs-com committee member has voted to approve.

Jonathan
+-+-+-+-+-+-+-+-+-+-+
www.Peerplays.com | Decentralized Gaming Built with Graphene - Now with BookiePro and Sweeps!
+-+-+-+-+-+-+-+-+-+-+

Offline Bangzi

  • Sr. Member
  • ****
  • Posts: 321
    • View Profile
    • Steemit: Bangzi
  • BitShares: bangzi
Bitshares DEX - Over 1000 Coins, Buy, Sell, Transfer & List Any Coins |Free Signup Today: https://wallet.bitshares.org/?r=bangzi


Offline fav

  • Hero Member
  • *****
  • Posts: 4278
  • No Pain, No Gain
    • View Profile
    • Follow Me!
  • BitShares: fav
Got my vote! Thanks for the initiative.

What exactly did you create? That is not a worker id 1.10.34553

Probably a committee vote.

I'll support this initiative!

Offline sschiessl

  • Administrator
  • Hero Member
  • *****
  • Posts: 662
    • View Profile
  • BitShares: sschiessl
Got my vote! Thanks for the initiative.

What exactly did you create? That is not a worker id 1.10.34553
« Last Edit: June 18, 2019, 01:35:00 pm by sschiessl »

Offline bitcrab

  • Committee member
  • Hero Member
  • *
  • Posts: 1928
    • View Profile
  • BitShares: bitcrab
  • GitHub: bitcrab
Does this utilize vesting balances as referrals currently do? Note vesting balances are currently only denominated in BTS, not bitCNY or bitUSD.

you can check here https://github.com/bitshares/bitshares-ui/issues/2770

will be totally ready in the next GUI release in recent future.
Email:bitcrab@qq.com

Offline JohnR

  • Committee member
  • Full Member
  • *
  • Posts: 96
    • View Profile
Does this utilize vesting balances as referrals currently do? Note vesting balances are currently only denominated in BTS, not bitCNY or bitUSD.

Offline bitcrab

  • Committee member
  • Hero Member
  • *
  • Posts: 1928
    • View Profile
  • BitShares: bitcrab
  • GitHub: bitcrab
Three committee proposals are created to update bitCNY, bitUSD and bitEUR.

1.10.34553 set bitCNY reward percent to 80%, market fee to 0.1%.

1.10.34555 set bitUSD reward percent to 80%, market fee to 0.1%.

1.10.34565 set bitEUR reward percent to 80%, market fee to 0.1%.

All the three proposals will expire at 2019-7-1 00:00:00 UTC.

The 80% reward percent and 0.1% market fee can help to

1.generate enough incentive for referral.
2.add more value to LTM, as LTM will actually need only to pay 0.02% fee and have chance to get good referral reward.

and at the same time, 0.1% is not too high a fee rate, it is still a normal exchange fee rate.

Committee members, please check and vote according to your opinion.

forum discussion:
https://bitsharestalk.org/index.php?topic=28517.0
« Last Edit: June 19, 2019, 04:52:38 am by bitcrab »
Email:bitcrab@qq.com