Author Topic: [Committee Proposal] Setting market fee sharing for bitCNY, bitUSD and bitEUR  (Read 7305 times)

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Offline binggo

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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

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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

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Offline BunkerChainLabs-DataSecurityNode

I support this effort. +5%

bunkerchainlabs-com committee member has voted to approve.

Jonathan
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Offline Bangzi

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Offline fav

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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

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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

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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.
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Offline JohnR

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Does this utilize vesting balances as referrals currently do? Note vesting balances are currently only denominated in BTS, not bitCNY or bitUSD.

Offline bitcrab

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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 »
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