Author Topic: [Worker Proposal] Reduce onboarding registrar  (Read 973 times)

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Offline binggo

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Re: [Worker Proposal] Reduce onboarding registrar
« Reply #15 on: September 03, 2019, 12:33:53 pm »
Please mention the BSIP so we can push for it
The initial version is limited to market fees and not flat BTS fees:
https://github.com/bitshares/bsips/pull/133/files#diff-6ff5a943ba1c6c4da49be09c93482041

This is a very naive bsips, it can't get any Motivation which describe.
now we have low fee for trading,  the LM only have 0.02% fee,

if 0.02% fee can't get these motivation, how this BSIP can?! ::)

With this BSIP, people will run away from this market.

Quote
## Motivation
- To provide additional marketing tools to encourage traders.
- To increase trading volume on BitShares.
- To attract traders to the ecosystem.

\> 50K | 0.01% | 0.07%
 

     
« Last Edit: September 03, 2019, 12:50:03 pm by binggo »

Offline bench

Re: [Worker Proposal] Reduce onboarding registrar
« Reply #16 on: September 03, 2019, 01:59:14 pm »
@binggo
This BSIP was for OL gateway coins designed. This has nothing to do with bitAssets market fees.
« Last Edit: September 03, 2019, 03:03:41 pm by bench »
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Offline xeroc

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Re: [Worker Proposal] Reduce onboarding registrar
« Reply #17 on: September 04, 2019, 07:24:58 am »
Tell me, if registering accounts cost BTS, and the faucet doesn't earn BTS from referral reward, how long do you think this can be self-sustained? (ignoring the expense for hosting the faucet even).
I need to tell you, if registration costs BTS?

The onboarding account does still earns 80% from BTS and market fees for every non-LTM signup, when registrar = 0%. This is not enough to cover the 2 cents registration fee and worker costs?

The bts++ team is generating 5 figures only from the market fee share per month!

Here is the thing: The worker was proposed in a certain way (defined in the worker proposal).
Changing terms in the middle is not good business. If you want to have it 0%, it may be viable long term, but a subsequent worker needs to propose it that way.
This worker and its parameters are set in stone.
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Offline bench

Re: [Worker Proposal] Reduce onboarding registrar
« Reply #18 on: September 04, 2019, 10:00:47 am »
Here is the thing: The worker was proposed in a certain way (defined in the worker proposal).
Changing terms in the middle is not good business. If you want to have it 0%, it may be viable long term, but a subsequent worker needs to propose it that way.
This worker and its parameters are set in stone.
Can you provide numbers for the income by reducing registrar from 15% to 0?

What percentage is non-LTM signup and LTM-referrral signup?
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Offline clockwork

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Re: [Worker Proposal] Reduce onboarding registrar
« Reply #19 on: September 04, 2019, 10:49:28 am »
Here is the thing: The worker was proposed in a certain way (defined in the worker proposal).
Changing terms in the middle is not good business. If you want to have it 0%, it may be viable long term, but a subsequent worker needs to propose it that way.
This worker and its parameters are set in stone.
Can you provide numbers for the income by reducing registrar from 15% to 0?

What percentage is non-LTM signup and LTM-referrral signup?

i would be interested to know these as well for fee-schedule calculations if you can get them Fabian.

Offline xeroc

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Re: [Worker Proposal] Reduce onboarding registrar
« Reply #20 on: September 05, 2019, 01:07:14 pm »
Since that worker is voted out and hardly even pays for the infrastructure i provide for it (let alone all the coding to offer detailed analysis on the registered accounts), I cannot put more time and efforts into this faucet.

Maybe some hobbyist has fun digging into elasticsearch, but I have to feed a family.
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