Author Topic: Chain parameters and fee schedule updated for 5.0 Splash  (Read 15032 times)

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Offline abit

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UPDATE:

The "worker budget per day" parameter is being adjusted to 1 BTS: https://bts.ai/block/52658802

As of writing, one worker "BitShares Legal Attorney and Representative 2020" (ID 1.14.248, proposed by "escrow.zavod.premik" has been active for one day and received 3000 BTS.
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Offline bench

I don't think so.
For every liquidity pool, an asset need to be created, which is at least 965 BTS of fee (1/2 for non-LTMs due to initial fee pool, 1/10 for LTMs).
Ok, pool creation fees, does not include the asset creation fee, but is on top.
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Offline abit

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Liquidity pool fees:
create: 50 BTS
too cheap, 250-500BTS is fair
I don't think so.
For every liquidity pool, an asset need to be created, which is at least 965 BTS of fee (1/2 for non-LTMs due to initial fee pool, 1/10 for LTMs).
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Offline bench

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

Offline abit

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UPDATE 2020-10-03

Reduced limit order creation fee to 0.48 BTS (taker 0.48, maker 0.02)
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Offline abit

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I understand what you're saying.

On the other hand, if you do not want to take some dust, you do not take it.
But when I make an order, which is outside of the market center price, I become taker and I need to take all dust orders, before market gets liquidity.
Created a proposal to reduce taker fee to 0.48 BTS.
Maker refund is kept at 96%, so maker fee is reduced too.
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Offline bench

I understand what you're saying.

On the other hand, if you do not want to take some dust, you do not take it.
But when I make an order, which is outside of the market center price, I become taker and I need to take all dust orders, before market gets liquidity.
Be part of the change and vote for the bitshares-vision proxy!

Offline abit

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Increased limit order taking fee to 0.9 BTS

This is too high, because not every order has 10k BTS. In reality we have markets with more and smaller orders. This means the taker needs always to pay the full taker fee for every dust order on the book.

0.3BTS should be the maximum here.
If the account is LTM the fee is 0.18.

Yes, but I don't think it is fair to charge 20x for a taker on every dust order. The fee structure makes sense for the pool, because the whole pool is traded.
10x increase against the maker order is enough here.
I understand what you're saying.

On the other hand, if you do not want to take some dust, you do not take it.
BitShares committee member: abit
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Offline bench

Increased limit order taking fee to 0.9 BTS

This is too high, because not every order has 10k BTS. In reality we have markets with more and smaller orders. This means the taker needs always to pay the full taker fee for every dust order on the book.

0.3BTS should be the maximum here.
If the account is LTM the fee is 0.18.

Yes, but I don't think it is fair to charge 20x for a taker on every dust order. The fee structure makes sense for the pool, because the whole pool is traded.
10x increase against the maker order is enough here.
Be part of the change and vote for the bitshares-vision proxy!

Offline abit

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Increased limit order taking fee to 0.9 BTS

This is too high, because not every order has 10k BTS. In reality we have markets with more and smaller orders. This means the taker needs always to pay the full taker fee for every dust order on the book.

0.3BTS should be the maximum here.
If the account is LTM the fee is 0.18.
BitShares committee member: abit
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Offline bench

Increased limit order taking fee to 0.9 BTS

This is too high, because not every order has 10k BTS. In reality we have markets with more and smaller orders. This means the taker needs always to pay the full taker fee for every dust order on the book.

0.3BTS should be the maximum here.
« Last Edit: October 01, 2020, 06:51:15 pm by bench »
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Offline gghi

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当前BTS起死回生阶段,降低玩家费用,利于进场才行。赌客多了,自然容易赚钱。没有玩家再高的费用都是空气。BTS就是赌场平台,做好服务。

Offline binggo

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Increased limit order taking fee to 0.9 BTS

这个有点高啊...
不收费怎么赚钱

收着这么高的处理费,又收着跟CEX一样的市场交易手续费。

1毛6分钱一次太贵了,0.09 BTS都行,太高对市商太不友好,大家都减少了上单量,见证人必然要打很多空块。
市商是 maker 又不是 taker

maker 有96%的返款,折算下来成本大概 0.03 BTS 还不算 LTM 返佣,很便宜了。

taker 多收点没大毛病。吃个单 1 BTS 利润都没有,玩个毛。浪费硬盘和流量。

嗯,谁说吃个单就一个有1 个bts的利润,万一一个bts=50块了呢?1毛6也不一定赚到,这中间不还有市场交易手续费

再者,市商bot哪有光maker不taker的...光等着普通交易者来做taker,这个盘面基本就跟死水一样
« Last Edit: September 29, 2020, 12:42:49 pm by binggo »

Offline abit

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OP UPDATED

reduced bitasset update fee and feed producers update fee to around 24 BTS each.

On-chain: https://bts.ai/block/51881537

doc: https://github.com/bitshares/committee-tools/pull/20
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Offline abit

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Quote
Increased limit order taking fee to 0.9 BTS

这个有点高啊...
不收费怎么赚钱

收着这么高的处理费,又收着跟CEX一样的市场交易手续费。

1毛6分钱一次太贵了,0.09 BTS都行,太高对市商太不友好,大家都减少了上单量,见证人必然要打很多空块。
市商是 maker 又不是 taker

maker 有96%的返款,折算下来成本大概 0.03 BTS 还不算 LTM 返佣,很便宜了。

taker 多收点没大毛病。吃个单 1 BTS 利润都没有,玩个毛。浪费硬盘和流量。
« Last Edit: September 29, 2020, 11:08:02 am by abit »
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