Author Topic: Chain parameters and fee schedule updated for 5.0 Splash  (Read 1414 times)

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Offline abit

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Re: Chain parameters and fee schedule updated for 5.0 Splash
« Reply #15 on: October 03, 2020, 06:31:51 am »
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 abit

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Re: Chain parameters and fee schedule updated for 5.0 Splash
« Reply #16 on: October 03, 2020, 10:29:19 am »
UPDATE 2020-10-03

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

Re: Chain parameters and fee schedule updated for 5.0 Splash
« Reply #17 on: October 06, 2020, 12:07:39 am »
Liquidity pool fees:
create: 50 BTS
too cheap, 250-500BTS is fair
Be part of the change and vote for the bitshares-vision proxy!

Offline abit

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Re: Chain parameters and fee schedule updated for 5.0 Splash
« Reply #18 on: October 06, 2020, 10:40:13 am »
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

Re: Chain parameters and fee schedule updated for 5.0 Splash
« Reply #19 on: October 06, 2020, 04:42:47 pm »
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.
Be part of the change and vote for the bitshares-vision proxy!

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Re: Chain parameters and fee schedule updated for 5.0 Splash
« Reply #20 on: October 26, 2020, 12:34:40 pm »
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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