Trading fees using BSQ

#1

Is the trading fee in BSQ tied to the price of USD or BTC?

If either rise or fall will the trading fee remain 1 BSQ?

Also do we know when the trading fee in BSQ will be raised?

Thx

#2

I’m not sure the economics of the BSQ token have been figured out, but I know that its value as the trade fee is one we can propose to change through the DAO. So for the moment its change is manual and would take around 4510 blocks to be proposed, voted on, approved and updated.

I think we can forget fiat and concentrate on the BSQ token value in terms of BTC.

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#3

I think both BTC and BSQ trading fees are fixed and are not subject to price change of either one.

As huey said, the DAO is the way we vote on changes from now on :blush:

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