33 lines
1 KiB
Markdown
33 lines
1 KiB
Markdown
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BSIP: 0003
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Title: Maker / Taker Market Fees Flag
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Authors: Daniel Larimer <Dan@cryptonomex.com>
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Fabian Schuh <Fabian@BitShares.org>
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Status: Deferred
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Type: Protocol
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Created: 2015-12-16
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Discussion: https://github.com/cryptonomex/graphene/issues/468
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Worker: not available yet
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# Abstract
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Under this proposal, an asset issuer could enable a flag on their asset that
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would not charge any market fees for open orders. The market fee would only be
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charged to the taker (the individual whose new order is actively being matched).
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# Motivation
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This would incentivise people to leave orders on the books (it is cheaper). The
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only person who would pay a fee would be the one who wants immediate liquidity.
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# Specifications
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# Discussion
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Since this feature does nothing unless the asset issuer updates the asset flags
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to enable this feature, we can leave it to the committee to decide (as this is a
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fee related question). In this way the community (via committee) has control.
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# Copyright
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This document is placed in the public domain.
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