From 37777bcafd498969ce03c84e7d5fe7f44bce9435 Mon Sep 17 00:00:00 2001 From: Fabian Schuh Date: Wed, 16 Dec 2015 11:52:19 +0100 Subject: [PATCH] BSIP-0003 --- bsip-0003.md | 32 ++++++++++++++++++++++++++++++++ 1 file changed, 32 insertions(+) create mode 100644 bsip-0003.md diff --git a/bsip-0003.md b/bsip-0003.md new file mode 100644 index 0000000..0598e44 --- /dev/null +++ b/bsip-0003.md @@ -0,0 +1,32 @@ + BSIP: 0003 + Title: Maker / Taker Market Fees Flag + Authors: Daniel Larimer + Fabian Schuh + Status: Deferred + Type: Protocol + Created: 2015-12-16 + Discussion: https://github.com/cryptonomex/graphene/issues/468 + Worker: not available yet + +# Abstract + +Under this proposal, an asset issuer could enable a flag on their asset that +would not charge any market fees for open orders. The market fee would only be +charged to the taker (the individual whose new order is actively being matched). + +# Motivation + +This would incentivise people to leave orders on the books (it is cheaper). The +only person who would pay a fee would be the one who wants immediate liquidity. + +# Specifications + +# Discussion + +Since this feature does nothing unless the asset issuer updates the asset flags +to enable this feature, we can leave it to the committee to decide (as this is a +fee related question). In this way the community (via committee) has control. + +# Copyright + +This document is placed in the public domain.