BSIP-0003

bsip-0003.md

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+    BSIP: 0003
+    Title: Maker / Taker Market Fees Flag
+    Authors: Daniel Larimer <Dan@cryptonomex.com>
+             Fabian Schuh <Fabian@BitShares.org>
+    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.