BSIP-0004: more discussion
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bsip-0004.md
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bsip-0004.md
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@ -33,11 +33,15 @@ redirect these profits to the referral program.
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# Discussion
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When enabling market fees for an asset, trading becomes slightly more expensive
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for traders and would discourage trades.
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On the other hand, having more funds to distribute for marketing in the form of
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referral rewards could improve exposure and incentivise to bring in new
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customers for our products and the trading platform which may result in
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increased profits from fees in general.
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for traders and could discourage trades. On the other hand, having more funds
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to distribute for marketing in the form of referral rewards could improve
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exposure and incentivise to bring in new customers for our products and the
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trading platform which may result in increased profits from fees in general.
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Furthermore, if percentage-based market fees were enabled now, they would end up
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in the issuers account, i.e. the committee-account, and could potentially be
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used by the committee to serve BitShares directly. By approving this proposal,
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those funds were distributed to the referral program which could improve
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adoption.
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# Copyright
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