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BSQ rate for Cycle 34 is 1.23 USD per BSQ #1022

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MwithM opened this issue Mar 7, 2022 · 3 comments
Closed

BSQ rate for Cycle 34 is 1.23 USD per BSQ #1022

MwithM opened this issue Mar 7, 2022 · 3 comments
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@MwithM
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MwithM commented Mar 7, 2022

The recommended rate to be used for compensation requests on cycle 34 is 1.23 USD/BSQ.

image

@pazza83 alerted me that the spread for BSQ trading was high and trying to use a higher outlier threshold at Settings. I have used 20% instead of 5%, the results are significantly different (1.23 vs 1.18). The reasons to chose the former are that it seems to reflect better the current market and that lately, in case of doubt I tend to chose the option with less costs for the DAO.
Comment here if you disagree with the 1.23 rate as soon as possible.

Rate for last cycle: #996
More info about the Compensation process at https://bisq.wiki/Compensation

@MwithM MwithM added the nobot Indicates that compensation bot should not parse the issue. label Mar 7, 2022
@MwithM MwithM added this to the Cycle 34 milestone Mar 7, 2022
@MwithM MwithM self-assigned this Mar 7, 2022
@MwithM MwithM pinned this issue Mar 7, 2022
@MwithM MwithM added this to In Progress in Compensation Request Board Mar 7, 2022
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With how long of a distance from cycle deadline is BSQ rate computed?
I currently see 1.12USD and in general last cycle has seen quite a depreciation of BSQ compared to previous, to have just a delta of a couple of cents; just fuel for discussion.

@MwithM
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MwithM commented Mar 16, 2022

The rate is calculated as soon as the cycle starts, using the 30 day average.

@MwithM MwithM mentioned this issue Mar 21, 2022
@pazza83 pazza83 mentioned this issue Mar 22, 2022
@cbeams cbeams mentioned this issue Mar 29, 2022
@MwithM
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MwithM commented Apr 7, 2022

End of Cycle 34

@MwithM MwithM closed this as completed Apr 7, 2022
Compensation Request Board automation moved this from In Progress to Closed Apr 7, 2022
@MwithM MwithM unpinned this issue Apr 7, 2022
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