Delayed Market Marker Payout | Planned BTS Fee Reduction
1 min readJan 4, 2018
CryptoBridge has always been required to pay fee for each payout we make to our traders. We decided to delay the market maker payout due to the upcoming BTS fee reduction.
Currently to process all the ~30k payments it will costs us ~1320 BTS or 1148 USD. With the upcoming fee reduction it will only be 99 BTS or 86 USD. A significant difference! The Proposal ends and goes live in 5 days
THE BTS-RFC to reduce the fees is available here http://cryptofresh.com/p/1.10.7264
As a result the market maker payouts will be executed on January 9th, 2018.
Thanks a lot for your support, patience and understanding. We have also written another article that explains the fees paid. You can visit CryptoBridge Fees Explained to learn more.
