<p></p>
<blockquote>
<p>Even if the secondary timelocks are implemented, i find that giving a cost for opening arbitration is still necessary.</p>
</blockquote>
<p>I disagree with this. I think it should be met by all traders in the trade fees.</p>
<p>Consider this in your proposal. I have a trade that goes wrong. Mediator makes a suggestion that I do not think is fair, or fails to take in to consideration my loses. I can now either accept the mediation I am unhappy with or risk going to arbitration where their will be an additional cost to pay.</p>
<blockquote>
<p>The main flaw of this proposal was to think that traders are getting a reward too high when it's a percentage of the deposit, so it's relative to trade amount.</p>
</blockquote>
<p>Yes, I agree with this.</p>
<p>I also think the issue was created by the DAO themselves when they limited the amount of BTC the refund agent could send as compensation.</p>
<p>Good to see their is discussion in new issues about how to address the underlying problem of burningman / too many trades going to arbitration.</p>

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