[bisq-network/proposals] Bisq donates to other projects (#48)

[Chris Beams]

@ManfredKarrer wrote:

> A reason why I would like to get a consensus for that is because it makes it easier if we add that before the DAO mainnet launch. Afterwards it will likely require a hard fork or at least some hacks.

That makes sense, and I don't have any problem preparing to support this, but I wouldn't want to rush into it e.g. by supporting this from day one of the mainnet launch.

One reason for this is that donating BTC to supporting projects actually gives users an incentive to continue paying trading fees in BTC, because they want to feel good about supporting, say, Tor. This would work against the incentives we intend to create for them to pay in BSQ. It would be a confusing message, so I say we keep the communication simple out of the gate. Users have two options: pay fees in BTC, or pay lower fees in BSQ. That's it.

The second reason I'd avoid going live with this immediately or even early in the process of launching the DAO is that it's just unnecessary complexity. My assumption all along (we never actually discussed it) is that when the DAO goes live on mainnet, arbitrators will begin to submit compensation requests for their work to be paid in BSQ, just like all other contributors, but that they would deduct from those compensation requests whatever amount they got compensated directly in BTC. In the early days after the DAO goes live, this might mean that the arbitrators request zero BSQ because they are still getting compensated sufficiently via BTC. But as time goes on and (hopefully) more and more users choose to pay fees in BSQ, the arbitrators would begin requesting non-zero sums of BSQ to make up for the BTC they're no longer receiving. At some point in this process, the percentage of fees paid in BTC may become sufficiently low that it starts making sense to just donate it to other projects, and at that point we could start using the support that we've built in for that. This gradual, phased approach could also work well with the introduction of moderators into the dispute resolution system, which I also assume we will not switch to on day one of the DAO going live, but will rather introduce at a later time.



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