[bisq-network/compensation] For Cycle 8 (#431)

[niyid]

## Summary
> _Specify the total amount of BSQ you are requesting:_

 - BSQ requested:
**`12500 BSQ`** 
 <!--
 Don't forget to make your compensation request in the actual Bisq DAO! See the following link for details:
 https://docs.bisq.network/compensation.html
 -->


## Contributions delivered

> _Provide links to contributions you have [delivered](https://github.com/bisq-network/proposals/issues/19), the amount of BSQ you are requesting for each, and any comments that will help stakeholders understand its value._

[Monero Integration Incubator Project - Milestones 3 & 4a](https://github.com/bisq-xmr-incubator/incubator-bisq-xmr-integration) - `10,000 BSQ`

Dear All,

It is said that where there is a will, there is a way. Also nothing gets done when it is already decided that it is impossible. After many false starts (and a bit of floundering in the desert), I have decided that for now the best approach to quickly achieve a workable design and working product is to have the following:

1. An offer is created with the fees and security deposit in BSQ. This avoids the most daunting issue of how the fees and security deposit can be drawn from an XMR wallet to the purse of Bisq.
2. While the offer displays in XMR, internally it is stored as BSQ using the BSQ to XMR conversion rate.
3. When an offer is accepted (and trade commences), the equivalent of the offer in XMR is first transferred into a 2/2 multisig wallet from whence it is then delivered to the taker's designated XMR address on completion of the trade.

Parts 1 and 2 of this design have been completed and part 3 is a work in progress. Indeed the entire project is still a work in progress as I get more familiar with the existing code; and realize that at least an easier solution exists which would have required less additions/changes to the code base (and therefore lowered the chance of introducing bugs/errors) and allowed delivery of the project in no more than a month compared to the current presented estimates.

I will also still continue to explore ways that can make XMR fee and security deposit payments directly from a wallet, possible.

You may refer to the updated and attached project plan/estimates.

Regards.

### Other Contributions
https://github.com/bisq-network/bisq/issues/3352 - `1,000 BSQ`
https://github.com/bisq-network/bisq/issues/3510 - `1,500 BSQ`

[Proposal_110_Milestones.xlsx](https://github.com/bisq-network/compensation/files/3957333/Proposal_110_Milestones.xlsx)
## Contributions in progress

> _Provide links to work you're involved with that is still [in progress](https://github.com/bisq-network/proposals/issues/19). **This section is optional,** and is for your own benefit in keeping track of what you're doing and keeping other contributors up to date with the same._

[Monero Integration Incubator Project - Milestones 4b, 4c, 4d, 4e and 5](https://github.com/bisq-xmr-incubator/incubator-bisq-xmr-integration)

https://github.com/bisq-network/bisq/issues/3292
https://github.com/bisq-network/bisq/issues/3328
https://github.com/bisq-network/bisq/issues/3338
https://github.com/bisq-network/bisq/issues/3345
https://github.com/bisq-network/bisq/issues/3401
https://github.com/bisq-network/bisq/issues/3408

## Roles performed

> _Provide links to your [monthly report](https://github.com/bisq-network/proposals/issues/13) on any roles you are responsible for._


-- 
You are receiving this because you are subscribed to this thread.
Reply to this email directly or view it on GitHub:
https://github.com/bisq-network/compensation/issues/431
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.bisq.network/pipermail/bisq-github/attachments/20191212/b47cba8a/attachment-0001.html>