[bisq-network/proposals] Increase security deposits to avoid future trades and mediation. (#155)

taxd notifications at github.com
Tue Dec 17 09:24:57 UTC 2019


> _This is a Bisq Network proposal. Please familiarize yourself with the [submission and review process](https://docs.bisq.network/proposals.html)._

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I propose that the minimum security deposit for both buyer and seller should be increased to at least 15%. This will increase the skin in the game for the traders and incentivize them to quickly finalise the trade themselves without going into mediation which is very costly for the DAO. In addition there will be fewer future trades. As is it now a standard trade is in fact an option for the buyer and a cheap one at that. This is not sustainable in the longer run. Sophisticated traders will know that they should increase the security deposit in volatile times, but most traders are not that sophisticated.

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https://github.com/bisq-network/proposals/issues/155
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