[bisq-network/proposals] Proposal to increase trade deposit to 30% (#233)
notifications at github.com
Thu Jun 25 15:36:33 UTC 2020
The trade protocol we have is built to have a very low number of arbitration cases. For now we're surviving by the fact that we have an arbitrator that handles these cases. There is a rather high probability that the arbitrator will leave.
Once there is no arbitrator each user would have to go to the DAO to ask for reimbursement for each case that goes to arbitration as the DAO is the ultimate arbitrator. That leads to users not getting their funds back for a month or two, a pretty bad situation for both users and DAO contributors alike.
The jump from 15% to 30% is meant to be a significant increase. If the extra incentive doesn't help we can lower it.
I think we should have notifications, that would be great. I think the api can help with that, but that's not ready for production.
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