[bisq-network/support] Reimbursement request for trade 49320 (#502)

chimp1984 notifications at github.com
Mon Sep 21 21:05:22 UTC 2020


Here is my suggestion for how to deal with the issue with the 3 related cases of @invertedbobb:

https://github.com/bisq-network/support/issues/502
Trade 49320:
Buyer has no del. payout tx. No XMR sent. Seller not responding.
Trade amount: 2.00 BTC
Security deposit (buyer/seller): 0.42191307 BTC / 0.42191307 BTC
Peers onion: 47kfb2ryxubechhw3vez5x2vnw5mibascf47qki6zdoo6jsv

https://github.com/bisq-network/support/issues/501
Trade LMKSE38C:
Buyer has made del. payout tx. No XMR sent. Seller not responding.
Trade amount: 0.70 BTC
Security deposit (buyer/seller): 0.1050 BTC / 0.1050 BTC
Peers onion: 47kfb2ryxubechhw3vez5x2vnw5mibascf47qki6zdoo6jsv


https://github.com/bisq-network/support/issues/500
Trade: MZEFILM
Buyer has made del. payout tx. XMR sent. Seller not responding.
Trade amount: 2.00 BTC
Security deposit (buyer/seller): 0.42191307 BTC / 0.42191307 BTC
Peers onion: 47kfb2ryxubechhw3vez5x2vnw5mibascf47qki6zdoo6jsv


So buyer has locked up from the 3 trades with the same not responding peer in total:
0,42191307 BTC + 0,1050 BTC + 2,42191307 BTC = 2,94882614 BTC .
The not repsonding peer do not deserve any refund from his security deposits but should get back his trade amounts of the 2 trades where no XMR was transferred.
For compensating for the lost time, trade opportunity and effort for the DAOreimbursement @invertedbobb should receive the deposits from the peer of all 3 trades. As the peer did not respond it is a clear protocol violation which leads to loss of the deposit.

Peers deposts are: 
0,42191307 BTC + 0.1050 BTC +  0.42191307 = 0,94882614 BTC

So funds @invertedbobb deserves in Total are: 2,94882614 BTC + 0,94882614 BTC = 3,89765228 BTC


The 2 trades where the del. payout tx was made have in total: 
Trade LMKSE38C: 0.70 BTC + 0.1050 BTC + 0.1050 BTC = 0,91 BTC
and Trade MZEFILM: 2.00 BTC + 0.42191307 BTC + 0.42191307 BTC = 2,84382614 BTC
in Total: 3,75382614 BTC
Those funds can be used for reimbursement as they got burned to BSQ via the burningman.

The still locked up funds from trade 49320 are not available yet.

>From the 3,75382614 BTC @invertedbobb deserves at a minimum the  2,94882614 BTC to not experience a loss or 3,89765228 BTC including the deposit from the peer as extra compensation as usual in such cases.
As we have only 3,75382614 BTC available from the funds which got sent to the burningman @invertedbobb has to accept to receive that instead of 3,89765228 BTC (missing 0,14382614 BTC from remaining peers deposits).

If the not responding trader cooperates and publishes the delayed payout tx and opens an arbitration case he will get the trade amount from the 2 trades (2.7 BTC) where no XMR was transferred and invertedbob will receive the missing part of the peers deposits (0,14382614 BTC).

I think that solution is fair specially as the peer seems repeatedly violated the trade and dispute protocol. He still can get back his locked up funds if he cooperates with unlocking the funds from trade 49320.
The mediator has sent him a private notification message as well.

It is up to DAO voters to decide what they think is the best solution here. The above is only my private opinion.

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