[bisq-network/bisq] How to calculate trade penalties? (#5324)

pazza notifications at github.com
Fri Apr 2 03:22:38 CEST 2021


> @pazza83 is it possible if a trade go to mediation to ask for a heavy penalty with this chart ?

Yes, but it would only be proposed if their was fault at the buyers or sellers end.

In your example you are in a rush for in a rush for some payment in fiat and just want to trade on Bisq. You choose a 24 hour payment method. If buyer send funds 3 days late you would be awarded 15% of their security deposit.

>That could impact all conversations and mediation for this trade. 

It should impact it. You would say to the late buyer sorry due to the late payment their will be a 15% penalty. Mediator would propose this. Buyer can either accept or reject proposal. If they accept the trade would go to arbitration.

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