[bisq-network/proposals] Distribute BTC fees to contributors of last DAO cycle (#305)

chimp1984 notifications at github.com
Wed Feb 3 00:40:52 CET 2021


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

An alternative idea to previously discussed ideas how we can improve the handling of the BTC fees would be to distribute the BTC fee to all contributors of the last DAO cycle (or a collection of the past cycles) weighted by the received compensation.

It would have the positive psychological effect that every contributor receives a stream of payments every day. But a problem would be that many tiny payments blow up the BitcoinJ wallet in Bisq. To avoid that we could advice the contributors to use a non-Bisq wallet for that (e.g. Bitcoin core). We would need to extend the Compensation request data to include a BTC donation address. We have the `extraDataMap` field for that so technically that should work.

This would solve the problem of the BTC fee sent to the burningman and getting burned. The loss for the DAO from the missing burned BSQ would be compensated by lower issuance for compensation requests. E.g. If it shows that contributor get about 20% of their requests extra by that fee we should get to lower amounts for future requests to not overpay contributors.

I think that could be implemented rather easy. It is just a lookup to the compensation requests and collect those data and make a random selection and it requires to add that extra field into the comp. request UI. 

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