[bisq-network/proposals] Cap max reimbursement from peers resucrity deposit (#292)

Akira45-0 notifications at github.com
Tue Jan 5 13:30:16 CET 2021


> Hi @Akira45-0 thanks for the feedback. Sorry that you had a poor experience. It is frustrating when you get an unresponsive trader.
> 
> Is there an upper lower limit you would find acceptable?
> 
> If your 2 BTC trade has used a 50% deposit how much would you be wanting to claim for in arbitration?
> 
> Likewise do you consider 15% adequate compensation for the trade?
> 
> My thoughts are that you should receive the 15% compensation as a result of the unresponsive trade as I do not think anything should be applied retrospectively. However going forward I think a cap of 7.5% is fair. What are your thoughts?
> 
> Appreciate any comments.

Even if it was 200% then 200% would have been just. This is how contractual penalties work, and this is part of the contract. You fail to abide to the terms of the trade not only for 24h, but for more than 10 days, mind you, you get your deposit confiscated. I can understand that Bisq needs money to be developed but this should not be done under the false notion that the traders get too much compensation. If 15% is not enough to force some people to abide to the terms of the trade, you can't expect that lowering it will do any good. BTW, I have never seen a large amount trade with a deposit higher than 15%. Nobody would take such offer. When it comes to XMR trading larger deposits seem to occur only when forced by Bisq due to low amount. I think it would be a better idea to make something to accelerate the reimbursement process, because waiting for more than a month is way too long.



-- 
You are receiving this because you are subscribed to this thread.
Reply to this email directly or view it on GitHub:
https://github.com/bisq-network/proposals/issues/292#issuecomment-754606450
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.bisq.network/pipermail/bisq-github/attachments/20210105/4012e919/attachment.htm>


More information about the bisq-github mailing list