[bisq-network/proposals] Applying arbitration fee (#335)

refund-agent2 notifications at github.com
Mon May 10 11:20:07 CEST 2021


I've been gradually been not reimbursing the full amount sent to DAO address at delayed payouts since Cycle 22, but there was no clear documentation about it or proper discussion, as @pazza83 [pointed out](https://github.com/bisq-network/roles/issues/93#issuecomment-835922865).
This arbitration fee is kept by the DAO and should at least cover DAO's arbitration expenses, but also could generate a revenue to cover regular costs and serve as an insurance when something goes [wrong](https://github.com/bisq-network/support/issues/822) in the refund process.
It will be applied for all cases where a trader is not responding. It will never be applied for bugs when involved parties are doing their best to help to fix it.
The arbitration fee will be calculated by substracting a % of the security deposit from the protocol violator, as in the next table:
|Trade amount|Arbitration fee|
|------------|----------------|
|<0.01       |30.00%          |
|0.01-0.1    |20.00%          |
|0.1-2       |10.00%           |

In example, for a 0.012 BTC trade with a 15% security deposit where the seller is not responding, where the delayed payout would be a total of 0.0156 BTC, the buyer would receive 0.01533BTC and DAO would keep 0.00027BTC.

The above table is a guide and should not be taken as a guide for reference, and not a mandatory rule, it's based on the maximum amounts I have been imposing since Cycle 22. The refund agent is just a middleman between traders and the DAO, which is the final judge of every trade since the deposit tx is sent to the donation address.

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https://github.com/bisq-network/proposals/issues/335
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