[bisq-network/proposals] Using merit for LBTC fee payment distribution in Bisq 2 (Issue #358)

chimp1984 notifications at github.com
Sun Jan 23 21:40:10 CET 2022


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

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A DAO contributor (who earned BSQ by compensation requests) creates signed `fee share requests` and publish those to the P2P network.
The fee share request contains:
- Signature 
- IssuanceTxId (from there the EC pubKey can be derived, needed to verify the signature)
- The LBTC address

Signing uses the private EC key of the issuance tx and the LBTC address is the message to get signed.

Any DAO node can verify that the signature is correct.
This fee share request will be used in the Bisq 2 network (if DAO is integrated the verification can be done there by any node, otherwise we need a trust based data transfer solution).
When traders trade LBTC-USDT (or other assets) they pay a fee to one of the fee share request members according to a weighted probabilistic distribution.
If traders trade assets not containing LBTC we can consider to add another major asset address as well (e.g. USDT).
I guess confidential tx can be used so the fee amount is private. 
The fee receiver is still not private as it is linked to the issuance requesters identity.

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