[bisq-network/proposals] Have a clearly defined process for how Burning man trades BTC from donation and trade fee addresses for BSQ (Issue #367)

[pazza]

@MwithM

> About pricing, I think it works ok as it is now, burningman taking best offers. Maybe not taking offers over 10-20% of 30 day average would be a good thing, but as burningman is already a trusted role, I think he should know what to do when something strange happens.

Yes, I think the burningman role is crucial for Bisq and involves lots of trust. That being said I think trust should be minimized as much as possible.

One of the issues I see with having no defined percentage is that a malicious burning man could take their own trades. With the spread being so large a malicious burning man could accumulate BSQ buy buying at a decent percent below average and selling it back to themselves at any price above the market rate. Setting a defined percentage would minimize the impact of this, or at least make it a less profitable endeavor.

A set percentage would also allow sellers of BSQ, whose offers where not taken, to check trades that have taken place by burningman and then confirm if their offer should or should not have been taken. This would remove the ambiguity around the current process.

> I'd like to know the min amount of the offers he will take though.

I think they should take offers according to price low to high, regardless of size. There might be a slight increased cost of miner fees on the smaller trades to the percentage of BSQ burnt but this would be acceptable given the additional transparency provided.



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