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For Cycle 13 #571

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RefundAgent opened this issue May 17, 2020 · 4 comments
Closed

For Cycle 13 #571

RefundAgent opened this issue May 17, 2020 · 4 comments
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@cbeams
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team:support https://bisq.wiki/Support_Team was:accepted Indicates that a compensation request was accepted by DAO voting
Milestone
Cycle 13

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@RefundAgent
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RefundAgent commented May 17, 2020 •
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Summary

Specify the total amount of BSQ you are requesting:

  • BSQ requested: 669.4

The compensation for the refund agent has been changed after discussions with cbeams to be a fee/dispute + interest of the outstanding BTC during the cycle. The fee is suggested to be $50/case and 1% for the outstanding BTC. cbeams has not yet answered my latest email so maybe he or the DAO will not approve. Due to the time constraints I still make the request.
I am not fully compensated by this since the period i used is from 28 April to now, May 17, which is not a full cycle.
The compensation may seem high. The refund agent can lose a large amount of funds if e. g. Bisq stops working which is a cost for the RA. Hopefully the DAO can find a way to reduce the number of RA cases and thus minimise this expense.

Contributions delivered

Provide links to contributions you have delivered, the amount of BSQ you are requesting for each, and any comments that will help stakeholders understand its value.

8 completed disputes since April 28 for $400 = 634.921 BSQ using the rate of 0.63 USD per BSQ. I've paid out 0.260452 BTC since April 28 and request an interest of 1% for this which is 34.4833 BSQ using the 30 day average BSQ/BTC of 0.00007553.

See my report at: bisq-network/roles#93

Contributions in progress

Provide links to work you're involved with that is still in progress. This section is optional, and is for your own benefit in keeping track of what you're doing and keeping other contributors up to date with the same.

Roles performed

Provide links to your monthly report on any roles you are responsible for.
@MwithM MwithM added the team:support https://bisq.wiki/Support_Team label May 17, 2020
@cbeams cbeams added this to the Cycle 13 milestone May 18, 2020
@cbeams cbeams mentioned this issue May 18, 2020
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@cbeams
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cbeams commented May 18, 2020

My team lead review is complete and I approve this request. Please submit your DAO proposal and paste the transaction ID here as a comment when complete, thanks.

See bisq-network/proposals#222 for the official proposal to change the compensation scheme / incentives as described in the description above.

@MwithM
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MwithM commented May 22, 2020

Don't forget to submit the request to DAO and publish TXID here.

@RefundAgent
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TxID: 51db5b9dc****************b966f

@MwithM MwithM added the was:accepted Indicates that a compensation request was accepted by DAO voting label Jun 1, 2020
@MwithM
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MwithM commented Jun 1, 2020

was:accepted

@MwithM MwithM closed this as completed Jun 1, 2020
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@cbeams cbeams

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team:support https://bisq.wiki/Support_Team was:accepted Indicates that a compensation request was accepted by DAO voting
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Compensation Request Board
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Cycle 13
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@cbeams @MwithM @RefundAgent