2020-04-23 @team-leads call

[cbeams]

Previous call with an agenda was #72.

Agenda

• repayment plan
• @cbeams status
• API
• Refund Agent / Arbitrator - @wiz and @cbeams to meet
• Publish post-mortem after Cycle 12 voting complete and after 1st security team meeting
• @wiz and @sqrrm to follow up on restructuring incentives to discourage abandoned trades / trades going to arbitration
• @ripcurlx to make v1.3.2 the minimum version for trading to improve reliability (we're already at 72% adoption)

[ripcurlx]

• Security incident
  • Next steps? Security team, SO? Protocol review? Allocated budget for next hack?
• Project reviews: Meeting or async posts on GitHub?
• Q2 Update call?

[wiz]

1. The role of the Refund Agent is eliminated
2. The new role of Arbitrator is created, can be held by multiple people
3. Requirement to be an Arbitrator is hold a lot of unencumbered BSQ on hand (i.e. 50K BSQ)
4. When a mediation case is escalated to arbitration, the Arbitrator makes the final ruling based on the suggested payout of the Mediator, and pays out of his own wallet an equivalent amount of BSQ to reimburse the user
5. The Burning Man will prioritize buying BSQ from users who have been given BSQ from an Arbitrator every week, so users get their BTC back quickly at 100% of the original value
6. The Arbitrator files a reimbursement request at the end of the cycle to get his BSQ back 1:1 from the DAO so he is made whole and there is no exchange rate volatility risk
7. The bond requirement for Arbitrator is waived as long as the person has at least X BSQ already bonded