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For Cycle 22 #781

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wiz opened this issue Feb 10, 2021 · 11 comments
Closed

For Cycle 22 #781

wiz opened this issue Feb 10, 2021 · 11 comments
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parsed:invalid https://bisq.wiki/Compensation#Ensure_your_request_is_valid team:ops https://bisq.wiki/Ops_Team was:accepted Indicates that a compensation request was accepted by DAO voting
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@wiz
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wiz commented Feb 10, 2021

Since DAO cycle 20 failed and DAO cycle 21 was over the issuance limit, this is my compensation request for cycles 20, 21, and 22 combined. Since my stuff is the same for each cycle I'm using the average rate of 70 cents, 80 cents, and 121 cents = 90 cents for simple calculation.

Summary

  • BSQ requested: 4666
  • USD requested: 4200
  • BSQ rate: 0.90 USD per BSQ
  • Previous compensation request (if applicable): For Cycle 20 #753 (failed)

Contributions delivered in Cycle 20

Title Team USD Link Notes
Mempool Explorer Operator (2x) ops* 400 bisq-network/roles#107 mempool.space, mempool.ninja
Bitcoin Node Operator (4x) ops* 200 bisq-network/roles#67 node100,node140,node210,node220
Bisq Analytics Operator (1x) ops* 100 bisq-network/roles#88 matomo.bisq.network
Bisq Markets Operator (2x) ops* 200 bisq-network/roles#9 bisq.markets
Bisq Pricenode Operator (1x) ops* 100 bisq-network/roles#14 price.bisq.wiz.biz
Bisq Seednode Operator (3x) ops* 300 bisq-network/roles#15 wizseed3, wizseed7, wizseeds
Bisq Wiki Operator (1x) ops* 100 bisq-network/roles#92 bisq.wiki

Contributions delivered in Cycle 21

Title Team USD Link Notes
Mempool Explorer Operator (2x) ops* 400 bisq-network/roles#107 mempool.space, mempool.ninja
Bitcoin Node Operator (4x) ops* 200 bisq-network/roles#67 node100,node140,node210,node220
Bisq Analytics Operator (1x) ops* 100 bisq-network/roles#88 matomo.bisq.network
Bisq Markets Operator (2x) ops* 200 bisq-network/roles#9 bisq.markets
Bisq Pricenode Operator (1x) ops* 100 bisq-network/roles#14 price.bisq.wiz.biz
Bisq Seednode Operator (3x) ops* 300 bisq-network/roles#15 wizseed3, wizseed7, wizseeds
Bisq Wiki Operator (1x) ops* 100 bisq-network/roles#92 bisq.wiki

Contributions delivered in Cycle 22

Title Team USD Link Notes
Mempool Explorer Operator (2x) ops* 400 bisq-network/roles#107 mempool.space, mempool.ninja
Bitcoin Node Operator (4x) ops* 200 bisq-network/roles#67 node100,node140,node210,node220
Bisq Analytics Operator (1x) ops* 100 bisq-network/roles#88 matomo.bisq.network
Bisq Markets Operator (2x) ops* 200 bisq-network/roles#9 bisq.markets
Bisq Pricenode Operator (1x) ops* 100 bisq-network/roles#14 price.bisq.wiz.biz
Bisq Seednode Operator (3x) ops* 300 bisq-network/roles#15 wizseed3, wizseed7, wizseeds
Bisq Wiki Operator (1x) ops* 100 bisq-network/roles#92 bisq.wiki
@ghost ghost added the parsed:invalid https://bisq.wiki/Compensation#Ensure_your_request_is_valid label Feb 10, 2021
@ghost
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ghost commented Feb 10, 2021

Info

Read BSQ amount from summary: 4516
Read USD amount from summary: 4200
Read BSQ rate from summary: 0.93
Parsed lineitem: {"team":"ops","amount":400}
Parsed lineitem: {"team":"ops","amount":200}
Parsed lineitem: {"team":"ops","amount":100}
Parsed lineitem: {"team":"ops","amount":200}
Parsed lineitem: {"team":"ops","amount":100}
Parsed lineitem: {"team":"ops","amount":300}
Parsed lineitem: {"team":"ops","amount":100}
Parsed lineitem: {"team":"ops","amount":400}
Parsed lineitem: {"team":"ops","amount":200}
Parsed lineitem: {"team":"ops","amount":100}
Parsed lineitem: {"team":"ops","amount":200}
Parsed lineitem: {"team":"ops","amount":100}
Parsed lineitem: {"team":"ops","amount":300}
Parsed lineitem: {"team":"ops","amount":100}
Parsed lineitem: {"team":"ops","amount":400}
Parsed lineitem: {"team":"ops","amount":200}
Parsed lineitem: {"team":"ops","amount":100}
Parsed lineitem: {"team":"ops","amount":200}
Parsed lineitem: {"team":"ops","amount":100}
Parsed lineitem: {"team":"ops","amount":300}
Parsed lineitem: {"team":"ops","amount":100}

Errors

Incorrect BSQ rate specified: 0.93, expected: 0.75
ERROR: Total BSQ does not match the sum of line items:

  • Summary total: 4516.00 BSQ
  • Calculated total: 5600.00 BSQ

@ghost ghost added the team:ops https://bisq.wiki/Ops_Team label Feb 10, 2021
@ghost
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ghost commented Feb 23, 2021

Info

Read BSQ amount from summary: 4666
Read USD amount from summary: 4200
Read BSQ rate from summary: 0.9
Parsed lineitem: {"team":"ops","amount":400}
Parsed lineitem: {"team":"ops","amount":200}
Parsed lineitem: {"team":"ops","amount":100}
Parsed lineitem: {"team":"ops","amount":200}
Parsed lineitem: {"team":"ops","amount":100}
Parsed lineitem: {"team":"ops","amount":300}
Parsed lineitem: {"team":"ops","amount":100}
Parsed lineitem: {"team":"ops","amount":400}
Parsed lineitem: {"team":"ops","amount":200}
Parsed lineitem: {"team":"ops","amount":100}
Parsed lineitem: {"team":"ops","amount":200}
Parsed lineitem: {"team":"ops","amount":100}
Parsed lineitem: {"team":"ops","amount":300}
Parsed lineitem: {"team":"ops","amount":100}
Parsed lineitem: {"team":"ops","amount":400}
Parsed lineitem: {"team":"ops","amount":200}
Parsed lineitem: {"team":"ops","amount":100}
Parsed lineitem: {"team":"ops","amount":200}
Parsed lineitem: {"team":"ops","amount":100}
Parsed lineitem: {"team":"ops","amount":300}
Parsed lineitem: {"team":"ops","amount":100}

Errors

Incorrect BSQ rate specified: 0.90, expected: 1.21
ERROR: Total BSQ does not match the sum of line items:

  • Summary total: 4666.00 BSQ
  • Calculated total: 3471.07 BSQ

@wiz
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wiz commented Feb 23, 2021

b63cba89e376a9c12afc3504eae6c76a77aeadeebf3ba5c619e31d53d212ad48

@RefundAgent
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This compensation request uses a rate of 0.9 USD for one BSQ, whereas the spotprice is 2.7 USD for one BSQ.

@MwithM
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MwithM commented Feb 24, 2021

This proposal is using the same method to calculate the BSQ rate as for Cycle 21 and it was considered that this could happen on this cycle as some of them retrieved from asking for compensation on Cycle 21. #782 (comment)
After some discussion during this cycle, I made a proposal to use 30D average in order to reduce this difference between spot and compensation prices. bisq-network/proposals#313

@wiz
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wiz commented Feb 24, 2021

@RefundAgent hey remember that time you paid out an extra 2 BTC to someone and the DAO bailed you out?

@RefundAgent
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@wiz I also remember your position concerning this mistake. But I guess this time is different since there is no mistake involved.

@MwithM The method is still completely wrong and to use a 30 day average as some "compromise" has no advantage at all. All investors in Bisq that I know about have sold the majority of their BSQ due to the lack of business sense in Bisq.

@MwithM MwithM added this to the Cycle 22 milestone Feb 28, 2021
@MwithM
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MwithM commented Mar 8, 2021

This needs to be reviewed @bisq-network/team-leads

@ripcurlx
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ripcurlx commented Mar 8, 2021

As it would have been this amount of BSQ created if the CR would have been approved in the respective cycles I approve this request as dev team lead.

@MwithM MwithM added the was:accepted Indicates that a compensation request was accepted by DAO voting label Mar 15, 2021
@ghost
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ghost commented Mar 15, 2021

Issuance cannot be displayed as there were errors in the comp request

@MwithM
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MwithM commented Mar 15, 2021

Closed as accepted.

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parsed:invalid https://bisq.wiki/Compensation#Ensure_your_request_is_valid team:ops https://bisq.wiki/Ops_Team was:accepted Indicates that a compensation request was accepted by DAO voting
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