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For cycle 19 #710

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oscarguindzberg opened this issue Nov 16, 2020 · 8 comments
Closed

For cycle 19 #710

oscarguindzberg opened this issue Nov 16, 2020 · 8 comments
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parsed:valid https://bisq.wiki/Compensation#Ensure_your_request_is_valid team:dev https://bisq.wiki/Dev_Team was:accepted Indicates that a compensation request was accepted by DAO voting
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@oscarguindzberg
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oscarguindzberg commented Nov 16, 2020

Summary

Specify the total amount of BSQ you are requesting, along with the USD total and BSQ/USD rate (don't include the brackets!):

  • BSQ requested: 29850.75
  • USD requested: 20000
  • BSQ rate: [rate] USD per BSQ 0.67
  • Previous compensation request (if applicable): For Cycle 18 #687

Contributions delivered

Add contributions you have delivered and roles you have performed here as new rows in the table below. Role line-items should include an asterisk (*) in the team column.

Title Team USD Link Notes
Segwit for the trade protocol dev 20000 bisq-network/bisq#4710 bisq-network/bisq#4612 bisq-network/bisq#4755 ---

Context:
bisq-network/projects#42
bisq-network/proposals#247

Contributions in progress

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

@oscarguindzberg oscarguindzberg changed the title [WIP] For cycle 19 For cycle 19 Nov 19, 2020
@ghost ghost added the parsed:invalid https://bisq.wiki/Compensation#Ensure_your_request_is_valid label Nov 19, 2020
@ghost
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ghost commented Nov 19, 2020

Info

Read BSQ amount from summary: 2985074
Read USD amount from summary: 20000
Parsed lineitem: {"team":"dev","amount":20000}

Errors

ERROR: Total BSQ does not match the sum of line items:

  • Summary total: 2985074.00 BSQ
  • Calculated total: 29850.75 BSQ

@ghost ghost added team:dev https://bisq.wiki/Dev_Team parsed:valid https://bisq.wiki/Compensation#Ensure_your_request_is_valid and removed parsed:invalid https://bisq.wiki/Compensation#Ensure_your_request_is_valid labels Nov 19, 2020
@oscarguindzberg
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oscarguindzberg commented Nov 19, 2020

This compensation proposal is subject to the terms of DAO proposal 247 bisq-network/proposals#247 and will be paid from the special BTC multisig escrow to @oscarguindzberg as follows, pending DAO approval in Cycle 18 voting:
USD: 20000

BSQ: 20000 / .67 = 29850,75 BSQ

BTC: 29850,75 * 0,00005200 = 1,55223880, minus 0,02985075 BTC for comp req = 1,52238805 BTC net to oscar

Note: Using 30 days average 5200 sats BSQ/BTC rate from screenshot below taken at the time of compensation proposal creation

bisq-rates

@oscarguindzberg
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@chimp1984 @wiz @ripcurlx @sqrrm could you confirm the 30 days average 5200 sats BSQ/BTC rate.
It would be great if you could verify that ASAP on your bisq nodes. We need consensus on the 30 days average BSQ/BTC rate as of the day this compensation request is published (nov 19th).
If you see a different number, just post it here.

@wiz
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wiz commented Nov 20, 2020

I acknowledge the 5200 sats rate, and the math to calculate the final amount 1.52238805 BTC seems correct to me

@MwithM MwithM added this to the Cycle 19 milestone Nov 20, 2020
@ripcurlx
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As team lead I approve this request.

@wiz
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wiz commented Nov 29, 2020

TXID created by Guarantor is 5090caa7d7fffec4c947f81ccf85f542a9b89522149012269cb221110e6ea30d

@MwithM MwithM added the was:accepted Indicates that a compensation request was accepted by DAO voting label Dec 9, 2020
@ghost
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ghost commented Dec 9, 2020

Issuance by Team:

team amount BSQ amount USD
dev 29850.75 20000.00

Total Issuance: 29850.75 BSQ (equivalent to: 20000.00 USD)

@MwithM
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MwithM commented Dec 9, 2020

Closed as accepted.

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