πŸ«‚Mediation

Learn about dispute mediation

Mediation

The Joint protocol's dispute system is driven by users known as mediators.

A mediator is a person who is drafted into a swap dispute to review the trade details and evidence and then predict the outcome.

Depending on the mediation pool, up to a minimum of three (3) mediators are drafted into a dispute. After reviewing the counterparties' evidence, the mediators must predict and vote to release the token or cancel the disputed trade.

After the mediators vote, the Joint protocol will execute the majority ruling.

Enrolment

An economic requirement must be fulfilled to participate as a mediator on the Joint protocol; intending mediators must purchase a mediator ticket.

Additionally, they must deposit a specific amount of P2P tokens into their ticket; the deposit is called a security deposit. Security deposits ensure mediators have skin in the game and can be penalized for bad behaviour.

The amount of security deposit a ticket must have is determined by the market the mediator intends to join. A market creator can set the minimum security deposit required of mediators. If a ticket with insufficient security deposit attempts to join the market, it will fail.

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