We also partnered up with some of our best exchanges to offer the OrangeFren Guarantee - a security deposit provided to us by the exchanges to compensate our users in cases of disputes with the exchanges.
Question (some other case got me wondering): what if someone makes a trade, say this one:
Your trade is partially (45%) protected against this service scamming you.
In this hypothetical scenario, he gets scammed by the exchanger, and the exchanger that pulled the exit scam makes more victims who also claim part of the security deposit. What's the value of that 45% promise in this scenario?
I would like to hear here how the refund would proceed in a hypothetical case with FF. Orangefren code FF has shown $19k as a guarantee ("partially" (39%) protected)
Two users are asking for a refund, User A ~$15k and User B ~$80k
What would be the priority when distributing the refund, and how much influence would it have if some users use the OF affiliate link?
OK, now I noticed this "partially" (39%) protected. Also, next to the FF name, there is a guarantee worth $23k.
What does both 39% mean?
No matter what the amount is, you will ultimately only get a refund of 39%, even if the full amount in case is significantly less than this $23k guaranteed?
No, that's simply because I did some random huge value for the search and $23k was only 39% of it
I think we would try to reimburse everyone to the same %. So for instance user A and user B would both get 20%. That said, much to the upset of the exchanges we list on
OrangeFren.com, we are very quick to delist if there's any issues.
Apologies for slow communication on our end, we're hosting MoneroKon this weekend
You can watch it live here:
https://www.youtube.com/@MoneroCommunityWorkgroup/live
