Apply To Be An Arbitrator
Arbitrators make money by settling transaction disputes.
Transaction arbitration and jury trial voting are the Arbitrator's sole responsibilities.
It costs ETH to apply for the Arbitrator position.
Please email randomnumberretailer@gmail.com with your blockchain address and resume after applying.
Arbitrators get 75% of the arbitration fee for a contested transaction.
The arbitration fee for a transaction is the greater of 5% of the transaction value or .01 ETH.
So, the minimum fee you would receive for arbitrating a transaction is 0.0075 ETH.
The maximum fee is uncapped.
Arbitrators also earn money from voting in Jury Trials.
There are three Jurors on a Jury.
The Jury receives 90% of the fee paid to hold a trial.
So, you would receive 30% of the fee personally just for voting.
The cost to hold a Jury Trial is the greater of 10% of the transaction value or .1 ETH.
So, the minimum fee you would receive for voting in a Jury Trial is 0.03 ETH.
The maximum fee is uncapped.