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Arbitration DAO
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==== Example arbitration chain ==== Each stage is meant to facilitate a harmonious resolution to the dispute. This may be intended to redress a harm, but it may be resolved by instituting a future plan for further business. # Negotiation: Basic WSC is paused. The parties attempt to resolve their difference informally. If this fails, one or more party triggers the next step. # Mediation: One judge (''mediator'') is chosen to facilitate formal communication and resolution following an established process of information discovery. If this fails, one or more party triggers the next step. # First Arbitration: One judge (''arbitrator'') is called. Parties submit their cases. Arbitrator proposes the disbursement of assets. If this fails, one or more party triggers the next step. # Arbitration Appeal: A new arbitrator is called. Repeat 3 a fixed number of times. If this fails, one or more party triggers the next step. # Court Case: Larger body of judges is called from the DAO to resolve the case democratically. This finalizes the WSC. If Step 5 fails, the code-is-law standard prevents the WSC from being tampered with. However, one or more parties which are still unsatisfied can make their final appeal to judicial redistribution of REP tokens, by making a proposal for [[Judicial governance#Forum revaluation|Forum revaluation]]. Weighted democracy by participation of the entire DAO determines the outcome.
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