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Offline Bangzi

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How did BitShares handle the market crash?

BTC crashed recently due to liquidity problem and this happened in BTS frequently over the past few years. Few proposals was introduced to handle the market crash (Mainly apply to BitCNY & BitUSD).

1. BAIP2 - Price Feed Max (Current Price, 48 Hours Moving Average)
https://github.com/bitshares/baips/issues/4

2. BSIP76 - Threshold for price feeds through voting (At this moment is BitCNY/BTS = 0.22,BitUSD/BTS = 0.345)
https://github.com/bitshares/bsips/blob/master/bsip-0076.md

3. BSIP58 - Global Settlement Protection Through Price Feeding
https://github.com/bitshares/bsips/blob/master/bsip-0058.md
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Offline binggo

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We locked it long long time ago,everything is OK.
« Last Edit: March 14, 2020, 12:24:08 am by binggo »

Offline bytemaster

How did BitShares handle the market crash?

For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.