Proposal: change back settle offset of bitCNY to 1%

Started by haruka, January 17, 2018, 05:57:02 AM

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bitcrab

now the system just restored from a disaster, can we wait some days to see how things will be like when the price goes a little up? and then decide?

5% is necessary because the price feeding does not trace the market value exactly enough, I don't think the problem is already solved.

Brekyrself

@bitcrab What's your thought on this since you pushed for the 5% awhile back?  Are the price feeds accurate enough now to make the change back?

JonnyB

YES!

return it to 1%,  5% was supposed to be temporary
I run the @bitshares twitter handle
[url="//twitter.com/bitshares"]twitter.com/bitshares[/url]

biophil

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haruka

maybe not 1% according to bitcrab's point of view (he was saying about 3%), but 5% is apparently not correct.

quicksnake

 +5% +5% +5%It's time to change back in this case.

haruka

5% was a temporary solution. Now the basis of 5% no longer exists, we should change back this value to 1%.

Keeping at 5% does not make sense now.