charlie-alpha-hotel?

https://www.fxshell.com/article/28581
https://www.jinse.com/bitcoin/143730.html
https://www.tuoluocaijing.cn/kuaixun/detail-39582.html

Quote from: blockchained on May 25, 2020, 04:35:41 pm

Quote from: bitcrab on May 25, 2020, 04:10:01 pm

the "tax" can be considered as the fee for utilizing the DEX infrastructure

We already paying blockchain fees for utilizing the DEX infrastructure, so it is just double taxation for the businesses, It obvious that you don't care about some private tokens like "ZALUPA", you couldn't get any profit from this

Who will manage the taxation fund?
Who will get money for the management of this fund?

It is a rhetorical question because everyone in the community knows that it will be your or members associated with you, so tell me more about how you were against this bsip 

Community well remember the SPRING thing or committee-cnytrader operations, do you have the same brilliant plans for taxation funds?

after the launching of 4.0, the BSIP86 parameter will be determined by voting, I agree that the community need be careful/conservative on this, if finally the voting decided to set the rate to 0, market fee will not be shared.

however in my view, it's good that gateway pay some further fee and the platform provide some further public service, GDEX has bought MM service from providers, it's expensive and not so satisfactory, the MM contest actually provide good service and is potential to be better, when MM contest helps GDEX, GDEX will contribute to community with better depth, more active trading and also more system income, the rules will be continuously updated to make it more easy for voters to estimate how it works well enough.

You are kidding something, if MM so good, why GDEX did not spend own money to do it in such long time? why you want to spend community money so eagerly？

If it was so good, GDEX can spend own money to do MM，then show the result to community and calculate how many new users and how much income，how much cost！！！


QUESTION:

1. The fund of last MM comes from committee account, so who gave the right to committee to spend it？where is the BSIP for vote? if the bts holders agreed the last MM?

2. How much cost?

3. How much income？

4. How many new users？

5. How many daily users？

Please the committee answer these questions！


Where is the fund of the last OMO？what did the committee want to deal with it?

Please the committee answer this questions！

Bitcrab，you are the top committee, the owner of GDEX, the main participator of Gateway，you are the most suitable person to answer these questions.

https://github.com/bitshares/bsips/issues/275

Abstract

-RSKM pool
-Bad debt
-Stability bond
-BSIP74
-BSIP62
-Market fee of bitasset
-The Management account of bitasset

Motivation

The bitasset of BTS still didn't have a feasible mechanism to handle the black swan or bad debt.
BSIP18/BSIP71 lacks illogical and can break the credit of bitasset very easily.
We can check the bitbtc/bitgold/bitsilver which were all in the BSIP18.
The holders of biasset only have one choice to take care of their fund, this is very unhealthy to the ecology of bitasset and BTS.
So we need to design a more feasible mechanism to handle the black swan or bad debt, give more choices to the holders of bitasset.

Rational

The market of bitasset have many sustainable revenue to deal with the bad debt and can use the sustainable revenue to buy-back the bond in extreme cases.

The holder of bitasset have three choices to take care of their bitasset:
1.BUY bts in the market;
2.BUY bond;
3.Suffer the devalue;

NO BSIP18, NO BSIP76, NO BSIP71，NO BSIP58

Specifications

RSKM:Risk Management
RSKM pool will have RSKM fund in the RSKM pool.
The fund of RSKM pool will come from:
1.BSIP74;
2.BSIP62;
3.Market fee of bitasset;

Every bitassset have their separated RSKM pool.

First: The RSKM pool will handle the bad debt which collateral ratio < 1;

The bitasset fund in RSKM pool will close parts position automatically;
The bts token fund in RSKM pool will make the collateral ratio of RSKM pool > 1;

Second: If the collateral ratio of RSKM pool < 1;

The Management account of bitasset will issue the "Stability bond" to the market(Stability bond/bitasset) to buy enough bitasset to make the collateral ratio of RSKM pool >= MCR;

If the collateral ratio of RSKM pool < 1 again, issue the "Stability bond" second time(Stability bond/bitasset) to the market to buy enough bitasset to make the collateral ratio of RSKM pool >= MCR;

This is the cycle.

Stability bond/bitasset market is a free market, everyone can trade.

If "Stability bond" can't buy enough bitasset, so the holders of bitasset have made a decision, they must suffer the devalue.

Third: When the RSKM pool begin to handle the bad debt which collateral ratio < 1;

The market fee of bitasset will not have the referral reward;
BSIP74 will begin to charge the bitasset as the fees, so the BSIP74 must can charge the bitasset as the fees;

Fourth: The bitasset comes from market fee and BSIP74/BSIP62 will close the position slowly;

Fifth: When the position of RSKM pool > 5, then begin to buy back the "Stability bond";

The interest of "Stability bond" will be determined by the Management account of bitasset when begin issue the "Stability bond".

Problem: Interest Mode and buy-back time and order.

Sixth: After repurchased all the "Stability bond" and closed the position;

Recover the market fee referral reward;
Recover BSIP74 to charge the collateral as the fees;

Flow of Funds: BSIP74/BSIP62/Market fee of bitasset → Management account of bitasset → RSKM pool

The Management account of bitasset will manage how many funds inflow into the RSKM pool.

STABLECOIN MANAGE ACCOUNT


Summary for holders

Maybe this RSKM pool will lock a lot of bts.


See also

https://blog.bitmex.com/the-bitmex-insurance-fund/
https://blog.bitmex.com/bitmex-insurance-fund-your-questions-answered/
https://cdn.bytom.io/res/MOV-Stable-EN.pdf
https://www.bitmex.com/app/insuranceFund
https://www.binance.com/en/futures/funding-history/2

It's time to recover feed price fo bitcny.

oh……

BSIP86：https://github.com/bitshares/bsips/issues/194

如果BTS只收取网络处理费用，打个比方来说也就是联通/电信的网络服务商角色，别人利用网络干什么业务，也没BTS啥事情；

但是如果BTS收网关资产的市场交易手续费，形同与参与网关或者诈骗资产运营，网络服务商的角色也发生变化，而是天猫滴滴的角色，国外的法律不清楚，起码国内电商法是明确有连带责任，而且BTS无法对收取市场交易手续费的这些资产（无论是合法还是非法）进行监督管理。

BTS也有法律提案团队，咨询一下没什么坏处。

而且对于网关来说，可以替代的区块链太多了，而对于bts来说，想要把服务迁过来的几无！！！

不要试图用BSIP86去挑战网关的底线，网关有选择的机会，而bts没有选择的机会！！！

BSIP86很明显没有搞清楚主动权到底在谁手里，倒逼现有网关离场，其它网关不再进场，慢慢就会一个死循环！


请理事会说明一下：如果出现了法律追责，谁来承担与负责处理这个法律问题？还是到时候理事会谁批准谁担责？

Quote from: binggo on May 24, 2020, 03:07:48 pm

You gave a stupid example, and you still didn't know what bts it is, you are confusing bts and gateway.

The gateway want to do what is their freedom, bts didn't have any right to ask them to do what, they can do the thing what they think is right and suitable, this is their business.

Bts is just a service provider, it charges the network fees for its service, when bts want to charge the market fees from gateway, then bts cross over the line.

MM is not the bts needed, it can't make bts greater or better.

If the mechanism is so good, why GDEX didn't use it in GDEX in the past few years? it seems the GDP have been failed.

if one people decided to fight against one thing or one person, he can always find excuse.

BSIP86 is on the way of development, it will be launched in recent future, after finishing all necessary procedure, following the DPoS principle.

Gateways are not forced to participate the MM contest, but BSIP86 will apply for all.

don't always talk as you are the proxy of BTS.

What you act just like a kid, never to recognize his failure.

When BSIP86 bring the lawsuit to BTS, i hope you can come out to face it and don't say it is the decision of bts holder.

I do what is my freedom, but you did something to bts, i have the right to supervise.

Go to get the legal counsel for BSIP86 from them，if you or them still a committee of BTS, don't act like a kid, use your head!

https://www.bitshares.foundation/workers/2020-01-bitshares-legal-representative

Quote from: binggo on May 23, 2020, 07:09:46 am

I just call BSIP86 is a BSIP without thinking, when BTS charge the market fees of GATEWAY assets, BTS will have the jointly liable！！！

just shout and bite as you wish, if you enjoy.

You can get the legal counsel from them，if you didn't believe.

If BTS has charged market fees from OPEN.assets，now the OPEN run away，so you think what will happen？

https://www.bitshares.foundation/workers/2020-01-bitshares-legal-representative