I'm pretty sure its a waste of funds and reputation of bitshares.
Majority of top 50 exchanges have faked volume.
The proposed exchange of bitcrab is the worst bitshares could join.
RightBTC is known being run by Eric Gu who used it basicly to create fake volume for his own projects ETP ,ZGC etc .
The real volume there is nearly ZERO.
They don't even have a working withdraw system but are doing it manually with a delay of up to 7 days where you need to beg their support Betty Zhang to even process it.
Latoken's volume will be also a joke when monitoring the coins they listed before since they started asking to list anything as long as the coin is willing to pay their listing fee.
Real big exchanges won't list now bitassets because the risk
a small uncontrolable group changes major settings is way to high as they would ever take that responsibility.
The funds would be just wasted instead of being used for real marketing.Listing on new exchanges were the volume will be near zero isn't helping any bitasset at all or are we going to ask Eric to create also fake volume for our bitassets ?
3. "price fed by witnesses is voluntary changed w/o having a consensus" is incorrect. Witnesses are acting by consensus. As of writing, BSIP42's status is "approved" according to result of consensus voting.
I have never seen any accouncement how exectly the price feed will be manipulated and in which borders it will stay.
I doubt even 5% of the traders on bitshares knows how the price feed manipulation works and where its borders are if there are any at all.
Its a small group talking between themself adjusting and twisting and not informing the community at all.
Just because a handfull of proxies agreed on it doesn't mean the majority of traders agree on it or even have a clue what exectly is happening.
There was also no annoucement of bitusd feed price getting manipulated .It just raised by 40% .
This kind of behavior is the reason why no big exchange is going to implement these bitassets as a small group is using it as it is their private toy they can experiment with.
People using stablecoins don't look for these kind of experiments but for stability of contract.
Even a large bitshares group left our own bitassets because of that lack of trust thanks to your actions and joined diffrent stable coins like DAO.
You also want people to create more bitassets by opening margins (debt).
Tell me who is going to open any margins when their CR jumps in days from 2to 2.5 and back down to 1.6 without the market making any signaficant moves?
Its funny you are talking about an opportunity for stable coins because Tether is currently massivly under pressure as people don't belive that its backed 1:1 and at the same time talk about removing "black swan" so the CR could go under 1