so that's 200 bts for lifetime member? doesn't sound crazy high to me
so that's 200 bts for lifetime member? doesn't sound crazy high to meNo, that's 30k BTS to become a lifetime member, then update your asset
That's the lifetime member fee
That is crazy high. Especially since it costs 5000 just to create a cheap one.
so that's 200 bts for lifetime member? doesn't sound crazy high to meNo, that's 30k BTS to become a lifetime member, then update your asset
That's the lifetime member fee
yes plus all the other benefits you get from the membership.
We can lower it.
How often do u "modify" your UIA and what costs 1000BTS to change?
How often do u "modify" your UIA and what costs 1000BTS to change?
So far we haven't touched it while we wait for the fee to be lowered and we try to get an answer (https://bitsharestalk.org/index.php/topic,19676.msg253321.html#msg253321) to what is what in the UIA's modifiable fields. The UIA appears to charge 1000 BTS to make any change at all.
UIA update fee has been reduced to 20 BTS
http://cryptofresh.com/fees
Eitehr the fee table on cryptofresh is incorrect or the blockchain fees are not what I intended.Hmm.. https://bitsharestalk.org/index.php/topic,19877.msg255312.html#msg255312
Things like canceling a withdraw permission should be free, while creating should be more expensive. There are many cases where it looks like the labels on the operations are wrong.
(http://i.imgur.com/NK5MC4W.jpg)
I'm really confused. I tried to alter our UIA to the following :
400,000,000 Max Supply : Result 40,000,000,000 Max Supply
.01 % Market Fee : Result 1% Market Fee
10 Max Market Fee : Result 1000 Max Market Fee
What am I doing wrong?
Tuck, in the root{} object you're seeing the *raw* integers- these do not have decimal points.
If the precision of an asset is 2 and the max supply is 1, then internally the max supply is stored as 100.
So 'precision' really just determines where the decimal place goes... but internally these are whole numbers.
The GUI will eventually hide all this.. for now, this raw data is useful if you know how to interpret it
When it comes to percents, they are also represented as integers internally, with a "precision" of 2.
100% => 10,000
0.01% => 1
0.001% => invalid
I finished that part but now a new issue has cropped up. When I click "Issue Asset" it will only allow me to enter certain letters in the "Issue to" field. I can enter "tu" but cannot go any further with "c". But if I put an "e" it will take it (not that I want to lol) and then it just stops letting me enter any more letters. Is this a bug?
I finished that part but now a new issue has cropped up. When I click "Issue Asset" it will only allow me to enter certain letters in the "Issue to" field. I can enter "tu" but cannot go any further with "c". But if I put an "e" it will take it (not that I want to lol) and then it just stops letting me enter any more letters. Is this a bug?
Yep looks like you found a bug, I'll have a look.
I finished that part but now a new issue has cropped up. When I click "Issue Asset" it will only allow me to enter certain letters in the "Issue to" field. I can enter "tu" but cannot go any further with "c". But if I put an "e" it will take it (not that I want to lol) and then it just stops letting me enter any more letters. Is this a bug?
Yep looks like you found a bug, I'll have a look.
Fixed here: https://github.com/cryptonomex/graphene-ui/commit/7a7240ec4cafe772b81caa3e7a668b2eb4c7ede6
I've asked Valentine if he can do another update today to push this fix, we'll see.
I finished that part but now a new issue has cropped up. When I click "Issue Asset" it will only allow me to enter certain letters in the "Issue to" field. I can enter "tu" but cannot go any further with "c". But if I put an "e" it will take it (not that I want to lol) and then it just stops letting me enter any more letters. Is this a bug?
Did you pay the "typing fee" upfront?
It was feature available on blockchain level only...but now svk screwed a potential great revenue stream for BTS.
PS
I think if you pay the "typing fee", the long name creation fee - this a fee for creating non-premium names cause they tend to be longer than the more expensive premium names, and the transaction size fee you will have no problems. Well definitely in more cases than not.
I edited the Market Fee % of the UIA to 0.01%.
When I try to send some it's charging a fee of over 42,000 of the UIA.
I set the Max Market Fee to 10.
How do I make the UIA only charge around 1 of the UIA with a max of 10 to transfer?
Another question is what do the Quote Asset Amount and Base Asset Amount fields do?
Thanks!
I edited the Market Fee % of the UIA to 0.01%.
When I try to send some it's charging a fee of over 42,000 of the UIA.
I set the Max Market Fee to 10.
How do I make the UIA only charge around 1 of the UIA with a max of 10 to transfer?
Another question is what do the Quote Asset Amount and Base Asset Amount fields do?
Thanks!
Quote & base amounts set the Core Exchange Rate, which determines the fees. Try 1 TIPS : 4 BTS.
For example if an xfer costs 40 BTS and the CER is 4 BTS/TIPS, then the xfer fee can be paid with either 40 BTS or 10 TIPS.
Assuming the market value of 1 TIPS is around 4 BTS:
If you want to make money off transfers, set the CER lower than market value (e.g. 1 BTS/TIP). You'll make profit off the fee pool.
If you want to subsidize transfers, set the CER above market value (e.g. 40 BTS/TIP). You'll have to refill the fee pool more often.
You also need to enable the flag for Charge Market Fee, looks to me like it's set to off right now.
Your current core exchange rate is 1000 TIPSHARES/BTS, so I guess the fee pool conversion will charge 40,000 TIPSHARES for a transfer.
You're using an old version, there was an update yesterday that changed that page quite a lot. Try refreshing if you're using openledger, or download the new client if not.Quote & base amounts set the Core Exchange Rate, which determines the fees. Try 1 TIPS : 4 BTS.
For example if an xfer costs 40 BTS and the CER is 4 BTS/TIPS, then the xfer fee can be paid with either 40 BTS or 10 TIPS.
Assuming the market value of 1 TIPS is around 4 BTS:
If you want to make money off transfers, set the CER lower than market value (e.g. 1 BTS/TIP). You'll make profit off the fee pool.
If you want to subsidize transfers, set the CER above market value (e.g. 40 BTS/TIP). You'll have to refill the fee pool more often.
Thanks! I'm still not clear on what all that means or rather how to accomplish it in the GUI, but this stuff is not my strong point in life. :-\
You also need to enable the flag for Charge Market Fee, looks to me like it's set to off right now.
Your current core exchange rate is 1000 TIPSHARES/BTS, so I guess the fee pool conversion will charge 40,000 TIPSHARES for a transfer.
Where do I "enable the flag"?
Here's what the settings are now that are yielding undesirable results.
(http://i.imgur.com/EpM0DF4.jpg)
Swapping to TIPSHARES/BTS (which I didn't notice before I could do) made this a little clearer.
*BUG* ?
However please note that the Quote Asset Amount field will only allow 3 digits to be entered. It's seems to be registering the fact that I've entered a 4th digit (but does not allow more than that), but the 4th digit is not displayed in the GUI. In the image below I have entered 0.001, but it's only displaying 0.00 and I can't bring it below 100/1 TIPSHARES/BTS.
(http://i.imgur.com/rIf9Blv.jpg)
I am not even close to seeing that many fields...and I am on OL with IE and Chrome.
Once again - do I have to create the UIA first, in order to see them?
You're using an old version, there was an update yesterday that changed that page quite a lot. Try refreshing if you're using openledger, or download the new client if not.
Also, you cannot enter more decimals than the precision of your asset, which was set on creation.
Thanks man!I am not even close to seeing that many fields...and I am on OL with IE and Chrome.
Once again - do I have to create the UIA first, in order to see them?
I think so man. I don't remember seeing them until the ability to edit these settings were put into the new lightwallet.
No you're not screwed don't worry. The easiest way to set the CORE exchange rate is to use integers, or at least numbers larger than 1. So if you want 0.01 TIPSHARES/BTS, set BTS to 100 and TIPSHARES to 1.
@tonyk I'm not sure what you're referring to, but if you're missing permissions and flags its because they were not enabled upon creation and you cannot enable them afterwards.
You should have all possible flags in Permissions. Once enabled there you can set them in flags also
No, it gets set to 1/1 and once created you can update it. I'm not sure it's possible on creation as we don't yet have an asset ID, I'll look into it though.You should have all possible flags in Permissions. Once enabled there you can set them in flags also
OK are Quote Asset Amount and Base Asset Amount fields supposed to be there, when I am creating the asset?
Can you hit - "Create Asset" for me, when you have time, to see if they indeed disappear for new asset creation. Thanks.
No you're not screwed don't worry. The easiest way to set the CORE exchange rate is to use integers, or at least numbers larger than 1. So if you want 0.01 TIPSHARES/BTS, set BTS to 100 and TIPSHARES to 1.
No you're not screwed don't worry. The easiest way to set the CORE exchange rate is to use integers, or at least numbers larger than 1. So if you want 0.01 TIPSHARES/BTS, set BTS to 100 and TIPSHARES to 1.
I can't seem to get the desired results no matter what I enter, but at this point I'm assuming this is a display bug or the CER field has a bug that will not allow me to enter more than 2 decimal places (pretty sure we set 4 digits upon creation which was the default, I could be wrong).
(http://i.imgur.com/FQoKVpO.jpg)
and
(http://i.imgur.com/B2APJel.jpg)
Maybe I should word what I'm trying to do this way, if I want to make it 4 BTS / 1 TIPSHARES what do I enter in the CER field?
@Tuck Fheman Thank you, sir!
@svk - The GUI is misleading, it says "Approximate fee: 20 BTS" when you create it, it turns out it is 5000 BTS...slightly different number :)
A picture is worth a thousand words:
(http://i.imgur.com/QOSlTHY.png)
Edit: Oh and I checked, TIPSHARES has precision 2 so only 2 decimals are allowed/possible.