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[POLL]BAIP9 : Set Force Settlement Fee Percent

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bitcrab:

bitcrab:

--- Quote from: Thul3 on August 16, 2020, 04:38:28 am ---
--- Quote ---Poll-BAIP9-Set bitCNY FSFP to 1% and FSO to 1%
--- End quote ---

Not better FSO 0% and FSFP 2% ?

--- End quote ---

the higher the fee, the more pain to the users, let's begin with a lower one.

Thul3:

--- Quote ---Poll-BAIP9-Set bitCNY FSFP to 1% and FSO to 1%
--- End quote ---



Not better FSO 0% and FSFP 2% ?

bitcrab:
Below polls are created to set force settlement parameters for bitCNY, bitUSD and bitEUR:

For bitCNY:

1.14.267   Poll-BAIP9-Set bitCNY FSFP to 1% and FSO to 1%

1.14.268   Poll-BAIP9-Set bitCNY FSFP to 1% with FSO unchanged

1.14.269   Poll-BAIP9-Keep bitCNY FSFP and FSO unchanged


For bitUSD:

1.14.270   Poll-BAIP9-Set bitUSD FSFP to 1%

1.14.271   Poll-BAIP9-Keep bitUSD FSFP unchanged


For bitEUR:

1.14.272   Poll-BAIP9-Set bitEUR FSFP to 1%

1.14.273   Poll-BAIP9-Keep bitEUR FSFP unchanged

Here FSFP stand for Force Settlement Fee Percentage which is defined in BSIP87 and FSO stand for Force Settlement Offset.

According to the BAIP rules, for each bitAsset, the FOR proposal will be considered approved while meeting below 3 criterias:

FOR worker get more voting power than AGAINST worker.
FOR worker get more voting power than BAIP-Threshold Worker.
Both No.1 & 2 above last for three consecutive days.

Here the "Keep parameters unchanged" proposals are the AGAINST proposal, the proposal to set the parameters are FOR proposal, for bitCNY there are 2 FOR proposals and if both are approved the one that get higher voting power will be executed.

Please vote according to your opinion.

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