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Dont see any issues with clockworks feeds, the price of bitCNY on the DEX is irrelevant to the feed, the price at any given time reflects market sentiment on the DEX for that smartcoin. Feeds are meant to reflect an accurate price of CNY in BTS from third party sources otherwise if the price comes from your own DEX trading price then it can easily be manipulated. Are the formulas published openly ?
To my knowledge most price feeds **DO** consider the dex price too. But usually prices are **VOLUME** weighted.Arguable, this needs to be use carefully with exchanges that fake their volume.
the price of bitCNY on the DEX is irrelevant to the feed
The most important job for witnesses is reliably producing blocks. Other jobs, yes, they can do too. When voting, different people consider different things.Just brain storming. Please discuss.
Quote from: abit on May 15, 2019, 10:12:33 amThe most important job for witnesses is reliably producing blocks. Other jobs, yes, they can do too. When voting, different people consider different things.Technically, the committee is able to decide the list of feed producers for each asset, that said, if witnesses can't do the job well, let others do it. The community can discuss whether this is a better way.Another option, technically we can change the rules via BSIPs. For example, let bitCNY holders and bitCNY debt position owners vote for feed producers of bitCNY asset, vote for the related parameters, which could be fairer. However, this is tricky as well, for example, if a whale borrows a lot but doesn't sell, so holding some bitCNY in the meanwhile holding a position, perhaps it can manipulate the whole vote then can make a disaster. Perhaps let bitCNY holders/borrowers have some weight in voting but not 100%? Perhaps let CORE in collateral have zero weight?Just brain storming. Please discuss.can we discuss in a topic with a different title though?
The most important job for witnesses is reliably producing blocks. Other jobs, yes, they can do too. When voting, different people consider different things.Technically, the committee is able to decide the list of feed producers for each asset, that said, if witnesses can't do the job well, let others do it. The community can discuss whether this is a better way.Another option, technically we can change the rules via BSIPs. For example, let bitCNY holders and bitCNY debt position owners vote for feed producers of bitCNY asset, vote for the related parameters, which could be fairer. However, this is tricky as well, for example, if a whale borrows a lot but doesn't sell, so holding some bitCNY in the meanwhile holding a position, perhaps it can manipulate the whole vote then can make a disaster. Perhaps let bitCNY holders/borrowers have some weight in voting but not 100%? Perhaps let CORE in collateral have zero weight?Just brain storming. Please discuss.
Quote from: pc on May 14, 2019, 02:32:44 pmPerhaps we should turn the witch hunt around and publish screenshots of short positions with low collateral ratio.These guys are the cancer of BTS and must be punished! Vote for 150% MSSR please!</sarcasm>This would be considered a direct attack to a high ranked member who wants to increase feedprice ,lower MSSR to 1 so no margin call will get eaten anymore.You are against long debt holders.You are an enemy.Making sure margin calls won't get eaten anymore gives debt holders security and will increase debt aka liquidity /irony off.Btw the chinese forum has a nice thread why people with low price feed gets bashed.First lower MCR than increase price feed and at the end lower MSSR to 1.01 with final goal 1.00 .There is also explained why.@yamtt@finn-bts@ljk424@zhouxiaobao@ioexI see big activity from you guys to improve bitshares.How does it come you guys are so quite about the abused USD OMO Fund ?
Perhaps we should turn the witch hunt around and publish screenshots of short positions with low collateral ratio.These guys are the cancer of BTS and must be punished! Vote for 150% MSSR please!</sarcasm>
Quote from: yamtt on May 14, 2019, 01:27:15 pmThis is the feed price of clockwork?Yes...ZBs API started timing out for me and has made the feed unstable due to limited sources...As you can see it was readjusted a few mins later and I'm monitoring its stability now.
This is the feed price of clockwork?
Quote from: sschiessl on May 15, 2019, 08:34:30 amCertainly, I think clockwork is one who cares a lot. But it makes a difference if you go from zero feedback to a pitchfork mob without even having a clear definition of duties and guidelines for what a fair price is, or if you choose to start constructive conversation in the matter.I am not directed against clockwork, but this is a serious problem among some witness.Constructive conversation? yes,for many times, but i found nobody care about it, maybe clockwork cares a lot, but where the other commitmess and witnees? especially the witnees.I also disapproved to go at somebody, but we need to find out someway to solve these problems and prevent these things happend again and again.
Certainly, I think clockwork is one who cares a lot. But it makes a difference if you go from zero feedback to a pitchfork mob without even having a clear definition of duties and guidelines for what a fair price is, or if you choose to start constructive conversation in the matter.
Quote from: Digital Lucifer on May 15, 2019, 07:42:53 amWe are all guilty of few things:-Impatience-Intolerance-Lack of technical knowledge (few members)-Lack of knowledge in economics (few members)-Lack of respect towards colleagues across the Globe or timezone they are in, families/jobs they have or things they did around. I think the problem of feed price need a whole set of role to be clearly defined.Why we can't get a "fair“ feed price?The argument come from the ambiguous and human factors.But if didn't have these topics, nobody will care about what's the problem with the bitasset.
We are all guilty of few things:-Impatience-Intolerance-Lack of technical knowledge (few members)-Lack of knowledge in economics (few members)-Lack of respect towards colleagues across the Globe or timezone they are in, families/jobs they have or things they did around.
Quote from: clockwork on May 14, 2019, 02:51:48 pmQuote from: Thul3 on May 14, 2019, 02:40:59 pmQuote from: pc on May 14, 2019, 02:32:44 pmPerhaps we should turn the witch hunt around and publish screenshots of short positions with low collateral ratio.These guys are the cancer of BTS and must be punished! Vote for 150% MSSR please!</sarcasm>This would be considered a direct attack to a high ranked member who wants to increase feedprice ,lower MSSR to 1 so no margin call will get eaten anymore.You are against long debt holders.You are an enemy.Making sure margin calls won't get eaten anymore gives debt holders security and will increase debt aka liquidity /irony off.Btw the chinese forum has a nice thread why people with low price feed gets bashed.First lower MCR than increase price feed and at the end lower MSSR to 1.01 with final goal 1.00 .There is also explained why.@yamtt@finn-bts@ljk424@zhouxiaobao@ioexI see big activity from you guys to improve bitshares.How does it come you guys are so quite about the abused USD OMO Fund ?Am I the only one that thinks the DEX and the feed should be impartial to shorts/longs?The ONLY way to increase adoption is to make it fair. This means that we don't protect ANYONE.I understand the logic behind protecting longs since this means we get more bitasset supply from less people with less capitalBut bitAsset success depends on it being fair and treating both sides as equals. Increased supply wont help if the asset is not taken seriously and risk is transferred from borrowers to holders.Unless your goal is to make it a niche instrument for increased leverage.But don't expect adoption as a stable coin if you do.Also..if any of you can't follow what I just wrote you probably shouldn't be commenting.../rant offI feel (agree with) you.
Quote from: Thul3 on May 14, 2019, 02:40:59 pmQuote from: pc on May 14, 2019, 02:32:44 pmPerhaps we should turn the witch hunt around and publish screenshots of short positions with low collateral ratio.These guys are the cancer of BTS and must be punished! Vote for 150% MSSR please!</sarcasm>This would be considered a direct attack to a high ranked member who wants to increase feedprice ,lower MSSR to 1 so no margin call will get eaten anymore.You are against long debt holders.You are an enemy.Making sure margin calls won't get eaten anymore gives debt holders security and will increase debt aka liquidity /irony off.Btw the chinese forum has a nice thread why people with low price feed gets bashed.First lower MCR than increase price feed and at the end lower MSSR to 1.01 with final goal 1.00 .There is also explained why.@yamtt@finn-bts@ljk424@zhouxiaobao@ioexI see big activity from you guys to improve bitshares.How does it come you guys are so quite about the abused USD OMO Fund ?Am I the only one that thinks the DEX and the feed should be impartial to shorts/longs?The ONLY way to increase adoption is to make it fair. This means that we don't protect ANYONE.I understand the logic behind protecting longs since this means we get more bitasset supply from less people with less capitalBut bitAsset success depends on it being fair and treating both sides as equals. Increased supply wont help if the asset is not taken seriously and risk is transferred from borrowers to holders.Unless your goal is to make it a niche instrument for increased leverage.But don't expect adoption as a stable coin if you do.Also..if any of you can't follow what I just wrote you probably shouldn't be commenting.../rant off
Please cancel the voting of clockwork. He often does not adjust the price in time.
Quote from: zhouxiaobao on May 14, 2019, 06:23:18 amIt has been more than an hour, and the feed price is still lower than any other CEX(DEX).Except for a few witnesses, no witness is qualified.I only just woke up and saw this....I actually made this post in witness channel BEFORE I saw this topic:Alex M - clockwork, [14.05.19 09:24]adjusted price feed sources again.Alex M - clockwork, [14.05.19 09:25]too much fake vol exchanges combined with tether arbitrage were dragging my feed downAlso...I didn't refuse to make price for CNY...I just didn't like your attitude on downturns. If you had noticed, I adjusted sources then and my feed was higher than median until last night.As you can see, most of the time (except for a few hrs overnight where the sudden appearance of fake low price vol is obvious) my feed is above medianbut I guess you guys only see what you want to see.
It has been more than an hour, and the feed price is still lower than any other CEX(DEX).Except for a few witnesses, no witness is qualified.