Questions on BitAssets in 2.0

[santaclause102]

There is only one type of collateral per bitasset.   But different bit assets can have anything as collateral.  The issuer picks the collateral type when the symbol is registered. 


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That sounds like it only applies to private bitassets. Or does it also apply to bitassets where witnesses provide the feeds?

[sittingduck]

There is only one type of collateral per bitasset.   But different bit assets can have anything as collateral.  The issuer picks the collateral type when the symbol is registered. 


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[xeroc]

2. In addition to liquidity assets that may serve as collateral also differ in how volatile they are. How is that taken into account and who decides how much it is taken into account?

Afaik there is a maintenance collateral which serves as a minimum amount ..

Makes sense. My point was though that a highly volatile assets would require more collateral than a not so volatile asset.

That's a risk the shorter has to take into considerations .. alternative would be a margin call

[santaclause102]

2. In addition to liquidity assets that may serve as collateral also differ in how volatile they are. How is that taken into account and who decides how much it is taken into account?

Afaik there is a maintenance collateral which serves as a minimum amount ..

Makes sense. My point was though that a highly volatile assets would require more collateral than a not so volatile asset.

[xeroc]

I heard BM say that BitAssets can be backed by anything (I assume Bitassets and UIA).

0. Is that officially documented? I didn't find it here https://bitshares.org/technology/price-stable-cryptocurrencies/

in one of these
https://www.youtube.com/watch?v=7fwwxwbC6P0
https://www.youtube.com/watch?v=NshF23Afgr8
https://www.youtube.com/watch?v=Yr8QP3NtbT4

1. Does the price calculation of an assets that serves as collateral take liquidity of the assets at a certain price into account?

I can recall a hangout with BM where he stated that price feed should include liquidity! Yes

2. In addition to liquidity assets that may serve as collateral also differ in how volatile they are. How is that taken into account and who decides how much it is taken into account?

Afaik there is a maintenance collateral which serves as a minimum amount ..

2. Does the "any asset can serve as collateral" only apply to private Bitassets?

Not sure .. why should it?
Anyway .. from what I understand the "any asset can serve as collateral" is mainly a feature of the BOND market and not of smartcoins ..

[santaclause102]

I have a few questions:

I heard BM say that BitAssets can be backed by anything (I assume Bitassets and UIA).

0. Is that officially documented? I didn't find it here https://bitshares.org/technology/price-stable-cryptocurrencies/

1. Does the price calculation of an assets that serves as collateral take liquidity of the assets at a certain price into account? It might be that liquidity is very low where asks and bids meet but high further down one side of the order book. Who decides how much volume / liquidity is sufficient for an asset to servce as collateral?

2. In addition to liquidity assets that may serve as collateral also differ in how volatile they are. How is that taken into account and who decides how much it is taken into account?

2. Does the "any asset can serve as collateral" only apply to private Bitassets?