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Stakeholder Proposals / Re: [Witness Proposal] gdex-witnness
« on: December 19, 2018, 06:43:33 pm »
There is a high possibility that this is a bull trap.Actually the possibility is bigger being a bulld trap than a bull.
Reducing MSSR back to 105% makes that should the price go down again no margin will be eaten again.
The same mistake as before.
If you want MSSR 105% (which i support on acurat price feed as it make sense) make first sure to provide real feed price to ensure margin orders being eaten in a down trend.
At current price feed situation its just a protection for margins to not get eaten.
EDIT : Just saw it seems BTS on bitcny have now real price.
Reducing MSSR back to 105% makes that should the price go down again no margin will be eaten again.
The same mistake as before.
If you want MSSR 105% (which i support on acurat price feed as it make sense) make first sure to provide real feed price to ensure margin orders being eaten in a down trend.
At current price feed situation its just a protection for margins to not get eaten.
EDIT : Just saw it seems BTS on bitcny have now real price.