Now when a debt position owner need to sell some collateral to reduce debt, he need to firstly withdraw some collateral from the debt position with reducing the CR and then he can sell the collateral and then pay debt.
Firstly, several steps are needed to complete this "close long" operation, inconvenient.
secondly, this add more risk to the system. withdrawing some BTS from the debt position clearly increase the risk of margin call. one need to decrease risk by selling collateral and pay debt, but he need firstly increase the risk, reluctant?
So I greatly advise to add a "close long" feature, within this feature one can place sell orders to sell the BTS collateral inside the debt position, when the sell order is partly or completely filled, the got smartcoins will be used to reduce the debt automatically.
Any relevant development plan on this?