421
General Discussion / Re: Force Settlement Delay, Offset, Loop and other mechanics
« on: April 01, 2020, 12:28:57 pm »
https://bitsharestalk.org/index.php?topic=32176.0
Bear and bull is decided by the market, no one know when and where it is.
In my opinion, force Settlement shouldn't exist, it is a tool of planned economy,will kill the active of market and the ecology of bitasset.
Most of the stablecoin didn't have it, but they did more and more better than BTS.
Consensus and enough collateral is the two legs of stablecoin,it is very easy to understand.
Also somebody still worried about the DEX price will get out of control,that's because BTS didn‘t have any financial instruments.
Force Settlement just like:
The price of house in the market is very high, so let's Force Settlement the mortgage in the bank,get the collateral which is house, then sell them into the market.
Bear and bull is decided by the market, no one know when and where it is.
In my opinion, force Settlement shouldn't exist, it is a tool of planned economy,will kill the active of market and the ecology of bitasset.
Most of the stablecoin didn't have it, but they did more and more better than BTS.
Consensus and enough collateral is the two legs of stablecoin,it is very easy to understand.
Also somebody still worried about the DEX price will get out of control,that's because BTS didn‘t have any financial instruments.
Force Settlement just like:
The price of house in the market is very high, so let's Force Settlement the mortgage in the bank,get the collateral which is house, then sell them into the market.