This will have the final announcement that we promised this week.... additional processes we have implemented have delayed release a tad, but I wanted to let everyone know it has been written and looks very good.
Do you mean a new announcement?
Or just a final summary of everything that has changed over the past couple weeks?
No new information... just all condensed and explained better than before.
not sure this belongs into the newsletter, but i wanted to share one perspective with regards to the merger which I didn't notice in previous discussions (or apologies if i missed that perhaps on mumble)
The merged DAC will have earnings streams from multiple businesses it supports. The enhanced profits should ensure BTS market cap becomes multiples of what BTSX stand alone would otherwise be. This means that collateral behind bitAssets issuance is not restricted by BTSX market cap (which is in turn depends on bitAssets transaction fees from a return perspective). So from Nov. 5th, any limits on issuance of bitAssets can be removed without easing 2xcollateralization requirement, by increasing united BitShares market cap. In a virtual circle, because bitUSD will now be used between various businesses of the united BTS, this enables for more bitUSD turnover inside the DAC, thus increasing transaction fees for any given money supply.
The effective decoupling of bitAssets issuance limits from tx fees generated by these very bitAssets constitutes imho a strong conceptual break-through and opens up great profitability potential for BTS compared with BTSX and separated DACs economics!