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Liquidity Mining(main thread)
bitcrab:
--- Quote from: Thul3 on July 09, 2020, 03:48:46 pm ---BAIP has a clear defenition anyone can read.
BAIP has no power over committee funds.Also MM contest is not a BAIP worker.
Your old manipulation habits are coming back.
Touching these funds will be with no consent and ilegal
Gateway assets same as MM contest have no relation to BAIP as BAIP is only about parameters for bitassets or informing about bitassets and NOTHING MORE.
MM Contest expacially with gateway assets included is a normal worker and nothing else.
Therefor this worker has never been approved as it doesn't fit the defention of BAIP based on consensus.
--- End quote ---
actually I am tired in replying these kind of words, perhaps this is the last time for me to reply.
in public chain code is law, specially in BTS which means stakeholders decide who are committee members and committee members do the defined governance work with reference to the stakeholders' opinion.
here the "defined governance" include the management of system parameters and the committee controlled funds.
I have said several times, Committee is just like the Board of a company.
BAIP fit this case enough, and opposition faction are given enough time to get enough voting power.
bitcrab:
--- Quote from: abit on July 09, 2020, 09:00:39 pm ---I think it's better to call it "liquidity mining" directly since the name is already well-known in the industry due to DeFi. E.G. https://hummingbot.io/blog/2019-11-liquidity-mining/ .
--- End quote ---
great, then from now on let's rename it "liquidity mining", and let's keep on optimize it and consider the possibility to put it onchain while running it.
binggo:
--- Quote from: bitcrab on July 09, 2020, 02:38:51 pm ---
worker proposal fit the case that need automatically transfer funds from reserve pool to applicant's account, not the usage of committee managed funds.
committee has the power to manage committee-controlled parameters and use committee managed funds, based on necessary voting.
--- End quote ---
So interesting words!
Committee didn't have the power to manage the committee parameters and funds, just help, only can follow the decision of the community.
--- Quote ---necessary voting
--- End quote ---
Oh, a cheating vote, is it? @abit
How necessary? necessary or not necessary, just decided by your mouth, not by the community.
We will see which committees will help other to steal the money of communtiy from the committee-account, this will be a hallmark event for BTS governance，congratulates？why not？！
maybe them?
@bitcrab
@zhouxiaobao-2010
@abit
@jademont
@kang8
@btsai
OK, more interesting things!
committee-trade
THRESHOLD=3
abit 1
agorise 1
bhuz 1
btsai 1
clockwork 1
zhouxiaobao-2010 1
abit:
I think it's better to call it "liquidity mining" directly since the name is already well-known in the industry due to DeFi. E.G. https://hummingbot.io/blog/2019-11-liquidity-mining/ .
Thul3:
--- Quote from: bitcrab on July 09, 2020, 02:38:51 pm ---
--- Quote from: Thul3 on July 09, 2020, 12:28:31 pm ---First BAIP has no threshold.Its being used for manipulation.
Second BAIP6 even when being legit have clearly stated it has no rights to committee funds.
You have no right to touch committee funds without getting it approved with a normal worker.
Every committee member who allows committee funds to be used in a manipulative way won't get my support and i'm sure will lose support of many other people.
It was made clear in BAIP6 that the threshold is a joke,being manipulated and that BAIP has no power to claim any funds but can only be used for changing parameters of bitassets.
MM needs funding which is totaly out of scope of a BAIP even when the BAIP threshold would be legit.
Current BAIP threshold is at 350 million votes.Something like that can't be taken serious.
It's nothing else as a indirect money transfer to bitcrab.
Bitcrab doesn't pay a single cent for that shit and receives 80% of the collected fee's.GDEX is currently even not the biggest gateway with most volume.
Bitassets are irrelevant since they are still under thresholds value.
So all spending will mainly go directly to GDEX.
Clearly a conflict of interest trying to selfbenefit from reserve pool / committee funds .
BAIP has by defenition NO POWER to claim any funds to be used only adjusting parameters for bitassets
If committee uses funds for BAIP6 it will also need to fund any other worker which is above BAIP threshold on that logic.
--- End quote ---
worker proposal fit the case that need automatically transfer funds from reserve pool to applicant's account, not the usage of committee managed funds.
committee has the power to manage committee-controlled parameters and use committee managed funds, based on necessary voting.
and this Ordering Mining is open to all gateways.
--- End quote ---
BAIP has a clear defenition anyone can read.
BAIP has no power over committee funds.Also MM contest is not a BAIP worker.
Your old manipulation habits are coming back.
Touching these funds will be with no consent and ilegal
Gateway assets same as MM contest have no relation to BAIP as BAIP is only about parameters for bitassets or informing about bitassets and NOTHING MORE.
MM Contest expacially with gateway assets included is a normal worker and nothing else.
Therefor this worker has never been approved as it doesn't fit the defention of BAIP based on consensus.
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