recently in China community someone suggest to lower MSSR of bitCNY, I'd like to have a public discuss and opinion survey on this topic.
thanks to the new feature target CR and the good market depth, recently most of the time the bitCNY margin called orders are eaten instantly at the price close to market price, when the price fall down to very low point, some margin called order are stay there for long time without being completely, and normally at this time the bitCNY premium is more than 10%.
when margin called orders stay there, then the sell order price will keep falling down when the feed price come down, shorters always can sell to make the feed price even lower and the buy back from DEX, this process make the price even lower.
so is it possible to lesson the positive feedback by lower the MSSR?
I think it's possible, as lower MSSR can reduce the profit expectation of shorting.
more ideas and opinions are welcome to clarify this.