The shorter has the freedom to choice settlement time or call price .
If he has the second level collateral ,such as gdex.btc open.btc .
Then,we have no reason to buy bitcny for adjusting.
BTS's value come from market,gdex.btc or open.btc 's value come from market too .
Nobody question bitcny's value ,but it is too scarce .
So ,may be ,we could hold bitcny by more collateral.
https://github.com/bitshares/bsips/issues/78为了守住bitcny存量,可以用更开放的抵押机制。例如要爆仓了,可以补充gdex.btc为第二级抵押物以调节爆仓价,或调节爆仓单释放时间。
bitcny的量想稳定增长的话,只用bts抵押,有些偏颇了。因为bts的价格受btc影响。所以,用gdex.btc做爆仓前的第二抵押物,缓解爆仓时间或价格,是一个思路。
bitcny面临的是稀缺,而不是通胀。现在bts系统还是bm假设的bitcny通胀下的治理结构。我们对治理结构做下补充,能根据bitcny市场供需做出调整,才能实现设计初衷,服务币圈。