The bitassets created would get sold on the market at say feed price +7% and then the bts from that sale returned to the reserve pool or fee pool.
A committee run account would have create these new bitassets and once created and sold that account would have 300% collateral positions for the 100% bitassets it created.
On telegram with @mindplux
@iHashFury we discussed the idea of a committee controlled account which could create $50,000 bitUSD and then destroying the private key for that committee controlled account.
This would create a good base supply of bitusd to jumpstart the dex and get it moving. If a worker proposal wasn't continuous and ended it would still be providing liquidty because there would be more bitassets sloshing around in the system in general.
However! those 300% ($150000) worth of BTS would be lost forever. so the equivalent of a burn really.
You could offset this loss/burn by adding a recurring payment from the committe controlled account that gets deleted so that any bts from forced settlements in the committee account would be returned to the reserve pool.
I think this idea could make sense as a one hit or injection of liquidity to the dex.