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Main => Technical Support => Topic started by: DestBest on November 20, 2015, 07:24:32 pm

Title: Fee Pool: Core Exchange Rate, Pool Balance & Unclaimed Issuer Income
Post by: DestBest on November 20, 2015, 07:24:32 pm
Hey guys!
We just created our UIA, BTSFCX  :D
https://bitshares.openledger.info/#/asset/BTSFCX
Here are my questions:

We never funded the fee pool and yet the network pays tx fees in BTSFCX, where does the BTS come from when we pay tx fees with BTSFCX ?

How can we choose to pay tx fees with BTS by default ? Disabling "Charge Market Fee" ?
What is the "Pool Balance" ? Why does his value is 234 578 127 ?
What is "Unclaimed Issuer Income" ? Why does his value is 15 421 874 ?
Title: Re: Fee Pool: Core Exchange Rate, Pool Balance & Unclaimed Issuer Income
Post by: roadscape on November 20, 2015, 10:01:10 pm
> We never funded the fee pool and yet the network pays tx fees in BTSFCX, where does the BTS come from when we pay tx fees with BTSFCX ?

When you register an asset, 50% of the fee goes into the fee pool. So you should have started off with 2,500 BTS in the pool.

> How can we choose to pay tx fees with BTS by default ? Disabling "Charge Market Fee" ?

I'm not sure if the GUI wallet supports this yet. It will soon iirc. "Charge market fee" only deals with trades, not xfers.

> What is the "Pool Balance" ? Why does his value is 234 578 127 ?

GUI bug, the decimal point is missing. It's in BTS (which has a precision of 5) so Pool Balance is actually 2,345.78127 BTS

> What is "Unclaimed Issuer Income" ? Why does his value is 15 421 874 ?

This value is also missing the decimal point. It's measured in BTSFCX (precision = 4) so the value is in fact 1,542.1874 BTSFCX
Title: Re: Fee Pool: Core Exchange Rate, Pool Balance & Unclaimed Issuer Income
Post by: DestBest on November 20, 2015, 10:35:52 pm
Thanks! 
Very clear answers :D

#btstip "roadscape" 50 BTSFCX

Title: Re: Fee Pool: Core Exchange Rate, Pool Balance & Unclaimed Issuer Income
Post by: btstip on November 20, 2015, 10:36:48 pm
Hey DestBest, here are the results of your tips...
Curious about BtsTip? Visit us at http://btstip.io and start tipping BTS on https://bitsharestalk.org/ today!
Source: https://bitsharestalk.org/index.php/topic,20149.msg259182/topicseen.html#msg259182
Created by hybridd (https://bitsharestalk.org/index.php?action=profile;u=40140)