BitShares Forum

Main => Stakeholder Proposals => Topic started by: haruka on January 17, 2018, 05:57:02 am

Title: Proposal: change back settle offset of bitCNY to 1%
Post by: haruka on January 17, 2018, 05:57:02 am

5% was a temporary solution. Now the basis of 5% no longer exists, we should change back this value to 1%.

Keeping at 5% does not make sense now.

Title: Re: Proposal: change back settle offset of bitCNY to 1%
Post by: quicksnake on January 17, 2018, 07:39:35 am

 +5% +5% +5%It's time to change back in this case.

Title: Re: Proposal: change back settle offset of bitCNY to 1%
Post by: haruka on January 17, 2018, 08:13:23 am

maybe not 1% according to bitcrab's point of view (he was saying about 3%), but 5% is apparently not correct.

Title: Re: Proposal: change back settle offset of bitCNY to 1%
Post by: biophil on January 17, 2018, 03:42:58 pm

 +5% Agree.

Title: Re: Proposal: change back settle offset of bitCNY to 1%
Post by: JonnyB on January 17, 2018, 04:42:52 pm

YES!

return it to 1%,  5% was supposed to be temporary

Title: Re: Proposal: change back settle offset of bitCNY to 1%
Post by: Brekyrself on January 17, 2018, 06:10:56 pm

@bitcrab What's your thought on this since you pushed for the 5% awhile back?  Are the price feeds accurate enough now to make the change back?

Title: Re: Proposal: change back settle offset of bitCNY to 1%
Post by: bitcrab on January 18, 2018, 10:07:47 am

now the system just restored from a disaster, can we wait some days to see how things will be like when the price goes a little up? and then decide?

5% is necessary because the price feeding does not trace the market value exactly enough, I don't think the problem is already solved.