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Main => General Discussion => Topic started by: iHashFury on October 19, 2015, 02:53:00 pm

Title: Fee pools that require funds
Post by: iHashFury on October 19, 2015, 02:53:00 pm

SILVER

Code: [Select]

core_fee_paid <= fee_asset_dyn_data->fee_pool: Fee pool balance of '0 BTS' is less than the 20.06376 BTS required to convert 0.0048 SILVER

Title: Re: Fee pools that require funds
Post by: xeroc on October 19, 2015, 02:55:24 pm

Fee pool is empty and web wallet does not yet know how to pay fees in BTS instead of SILVER :(

Title: Re: Fee pools that require funds
Post by: iHashFury on October 20, 2015, 03:34:09 pm

GBP

Code: [Select]

core_fee_paid <= fee_asset_dyn_data->fee_pool: Fee pool balance of '0 BTS' is less than the 5.01535 BTS required to convert 0.0130 GBP

Title: Re: Fee pools that require funds
Post by: bitcrab on October 20, 2015, 03:43:53 pm

CNY also:
core_fee_paid <= fee_asset_dyn_data->fee_pool: Fee pool balance of '0 BTS' is less than the 20.00219 BTS required to convert 0.5457 CNY

Title: Re: Fee pools that require funds
Post by: bytemaster on October 20, 2015, 03:47:55 pm

Anyone may fund fee pools at any time.   

I have just funded BTC, GOLD, SILVER, CNY, and GBP until the committee account can reimburse.

Title: Re: Fee pools that require funds
Post by: iHashFury on October 20, 2015, 03:49:58 pm

Thanks

How do users fund fee pools?

Title: Re: Fee pools that require funds
Post by: bytemaster on October 20, 2015, 03:55:02 pm

Code: [Select]

unlocked >>> fund_asset_fee_pool **USERACCOUNT** BTC 10000 true

Title: Re: Fee pools that require funds
Post by: yvv on October 24, 2015, 02:20:02 pm

Quote from: bytemaster on October 20, 2015, 03:47:55 pm

Anyone may fund fee pools at any time.   

I have just funded BTC, GOLD, SILVER, CNY, and GBP until the committee account can reimburse.

Could somebody also fund RUB? I am not familiar with CLI yet.

Title: Re: Fee pools that require funds
Post by: iHashFury on October 24, 2015, 02:28:38 pm

Quote from: yvv on October 24, 2015, 02:20:02 pm

Quote from: bytemaster on October 20, 2015, 03:47:55 pm

Anyone may fund fee pools at any time.   

I have just funded BTC, GOLD, SILVER, CNY, and GBP until the committee account can reimburse.

Could somebody also fund RUB? I am not familiar with CLI yet.

added 1000 BTS  to RUB pool

Title: Re: Fee pools that require funds
Post by: DestBest on October 24, 2015, 03:25:30 pm

How does the funding of the fee pool actually work?

What happen if you fund it with 1000 BTS?
 Do you get them back at any point?
 Do you get them back as converted bitAsset?

Title: Re: Fee pools that require funds
Post by: bytemaster on October 24, 2015, 04:01:15 pm

Fee pool is meant to be funded by the issuer.   Funding it is a donation to the issuer.

Title: Re: Fee pools that require funds
Post by: yvv on October 24, 2015, 04:17:39 pm

Quote from: bytemaster on October 24, 2015, 04:01:15 pm

Fee pool is meant to be funded by the issuer.   Funding it is a donation to the issuer.

I don't get it now. What happens with fee which I am charged per placing an order? Does the guy who funded the fee pool get reimbursed?

Title: Re: Fee pools that require funds
Post by: abit on October 24, 2015, 07:27:58 pm

Quote from: yvv on October 24, 2015, 04:17:39 pm

Quote from: bytemaster on October 24, 2015, 04:01:15 pm

Fee pool is meant to be funded by the issuer.   Funding it is a donation to the issuer.

I don't get it now. What happens with fee which I am charged per placing an order? Does the guy who funded the fee pool get reimbursed?

When you placing an order, you pay fees in the currency which you sell, for example if you sell USD, you pay fees in USD. The system convert your fee to BTS at the price core_exchange_rate, that amount of BTS is deducted from the fee pool and paid to the network. I don't know who got the USD you paid though, maybe it's the issuer.

Title: Re: Fee pools that require funds
Post by: cube on October 26, 2015, 03:54:54 pm

Quote from: bytemaster on October 24, 2015, 04:01:15 pm

Fee pool is meant to be funded by the issuer.   Funding it is a donation to the issuer.

Is the issuer for bitUSD the committee account?  How does a committee member fund the fee pool?

Title: Re: Fee pools that require funds
Post by: bytemaster on October 26, 2015, 05:43:38 pm

Quote from: cube on October 26, 2015, 03:54:54 pm

Quote from: bytemaster on October 24, 2015, 04:01:15 pm

Fee pool is meant to be funded by the issuer.   Funding it is a donation to the issuer.

Is the issuer for bitUSD the committee account?  How does a committee member fund the fee pool?

With their personal account.  The committee members can jointly take any action any other user can.

Title: Re: Fee pools that require funds
Post by: Musewhale on October 26, 2015, 07:16:49 pm

 +5% +5% +5%