BitShares Forum
Main => General Discussion => Topic started by: mf-tzo on October 18, 2017, 03:07:32 pm
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When I got margin called in bitusd I paid 10% above feed. Why? I remember that we have adjusted the parameters in the past so margin calls are executed at 1% above feed price and I remember that this was a good decision since shorters created bitassets since the fee in margin call was only 1%.
When did we go back to the 10%? Can we go back to the 1% please?
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Your margin call bought back the BitUSD at 10% lower than the feed price to incentivise you to close your positions before you get called or maintain your collateral. Margin calls cost a premium of 10% to find a seller of BitUSD quickly.
The Maximum short squeeze ratio is 1100 http://cryptofresh.com/a/USD
You are thinking about forced settlement which was changed from 100% to 99% which is different.
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@JonnyBitcoin I see... Thank you very much for that. I misunderstood.