BitShares Forum

Main => General Discussion => Topic started by: mf-tzo on October 18, 2017, 03:07:32 pm

Title: usd margin call
Post by: mf-tzo on October 18, 2017, 03:07:32 pm
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?
Title: Re: usd margin call
Post by: JonnyB on October 18, 2017, 04:07:58 pm
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.
Title: Re: usd margin call
Post by: mf-tzo on October 18, 2017, 04:38:12 pm
@JonnyBitcoin I see... Thank you very much for that. I misunderstood.