BitShares Forum

Main => General Discussion => Topic started by: bitcrab on May 08, 2019, 09:38:48 am

Title: [Announcement]Change of MCR from 1.75 to 1.6 for bitUSD
Post by: bitcrab on May 08, 2019, 09:38:48 am
As the poll worker proposal 1.14.187 has been voted active and got more support than the "do not change" worker proposal 1.14.188, MCR of bitUSD will change from 1.75 to 1.6.

The change will happen after  UTC 00:00 13th, May, 2019.

Every witness is requested to update the feeding script to publish 1.6 as MCR of bitUSD, please do the job after UTC 00:00 13th, May, 2019 and finish before UTC 00:00 15th, May, 2019.

For more information about the poll for this change, please check https://bitsharestalk.org/index.php?topic=28352.0 (https://bitsharestalk.org/index.php?topic=28352.0)
Title: Re: [Announcement]Change of MCR from 1.75 to 1.6 for bitUSD
Post by: finn-bts on May 08, 2019, 10:08:09 am
Support for changes
Title: Re: [Announcement]Change of MCR from 1.75 to 1.6 for bitUSD
Post by: sahkan on May 08, 2019, 10:36:13 pm
Actually    proposal 1.14.188 is also over the 400K refund worker so they are both voted in. I will not support unless there is a clear 25% difference in votes. We need more people to weigh in on this. Simply to create more BitUSD to buy your own margin calls is probably not the answer atm.
Title: Re: [Announcement]Change of MCR from 1.75 to 1.6 for bitUSD
Post by: Thul3 on May 08, 2019, 10:45:56 pm
1.14.188 is not voted in.
Title: Re: [Announcement]Change of MCR from 1.75 to 1.6 for bitUSD
Post by: finn-bts on May 09, 2019, 12:56:00 am
Actually    proposal 1.14.188 is also over the 400K refund worker so they are both voted in. I will not support unless there is a clear 25% difference in votes. We need more people to weigh in on this. Simply to create more BitUSD to buy your own margin calls is probably not the answer atm.
The supporters of 1.14.188 are from BEOS. It is well known that they cannot represent the interests of the vast majority of shareholders, and their votes are personally emotional.
Title: Re: [Announcement]Change of MCR from 1.75 to 1.6 for bitUSD
Post by: sahkan on May 09, 2019, 06:22:06 am
Actually    proposal 1.14.188 is also over the 400K refund worker so they are both voted in. I will not support unless there is a clear 25% difference in votes. We need more people to weigh in on this. Simply to create more BitUSD to buy your own margin calls is probably not the answer atm.
The supporters of 1.14.188 are from BEOS. It is well known that they cannot represent the interests of the vast majority of shareholders, and their votes are personally emotional.
The same can be said about people that voted for 1.14.187.
Title: Re: [Announcement]Change of MCR from 1.75 to 1.6 for bitUSD
Post by: sschiessl on May 09, 2019, 07:24:13 am
This highlights for me the need to specify in the BSIP the rules for acceptance / rejection similar to what has been done for  BSIP-42
https://github.com/bitshares/bsips/blob/master/bsip-0042.md#constant-voting-evaluation

Those BSIP would not be constantly evaluated as they reflect a one time decision, but rules for acceptance / rejection are clearly necessary.

Current voting state:
YES  363,854,977  (53,05% of given votes)
NO    321,904,221  (46,94% of given votes)

Brexit had less of a difference xD. Personally, I would consider this BSIP as accepted.
Title: Re: [Announcement]Change of MCR from 1.75 to 1.6 for bitUSD
Post by: finn-bts on May 09, 2019, 08:54:25 am
Actually    proposal 1.14.188 is also over the 400K refund worker so they are both voted in. I will not support unless there is a clear 25% difference in votes. We need more people to weigh in on this. Simply to create more BitUSD to buy your own margin calls is probably not the answer atm.
The supporters of 1.14.188 are from BEOS. It is well known that they cannot represent the interests of the vast majority of shareholders, and their votes are personally emotional.
The same can be said about people that voted for 1.14.187.
Only beos support 1.14.187
Title: Re: [Announcement]Change of MCR from 1.75 to 1.6 for bitUSD
Post by: yamtt on May 09, 2019, 03:48:22 pm
Support for changes
Title: Re: [Announcement]Change of MCR from 1.75 to 1.6 for bitUSD
Post by: sahkan on May 09, 2019, 09:43:32 pm
This highlights for me the need to specify in the BSIP the rules for acceptance / rejection similar to what has been done for  BSIP-42
https://github.com/bitshares/bsips/blob/master/bsip-0042.md#constant-voting-evaluation

Those BSIP would not be constantly evaluated as they reflect a one time decision, but rules for acceptance / rejection are clearly necessary.

Current voting state:
YES  363,854,977  (53,05% of given votes)
NO    321,904,221  (46,94% of given votes)

Brexit had less of a difference xD. Personally, I would consider this BSIP as accepted.

All right, I will give it another 24hrs and if the YES is still on top I will adjust.
Title: Re: [Announcement]Change of MCR from 1.75 to 1.6 for bitUSD
Post by: BTSMoon on May 10, 2019, 08:47:21 am
Support for changes
Title: Re: [Announcement]Change of MCR from 1.75 to 1.6 for bitUSD
Post by: abit on May 13, 2019, 10:24:49 am
Currently the "yes" worker has 367,597,451 votes and the "no" worker has 2,722,551 votes, at the same time the worker with highest support has 874,513,752 votes.

IMHO voter turnout of this subject is not sufficient (for me to decide to change). I will wait for more support.

Update (2019-05-19):
The "yes" worker now has 723,964,958 votes. Although I don't think BEOS's vote is serious, the other major voters who didn't vote for "yes"  (openledger,xeroc,blckchnd, clockwork and etc) also didn't vote for "no" after these days, so I think it's time for me to update my feed to 1.6.
Title: Re: [Announcement]Change of MCR from 1.75 to 1.6 for bitUSD
Post by: George_Bitspark on May 16, 2019, 12:39:03 pm
No, dont support.
Title: Re: [Announcement]Change of MCR from 1.75 to 1.6 for bitUSD
Post by: binggo on May 16, 2019, 01:42:06 pm
No, dont support.

Please give the reason? Committee!