BitShares Forum
Main => General Discussion => Topic started by: abit on September 22, 2022, 12:17:12 am
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2022-09-21 bitCNY parameter adjustment:
* disabled borrowing (temporarily)
Reason:
Mitigate potential systematic risks due to market volatility.
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Current bitCNY parameters:
ICR (Initial collateral ratio) 175%
MCR (Maintenance collateral ratio) 160%
MSSR (Maximum short-squeeze ratio) 105%
MCFR (Margin call fee rate) 3%
FSFP (Force settlement fee percent) 3%
FSO (Force settlement price offset) 2%
Force settlement delay 24 hour
Maximum force settlement volume per hour 0.5%
BSRM (Black swan response method) : individual settlement to fund
Minimum feeds 3
Price feed producers list:
1.2.183 hiquanta
1.2.35248 in.abit
1.2.987999 zapata42-witness
1.2.1031601 btspp-witness
Borrowing is disabled.
Force-settlement is enabled.