这些提案，都是BTS持有者投票通过的，周瑜打黄盖，不同意就撤票。

所以没必要对这些提案的费用有什么意见。

说到底，是我们支持的这些投票代理，理事会，见证人，也就是我们自己太傻逼，拿自己的票当狗屎一样对待，所以就导致了这样的情况。

与其抱怨，不如重视手中的票权。

也不排除有腐败行为，大户自己给自己投票，拿工资。我觉得鼓鼓来做，100万就够了。

      (1+ recharge rate)is the legal tender price for investors to buy bitcny in china.
      Thousands of our Chinese investors in the DEX(basically, the vast majority of DEX's traders) bought bitcny in this way, thus entering the DEX. DEX's price * recharge rate should be the most accurate price of BTS.

Please explain what "Recharge rate" and "withdrawal rate" is.

In China, if you buy BTS on the DEX, you mainly use a software ,name Magicwallet. In the software, there are acceptors who is responsible for buying and selling bitcny. first, you buy bitcny from the acceptors,and then you buy BTS from the DEX. Recharge rate is the handling fee for investors to purchase bitcny, and withdrawal rate is the handling fee for investors to sell bitcny. These two handling fees reflect bitcny's premium.
The higher the bitcny premium, the higher the recharge rate, and the withdrawal rate is even negative.

币要涨，还是得要资金进来。但是bts跌那么多，就是爆仓机制助推的，再加上个黑天鹅助攻。原来的机制及其不合理。
1、低喂价伤害很大。见证人长期喂低价。包括bisp42在执行当后期喂价竟然低于现价很多，把币价直接压到黑天鹅。喂价要喂实际价格，也可以讲要喂“合理高价”，外盘价和(内盘价*溢价)中较高的一个。
2、高mssr伤害很大。造成bitcny长期溢价且大幅波动。
3、抵押线和爆仓线没有分开。空头稍微砸盘，连环爆仓就来了。

if DEX's price*(1+premium)>1.05*CEX's price 
   feed price = 1.05*CEX'price
otherwise                     
   feed price = max（DEX's price*(1+premium)，CEX's price  ）

premium=(Recharge rate-Withdrawal rate)/2

存在一个“转换价格”，就是从“随爆随吃”状态转到“黄单高悬”状态的价格，这个价格并不是一个固定的价格，受市场深度和情绪影响，也高度依赖于MSSR，但这个价格对于评价安全还是很有用处的。

目前MSSR=1.02的情况下，bitCNY的转换价格是大约0.4CNY不到一点，对应最高0.25的全局清算价，应该说还是很安全的。

如果把MSSR降为1.01，根据经验，bitCNY的转换价格大约会变为0.5CNY或者不到一点，对应最高0.313的全局清算价。

换种说法呢，如果MSSR降为1.01，在大约0.5CNY以下的价格区间内，都会有比较强的贴线抵押加仓的动力，为系统提供良好的流动性，但有一定的爆仓单累积的风险，最坏结果是在0.313处进入黑天鹅防护状态。在0.5CNY之上呢，不会产生爆仓单累积带来的风险，但贴现抵押加仓的动力也会变小。

bitCNY生态发展意味着这个转换价格需要慢慢变高，用MSSR越来越接近于1来实现。

    喂价的问题还是没有解决。现在的MSSR是1.02，理论上说，当溢价大于2%时，暴仓单是不应当砸盘的。现实情况是，前几天溢价到4%了，还在往下砸。
   喂价不低于内盘价*溢价，目的就是在Bitcny溢价过高的时候，暴仓单不再砸盘。这一点很多见证人根本不理解。
   Bitcny的溢价主要就是暴仓单砸出来的，这完全是可以避免的啊！

Quote from: bitcrab on May 10, 2019, 07:58:09 am

Quote from: sahkan on May 09, 2019, 09:39:32 pm

Things to remember:

1. if price change is within a threshold (E.G. 0.1%, of course need to be small enough), to avoid chain bloat, it's better to skip feeding a new price. So it's possible that no new feed got published for a relatively long period, the reason is too little change in price. IMHO an average interval of 5~20 minute is good enough.

2. there were people crying in the past that "it's easy to dump in CEX to trigger margin calls in DEX". Come on, please put thick enough buy orders with your own money in CEX to prevent the price from dropping.

3. DEX price * premium? How to know how much the premium is? Volumes of the fiat gateways (MagicWallet/bitCNY:QC in ZB/bitCNY:CNC in AEX) are so low recently, which can not justify the premium. Also the gateway price (aka deposit/withdrawal processing fee) can change quickly.

4. volumes on many CEXs are FAKE.

By the way, we have some charts here: http://pricefeed-tracker.dex.trading/

     
     1、 There is a gap between the prices of BTS in various exchanges. Why is there no arbitrage?Because there are all kinds of handling fees.However, you witnesses did not consider handling fees for all kinds of conversion of BTS prices.
      BTC--->BTS---->USDT----->CNY......   
      These price conversions do not take into account handling fees, so the feed price is always lower than the actual price.
      The highest price of BTS in major exchanges (including the DEX) is closest to the actual price.

      2、 Why can't the DEX price be taken into account in the feeding price? The volume of DEX has already exceeded tens of millions, surpassing many CEXs.
     Is it because the price is difficult to determine?
     How much does it cost for us to buy a BTS in the DEX? This is very clear,DEX price *Recharge rate.
     This is the real price of BTS, at least the feed price cannot deviate too much from this price.
     Why has MSSR dropped to 102%, and BITCNY premium is still large? The important reason is that the feed price is lower than the actual price.