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Messages - bench

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Variable MCR (1.5-2) should result in less margin calls. MCR of 1.25 is too low for the market.

After a price drop we can lower the MCR to 1.5 and reduce premiums, after a price rise the premium should get lower and MCR can rise without getting additional margin calls. 

Stakeholder Proposals / Re: Introducing
« on: November 22, 2018, 11:35:46 am »
Cool another DEX launched on Bitshares.

Do you have an too?

Compared to the BTS price we have enough worker at the moment.

What is the difference from the OL solution?

How many open source mobile apps are available at the moment? is forked by

Is there a option to use the LTM to referral a new user? The closed source wallets only allow developer referrals?
If the LTM refferal system is not used by LTM, OL can get rewards and finance development/maintenance of the wallet?

Could you also consider posting on whaleshares in the future?

You ask for a budget of 1000 Dollar:
You should first share a link on steemit, whaleshares/ for your project and you get instant reward by whales.
Promote this platforms with your content, is way more fun than a worker proposal.

Having an VM is a big bonus for new companies and adoption. Is there an easy way to put a VM on top of BTS without affecting the core?

Which integration does OpenLedger prefer?
Quote from: charyury
Our approach is all about on-chain. We believe smart contract is something that modern blockchain must have. Bitshares is perfect blockchain for business solutions, smart contracts is just one last thing still missing. Regarding performance, it is more a matter of correct pricing model. More paid transactions means more activity in the ecosystem, this is what all stakeholders are looking for. At this time Bitshares is definitely underutilized, there is huge space for transactions count increase.

In what timeframe? I think Bitshares needs first some upgrades of UI, core and website, when this happened some extra money on marketing could be spend.

General Discussion / Re: New mechanism to prevent bad debt (black swan)
« on: October 22, 2018, 02:13:57 pm »
@armin: You are right. Problem is liquidity reduction and lowering the feed price will also lower the MCR.

@FractalNode: You want to use fees to pay interest ?

We can archive market peg by changing at first:
1. MCR

The difference of feed price and DEX price should be seen in context of EMA and DEX Price.

You can sent a memo to seyseich66 by the send button and ask him, if he can return 90% to you.

General Discussion / Re: New mechanism to handle bad debt (black swan)
« on: October 19, 2018, 02:40:32 pm »
The account with collateral under 1 gets a negative entry for BTS and will be balanced to 0, when price of BTS is high enough again?

Isolating the problem is the best way dealing with this problem, but we need to make the barrier as high as needed to not get a black swan.
This fits better in a different topic:

General Discussion / New mechanism to prevent bad debt (black swan)
« on: October 19, 2018, 02:21:30 pm »
In this topic I want to discuss different ideas to prevent bad debt.

One idea was to handle margin positions depending on the collateral ratio.

Creating three groups for different ratios:
- 1.75>x>1.5: normal call price
- 1.5>x>1.25: reduced call price
- 1.25>x>1.00: sell to highest call order and reduce liquidity

What do you think ?

General Discussion / Re: Margin Call stopped working
« on: October 18, 2018, 11:07:33 pm »
Actual situation:
BTS is traded around 0.096$ and feed price is around 0.12$ and than there are people having a margin call until 0.15$ (<1.4), but don't get called because they are selling at 0.11$ and no one is buying at this levels.

We can put the margin call price higher to not get margin called, but we can't rise the selling price from people, who are getting margin called.

Will the price be adjusted to the real selling price, after hardfork ?

Adding smart contract possibilities is a good thing, but we should not allow smart contracts on the core level.

Performance/costs and security will not rise, when implemented?

Stakeholder Proposals / Re: BSIP22
« on: September 30, 2018, 05:36:00 pm »
Support from my side, too.

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