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Messages - bitcrab

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General Discussion / Re: Liquidity Mining(main thread)
« on: August 05, 2020, 02:32:44 pm »
The liquidity mining rule will be adjusted as below from 7th Aug:

TradingPairGroup                   Buy-Sell Reward Ratio  Fee Return Ratio  Pair Top Reward  Gear Goal Depth  Minimum Effective OrderVolume   
GroupA(BTS/gateway.assets)              7:3                              30                      4K BTS                400K BTS               100BTS
GroupB(BTS/bitEUR,bitRUBLE)            8:2                              10                       4K                      400K                     100BTS
GroupC(gateway.assets/bitAssets)      5:5                              10                      4K                       400K         0.0001BTC/2USDT/0.01ETH/1EOS
GroupD(BTS/bitCNY,bitUSD)              10:0                              4                       10K                     1M                        100BTS
GroupE(bitEUR/USDT)                       5:5                                5                       4K                       400K                     100BTS
Group A each day share at most 20KBTS reward
Group B and D each day share at most 20KBTS reward
Group C and E each day share at most 20KBTS reward

Operator will get 500BTS as payment everyday, this amount may be adjusted when BTS price change greatly, however, operator can only get 100% payment while finishing the job(create proposal and submit post in UTC 12:00, get 50% while finishing the job before UTC 24:00, and 0% if later, this pay will not be included in the mining reward proposal, but will be executed individually by committee. 

中文(Chinese) / Re: 4.0 投票机制变化
« on: August 04, 2020, 10:10:54 am »


中文(Chinese) / Re: 4.0 投票机制变化
« on: August 03, 2020, 08:42:20 am »


中文(Chinese) / Re: 4.0 投票机制变化
« on: August 03, 2020, 05:55:44 am »
抵押没票权,这个其实大多数人并不是一定不能接受。 韭菜对票权这个东西 其实不太在乎,在乎的是价格,和利用随意修改规则的割韭菜行为。     
但是abit偷偷添加代码 改投票机制这个 ,不论出于什么目的  都是不能接受的,  改投票机制可能本身没有问题,但是以隐瞒 欺骗的方式偷改  就是个大问题。

所以 将投票机制变化这部分先以patch的方式关掉 然后再进行投票 ,至少流程上是正确的。
abit至今仍不露面,           至少要给出解释,解释其 苦衷 原因, 大家也好理解  支持  不是吗?       




中文(Chinese) / Re: 4.0 投票机制变化
« on: August 03, 2020, 03:37:48 am »




中文(Chinese) / Re: 4.0 投票机制变化
« on: August 02, 2020, 07:02:30 am »
Also in my opinion witnesses are not being forced but its basicly their duty to be the keeper that cheats in code can't be added into bitshares.They gurantee the security of bitshares.
right, this is the more political correct statement.

中文(Chinese) / Re: 4.0 投票机制变化
« on: August 02, 2020, 04:52:19 am »



既然如此,何不当下就把4项功能分开投票,以作取舍? @abit

as I know, cn-vote is preparing a patch to remove the unplanned 4 features which are added to 4.0 release, and force witnesses to install.

and then, they will submit vote for the 4 features for the one new release again.

in my view, vote decay, 1 power 1 vote are in high possibility to be passed, deposit lock is also not low, "collateral and order no power" should not be approved.

so why submit the voting for these 4 features immediately?

maybe we need to consider another kind of road to reach the target, say, reduce the threshold at 2% every week, then the threshold will be 0.15CNY 4 months later, and minimize the hurt to the debt position owners as well.

do not support this, it will hurt a big group one more time.
to optimize the system, firstly need to find a chance to lower the USD threshold to be equal to that of CNY.

I now changed my idea, I'd like to support this kind of proposal.

I have expected that BTS price can be up 0.22CNY without much difficulty. so bitCNY can return to peg naturally, but what happened is not what I expected.

Now although bitCNY has big supply, but it's more like a game.

reducing threshold from 0.22 to 0.154 will hurt debt position owners, but maybe  this is not avoidable, and is better than continuing the offpeg.

we have hurt bitCNY holders for the future of BTS, can't we hurt debt position owners for the same?

actually I don't think it's easy to get enough voting power that support this, maybe it's better to do the same for bitUSD?

中文(Chinese) / Re: 流动性挖矿
« on: July 28, 2020, 06:40:45 am »

中文(Chinese) / Re: 流动性挖矿
« on: July 27, 2020, 04:07:20 pm »


General Discussion / margin call fee and force settlement fee setting
« on: July 25, 2020, 03:15:22 am »
30th July will come and BTS 4.0 will be on chain, community and committee need to consider the setting of the 2 new features - margin call fee and force settlement fee.

suppose let the fee rate be 1% and let the setting give minimum influence to other features, we can have an easy idea as below:

for margin call fee:
bitCNY: set MCFR = 1%, MSSR = 1.02
bitUSD: set MCFR = 1%, MSSR = 1.02
bitEUR: set MCFR = 1%, MSSR = 1.02
bitRUBLE: set MCFR = 1%, MSSR = 1.02, MCR = 1.6 or MCFR=1%, MSSR=1.09

comments: after implementation of BSIP74, margin_call_order_price = median_feed_price / (MSSR - MCFR), so set MCFR = 1%, MSSR = 1 will make the margin call order price = feed price/1.01 for bitCNY,USD and EUR, as before.

for force settlement fee:
bitCNY: set FSFP=1%, FSO = 1%
bitUSD: set FSFP=1%
bitEUR: set FSFP=1%
bitRUBLE: set FSFP=1%

comments: currently FSO(force settlement offset) of the 4 main bitAssets are all 1% except that bitCNY has a FSO of 2%, reduce FSO as 1% and at the same time set a 1% FSFP will make force settlement price almost unchanged.


donated 12664 BTS to cn-fund2020, which is the mining income of aaaa-bb from BTS/EUR pair in the first 5 days.

General Discussion / Re: Liquidity Mining(main thread)
« on: July 21, 2020, 03:23:51 pm »
propose to transfer 500K BTS from committee-account to committee-trade, for the liquidity mining reward in the coming days.
committee members, please approve according to your opinion.

Code: [Select]
1.10.59679  | Expires: 24 Jul 16:12
committee-account sent 500,000.00000 BTS to committee-trade

General Discussion / Re: Liquidity Mining(main thread)
« on: July 17, 2020, 11:41:02 am »
As there are some delay in the reward data verification work, up to now the reward of the first day is not issued yet, please be sure the work will be done soon and the reward of the days from 12th will be issued soon, sorry for the inconvenience.


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