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Stakeholder Proposals / Re: [Poll] BSIP59:Reduce MSSR of bitCNY to 1.01
« on: April 19, 2019, 03:11:15 am »If we all agree that MSSR should be 0%, MCR at 1.0 and force settlement as high as we can (100%?), we should be able to get everyone creating some bitCNY, but who is going to buy it? I would rather see a bit smaller MCR than non-existent MSSR.
you misunderstood what I mean. I don't forget the basic financial principle.
I don't think MCR can be reduced to 1, in my view, it is possible to go down to say 1.5 or 1.4 and stay there without going down.
MSSR is possible to go to 1, but need step by step.
force settlement offset is not supposed to go as high as possible, I don't think there is a "the higher, the better" logic for this offset, actually, now 2% for bitCNY is as low as possible, as up to now we do not have an always reliable feed price.