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because what I care most is how to get things done, how to push BTS' evolution.

You are aware that it was your past actions (to get things done your way) which created the whale bhaozi and made tons of people leave bitshares?

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I'd also prefer to have *more* proxies with medium voting power than fewer ones with huge voting power.

Would it even be possible ?Alt could split his voting power to diffrent accounts or even diffrent people supporting his views and they would instantly get top proxies.

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and top CEXs own comparative voting power,

I guess you haven't thought what you would open here.
TOP CEX's are going to rape bitshares at any possible way just to make quick profit and they don't do small rape profit.
sschiessl named it the right way opening the pandora box.

if you think MCR reduction will also bring disaster to BTS, you can try your best to lobby proxies to vote against it, no problem.

if CEX can rape bitshares if they want, then BTS does not worth existing in this world.

sooner or later, CEXs will enter the BTS governance ecosystem, now we need them, just let them in now.

I'd also prefer to have *more* proxies with medium voting power than fewer ones with huge voting power.

agree, but when there is whale proxy we have to cope with it. otherwise the evolution of BTS will stop.

It is always bad that one single person control too much BTS, either the person is alt or me. as in a DPoS blockchain tokens means voting power.

Obviously, the current voting power distribution in top proxies is out of balance, the governance is no longer as healthy as we have expected.



I am considering to introduce some CEX into the governance of BTS, as shown above, generally top proxies and top CEXs own comparative voting power, introducing more voting power can help to balance the current power whale and help to make the governance more healthy.

Thoughts?

我觉得现在的黑天鹅防护方式挺好，如果说有什么缺点的话，那就是还要依赖于见证人，如果能改成系统自己进行黑天鹅防护就更好。也就是说系统自动保证喂价永远高于全局清算价。

我的看法，坏账处理方式必须把对生态的伤害最小化，包括：

1.抵押发行bitCNY的功能不能暂停。
2.抵押率大于1的良性债仓不能被系统强制清算。

所以，黑天鹅防护其实是选择让bitCNY贬值（反正无论如何都得贬值），把所有坏账留给市场去解决。

abit提出过https://bitsharestalk.org/index.php?topic=27273.15，这个方案本质上就是把现在的单个大全局清算池变成许多个小清算池，对应不同的清算价，谁坏账谁入清算池，不坏的债仓不受波及。也是一种不错的方案。

我自己还是更喜欢黑天鹅防护，因为并未把坏债仓转化为永久卖单，依然保留了调债仓以及强清的可能性。

老外们似乎更喜欢abit的方案，因为他们要“政治正确”，他们认为黑天鹅防护是“喂价造假”。

增加利率调整即可，抵押生成CNY产生借贷利息，可正负调整，类似央行做法。

正负调整？现在的情况等于利息为零的情况，尚不能保障供应，怎么办？搞负利率吗？让手里持有bitCNY的人付利息给借贷的人？那谁还敢持有bitCNY啊？

voted 1.14.174   Poll - BSIP59 - Reduce MCR of bitCNY to 1.6

this poll WP is initiated by me, more details can be found here https://bitsharestalk.org/index.php?topic=28208.0

you can also consider to set bitcrab as proxy to support this change.

I will not support change MCR to 1.6 because it's very hard to decide which one is better.
this can't contribute too much to encourage supply, but increase big unstable to the market.
and it's even more bad in the future when you decide to increase MCR like from 1.6 to 1.7

Change is always together with difficulty and risk, but BTS cannot be great without change.

And I believe changing MCR to 1.6 is a change with low risk, but will contribute obviously to the whole ecosystem.

DAI now has a market cap 10+ times of bitCNY. no one should be satisfied even if you have hundreds of millions of BTS.

Surely reducing MCR will contribute to encourage bitCNY supply, if I have 10M BTS, now I can borrow 1.8M bitCNY with CR=2.2, if MCR change to 1.6, I can borrow 1.95M bitCNY with CR=2.05, both CR has the same distance to MCR, in other word, same risk on margin calling.

Yes, 1.6 is more closer to GS, but there is still a big buffer, and BSIP58 is already active on bitCNY, in the worst black swan will not happen, but black swan protection will happen, which will not bring pain like black swan, but just cause some bitCNY devaluation and will restore soon, we have experienced this months ago.

Yes, it's more difficult to increase MCR, but that's also possible when the whole community reach strong consensus to do that, and this change is to 1.6, not much lower value like 1.2 or 1.3, in my view we do not need to change it back from 1.6 to 1.75 in long time.

As a reference, DAI has a MCR of 1.5.

I regret that you do not support this change as a whale.

I have no other choice, I'll try my best to lobby the whole community to win this change.