Quote

Worker are already paid in bitAssets by shorting BTS on the DEX.

Exactly, that shorting we must prevent.

How should the bitAsset created to finance the worker?

Quote from: bench on August 07, 2019, 02:00:45 am

1. Createing bitAssets with a margin position takes some risk
2. You can decrease the reserve pool spending by voting for the refund workers
3. We should introduce a margin call fee (0.1-0.2%) to increase income
4. We should also increase the costs for make/take an order to increase income

We need to pay the workers in SmartAssets, not necessarily created on margin calls by the reserve pool. Instead, it could be assets strategically bought on the market. Paying workers in bts is a shoot in the foot of the system to itself. And that is because those workers  dump their just earned bts on the market, either for BTC or a fiat/stable coin just to pay for their bills. This dump lowers BTS price and accelerates de depletion of the reserve pool with each new worker.

Worker are already paid in bitAssets by shorting BTS on the DEX.

Quote from: xeroc on August 08, 2019, 07:59:25 am

Quote from: bench on August 07, 2019, 02:00:45 am

1. Createing bitAssets with a margin position takes some risk
2. You can decrease the reserve pool spending by voting for the refund workers
3. We should introduce a margin call fee (0.1-0.2%) to increase income
4. We should also increase the costs for make/take an order to increase income

5. The committee could raise the network cut from fees from 20% to ... erm .. 80%

I've always liked the idea of raising the network's share of fees. However, 80% might be too much. How about 40% or maybe 50%?

5. Increasing the network cut from 20% sabotages the referral system and the LTM.
Increasing the fees for take/make/cancel order improves the referral system and the network income.

When someone thinks the network needs a higher cut, he already can do this with the BTS burn function. Lets burn some BTS!

Option 5. should be the last option, when the reserve pool runs out of funds.
Option 3. 4. 6. and 7. should be considered first.

4. make/take/cancel fee can be increased to 0.2/0.6/0.02 ¢
   + update margin / collateral bid also to 0.2 ¢

6. We can give the non-LTM a 20% referral link, to get more referrals. This is a small disadvantage for LTM, but it is now possible to earn extra from the other 60% by non-LTM referrals.
https://github.com/bitshares/bsips/issues/186

7. Lower MCR to 1.5
https://bitsharestalk.org/index.php?topic=28670.0

Can we find some way to reduce our expenses?

Remove your proxy and vote only for the refund workers.

1. Createing bitAssets with a margin position takes some risk
2. You can decrease the reserve pool spending by voting for the refund workers
3. We should introduce a margin call fee (0.1-0.2%) to increase income
4. We should also increase the costs for make/take an order to increase income

Quote from: bench on July 25, 2019, 08:16:10 pm

OpenLedger registrar takes 0%.

no, it's also 50%

I have 0%!

The funds should be used to finance a bitUSD/BTS DEXbot worker with RO strategy. Profits can be used to finance other workers.

Some liquidity in the bitUSD/USDT market with tighter spreads are also needed!