You will need to issue all the shares, meaning create them onto some account.

Please do provide some feedback @committee

How is the market operations going?

How much did the bitCNY and bitUSD fees generate, and did you see an effect on the market and volume?

Double post

https://bitsharestalk.org/index.php?topic=26175.0

The question I would like to ask is this: Should the worker account rather pay a premium to improve volume (not liquidity - it's actually taking liquidity)
or should the worker trade against committee-owned funds at feed price?

Exactly the right question. Answering that retroactively for the existing workers is difficult, or even impossible without a new proposal since it states that the escrow buys the bitUSD off the market, and the market is like it is.
Or speaking otherwise: Why should the BBF obtain bitUSD cheaper then everyone else? This option could be included in future workers escrowed by the BBF.

But the committee could come up with alternative solution, if it is viable and feasible. For example, sell the fee-accumulated bitUSD like planned, and refund the reserve pool with the extra BTS that are obtained due to the difference of market price and feed price.

Please be more specific.

I assume you have BTC in an outside Bitcoin wallet? And you want to buy BitUSD?

As far as 1. is concerned, it currently leaves about 40000 bts /daily available. That is almost 200k USD/month at current prices...

Considering the workers already voted in, it seems more than enough for any upcoming worker.

In any case, the idea is for this worker to function similarly to the refund400k one and have variable payment after all other workers have been paid.
So we expect the community to vote responsibly.

One main difference is that the refund worker pays back to the refund pool, which is controlled via BTS vote, whereas the committee accounts are controlled via commitee vote. This creates very centralized power expecially with the set end time and amount of daily pay.

I understand one could simply downvote the worker then, but it is a fact that letting things run happens easier than revoting it. I support the initiative though, just questioning the extent.