Author Topic: Best X% value of daily settlement limit?  (Read 960 times)

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Offline Bhuz

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Update: after theoretical has confirmed that GRAPHENE_DEFAULT_FORCE_SETTLEMENT_MAX_VOLUME is indeed set to 20%, the committee has worked with the devs to create another update asset proposal to change the value to 2%.

We set the expiredate to the same as the other proposal, so both parameter changes will go live in roughly 14 hours from now.

You can review the proposal here: http://cryptofresh.com/p/1.10.21
Thx to @roadscape for quickly adding this new view!
Thx to @theoretical for reacting so quickly and creating the asset proposal!
Looks like the committee rushed changing the daily settlement limit for CNY from 20% to 2% just because "devs intended to set it to 2%, but made a mistake so it was set to 20%"? How do you know that 2% is not another mistake? BM has ever said that he doesn't know the best parameters.
Obviously high limit profits some people but hurt some other people, and vise versa.
We need more discussion before make decisions.

The devs made the proposal to change the code as designed.

We did not rush anything, and we did not really "make" a decision. The code was supposed to have it set to 2% and now it is so.

Discussion about the "right" settlement volume is openly advanceable by anyone!

Offline abit

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Update: after theoretical has confirmed that GRAPHENE_DEFAULT_FORCE_SETTLEMENT_MAX_VOLUME is indeed set to 20%, the committee has worked with the devs to create another update asset proposal to change the value to 2%.

We set the expiredate to the same as the other proposal, so both parameter changes will go live in roughly 14 hours from now.

You can review the proposal here: http://cryptofresh.com/p/1.10.21
Thx to @roadscape for quickly adding this new view!
Thx to @theoretical for reacting so quickly and creating the asset proposal!
Looks like the committee rushed changing the daily settlement limit for CNY from 20% to 2% just because "devs intended to set it to 2%, but made a mistake so it was set to 20%"? How do you know that 2% is not another mistake? BM has ever said that he doesn't know the best parameters.
Obviously high limit profits some people but hurt some other people, and vise versa.
We need more discussion before make decisions.

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