no need to wait more time, now I'll start the poll for modifying settlement parameters for all the fiat pegged smartcoins.
as scheduled bitUSD should have been modified yesterday, but because some unexpected issue(not enough BTS in committee-account to pay fee) the time is postponed to 28th.
other than bitCNY and bitUSD, in Bitshares there are also fiat pegged smartcoins including EUR, JPY, GBP, KRW, TRY, SGD, HKD, RUB, SEK, NZD, MXN, CAD, CHF, AUD, ARS. most of these smartcoins have little supply, however some of them are potential to become wildly used, for the same reason that we modify bitCNY and bitUSD, I now suggest to apply the same change to all the smartcoins mentioned above - set force settlement offset to 1% and max settle volume to 0.5%
as ARS have already 1% as force settlement offset and 2% as max settle volume limit, this time ARS will be left unchanged, it can also help us to observe how a different max settle volume influence the behavior of one smartcoin.
regarding other smartcoins as bitBTC, bitSILVER, bitGOLD etc, as what they peg are not stable in price by themselves and then they are different with the fiat pegged smartcoins, this time the suggested change will not touch these smartcoins, if necessary, we will discuss the necessity to also modify them in another poll/thread.
this poll will collect opinion from community for at least a couple of weeks, and considering that many need to see bitUSD's behavior after the modification and then decide the opinion, this poll allow voters to change option.
relevant links for reference:
poll for modifying bitUSD:
https://bitsharestalk.org/index.php/topic,22936.0.htmlBSIP for modifying bitUSD:
https://github.com/bitshares/bsips/issues/14discussion thread for modifying bitCNY:
https://bitsharestalk.org/index.php/topic,22416.0.htmlBSIP for modifying bitCNY:
https://github.com/bitshares/bsips/blob/master/bsip-0016.md
Topic: [POLL]change force settlement parameters for all fiat pegged smartcoins? (Read 5870 times)
