Author Topic: usd margin call  (Read 2116 times)

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Offline mf-tzo

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usd margin call
« on: October 18, 2017, 03:07:32 pm »
When I got margin called in bitusd I paid 10% above feed. Why? I remember that we have adjusted the parameters in the past so margin calls are executed at 1% above feed price and I remember that this was a good decision since shorters created bitassets since the fee in margin call was only 1%.

When did we go back to the 10%? Can we go back to the 1% please?

Offline JonnyB

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Re: usd margin call
« Reply #1 on: October 18, 2017, 04:07:58 pm »
Your margin call bought back the BitUSD at 10% lower than the feed price to incentivise you to close your positions before you get called or maintain your collateral. Margin calls cost a premium of 10%  to find a seller of BitUSD quickly.
The Maximum short squeeze ratio is 1100 http://cryptofresh.com/a/USD

You are thinking about forced settlement which was changed from 100% to 99% which is different.
I run the @bitshares twitter handle
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Offline mf-tzo

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Re: usd margin call
« Reply #2 on: October 18, 2017, 04:38:12 pm »
[member=37127]JonnyBitcoin[/member] I see... Thank you very much for that. I misunderstood.