Author Topic: Proposal: change back settle offset of bitCNY to 1%  (Read 2469 times)

0 Members and 1 Guest are viewing this topic.

Offline bitcrab

  • Committee member
  • Hero Member
  • *
  • Posts: 1928
    • View Profile
  • BitShares: bitcrab
  • GitHub: bitcrab
now the system just restored from a disaster, can we wait some days to see how things will be like when the price goes a little up? and then decide?

5% is necessary because the price feeding does not trace the market value exactly enough, I don't think the problem is already solved.

Offline Brekyrself

  • Hero Member
  • *****
  • Posts: 511
    • View Profile
@bitcrab What's your thought on this since you pushed for the 5% awhile back?  Are the price feeds accurate enough now to make the change back?

Offline JonnyB

  • Hero Member
  • *****
  • Posts: 636
    • View Profile

return it to 1%,  5% was supposed to be temporary
I run the @bitshares twitter handle

Offline biophil

  • Hero Member
  • *****
  • Posts: 880
  • Professor of Computer Science
    • View Profile
    • My Academic Website
  • BitShares: biophil
Support our research efforts to improve BitAsset price-pegging! Vote for worker 1.14.204 "201907-uccs-research-project."

Offline haruka

maybe not 1% according to bitcrab's point of view (he was saying about 3%), but 5% is apparently not correct.

Offline quicksnake

 +5% +5% +5%It's time to change back in this case.

Offline haruka

5% was a temporary solution. Now the basis of 5% no longer exists, we should change back this value to 1%.

Keeping at 5% does not make sense now.