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SPRING BTS Fund Management Rules and Spring One Purchasing Instructions

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bitcrab:
wether the fund can vote is an internal problem among the fund holders.

if there's consensus among the fund holders, why can't the fund vote?

no one can deprive the fund holders of their voting rights.

binggo:

--- Quote from: bitcrab on September 21, 2018, 08:48:51 pm ---BSIP42 works fairly well for bitCNY, now it's time to also apply it to bitUSD, we'd like to support the witnesses that take positive actions on this.

we also hope that witnesses can publish the price feeding algorithms, that can help voters to judge.

--- End quote ---

DON'T AGREE.

The spring Fund shouln't have the voting right, every witness and committee members should know this very clearly.

If the spring found want to have the voting right,  The sping found should publish the voting procedure of the spring holders.

A foud shouldn't become a  political tool.

bitcrab:
BSIP42 works fairly well for bitCNY, now it's time to also apply it to bitUSD, we'd like to support the witnesses that take positive actions on this.

we also hope that witnesses can publish the price feeding algorithms, that can help voters to judge.

bitcrab:
updated witnesses voting. we would like to support the witnesses that work well in implementing BSIP42.

as now bitCNY is still in obvious premium(>1%), we select to vote the witnesses that always publish price which is higher than median.

we'll keep on checking the price feeding status and update the witness voting.

bitcrab:
actually BSIP42 redefined "feed price" as something like "guide price",  not the exact market price.

there's someways to get smartcoin premium, for bitCNY, you can

1. get the bitCNY deposit/withdraw fee from magicwallet and then calculate out the bitCNY premium.

or

2. from exchange like AEX or ZB get BTS price in CNC or QC, it can be regarded as BTS price in fiat as CNC and QC are IOU of CNY.  with the BTS price in bitCNY, you can calculate out the premium, 

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