Author Topic: [Witness proposal] btspp-witness(双语)  (Read 21015 times)

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Offline kimchi-king

Voted. Keep up the great work and thanks for your support to the community.

Offline gghi

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再来讨论下更加激进的算法,供见证人参考。

           举例论证公式效果,宽松目标负2%,加速因子N=3
当溢价负0.02时(折扣2%),加速因子喂3。理想喂价 = BTS市场价 * (1-0.02+0.02)^3=BTS市场价 *1^3=BTS市场价 *1,结论:目标达到理想状态,无需调整。
当溢价负0.01时(折扣1%),加速因子喂3。理想喂价 = BTS市场价 * (1-0.01+0.02)^3=BTS市场价 *1.01^3=BTS市场价 *1.030301,结论:市场价提高3%,接近理想目标。
当溢价0时,加速因子喂3。理想喂价 = BTS市场价 * (1+0.02)^3=BTS市场价 *1.02^3=BTS市场价 *1.0612,结论:市场价提高约6%,很满意,也很安全。

当溢价0.01时,加速因子喂3。理想喂价 = BTS市场价 * (1.01+0.02)^3=BTS市场价 *1.03^3=BTS市场价 *1.092727,结论:市场价提高约9.2%,满意,也很安全。
当溢价0.02时,加速因子喂3。理想喂价 = BTS市场价 * (1.02+0.02)^3=BTS市场价 *1.04^3=BTS市场价 *1.125,结论:市场价提高约12%,满意,也安全。
当溢价0.03时,加速因子喂3。理想喂价 = BTS市场价 * (1.03+0.02)^3=BTS市场价 *1.05^3=BTS市场价 *1.157,结论:市场价提高约15%,满意,也安全。

当溢价0.04时,加速因子喂3。理想喂价 = BTS市场价 * (1.04+0.02)^3=BTS市场价 *1.06^3=BTS市场价 *1.191,结论:市场价提高约19%,满意,安全。
     当溢价0.05时,加速因子喂3。理想喂价 = BTS市场价 * (1.05+0.02)^3=BTS市场价 *1.07^3=BTS市场价 *1.225,结论:市场价提高约22%,风险依然可控。

          我们可以看到,随着溢价参数的不断变大,市场价提高呈现线性下降趋缓模式。
实际上如果采用M=0.02,即宽松指标为2%,加速因子N=3,这样的公式后,溢价很难超过1%。因为当溢价达到1%时,喂价相对市场价提高了约9.27%,这个时候相当于MSSR为”0“了。也就是说爆仓单对内盘的价格不再有”压制“作用了,此时的内盘完全有动力和外盘保持价格”一致“。如果内外盘趋于价格持平,就是溢价消失的过程。
      结论:如果采用宽松指数M=0.02,即宽松目标2%,加速因子N=3,那么理论上溢价不会超过2%。


Let's discuss the more radical algorithm for reference.

Exemplification of formula effect, loose target negative 2%, acceleration factor N=3
When the premium is negative 0.02 (discount 2%), the acceleration factor is 3. The ideal feeding price = BTS market price *( 1-0.02+0.02) ^ 3 = BTS market price * 1 ^ 3 = BTS market price * 1. Conclusion: The target is in an ideal state without adjustment.
When the premium is negative 0.01 (discount 1%), the acceleration factor is 3. Ideal feeding price = BTS market price * (1-0.01+0.02) ^ 3 = BTS market price * 1.01 ^ 3 = BTS market price * 1.030301, conclusion: the market price increases by 3%, close to the ideal target.
When the premium is 0, the acceleration factor is 3. Ideal feeding price = BTS market price * (1 + 0.02) ^ 3 = BTS market price * 1.02 ^ 3 = BTS market price * 1.0612, conclusion: the market price increase of about 6%, very satisfactory and safe.

When the premium is 0.01, the acceleration factor is 3. The ideal feeding price = BTS market price * (1.01 + 0.02) ^ 3 = BTS market price * 1.03 ^ 3 = BTS market price * 1.092727. Conclusion: The market price increases about 9.2%, satisfactory and safe.
When the premium is 0.02, the acceleration factor is 3. The ideal feeding price = BTS market price * (1.02 + 0.02) ^ 3 = BTS market price * 1.04 ^ 3 = BTS market price * 1.125. Conclusion: The market price increases about 12%, satisfactory and safe.
When the premium is 0.03, the acceleration factor is 3. The ideal feeding price = BTS market price * (1.03 + 0.02) ^ 3 = BTS market price * 1.05 ^ 3 = BTS market price * 1.157. Conclusion: The increase of market price is about 15%, satisfactory and safe.

When the premium is 0.04, the acceleration factor is 3. The ideal feeding price = BTS market price *( 1.04 + 0.02) ^ 3 = BTS market price * 1.06 ^ 3 = BTS market price * 1.191. Conclusion: The market price increases about 19%, satisfactory and safe.
When the premium is 0.05, the acceleration factor is 3. The ideal feeding price = BTS market price * (1.05 + 0.02) ^ 3 = BTS market price * 1.07 ^ 3 = BTS market price * 1.225, conclusion: the market price increases about 22%, the risk is still controllable.

We can see that with the constant increase of the premium parameters, the market price increases show a linear decline slowing down model.
In fact, if M = 0.02, that is, the easing index is 2%, the accelerating factor N = 3, such a formula, the premium is very difficult to exceed 1%. Because when the premium reaches 1%, the feed price rises by about 9.27% relative to the market price, which is equivalent to the MSSR of "0". That is to say, the explosive warehouse receipt no longer has a "suppressive" effect on the price of the internal market, at this time the internal market is fully motivated and the external market to maintain a "consistent" price. If the internal and external prices tend to be flat, the premium will disappear.
Conclusion: If the easing index M = 0.02, that is, the easing target 2%, the accelerating factor N = 3, then the theoretical premium will not exceed 2%.
« Last Edit: September 03, 2018, 02:36:25 pm by gghi »

Offline btspp

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Offline btspp

已经下载使用了,产品很棒!投票支持了!
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i have downloaded the app, fantastic job! voted!
我们将会持续的迭代改进,感谢您的认可。同时如果也欢迎您加入我们的BTS++微信讨论群,一起探讨。
/We will continue to iterative improvements, thank you for your recognition. At the same time, if you are also welcome to join our BTS++ WeChat discussion group, discuss together.
Email:contact@btsplusplus.com
Website:http://btspp.io
Witness:btspp-witness

Offline btspp

          感谢团队为BTS做的努力,已经投票支持了。希望喂价更加合理,锚定精度更高,这样智能货币的用途才能更广泛。
也感谢您一直为社区所做的努力,感谢投票。关于BTS中喂价确实是一个重要的话题,我们需要探索和改变。
Email:contact@btsplusplus.com
Website:http://btspp.io
Witness:btspp-witness

Offline ymtt

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已经下载使用了,产品很棒!投票支持了!
----------------------------------------------
i have downloaded the app, fantastic job! voted!

Offline btspp

我没有看到路线图/促销计划。 你能发一个链接吗?

期待明天看到iOS原型。 当您想要将其放入应用商店时,您是否已经调查了限制?
The first version of our ios has been released, welcome to try, the enterprise version download link: http://ios.btspp.io/, the AppStore version and Android we will advance as soon as possible.
Email:contact@btsplusplus.com
Website:http://btspp.io
Witness:btspp-witness

Offline btspp

iOS下载地址:http://ios.btspp.io/
iOS download: http://ios.btspp.io/


Thank you for your continued attention. For two months, the BTS++ team has been working day and night. We have been focusing on the development and testing of our products. At the same time, we also provided stable and reasonable price for the witnesses, and actively explored the reform of the feed price to help the community.
We believe that products are a better proof of our team.
A lot of discussions and sharing have been done on future planning and some problems in the long-term development of bts ecology. Some of them contain some content that needs simulation data as arguments. I want to share them together and discuss them at a more mature time. We don’t want to rush Some programs and programs that do not have data support.
Through the unremitting efforts of the team, today we officially released the first version of the BTS++ wallet (ios), you can download and install the enterprise version through our website http://btspp.io/. App Store and Android, we will launch as soon as possible.
We will also maintain more communication with users in the next period to improve the products. At the same time, in the near-term planning, we will implement the fund-seeking parties seeking BTS value recognition to promote the next step of business planning and layout. I hope to get everyone's approval and vote for us, thank you for your attention and support.
Thanks also to the members of the team, hard work!
Witness account number: btspp-witness
Thank you for your valuable vote!
contact us:
Web: http://btspp.io/
Telegram: https://t.me/btsplusplus
WeChat: bts-pp
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感谢大家一直以来的关注。两个月以来,BTS++团队夜以继日的工作。一直在专注于产品的开发和测试,同时作为见证人期间我们也提供了稳定的出块、合理的喂价,并积极探索喂价的改革,为社区尽绵薄之力。
我们相信产品是我们团队更好的证明。
对于未来的规划和bts生态长期发展中存在的一些问题也做了大量的讨论和分享,其中不乏包含一些需要模拟数据作为论证的内容,想在更成熟的时候分享出来一起讨论,我们不想贸然提出一些没有数据支持的方案和计划。
通过团队的不懈努力,今天我们正式发布了BTS++钱包的初版(ios),大家可以通过我们的网站http://btspp.io/进行企业版下载安装。App Store版和Android版,我们也会尽快推出。
我们也将在接下来的时间里面保持和用户之间更多的沟通来完善产品,同时在近期的规划上我们会尽快落实寻求BTS价值认可的资金方合作,推进下一步的商业规划和布局。希望得到大家的认可并投票给我们,感谢各位的关注和支持。
也感谢团队的成员,辛苦了!
见证人帐号:btspp-witness
感谢您宝贵的投票!
联系我们:
网站:http://btspp.io/
电报:https://t.me/btsplusplus
微信:bts-pp
« Last Edit: September 02, 2018, 01:14:20 am by btspp »
Email:contact@btsplusplus.com
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Offline gghi

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          感谢团队为BTS做的努力,已经投票支持了。希望喂价更加合理,锚定精度更高,这样智能货币的用途才能更广泛。

Offline sschiessl

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我没有看到路线图/促销计划。 你能发一个链接吗?

期待明天看到iOS原型。 当您想要将其放入应用商店时,您是否已经调查了限制?

Offline btspp

欢迎技术团队的加入,产品宣传图看着还不错,看看公测产品再投票。
感谢您的关注和支持,希望能在以后有更多的交流。产品ios版计划明天发布初版,期待您的参与。/Thank you for your attention and support, I hope to have more exchanges in the future. The product ios version plans to release the first edition tomorrow, looking forward to your participation.
Email:contact@btsplusplus.com
Website:http://btspp.io
Witness:btspp-witness

Offline Yao

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欢迎技术团队的加入,产品宣传图看着还不错,看看公测产品再投票。

Offline gghi

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    Recently, I have been studying the BTS problem, constantly looking through the forum posts, constantly thinking, thinking more and more clearly, gradually found that the BTS problem is not very big, in fact, it is very simple, but we lost ourselves.

Feeding price should answer how much BTS price is more reasonable, feeding price should actually be determined according to the demand of bitcny. The demand of bitcny determines the price of BTS, not the price of BTS determines the demand of BITCNY. If this relationship is straightened out, then the problem can be solved simply by determining the feeding price according to the market demand for bitcny.


In fact, the future market for bitcny is very big demand, so we just need to constantly adjust the BTS feeding according to demand. How to judge the demand for bitcny, the market will give us the answer, the drum charge rate, the exchange of bitcny trading prices can be referred to.

The problem is that the demand for bitcny is not effectively transmitted to the feed price. Our feed price only collects the price of the exchange. It is not that the exchange controls the feed price, but that we do not determine the reasonable feed price according to the demand of bitcny in time.



We just have to hold on to the market demand for smart money and let the market decide the price of BTS. Using the invisible hand, the charge rate, to dynamically adjust the feeding to improve anchoring accuracy, let 1 bitcny = 1 cny, and BTS succeeds.

最近一直在研究BTS的问题,不断翻看论坛的帖子,不断思考,思路越来越清晰,渐渐的发现BTS的问题不是很大,其实也很简单,只是我们迷失了自己。

      喂价应该回答BTS的价格是多少比较合理,喂价的高低实际上应该根据bitcny的需求确定。bitcny的需求决定了BTS的价格,而不是BTS 的价格决定BITCNY的需求。理顺了这个关系,那么问题就好办了,只要根据市场上bitcny的需求来确定喂价就行了。


       事实上,未来的市场对bitcny的需求很很大的,因此我们只要根据需求不断的调整BTS的喂价就行了。怎么判断bitcny的需求呢,市场会给我们答案,鼓鼓的充值费率,交易所里bitcny的交易价格都可以参考。
 
       目前的问题就是bitcny的需求没有有效的传递到喂价,我们的喂价仅仅采集了交易所的价格而已,不是交易所控制了喂价,而是我们没有根据bitcny的需求及时确定合理的喂价。
       


         我们只要紧紧抓住市场对智能货币的需求就可以了,做到让市场来决定BTS的价格。用充值费率这只无形的手来动态调整喂价促进锚定精度更加准确,让1bitcny=1cny,那么BTS就成功了。
 
Good thoughts here!

How do we derive a metric for 'demand' and how would that influence the price feed? You have a formula in mind?

       new   feed price = old  feed price*1.05*(1+M),  M=calculate the bitCNY premium in percent from BTS price difference between DEX and CEX, and the deposit fee in magicwallet. IF the deposit fee in magicwallet  3%,new   feed price = old  feed price*1.05*(1+0.03).

   IF the deposit fee in magicwallet  -3%,new   feed price = old  feed price*(1-0.03).

Offline btspp

Hello BTS++,

and welcome to the BitShares world. I saw that your homepage is not reachable btsplusplus.com. Is there content?

I read that you want to offer a mobile trading app. Will that be open source? Is there any specifications or documentations already online somewhere?

Best regards,
 Stefan
Thank you for your reply.
Our website is under development and is currently not available. There is currently no open source plan, and we will carefully evaluate it later. :)


Hello again,

and thank you for listening. I am looking forward to see your website and also your engagement here!

Please do keep in mind that any closed-source solution (some exceptions apply) is a for-profit solution and is not considered a contribution to the community (IMHO).
Such a closed-source solutions would have to be intensively audited by a trusted party, which does cost quite some money. Normally a open-source license is more
feasible then.

Best regards,
 Stefan
Thank you, our team will seriously consider your suggestion.

Hey there again,

I am wondering if you had time to discuss the matter. I am eager to see what your team is up to!

Best regards,
 Stefan

Thank you for your reply, our team just created a new telegraph group: https://t.me/btsplusplus, any questions about our products can be discussed inside. welcome.
Email:contact@btsplusplus.com
Website:http://btspp.io
Witness:btspp-witness

Offline sschiessl

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Hello BTS++,

and welcome to the BitShares world. I saw that your homepage is not reachable btsplusplus.com. Is there content?

I read that you want to offer a mobile trading app. Will that be open source? Is there any specifications or documentations already online somewhere?

Best regards,
 Stefan
Thank you for your reply.
Our website is under development and is currently not available. There is currently no open source plan, and we will carefully evaluate it later. :)


Hello again,

and thank you for listening. I am looking forward to see your website and also your engagement here!

Please do keep in mind that any closed-source solution (some exceptions apply) is a for-profit solution and is not considered a contribution to the community (IMHO).
Such a closed-source solutions would have to be intensively audited by a trusted party, which does cost quite some money. Normally a open-source license is more
feasible then.

Best regards,
 Stefan
Thank you, our team will seriously consider your suggestion.

Hey there again,

I am wondering if you had time to discuss the matter. I am eager to see what your team is up to!

Best regards,
 Stefan