Author Topic: ANN: HONEST Market Pegged Assets  (Read 1750 times)

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Offline litepresence

Re: ANN: HONEST Market Pegged Assets
« Reply #15 on: February 15, 2020, 08:56:00 pm »
All five HONEST MPA's have had "permissions" updated; H.XAG, H.XAU, H.BTC, H.USD are all now setup like H.CNY, meaning:

NO OWNER PERMISSIONS EXCEPT "MARKET FEE"

Apologies for the delay, we were discussing each of these internally; once you give them up they're gone forever.

Offline bench

Re: ANN: HONEST Market Pegged Assets
« Reply #16 on: February 16, 2020, 12:03:15 am »
All five HONEST MPA's have had "permissions" updated; H.XAG, H.XAU, H.BTC, H.USD are all now setup like H.CNY, meaning:

NO OWNER PERMISSIONS EXCEPT "MARKET FEE"

Apologies for the delay, we were discussing each of these internally; once you give them up they're gone forever.

Yeah, this makes the HONEST.Assets even a bit more honest.
Be part of the change and vote for the bitshares-vision proxy!

Offline litepresence

Re: ANN: HONEST Market Pegged Assets
« Reply #17 on: March 14, 2020, 03:46:57 pm »
Binance CEX
BTC:USDT
https://cryptowat.ch/markets/binance/btc/usdt/4h


BitShares DEX
HONEST.BTC:HONEST.USD MPA
https://staging.bitshares.org/#/market/HONEST.BTC_HONEST.USD


BitShares DEX
bitBTC:bitUSD
https://staging.bitshares.org/#/market/BTC_USD


all charts are 4h candles FEB 1st to present

Why are HONEST mpa markets holding such a tight peg
and committee controlled bitassets failing so miserably?


bitUSD plutocracy
Code: [Select]
Maximum short squeeze ratio         1010     means force settle 1% under market rate
Force settlement delay              24h      with full day of delay before settlement
Force settlement offset             1%       means adjust MSSR back to 0%
Max force settle vol                0.5%     means very little gets force settled per 24h period

HONEST.USD noocracy
Code: [Select]
Maximum short squeeze ratio         1250     force settlement occurs 20% below market rate
Force settlement delay              4h       within 4 hours
Force settlement offset             0%       no adjustments
Max force settle vol                100%     within 4 hours all bad debt is settled or on the books

« Last Edit: March 14, 2020, 04:20:51 pm by litepresence »

Offline binggo

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Re: ANN: HONEST Market Pegged Assets
« Reply #18 on: March 14, 2020, 07:33:13 pm »
“以管窥天,以蠡测海,以莛撞钟,岂能通其条贯,考其文理,发其音声哉。"

You are too young, too native.
« Last Edit: March 14, 2020, 07:35:58 pm by binggo »

Offline binggo

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Re: ANN: HONEST Market Pegged Assets
« Reply #19 on: March 23, 2020, 01:38:10 am »
@litepresence

Why you not to make a proposal for bitUSD and unlock the feed price of bitUSD?I think this proposal will get lots of voting.

or chose a team from committees and wittness to manage bitUSD who you or the holder of bitUSD think is suitable, what do yo think? :)

Offline R

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Re: ANN: HONEST Market Pegged Assets
« Reply #20 on: March 28, 2020, 01:21:23 pm »
@litepresence

Why you not to make a proposal for bitUSD and unlock the feed price of bitUSD?I think this proposal will get lots of voting.

or chose a team from committees and wittness to manage bitUSD who you or the holder of bitUSD think is suitable, what do yo think? :)
Honest assets were created in response to bitassets becoming fully fraudulent. You're delusional if you think anyone's going to spend any time on repeatedly proven scam coins.