Main > Stakeholder Proposals
[Committee Proposal] Set force_settlement_offset of bitCNY from 2 % to 5%
litepresence:
--- Quote from: bitcrab on February 27, 2020, 05:10:26 pm ---This proposal is ridiculous.
--- End quote ---
YES. OMG we agree on something bitasset related! Mark the day on the calendar! Festival next year!
...but I'm not sure which is more ridiculous:
increasing from ridiculous 2 to ridiculous 5
or
having the ridiculous notion of "force settlement offset" at all
???
*perplexed*
binggo:
--- Quote from: abit on February 27, 2020, 06:55:22 pm ---IMO in order to update a parameter of a bitasset, a BAIP is needed.
--- End quote ---
BAIP5: Set force_settlement_offset of bitCNY from 2 % to 5%
https://github.com/bitshares/baips/issues/22
binggo:
--- Quote from: bitcrab on February 27, 2020, 05:10:26 pm ---This proposal is ridiculous.
every trader is clear that force settlement is the power to keep BTS/bitCNY price close to force settlement price, increasing force settlement offset will definitely lead to higher bitCNY discount. and will give no help to the market.
after implementation of BAIP2, force settlement is playing an important role in BTS liquidation offering. and it create a lot of trading chance for both bitCNY holders and debt position owners.
to avoid making things worse, I hope every committee member follow his own logic and judgment, not to support this proposal.
--- End quote ---
plan to raise the bitCNY force settlement offset to 5%
https://bitsharestalk.org/index.php?topic=25293.msg312379#msg312379
suggest to disable forcesettlement for bitCNY
https://bitsharestalk.org/index.php?topic=27362.msg323693#msg323693
[Committee Proposal] set force_settlement_offset of bitCNY to 1%
https://bitsharestalk.org/index.php?topic=28619.msg332397;topicseen#msg332397
I have got your volatile logic, thanks.
I think you would still keep your volatile logic with the discount of bitasset.
You seems didn't understand how the water flows.
Best regard.
binggo:
--- Quote from: bench on February 27, 2020, 02:56:55 pm ---Just accept the fact, people are not interested to hold a broken mpa.
You could also use your BTS to provide a real mpa, like HONEST.Assets.
--- End quote ---
The broken MPA still have the largest user-base and the maximum trad volume in BTS DEX，so this is the fact.
"I don't like your MPA, so i will creat new one HONEST.Assets, peopel will like it as it is HONEST."
So, this is the biggest problem of BTS for so long，"i don't like it, so i will creat new one : HONEST.Assets, HONEST2.Assets, HONEST3.Assets, HONEST4.Assets, TCNY....."
I don' t think the design of bitasset is successful, we have lost many bitassets in this design, no one want to solve the essential problems，just want to creat new one and think it will be better or just wait for something happend and see what is happening.
So you may know what i say.
abit:
IMO in order to update a parameter of a bitasset, a BAIP is needed.
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