For the same reasoning, BitUSD has already perfect structure and ownership which presents him as native asset of the blockchain, where any other created MPA afterwards isn't.
Nevermind, solution then is that actually after BTC Halving we remove BSIP76 once BTS goes over 5c. Hopefully it will happen and will pray for it.
The structure of bitasset is not perfect, but let's don't talk it too much, the one who understand it will know the means of the picture which i gave.
As no one can forecast the market, wait for something is too dangerous especially we build a levee(BSIP76) to stop the water so long time.
The main problem of bitusd is too many debtors come from CN-vote, they have too many debts in bitusd, now you want them to go away, i don't think this will get the enough vote.
Want to remove the levee, must lower the water first, now the water control the levee, what we can do first?
Too many erroneous mindsets in BTS community, that make us hard move forward,
Ok, let's focus the topic:
If the feed price need a delay or protection? the answer is yes, every futures contract have the protection in feed price, but none of them delay 48 hours, i had gave a article about that, one hour is the limit, the feed price should follow the real price(ok, there still have a big problem for the real price) in most of the time, and must recover normal in one hours in some extreme cases.
BSIP2 and BSIP76 failed on these.
I'm tired to explain the feed price, the margin call, the force settlement, the defect in BSIP74 and BSIP62, the meaningless of bsip87, the use of BSIP77, the lending, everyone didn't want be babysat.
The contact time of BTS is only few years for me, maybe they know more much than me, let the time tell.
Ok, back to the point:
Want to remove the levee, must lower the water first, now the water control the levee, what we can do first?
