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RE: BitCNY Force settlement offset still at 5%?

in #bitshares6 years ago

im not really following you. 24hrs later force settle would be based on the feed price at that time, so isn't it kind of irrelevant comparing to % of bts at the time of force settlement initiation? also, I know who bitcrab is and have heard about what happened to his during the delist of bts on bittrex. to my knowledge, he leverages his bts for bitcny so he can buy more bts. both of those actions are good for our ecosystem, right? we want to protect those who put up their bts to get bitcny and those who reinvest those bitcny into bts. am I understanding this correctly or totally off in some regards?