Currently it takes 2x collateral to hold a trade(to provide for these margins)
I must be missing something.
this means out right it's advantageous to forfeit the collateral and manually submit the transactions to steal the Hive you've put up for trade.
If I set up a fat finger catcher I can get my hive stolen?
If I set only a 20% margin am I only marginally protected from bad actors?
Several trading pairs have daily volume approaching total supply, the liquidity squeeze would be felt elsewhere.
I'm just trying to buy some dlux at an advantageous price, but you tell me I could lose my hive to bad actors?
Is there a more in depth explanation of what is happening there?
The network would see that the operators of the DAO have taken your Hive and you would get the DLUX you wanted to purchase. The user's funds are always safe, however... the network itself won't survive such vulnerability.
The proposal I have in the DHF... number 152 is to build a multi-signature account that would collectively control the account where Hive/HBD is sent for these trades. This way it would take a plurality of network actors to get at the Hive/HBD balance... Much safer, and the collateral limits would be far less restrictive.
While "partial fill" is the main selling point this is the more nuanced game theory of such a DAO that is hard to explain at best.
I'd sure as hell rather see you get paid more than hivebuzz, I don't need no stincing pointless badges.
So, I should settle for a 20% margin for now?
What does delegating pay?
With the current pool 1K is ~5 DLUX per day.
@dlux-io is where to
senddelegate it?@dlux-io
It will show up automatically in my dlux.io wallet?
There is a ~daily post from @dlux-io, you'll get a tag there with the payout information.