I believe the blockchain forces the issuer to cover his position when the collateral gets too low.
The system also starts with the tokens that have the least collateral. So if you don't want to be the one to get called up to cover your position you can put in 10x the collateral if you want!
RE: The iron is HOT for BitShares. A look into BitUSD
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The iron is HOT for BitShares. A look into BitUSD