RE: Bitshares Reserve Bank’s Drainage Plan

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Bitshares Reserve Bank’s Drainage Plan

in bitshares •  9 years ago  (edited)
  1. who would manage this transactions?
  2. provided that the plan works as expected (BTS price increased significantly), what would happen with bitCNY debt? Would Bitshares have this liability forever?
  3. using whole reserve seems to be too risky, what is the practical minimum of BTS that we would have to use?
  4. what group of people do you expect to buy created bitCNY
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  ·  9 years ago (edited)
  1. bitshares council
  2. yes
  3. more BTS,higher collateral ratio, less risk
  4. more value of BTS, more bitCNY, more people.