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New Baip #17

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thontron opened this issue Nov 16, 2019 · 1 comment
Open

New Baip #17

thontron opened this issue Nov 16, 2019 · 1 comment

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@thontron
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thontron commented Nov 16, 2019

I propose a derivative asset of bitCNY that has the added benefit of not permitting short force settlement. This will promote a more stable equilibrium for smart asset circulation.

A BitShares Prediction Market I created provides this: CNY2020.

Note, this in effect serves as a bond for bitCNY with no yield (now). Using typical smart asset parameters different financial products could be created.

This proposal seeks to achieve stability and accessibility for the BitShares blockchain. Thank you for your consideration.

@bangzi1001
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I propose a derivative asset of bitCNY that has the added benefit of not permitting short force settlement. This will promote a more stable equilibrium for smart asset circulation.
A BitShares Prediction Market I created provides this: CNY2020.

Since you created the PM asset yourself, you don't need to propose, is already done.

Note, this in effect serves as a bond for bitCNY with no yield (now). Using typical smart asset parameters different financial products could be created.

Sell for discount then investors have yield and you can earn from transaction fee.

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