BSIP 87: Force Settlement Fee Ratio #263
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The commit history is a bit messy.. @bitcrab could you please remove the unnecessary changes about BSIP81? If you don't know how to rebase/squash/force push, perhaps create a new pull request. Thanks. |
| This BSIP provide a solution to charge fee from force settlement. | ||
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| # Motivation | ||
| Force settlement is an important part in smartcoin design, it provides the power to smartcoin owner to ask for collaterals with reference to feed price, and then guarantees the peg of smartcoin. |
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"smartcoin owner" is used several times in the document, but meaning different group of people. I think it should be "smartcoin holders" here.
| Add one new parameter Force Settlement Fee Ratio(FSFR) for each smartcoin, which is controlled by the smartcoin owner. | ||
| `Force settlement order price = settlement price*(1+FSO)/(1-FSFR)` | ||
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| Here settlement price is a new introduced parameter which is defined in BSIP71, settlement price = feed price when there is no bad debt. |
sschiessl-bcp
changed the title
As an admin of the bsip repository you can commit to the branch of incoming PR's if the requester did not deactivate it specifically. |
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a new PR #265 is created to replace this one, please check. |
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