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bitshares / bsips

BitShares Improvement Proposals and Protocols. These technical documents describe the process of updating and improving the BitShares blockchain and technical ecosystem.
https://bitshares.github.io
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Onchain margin position management #167

Closed froooze closed 4 years ago

froooze commented 5 years ago

Problem

  1. Settlement is now only available from bitAsset -> BTS, but not from BTS -> bitAsset
  2. Target collateral ratio only works, when a margin call happens, but not before
  3. Increasing CR, needs a collateral removal first (decreasing CR)

Onchain margin tools

To cover the other side of margin trading and offer a BTS call outside of a margin call:

Additional parameters:

abitmore commented 5 years ago

Context: earlier discussion in https://github.com/bitshares/bitshares-ui/issues/2660

sschiessl-bcp commented 5 years ago

Problem

  1. Settlement is now only available from bitAsset -> BTS, but not from BTS -> bitAsset
  2. Target collateral ratio only works, when a margin call happens, but not before
  3. Increasing CR, needs a collateral removal first (decreasing CR)

Onchain margin tools

To cover the other side of margin trading and offer a BTS call outside of a margin call:

  • Increase CR (=target collateral ratio)
  • Close the margin position by selling as much BTS to cover the difference of BALANCE and DEBT
  • Close margin and sell afterwards X% of the BTS from the margin position to the borrowed bitAsset

Additional parameters:

  • Start date
  • MSSR

Can you please elaborate a bit more on 1.-3. and what your desired functionality is?

abitmore commented 5 years ago

As mentioned it's related to #156. Likely also related to #161. I'd like to have a big BSIP adding all the new parameters for bitAssets so asset creator can decide to apply what rule set.

bitcrab commented 5 years ago

why we need BTS -> bitAsset settlement? and how is it possible?