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.
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.