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A supplementary mechanism to prevent malicious short selling (防止恶意做空的喂价补充机制) #289

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bitsharesHolder opened this issue Jan 25, 2021 · 1 comment

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@bitsharesHolder
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When the price of avalanche is lower than the feeding price, the account that failed to repay the debt will automatically start to sell to repay the debt. When the price further drops below% 5 of the bursting price, the account will enter into the punishment mechanism, and the account will be locked and stopped clearing. At this time, no matter the price rises to less than 5% or the account pays the debt itself, 10% of the punishment fee will be charged As the time increases, the penalty fee will be further charged at an increasing rate of 1% every day. Until all the debt positions of the account are converted into repayment and punishment expenses, the mortgage position of the account is cleared and automatically transferred into the repayment and punishment account of the system according to the repayment and punishment proportion. The repayment account will sell the part that is classified as repayment at the price of less than 5% of the burst price. The balance of the punishment account will become the salary of the developer and the capital of the verification node and the public node In this way, unreasonable charges such as transfers and sales can be eliminated. Set up 21 reward quota for the longest time stable light wallet public node, and do not reward the excess part, so as to consolidate the network stability of the internal market, and avoid the node to pull out the network cable when there is a big market. The advantages of doing so are: 1. Solving the problem of increasing the number of yellow slips and black swans during the avalanche, cracking down on malicious short selling, and becoming a long-term mechanism for building the bottom price; 2. Removing unreasonable charges, while punishing irresponsible mortgage, increasing the income of reasonable expenditure accounts of the internal system; 3. Stabilizing the internal network, so that people are more willing to operate in the internal market. Explanation: this mechanism and the price feeding mechanism can form a good closed-loop linkage mechanism. When the price rises, it can obtain excess reward through mortgage, and when the price falls, it will force to repay the mortgage debt as soon as possible. Even if it enters the disciplinary state, it can avoid the loss caused by one-time sale of the mortgage, obtain the buffer time, and avoid the impact on others.

当遭遇血崩价格低于喂价时,没有偿还债务导致爆仓的账户将会自动开始卖出偿还债务,当价格进一步下降低于爆仓价%5时账户会进入惩罚机制,账户将被锁死并停止出清,此时无论价格上涨至5%以内还是账户自己偿还债仓都要收取10%的惩戒费用,随着进入惩戒机制的时间增长,每天将按照1%的递增进一步收取惩戒费用。直到将账户的所有债仓全部转化为偿还和惩戒费用,此时账户的抵押债仓清零并自动按照偿还和惩戒比例转入系统的偿还和惩戒账户,偿还账户将会把划归偿还的部分以爆仓价低于5%的价格挂单出售,惩戒账户的余额将会成为开发者工资和验证节点、公用节点的资金来源,这样就可以取消掉转账和卖出等不合理收费。设立21个最长时间稳定轻钱包公共节点奖励名额,超出的部分不奖励,从而巩固内盘的网络稳定,避免出现大行情时节点作恶拔网线。这样做的好处有:1.解决了雪崩时黄单增多连环血崩和黑天鹅的问题,打击恶意做空行为,成为筑底价格的长效机制;2.去除了不合理的资费,在惩戒不负责抵押的同时,增加了内盘系统合理支出账户的收入;3.稳定了内盘网络,让人们更加愿意在内盘操作。说明:这个机制和喂价机制配合可以形成一个很好的闭环联动机制,价格上涨时可以通过抵押获取超额奖励,价格下降时会逼迫尽快偿还抵押债务,即使进入惩戒状态也可以避免一次性卖出抵押部分造成损失,获取了缓冲时间,同时避免了对别人的影响。

@abitmore abitmore transferred this issue from bitshares/bitshares-core Jan 25, 2021
@bitsharesHolder
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It is recommended to test various extreme cases(建议测试各种极端情况)

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