CBTS
1CRUDE.BTS = 1BTS
The asset is backed by CRUDE.NGN as collateral and follows the price of Bitshares in Naira. As an inverse margin asset it can be used to hedge against the price volatility of Bitshares with Naira instead of traditional smartcoin margins that use Bitshares as Collateral.
***WARNING!!!!!! the asset is currently off peg****
| Supply | 1,036,509 CRUDE.BTS |
|---|---|
| Issued by | vnc7 |
| Feed Price | 850,340 CRUDE.NGN/CRUDE.BTS |
Details
| Internal ID | 1.3.5880 |
|---|---|
| Decimal points | 5 (0.00001) |
| Market fee | 0.1% |
| Max supply | 3,600,570,503 CRUDE.BTS |
| Permissions |
|---|
| Charge market fee White list Override authority Transfer restricted Disable force settle Global settle Disable confidential Witness fed asset Committee fed asset |
| Flags |
| Charge market fee |
Fee Pool
| Accumulated | 6,693 CRUDE.BTS |
|---|---|
| Pool Balance | 12.53 BTS |
| Exchange Rate | 1 BTS/CRUDE.BTS |
SmartCoin Settings
| Maintenance collateral ratio | 1750 |
|---|---|
| Maximum short squeeze ratio | 1500 |
| Feed lifetime | 3650d |
| Minimum feeds | 1 |
| Force settlement delay | 36h |
| Force settlement offset | 5% |
| Max force settle vol | 100% |
| Short backing asset | CRUDE.NGN |
| Account | Price | CRUDE.BTS | BTS | Total BTS |
|---|---|---|---|---|
| vnc7 | 0.0055 | 999 | 5.49 | 5.49 |
