HONEST.XRP - RIPPLE MPA
HONEST.XRP
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RIPPLE (XRP) Independent Payment Network
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PRIVATE MARKET PEGGED ASSET
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A proprietary derivative tracking the HONEST market value of one Ripple 1:1. Backed by BTS collateral held on the blockchain, in a smart contract. We aim to provide HONEST, accurate, transparent, and timely median price feeds derived from data reported by reputable global institutions. Short squeeze is minimally restricted to ensure the burden of malinvestment falls on the under collateralized party rather than all market participants.
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Learn more at: bitsharestalk.org/index.php?topic=32035
| Supply | 8.54 HONEST.XRP |
|---|---|
| Issued by | honest-quorum |
| Feed Price | 54.6 BTS/HONEST.XRP |
Details
| Internal ID | 1.3.5660 |
|---|---|
| Decimal points | 6 (0.000001) |
| Market fee | 0.1% |
| Max supply | 1,000,000,000 HONEST.XRP |
| Permissions |
|---|
| Charge market fee |
| Flags |
| Charge market fee |
Fee Pool
| Accumulated | 1.724 HONEST.XRP |
|---|---|
| Pool Balance | 0 BTS |
| Exchange Rate | 36.4 BTS/HONEST.XRP |
SmartCoin Settings
| Maintenance collateral ratio | 1500 |
|---|---|
| Maximum short squeeze ratio | 1130 |
| Feed lifetime | 4h |
| Minimum feeds | 1 |
| Force settlement delay | 4h |
| Force settlement offset | 1.5% |
| Max force settle vol | 0.5% |
| Short backing asset | BTS |
| Account | Price | HONEST.XRP | BTS | Total BTS |
|---|---|---|---|---|
| x3001 | 0.0011 | 90,909 | 100 | 100 |
| decentraliz3-airdrops102 | 0.0005 | 10,000 | 5 | 105 |
| dxfloo12 | 0.0000000001 | 100,000,000 | 0.01 | 105 |
| Account | Price | HONEST.XRP | BTS | Total BTS |
|---|---|---|---|---|
| dxfloo12 | 10,000,000,000 | 0.001 | 10,000,000 | 10,000,000 |
| Account | Date | Price | CER | MCR | SQP |
|---|---|---|---|---|---|
Current feed |
54.6 BTS/HONEST.XRP | 36.4 | 1500 | 1130 | |
