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Added alternate resolution for dependent MPAs

oxarbitrage-patch-1
Peter Conrad 2016-11-13 17:18:37 +01:00
parent ba68bdbc35
commit 207a44bda1
1 changed files with 12 additions and 1 deletions
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bsip-0017.md
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@ -124,9 +124,20 @@ revival none of these exist.
However, calls may exist with SWAN as collateral. Suppose that DUCK is an asset
that is backed by SWAN. Calls on DUCK cannot be cancelled.
Resolution: Modify DUCK to be backed by BACK instead of SWAN. Modify all DUCK
Resolution 1: Modify DUCK to be backed by BACK instead of SWAN. Modify all DUCK
calls accordingly. Remove price feeds from DUCK.
Resolution 2: Force-settle DUCK. This will free up all SWAN used as collateral
for DUCK, i. e. the SWAN will be returned into account_balance objects and
resolved as described below.
Note that Resolution 2 is only available for MPAs, not for PMs, because PMs
don't have a price feed that can be used to determine the fair value of DUCK vs
SWAN in settlements.
Also note that Resolution 2 is recursive - if an asset SLUG exists that is
backed by SWAN, SLUG will have to be settled as well.
This solution requires further discussion.
### vesting_balance_object