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@ -38,7 +38,7 @@ their positions to obtain BTS for their long position. Some dust will
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remain scattered all over the place, where the value of the dust
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position is lower than the fees required to get rid of it.
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# Rational
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# Rationale
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When a market-pegged assets undergoes a global settlement, one of the crucial
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mechanisms that support the peg (namely "margin calls") is no longer available.
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@ -63,7 +63,7 @@ All that is needed for the asset to be *revived* is:
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Since after a global settlement, the collateral for the outstanding long
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positions are stored in the settlement pool, we here propose to **obtain
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the funds in the settlement pool and it's outstanding debt from the
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the funds in the settlement pool and its outstanding debt from the
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network**. Since the collateral ratio of the settlement pool after a
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global settlement is 100%, obtaining the settlement funds in order to
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convert it into an open call position **requires to also provide
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