Dear BitShares Community,
In our ongoing effort to refine credit operations on the BitShares DEX, we're addressing recent challenges and highlighting the current optimized collateral options.
Over the past two years, we've experimented with various collateral types to foster mutually beneficial credit arrangements. However, the last three quarters saw a higher-than-normal default rate. While this has been a concern, it has also provided valuable insights that have led to significant improvements in our collateral rotation strategies.
Current Credit Options:
Today, we offer two primary options for dollar-denominated credits:
BTS / BTWTY.EOS
XBTSX.WRAM / BTWTY.EOS
We believe these pairings present a highly favorable risk/reward ratio for both credit makers and takers in the current market conditions.
We're committed to continuously improving the BitShares DEX experience for all users. Your feedback and participation are invaluable in this process. Please share your thoughts and experiences with these credit options.
Thank you for your continued support.
Sincerely,
JohnR
BitShares Group
