Liquidity is a big problem with smartcoins, I think that the 200% collateral is a big part of the problem, maybe bitshares should copy the SBD model?.. I think SBD is very liquid right now and the peg is being strong trough January.
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If you use bitshares.org/wallet is only 175% collateral.
The SBD method of pegged coins leaves the debt with the blockchain not traders which has issues of its own.