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RE: BSIP-020 Draft - "Introducing profit-sharing/dividends to Bitshares (UIA only)" - Input would be massively appreciated!

in #bitshares7 years ago

without it how would we prevent users from buying immediately before the scheduled dividend then selling immediately after?

I wouldn't even try to prevent that. Happens all the time in traditional stock markets. A well-functioning market will take the sharedrop into account during price discovery.

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It'd be great to offer the option though, since we want long term asset holders (at least for MPA) and we want to discourage 'yield-harvesting' that similarly troubled 'socialized-yield'.