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RE: HBD Partial Insurance with BTC - Proposal to Print 1M USD of Hive

in LeoFinance3 years ago

t is obviously a critical component of everything that is being discussed here, and currently gives no leeway to shorter conversion times for the simple argument that some witnesses update too infrequently.

I feel like the price feed has not been discussed enough around here neither the rules around it. As it is now it is completely arbitrary. Any witness can set whatever price he wants at whatever timeframe. I feel like at least there should be some timeframe defined for witnesses to follow.