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RE: CONVERSION ROLLBACK!

in LeoFinance2 years ago

Turns out this min(price_median) is just a temporary price to ensure more collateral is put in.

This. Obviously, there are consequences. While it cannot turn a winning trade to a losing one, it makes your trades smaller in a volatile environment which greatly reduces the power of parlaying (nesting) the conversions as extra HIVE gets locked up compared to calculations that expect median (so no $2 perpetuum mobile in practice).

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Yes it reduces the size faster ... when you keep converting HIVE to HBD and selling the HBD for HIVE