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RE: Draft BSIP: Backing a Market Pegged Asset with multiple assets as collateral
The demand for BTS could decline, when you can collateralize with other coins. On the other side the platform could get more attention.
You should add the full name of MPA (Market Pegged Assets), to your post.
I disagree, because you can already create MPA using UIA & other MPA. Additionally, this isn't a proposal to change any existing MPA on the BTS DEX, rather a proposal to introduce new functionality which can be experimented with by new private MPA.
Indeed, if it was to rival USDT in supply then that would be massive for the BTS DEX. The more users who try MPA & observe the benefits of 2s tx times the better. Plus, these MPA would be paying BTS fees which would be beneficial for the reserve pool.
OK, now I understand and will support it.