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RE: Draft BSIP: Backing a Market Pegged Asset with multiple assets as collateral
@cm-steem IMO the choice of new tokens for collateral should be in hands of committee members and for now they should be limited to bitCNY and bitUSD (because of low risk of Black Swan). So user could chose what to put as a collateral for borrowing MPA. I think that a large number of users would very much want to be able to secure the loan with tokens such as bitUSD or bitCNY insted of BTS, which has a very variable value.
So the only MPA backing should be the committee owned smartcoins? I believe that 'private' MPAs are more free to experiment and take risks and that might result in greater benefit to the BTS DEX than the committee owned smartcoins.