The 5% margin call fee is gone in dvs/0.9.0 ?

[abitmore]

• BM said the 5% fee will be eliminated in this post https://bitsharestalk.org/index.php/topic,13782.0/all.html, because an operation will be implemented to cover the short with collateral and bypass the fee.
• The operation is implemented in this commit 211c5e1, and named update_call_price. At the same commit the 5% fee is gone.
• The update_call_price operation is renamed to update_cover in this commit c48646f.
• The update_cover operation is removed in this commit: 445e22d

So the only result is, the 5% fee gone. Is it expected?

[vikramrajkumar]

@abitmore Good catch and good work tracing the commit history.

Given BM's explanation in the linked thread and in particular this segment:

In reality the 5% fee merely served to create a variable amount of additional collateral depending upon the risk tolerance of each individual shorter. Considering we are raising the min collateral requirement from 1.5 to 2x the added benefit of the 5% fee is insignificant. The fear of a short squeeze and being forced to buy at up to 10% above the feed if there are not enough orders at the feed means there is still plenty of incentive to avoid forced buying.

And in the interest of simplicity and avoiding the additional development and testing that would be required for further changes, we will leave things as they are with the 5% fee now removed.

[xeroc]

Has this made it's way into bts/0.9.0 tag?

[abitmore]

Sure.

[xeroc]

If so it was not properly communicated in the forums IMHO