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Update mip-4.md
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codrush committed Apr 10, 2018
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Expand Up @@ -27,9 +27,9 @@ By default, the first issuer will have the issuance right and is only owned by h
At the time of first issuance, the issuer could specify the minimum issuance threshold percentage for asset holdings.

The definable range of the threshold:
-1   No threshold requirement. That is, if one gets the issuance right, he can conduct additional issuance without limitation of times.
0   Never be able to conduct additional issuance. Even if one has the issuance right, he cannot use it.
1~100 Asset holdings accounting for the percentage of issued shares. The amount of asset holdings for the account with issuance rights must exceed the threshold percentage.
- -1   No threshold requirement. That is, if one gets the issuance right, he can conduct additional issuance without limitation of times.
- 0   Never be able to conduct additional issuance. Even if one has the issuance right, he cannot use it.
- 1~100 Asset holdings accounting for the percentage of issued shares. The amount of asset holdings for the account with issuance rights must exceed the threshold percentage.


Each asset has only one issuance right which can be transferred separately and the asset holdings will not be affected. After the transfer, the original issuer no longer has the right of secondary issuance, while the receiving account gets it. 
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