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RE: BitShares Global Settlement and Chain Freeze

in #bitshares6 years ago

Yeah, all positions got closed and now there's $7.5M worth of debt controlled by the system and locked at the $0.0511 conversion rate. If the value of BTS goes back up, it may turn on again, but for now there's no way to create more bitUSD.

At least the blockchain is back up and running again.