guys, I went through all things here but still do not understand - I have some amount of frozen coins, and only about 1% of liquid coins. When my coins are unfrozen? I do not think it is fair that my coins are frozen against my will. Taking into account that they are on a wallet since 2017 or 2016.
@donarito - Where have you been the last 3 or 4 years? lol
BAYS Homepage 2nd Paragraph - "BitBays Dynamic Peg is purely decentralized, allowing every participant to vote on which direction the price may go."
-We have voted to decrease the amount of "supply" to protect our price.
Also
BAYS Homepage 3rd Paragraph - "Every user has two balances of $BAY, liquid and reserve. During a price crash, stakers can collectively vote to freeze a portion of the
entire liquid supply. This decreases the supply of
everyones remaining liquid coins."
-Right now, the supply is about 0.5%. So the Peg is working just as intended - to protect our value.
Therefore, your coins will be unfrozen (like the rest of us), when we vote to increase the supply.
Your coins are not frozen against your will; as much as they ARE frozen as a result of everyone
else's will.
This is the beauty of our Dynamic Peg.
PRICE PROTECTION against pumps and crashes. Cheers!