Quote from: noggin-scratcher on November 24, 2014, 01:09:45 PM

Quote from: Timetwister on November 24, 2014, 12:35:12 PM

So now people keep undercutting the FRR and there's no way to lend at FRR. It would be nice to be able to autorenew with a market order or something like that. I don't really want to be monitoring my account all the time to make sure that all the USD are lent.

[...]

Maybe, the new thing is having to wait many hours to lend my USD at the FRR. I'd like to have an option for automatically renewing at FRR-0.0001% (or whatever I choose).

If you had that option, everyone else would have that option, and then not only would manual fixed-rate swaps be undercutting you, but automatic "FRR minus 0.0002%" (or 0.0001% less than whatever you set it to) swaps would be too. Hell, even if no-one were 'under-cutting' you, you'd still be waiting for $3M worth of swaps to be taken before your spot in the FRR queue came to the front.

Your choices are simple: actively manage your account to ensure your money is taken, or let your funds idle on auto-mode until there's enough demand to take it along with every dollar offered under it.

Others are already undercutting the FRR, I don't know if manually or using a bot. With that option, I'd be able to also automatically undercut them. It would also be better for people taking loans, as there would be more competition for lending.