Backbone Reserve Operations (Tier 6)


#15

No, but someone should be able to with the trading log. :+1:


#16

2016–07–15

25.74 + 13 + 8.78 = 47.52

4.752 BTC from @jooize to Poloniex @jooize.

4.752 BTC wall at 0.0013 for US‑NBT set.


#17

2016–07–16

25.74 + 13 + 0.02 + 4.03 = 42.79

4.03 BTC from @jooize to Poloniex @jooize.

4.279 - 4.03 = 0.249

0.249 BTC worth of NuShares sold into buy wall.

4.279 BTC wall at 0.00125 for US‑NBT set.


#18

2016–07–17

Remaining buy wall withdrawn and sell wall consumed.

25.74 + 13 + 0.02 = 38.76

NuShares sold into buy wall.

3.876 BTC wall at 0.00128 for US‑NBT set.


#20

2016–07–18

25.74 + 13 + 0.19 = 38.93

38.93 * 0.10 = 3.893

3.893 / 0.001285 = 3029.571984436

NuShares sold into buy wall.

Buy wall at 0.001285 for 3029 US‑NBT set.


#21

2016–07–19

25.74 + 13 + 0.02 = 38.76

38.76 * 0.10 = 3.876

3.876 / 0.001261 = 3073.750991277

NuShares sold into buy wall.

Buy wall at 0.001261 for 3073 US‑NBT set.


[Voting] 100 Million Nushares to FLOT-NSR to Replenish Reserve and Reduce Nu Liability
#22

2016–07–20

25.74 + 13 + 0.15 = 38.89

38.89 * 0.10 = 3.889

3.889 / 0.001261 = 3084.060269627

NuShares sold into buy wall.

Buy wall at 0.001261 for 3084 US‑NBT set.


#23

2016–07–21

10% of reserve: 3.884

NuShares sold into buy wall.

BTC from Poloniex @jooize to Poloniex Gateway @jooize.

Poloniex Gateway @jooize buy wall at $0.85 (spread 30%).


#24

2016–07–22

10% of reserve: 3.886

NuShares sold into buy wall.

BTC from Poloniex @jooize to Poloniex Gateway @jooize.

Poloniex Gateway @jooize buy wall at $0.85 (spread 30%).


#25

2016–07–23

10% of reserve: 3.882

NuShares sold into buy wall.

BTC from Poloniex @jooize to Poloniex Gateway @jooize.

Poloniex Gateway @jooize buy wall at $0.85 (spread 30%).


#26

2016–07–24

10% of reserve: 3.888

BTC @jooize → BTC @jooize Mobile

BTC @jooize Mobile → Poloniex Gateway @jooize

Poloniex Gateway @jooize buy wall at $0.85 (spread 30%).


#27

2016–07–25

Approach changed. Now pushing 2000 US‑NBT in BTC at current target peg price to the buy wall every day.

# 2000 US‑NBT * peg in BTC = BTC to gateway

2000 * 0.001282 = 2.564

Poloniex Gateway @jooize target peg at $0.85 (spread 30%).

BTC @jooize → Poloniex Gateway @jooize


#28

2016–07–26

# 2000 US‑NBT * peg in BTC = BTC to gateway

2000 * 0.0012995 = 2.599

Poloniex Gateway @jooize target peg at $0.85 (spread 30%).

BTC @jooize → Poloniex Gateway @jooize


#29

2016–07–27

# 2000 US‑NBT * peg in BTC = BTC to gateway

2000 * 0.0012992 = 2.5984

Poloniex Gateway @jooize target peg at $0.85 (spread 30%).

BTC @jooize → Poloniex Gateway @jooize

NuBot launches in about two hours.


#30

2016–07–27 Burn

23055.4076 US‑NBT have been bought at Poloniex @jooize and burned. Poloniex Gateway @jooize not included.

TxID: a36693c0593b5d7ed882c6eb39ec553e3c9571d07a1b1a7d688ddfe3281d3f0a


#31

2016–07–28

# 2000 US‑NBT * peg in BTC = BTC to gateway

2000 * 0.0012962 = 2.5924

Poloniex Gateway @jooize target peg at $0.85 (spread 30%).

2.5924 - 0.14 - 1.55 = 0.9024

NuShares sold into buy wall.

1.05 + 1.55 = 2.6

1.5498 BTC @jooize → Poloniex Gateway @jooize
1.0426 BTC Poloniex @jooize → Poloniex Gateway @jooize

NuBot launches at 00:00 UTC.


#32

Is this instance of NuBot going to place a sell order below $1 if NBT are sold into it or will they be burned? Perhaps I missed the discussion about this. Because if I was a NBT holder from $1.00, I would be pretty irked to know that shareholders were responsible for sell orders of NBT below $1. Hopefuly I am just misunderstanding and spread 30% means the sell order will be placed around $1.10 or something.


#33

Spread 30% means it buys at $0.85 and sells at $1.15. This is an offset of 15% on both sides.

All US‑NBT acquired are burned in current operations, as recently done.


#34

2016–07–29

# 2000 US‑NBT * peg in BTC = BTC to gateway

2000 * 0.00129821 = 2.59642

NuShares sold into buy wall.

BTC Poloniex @jooize → Poloniex Gateway @jooize


#35

2016–07–30

# 2000 US‑NBT * peg in BTC = BTC to gateway

2000 * 0.00129052 = 2.58104

NuShares sold into buy wall.

BTC Poloniex @jooize → Poloniex Gateway @jooize