Liquidity Operations

2017–03–27

Daily move to equilibrium this week: 312 USD in BTC

No sales because of Poloniex issue.

2017–03–28

Daily move to equilibrium this week: 312 USD in BTC

Price of NSR reached 47 satoshi. Sold remaining NSR on account at 38–39 satoshi.

NSR sold: 655657.2699409
BTC acquired: 0.25422778

BTC = 1033 USD

1033 * 0.25422778 ≈ 263

BTC Esko → Cryptopia Esko

2017–03–29

Daily move to equilibrium this week: 312 USD in BTC

No sales because of Poloniex issue.

BTC Esko → Cryptopia woolly_sammoth

2017–03–30

Daily move to equilibrium this week: 312 USD in BTC

6 * 312 = 1,872
1,872 - 263 = 1,609

Move to equilibrium in BTC to catch up week: 1.55582
NSR sold: 8643444.44444444

BTC Poloniex Esko → Esko

1 Like

500BTC trade volume… BTC acquired: 0.25422778???

1 Like

The issue with Poloniex was they didn’t process deposits, so that was at least the best use of the remaining NSR on the account. In any case policy is not to sell more than the move to equilibrium, so more NSR on exchange wouldn’t have made much of a difference.

1 Like

2017–03–31

Daily move to equilibrium this week: 312 USD in BTC
Move to equilibrium in BTC: 0.28751
NSR sold: 1513210.52631578

BTC Poloniex Esko → Esko

2017–04–01

Daily move to equilibrium this week: 242 USD in BTC
Move to equilibrium in BTC: 0.21813
NSR sold: 908875

1 Like

2017–04–02

Daily move to equilibrium this week: 242 USD in BTC
Move to equilibrium in BTC: 0.22198
NSR sold: 965130.4347826

2017–04–03

Daily move to equilibrium this week: 242 USD in BTC
Move to equilibrium in BTC: 0.21316
NSR sold: 819846.15384615

2017–04–04

Daily move to equilibrium this week: 242 USD in BTC
Move to equilibrium in BTC: 0.21054
NSR sold: 726000

2017–04–05

Daily move to equilibrium this week: 242 USD in BTC
Move to equilibrium in BTC: 0.21338
NSR sold: 735793.10344827

BTC Poloniex Esko → Esko

1 Like

2017–04–06

Daily move to equilibrium this week: 242 USD in BTC
Move to equilibrium in BTC: 0.20302
NSR sold: 751925.92592592

1 Like

2017–04–07

Daily move to equilibrium this week: 242 USD in BTC
Move to equilibrium in BTC: 0.20356
NSR sold: 782923.07692307

BTC Poloniex Esko → Esko

1 Like

2017–04–08

Daily move to equilibrium this week: 183 USD in BTC
Move to equilibrium in BTC: 0.15405
NSR sold: 669782.60869565

NSR Phoenix → Esko
NSR Esko → Private Esko

I loaned 16,000,000 NSR to Nu because Phoenix had issues with sending and accidentally mint-locked the NuShares he holds. That’s what caused the recent huge spike in share days destroyed. No voting was set.

NSR Esko → Poloniex Esko

2017–04–09

Daily move to equilibrium this week: 183 USD in BTC
Move to equilibrium in BTC: 0.15406
NSR sold: 669826.08695652

2017–04–10

Daily move to equilibrium this week: 183 USD in BTC
Move to equilibrium in BTC: 0.15032
NSR sold: 715809.52380952

2017–04–11

Daily move to equilibrium this week: 183 USD in BTC
Move to equilibrium in BTC: 0.14955
NSR sold: 598200

2 Likes

This is the lowest daily NSR quantity sold since NSR sales began last July. If this much NSR were sold every day, there would be an annualized increase in the NuShare supply of just 8.75%, which is lower than many, if not most, crypto assets. This is just the latest confirmation of a trend toward lower NSR sales that has persisted for around 5 months.

2 Likes

2017–04–12

Daily move to equilibrium this week: 183 USD in BTC
Move to equilibrium in BTC: 0.15123
NSR sold: 630125