Current Liquidity

total_buy":70436.5642,“total_sell”:85742.729, looks fine but at t1 level it looks like buy side is thin, Total (Percent) 72.09% sell 27.91% buy, especialy Polo: Poloniex BTC/NBT 18058.0679 buy 5693.3398 sell. I cannot see any decent buy orders (of nbt) among the book order.

But fortunately we have the dual side bots run by@masterOfDisaster.

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…the unwanted dual side bots:


From https://alix.coinerella.com/charts/?select=48_hours_nupool_poloniex#

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Despite the 3 feed providers all mentioning your motion…

By the way, my understanding is that the liquidity broadcast by the dual side bots is at T2 level because if it was mentioned in the order book it would be broadcast as T1.
However the bots are running so they might be putting orders in the order book!.
Could you clarify for shareholders like me?

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It’s broadcast as T1 and T2, getliquiditydetails shows that.
The output I posted above shows the totals (T1+T2) to keep an eye on the NuBot total funds.

Remark: even T1 orders of the NuBots are with offset 1% often outside the window ALix reports.

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So at least it is included in https://raw.coinerella.com/?liquidity .
Also, that means some of the orders put by nubot (at least in your case) are still not broadcast as T1 because you chose to broadcast some of it as T2 according to my interpretation of [this] .(Current Liquidity).

Which unfortunately is useless for evaluating the liquidity situation on Poloniex.

Current NuBot configuration puts several orders on the book (if sufficient funds are on the account).
Parametric order book could be enabled again. Settings are

  "bookSellType": "exp",
  "bookSellSteepness": "high",
  "bookBuyType": "exp",
  "bookBuySteepness": "high"

Resulting former buy side gateway orders:

  • $1,000 at 0.009 (0.9% offset each side)
  • $3,000 split in orders according to parametric order book with a next increment of 0.002 at
    • 0.011
    • etc.

Resulting former sell side gateway orders:

  • $1,500 at 0.01 (1% offset each side)
  • $4,500 split in orders according to parametric order book with an increment of 0.002 at
  • 0.012
  • etc.
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Any idea what to do?

:arrow_down:

3 Likes

@henry if FLOT balances the Tube, will that trickle down to polo?

@woolly_sammoth what is the eta on getting at least fixed cost on poloniex?

Coinerella T1 74.9% sell 25.1% buy

@assistant liquidity

###Broadcast liquidity information (total)

$ nud getliquidityinfo B | head -n 18
{
    "total" : {
        "buy" : 70388.7339,
        "sell" : 88102.7747
    },
    "tier" : {
        "1" : {
            "buy" : 16900.9439,
            "sell" : 42228.9037
        },
        "2" : {
            "buy" : 26925.19,
            "sell" : 10008.871
        },
        "3" : {
            "buy" : 26561.1,
            "sell" : 35865.0
        }

Poloniex ALP liquidity (low spread, T1.1)

Poloniex NuBot liquidity (increased spread, T1.2, T2)

Sat Jan 23 08:07:49 UTC 2016
status of (former) sell side gateway:
nud getliquidityinfo B | grep BETwD8nSjtj9ADSvej2na34xmsMYwPRymv -A 2
        "BETwD8nSjtj9ADSvej2na34xmsMYwPRymv" : {
            "buy" : 14563.1,
            "sell" : 3603.8263
status of (former) buy side gateway:
nud getliquidityinfo B | grep BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP -A 2
        "BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP" : {
            "buy" : 13423.95,
            "sell" : 6719.3857

#
### current NuBot sessions
#
 nud getliquiditydetails  B | grep 0.3.2a_1453491303393_0e4e1e -A 2
        "1:NBTBTC:poloniex:0.3.2a_1453491303393_0e4e1e" : {
            "buy" : 1500.0,
            "sell" : 1500.0
--
        "2:NBTBTC:poloniex:0.3.2a_1453491303393_0e4e1e" : {
            "buy" : 13063.1,
            "sell" : 2103.8263


----------
nud getliquiditydetails  B | grep 0.3.2a_1453495247464_e50175 -A 2
        "1:NBTBTC:poloniex:0.3.2a_1453495247464_e50175" : {
            "buy" : 1000.0,
            "sell" : 1000.0
--
        "2:NBTBTC:poloniex:0.3.2a_1453495247464_e50175" : {
            "buy" : 12423.94,
            "sell" : 5717.2955

2 Likes

NuLagoon is broadcasting 33k buy 52k sell. Perhaps FLOT can buy 9000 NBT from it, remembering that the spread is going to be refunded eventually.

It would be great if NuLagoon (MLP!), would start to manage some liquidity related tasks like supporting T1 on Poloniex. They get paid for it. I don’t. Sorry - no resilience left.

4 Likes

you should! :wink:

edit: i tried to put some buy wall in 1% spread in my ALP bot. But it was gone in seconds.
The only wall right now is MoD’s gateway which has a much higher spread not even shown in ALIX.
ALPs cannot help in Polo this time :frowning:

2 Likes

That makes my NuBots the sole defender of the peg :frowning:
…no gateway any longer - dual side!

2 Likes

Yeah, liquidity tends to be gone in a split second when there’s a sudden dip, which I figure is a bot nibbling on arbitrage opportunities.

In a more ideal world we should let Poloniex walls have high spread and let the traders trade with each other in between, but I don’t like the fact that BTC volatility is translated into NBT volatility on CMC in times like that.

If that can be avoided then it will definitely be good to have high spreads. We’ll need to expand fiat pools, and shift NBT/BTC to off-exchange places where the volatility can’t be gamed so much.

The bigger picture will look like this:

  1. Set Poloniex spreads to 2-5%. Or generally large spreads that can still sustain some amount of volume. Perhaps sell-side can be tighter but buy-side to be looser to adjust for ALP expectations.
  2. Hopefully this sends more people to NuLagoon Tube (and potentially similar services), which have smaller spreads that can’t be gamed so easily.
  3. Implement our own Shapeshift replacement for NuDroid that doesn’t rely on exchanges.
  4. Have multiple NuSafe custodians on multiple exchanges, ready to supplement fiat pair ALPs.
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The spread already is at least 2% (each side offset 1%), with parametric order book.

How does that fit into your bigger picture (which looks good!):

If you leave out the ALP part, it’s already a subset of it, right?

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With only 25% of liquidity on the buy side, I am activating as a back up to FLOT operations.

Didn’t @henry create some NuLagoon Tube pairs for FLOT? If so, couldn’t I send BTC to the BTC address and have NBT transferred to FLOT? Are the address pairs documented somewhere?

@zoro and other Poloniex liquidity providers: I can buy NBT for 1.005 with BTC. Just post here or PM me to arrange a trade.

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I sent you a pm to buy some BTC.
Although i am afraid that they will vanish even at ALP’s highest spread!

I can buy 1000 NBT for $0.999 if anyone wants to sell me them.

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