Current Liquidity

zoro · January 27, 2016, 1:43pm

What?
MoD-bot malfunction?

masterOfDisaster · January 27, 2016, 1:45pm

emergency shutdown sequence initiated

cryptog · January 27, 2016, 5:34pm

So providers are afraid to sell NBTs? Why is that?

It is possible that in the near future shareholders will be paid to perform such actions.

I can relate to that…

crypto_coiner · January 28, 2016, 3:28am

Marketing wise, that does not look too good on some exchanges…

masterOfDisaster · January 28, 2016, 5:34am

BTC price drop.
In total only less than 5,000 NBT on the NuBot accounts left - there could have been sold more NBT, but T2 spreads were not that attractive; at least the peg is ok…

former sell side gateway:
05:28:51.532 [sendLiquidity] WARN  - Liquidity info submitted:
        tier=1 buy=1500.00000194 sell=0.0 identifier=1:NBTBTC:poloniex:0.3.2a_1453912818252_186495 response={"submitted":true}
        tier=2 buy=16962.83 sell=0.0 identifier=2:NBTBTC:poloniex:0.3.2a_1453912818252_186495 response={"submitted":true} [c.n.n.t.SubmitLiquidityinfoTask:144]
former buy side gateway:
05:27:47.097 [sendLiquidity] WARN  - Liquidity info submitted:
        tier=1 buy=1000.0000013 sell=0.0 identifier=1:NBTBTC:poloniex:0.3.2a_1453913274686_e5bce8 response={"submitted":true}
        tier=2 buy=15685.62 sell=4490.98230207 identifier=2:NBTBTC:poloniex:0.3.2a_1453913274686_e5bce8 response={"submitted":true} [c.n.n.t.SubmitLiquidityinfoTask:144]

masterOfDisaster · January 29, 2016, 5:11am

BTC price declined.
Only approximately 3,000 NBT on the NuBots accounts left to support the peg at Polonex beyond the possible support of NuLagoon and ALP.

Fri Jan 29 05:07:15 UTC 2016
status of (former) sell side gateway:
nud getliquidityinfo B | grep BETwD8nSjtj9ADSvej2na34xmsMYwPRymv -A 2
        "BETwD8nSjtj9ADSvej2na34xmsMYwPRymv" : {
            "buy" : 15713.32,
            "sell" : 1523.955
status of (former) buy side gateway:
nud getliquidityinfo B | grep BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP -A 2
        "BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP" : {
            "buy" : 12647.41,
            "sell" : 1499.0902

dysconnect · January 29, 2016, 5:49am

Which one to deposit,
BNCaRW9ZjSLeGkwCfMb48izHy2tXLAVR2i or
BETwD8nSjtj9ADSvej2na34xmsMYwPRymv

masterOfDisaster · January 29, 2016, 6:14am

All necessary information is in the forum.
But sice you asked nicely

The first address will reach the former entry gateway.
The second address will receive donations to me as it will reach my custodial address of the former entry gateway.

The former exit gateway is dual side as well.
A deposit to BJUQAhZxXfiiTbG6eeG11L3fcZ25bf2Bmw can be used to support the sell side as well.

If you plan to create a transaction to deposit funds there, keep in mind that there are currently a lot of funds (on buy side) and I have a withdrawal limit at Poloniex.
I’d feel uncomfortable to be away in February and have funds there.

I recommend to support zoro and Nagalim ramping up their operation at Poloniex.

Here’s the overview of deposit addresses from the FLOT thread. The deposit addresses can be found in the “gateway” threads as well:

masterOfDisaster · January 29, 2016, 3:18pm

Status report of the NuBot liquidity at Poloniex:

Fri Jan 29 15:16:34 UTC 2016
status of (former) sell side gateway:
nud getliquidityinfo B | grep BETwD8nSjtj9ADSvej2na34xmsMYwPRymv -A 2
        "BETwD8nSjtj9ADSvej2na34xmsMYwPRymv" : {
            "buy" : 13880.56,
            "sell" : 3829.8048
status of (former) buy side gateway:
nud getliquidityinfo B | grep BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP -A 2
        "BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP" : {
            "buy" : 14493.48,
            "sell" : 2.3433

jooize · January 29, 2016, 4:15pm

Under which circumstances is FLOT to take action in the current state of affairs?

How much is intended to be at your dual-side NuBot?

I still have trouble understanding this by myself, which would be a problem in a situation where I’m available and see a need, but don’t know what to do.

masterOfDisaster · January 29, 2016, 4:23pm

I made a draft, which could have been improved over time.

Unfortunately it didn’t find much appreciation.

It iwas based in parts on my interpretation of the liquidity scheme:

Both would need some rework (just imagine the impact of NuBots with Nu funds on it!), but I don’t know why I should do it.

So the best answer I can give you is: I don’t know.
The less diplomatic version is: try to involve others in discussions about that; I’m tired of it.

jooize · January 29, 2016, 4:27pm

Thanks. I’ll revisit those!

masterOfDisaster · January 29, 2016, 4:28pm

You are welcome.
I’m happy to assist and join discussions as the need arises. But I’m currently not in the condition for a leading role.
I beg your pardon for that.

masterOfDisaster · January 29, 2016, 5:05pm

NuPool ALP at Poloniex with low sell side, buy side declining. Total funds on ALP at Poloniex way below targets:
https://alix.coinerella.com/charts/?select=48_hours_nupool_poloniex#

Screenshot from 2016-01-29, 18:02 UTC:

I don’t know about the status of NuLagoon at Poloniex.
I intend to skip the withdrawal of funds from the NuBot accounts today and check the liquidity situation again in the next days.
A majority of NBT or BTC FLOT members might request a withdrawal to their respective multisig address, of course, which I will follow.
But it made be more wise to rather deposit NBT than request a withdrawal of funds (and if, please BTC…).
This is just a suggestion. I won’t start either process (withdrawal, deposit) on my own.

masterOfDisaster · January 30, 2016, 1:31pm

NuPool ALP at Poloniex, 2016-01-30, 13:15 UTC:

Poloniex liquidity situation:

ALP funds: low on sell side; buy side with a few thousand USD value
masterOfDisaster NuBot funds: low on sell side, but hopefully sufficient; buy side ok
NuLagoon NuBot funds: unknown; @henry can you confirm that NuLagoon broadcasts liquidity using BTRnV9uLSPVJw4jn1JMV2Ki2cfFqPYip9o? It looks like there’s no funds at Poloniex. Is that right?

masterOfDisaster NuBots detailed:

Sat Jan 30 13:18:16 UTC 2016
status of (former) sell side gateway:
nud getliquidityinfo B | grep BETwD8nSjtj9ADSvej2na34xmsMYwPRymv -A 2
        "BETwD8nSjtj9ADSvej2na34xmsMYwPRymv" : {
            "buy" : 13394.83,
            "sell" : 4190.8853
status of (former) buy side gateway:
nud getliquidityinfo B | grep BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP -A 2
        "BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP" : {
            "buy" : 12697.54,
            "sell" : 1679.2886

Is it still not clear how much the NuBots smooth the liquidity operation at Poloniex?
How long since the last emergency deposit of FLOT?

But do you think you can afford to sustain such an operation at each exchange? I doubt it.
Do you think Nu is scalable, can accomplish the release of new products with the current liquidity provision scheme?
Don’t you think it’s time to rework the liquidity provision scheme to make it more reliable and even cheaper?
You are aware that the NuBots are no regular part of the liquidity provision scheme, right?
They are meant for emergencies, but do a great job and are more reliable than ALP.
Would you feel comfortable having almost no ALP support and apparently no NuLagoon support at Poloniex if you couldn’t rely on the NuBots?

Start spending time on this, think about it, discuss it:

jooize · January 30, 2016, 4:17pm

Sorry if you’ve already explained this a gazillion times …

BETwD8nSjtj9ADSvej2na34xmsMYwPRymv and BETwD8nSjtj9ADSvej2na34xmsMYwPRymv were initially custodial addresses used for deposits, but are now only used for broadcasting liquidity?

        "BETwD8nSjtj9ADSvej2na34xmsMYwPRymv" : {
            "buy" : 13394.83,
            "sell" : 4190.8853

buy is buy side (bid) liquidity in US NuBits at Poloniex?
sell is sell side (ask) liquidity in Bitcoin but displayed as US NuBits at Poloniex?

If it’s now dual-side, why is there two entries (sell and buy side gateway) with similar buy and sell numbers?

Did I get anything right?

masterOfDisaster · January 30, 2016, 6:01pm

BETwD8nSjtj9ADSvej2na34xmsMYwPRymv and BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP are the custodial addresses I use for broadcasting liquidity information.

The BTC on buy side get broadcast by NuBot in USD value. It’s the buy orders on Poloniex or the ask side, whatever you prefer.

This is about the NBT on sell side, or the bids, if you like.

I converted each of the gateways to a dual side NuBot. That provides (RaPi) redundancy, allows me to adjust configuration (which requires restart and takes some time until the orders are up again) without cancelling all orders at once and provides a more granular parametric order book. Have a look here in the config part.

Because I try to keep the NuBot accounts as balanced as possible by withdrawing from the account which has BTC or NBT in excess - whatever that is…
I don’t balance between the NuBot accounts, though. It’s just the trades and the withdrawals (and potentially the deposits, which weren’t required for some time), which balance the accounts.

Yeah, one of the custodial addresses that broadcasts liquidity information

jooize · January 30, 2016, 6:14pm

Oh god.

Do you agree with this? I’m confused again.

Ahh! So they’re doing the same thing, and I can just combine both buy and both sell numbers for the total?

masterOfDisaster · January 30, 2016, 6:17pm

You are confused because of the trading pair NBT/BTC (you sell or buy NBT…). Were it BTC/NBT, your explanation would have been right.

Correct.

jooize · January 30, 2016, 6:19pm

Aha! I’ll have to think more about this to really see it, but thanks!