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
If you haven’t already, please look at @zoro’s motion and decide whether to vote for it. I hope it passes soon and we can use their dual-side NuBot instead or as complement to masterOfDisaster’s (he will be less available in February).
I tried ALP + NuLagoon Tube balancing for some time. Balancing via NuLagoon usually eats away 2-3 days of ALP income on the amount balanced, and is still not convenient enough.
The ALP software a bit flaky and I added some try: except: shutdown(True) to make it somewhat stable. The errors are mostly due to mismatch between Poloniex API and how the scripts handle errors; there’s an apparent bug that the script hangs after a “need to update BTC price” error.
Overall I think the next pool to get a custodian grant and renew pool terms should consider increasing the tolerance on BTC/NBT pairs and experiment a mild reduction of rewards.
I have my own concerns in taking your approach, and I have always been more inclined to market-making where high spread ALP can be a starting point, so it’s more rewarding to experiment in that direction. Also time has been very scarce lately that I can’t invest too much in adapting to new logistics.
ALIX should tell you everything you need to know. We cant force people off of cmc, we just have to let people come to their own conclusions about the algorithns used.
It’s not only CNY, the peg at the BTC pair at Poloniex is impaired as well.
The sell side support by the NuBots at Poloniex is degraded. Customers bought into orders, that were not in the first line of the parametric order book.
For days there’s been only a few thousand USD value on the sell side in the NuBot accounts.
Current status of the NuBot accounts at Poloniex:
Mon Feb 1 05:24:39 UTC 2016
status of (former) sell side gateway:
nud getliquidityinfo B | grep BETwD8nSjtj9ADSvej2na34xmsMYwPRymv -A 2
"BETwD8nSjtj9ADSvej2na34xmsMYwPRymv" : {
"buy" : 14797.29,
"sell" : 2642.1802
status of (former) buy side gateway:
nud getliquidityinfo B | grep BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP -A 2
"BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP" : {
"buy" : 13939.7,
"sell" : 300.8696
The good news is that the support by ALP clients on Poloniex increased over the last 12 hours.
Yet I think it’s more comfortable to have another line of defense for the peg there.
NBT have been sent by FLOT to the NuBot accounts.
SoonTM they will be available.
Update:
after I realized that the transaction to deposit funds to the NuBot accounts hasn’t been broadcast, I did that and now the funds are available:
Mon Feb 1 08:08:33 UTC 2016
status of (former) sell side gateway:
nud getliquidityinfo B | grep BETwD8nSjtj9ADSvej2na34xmsMYwPRymv -A 2
"BETwD8nSjtj9ADSvej2na34xmsMYwPRymv" : {
"buy" : 14870.66,
"sell" : 9642.1802
status of (former) buy side gateway:
nud getliquidityinfo B | grep BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP -A 2
"BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP" : {
"buy" : 13993.4,
"sell" : 5300.8696
2nd line of peg (by NuBots) support back in the green again.
Update2:
it was good not to withdraw BTC from the buy side; as it seems there was some decline of NBT demand that couldn’t be buffered sufficiently by the ALP participants:
Mon Feb 1 14:00:26 UTC 2016
status of (former) sell side gateway:
nud getliquidityinfo B | grep BETwD8nSjtj9ADSvej2na34xmsMYwPRymv -A 2
"BETwD8nSjtj9ADSvej2na34xmsMYwPRymv" : {
"buy" : 8506.81,
"sell" : 16075.8356
status of (former) buy side gateway:
nud getliquidityinfo B | grep BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP -A 2
"BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP" : {
"buy" : 11736.16,
"sell" : 7652.7734
Result for the peg on Poloniex: in good shape; status according to CMC
I’ll have to think more about this to really see it, but thanks!
