I’m still far from having proper access to all I need to fully support Nu at the moment.
You might remember that I announced an absence with limited or no internet access.
I have limited access to the internet with my mobile phone, though.
Nevertheless I kept one of my NuBots running. I want to remind all that this one should really only be used in emergency situations as I can neither monitor it closely nor withdraw any funds from Poloniex this week.
I’ve checked that NuBot recently. It’s operational.
For more information have a look here:
###Funds in ALP at Poloniex are going down at the same time
The graphs unfortunately don’t have the same x-axis; 09:30 is a little bit more to the right at the ALix chart):
###It’s good to have @zoro with Nu funds at Poloniex!
…and as other lines of defence by @Nagalim or my NuBot (which is still on active standby).
status of zoro dual side gateway:
nud getliquidityinfo B | grep BJs4YbtaqCmxeHLiR6zzjnZEotYVFAPfMo -A 2
"BJs4YbtaqCmxeHLiR6zzjnZEotYVFAPfMo" : {
"buy" : 6579.83,
"sell" : 8432.365
Whoever runs a nubot with 500-1000NBT in sell side of hitbtc, he/she may need to check it.
The orders seem to have frozen in older values when BTC was at 400$.
Although my proposal haven’t passed my dual-side PyBots are operational. There is currently a small amount of funds in there for monitoring purposes, but they can be used for ‘emergencies’.
Here are the deposit addresses for the dual side bots:
The PyBots will automatically recognise when funds are added and will place them on the market almost immediately without my intervention. I’m monitoring the bots at least once a day, but usually more often.
We are all convinced (don’t we?) that nubot gateways are the best solution now to keep the peg. But one nubot is not enough, it introduces the “single point of failure” principal. Let aside that it is very stressful for only one operator to be “responsible” for keeping the peg in Poloniex!
Be happy that BTC is not very volatile at the moment, that you have a reliable NuBot configuration, backup operators (Nagalim, me) in case they are needed, a well-funded operation and people who keep an eye on the market and fund your NuBot account if necessary
You do well! Go on!
By checking Alix today i see that sell wall in polo is very thin (compare with buy wall) but only in Polo!
This made me think that perhaps some altcoin traders in Polo are using sophisticated bots which use NBT
as the stable asset during an altcoin betting. Thus the unstable BTC is out of the equation and it is used only as a medium for the trade pairs.
Because the sell side as shown on Coinerella dropped below 35% I am activating a backup liquidity provider. I will convert 10,000 NBT to BTC at NuLagoon Tube momentarily using NBT address BT9AWq9r1i6…
Edit: BTC proceeds were 24.23705, which is eligible for the NSR buyback calculation.
NuLagoon itself is a bit short on buyside, although Tube T1 has excess. If NuLagoon indeed needs to be balanced, FLOT will be able to act quickly. For Polo, FLOT and T3 custodians will take care of the situation, but it’s a structural problem that ALP fails to regulate itself through Tube. The best action now is to perhaps ping @henry and send NBT to moD’s gateway.