Current Liquidity

[Cybnate]

It is clear that the reliance on ALPs for highly volatile pairs as NBT/BTC is too big given their inherit performance due to the nature of the provisioning. I think we need ALPs with funds locked for certain amounts of time to keep it decentralised and reducing the risk of Nu funds on the open market. I hope that it will become possible with BCex and/or ALPv2/v3? A model with the shorter the funds are locked the lesser the rewards should address the current issues.

In the mean time the NuBots/PyBots operated with Nu funds needs to be scaled up imo.

[mhps]

Fixed Cost pools would help and be responsive at that.

[JordanLee]

With less than 2 NuBits on the Poloniex sell side, I would like to send 10,000 NBT to a gateway immediately. What is the most appropriate gateway to send to at this point?

[Nagalim]

MoD’s

[JordanLee]

MoD’s

What address and how can I verify that? I thought I just saw a post on a gateway thread saying the MoD gateway was out of service until further notice.

[Nagalim]

BJUQAhZxXfiiTbG6eeG11L3fcZ25bf2Bmw

FLOT US-NBT Operations (sell side)

As a reminder: my “for emergencies only” NuBot on Poloniex is still in active standby. I check it from time to time and did so a few minutes ago. It’s operational.

[masterOfDisaster]

I put one of the gateways in what I called "active standby, because I can (due to more travelling activities of my day job) not ensure a monitoring and operation on the previous level.

I checked the NuBot right now.
It’s operational.
I’m on the road, but will try to keep an eye on tx that need to be signed.

The deposit address is in the thread I linked above or here:

FLOT US-NBT Operations (sell side)

Relevant FLOT Operations Thread FLOT Bitcoin Operations (buy side) FLOT NuShare Operations (buy side) FLOT BlockShare Operations (buy side) FLOT Peercoin Operations (buy side) Tier 4 Fund Management Create multisig transaction with Cointoolkit (Daology article) Addresses masterOfDisaster (former) NBT EXIT gateway address (now dual side) BJUQAhZxXfiiTbG6eeG11L3fcZ25bf2Bmw (use in emergencies only until further notice!) @masterOfDisaster (former) NBT entry gateway address (now dual side) …

[JordanLee]

10,000 NBT was just sent to BJUQAhZxXfiiTbG6eeG11L3fcZ25bf2Bmw. @masterOfDisaster, please send BTC proceeds to FLOT.

[masterOfDisaster]

I will as soon as they are traded and I’m back to my PC (the latter can take until tomorrow).
Up to 6,000 are on order with parametric order book.

[dysconnect]

I updated the reference thread for easier access to gateway information.

[masterOfDisaster]

Roughly $3.5k have already been traded by my NuBot:

nud getliquidityinfo B | grep BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP -A 2
        "BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP" : {
            "buy" : 3564.73,
            "sell" : 6459.8767

[zoro]

Glad to see a second bot. Mine is empty in sell side !
i have only 47 btc is buy side!
I need refill and i will send FLOT 25 BTC as soon as i am home.

edit: 25 btc from 20

[huafei]

any post can we check all money NU system have? include NBT, BTC etc.

[mhps]

any post can we check all money NU system have?

buyback calculation is close but it doesn’t include funds in T1-T3, which are shown by alix.

[masterOfDisaster]

Half of the NBT on my NuBot account have been traded and appoximately 5,000 NBT are left:

nud getliquidityinfo B | grep BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP -A 2
        "BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP" : {
            "buy" : 5045.88,
            "sell" : 4958.8767

Zoro’s NuBot has roughly 5,000 NBT left as well:

status of zoro dual side gateway:
nud getliquidityinfo B | grep BJs4YbtaqCmxeHLiR6zzjnZEotYVFAPfMo -A 2
        "BJs4YbtaqCmxeHLiR6zzjnZEotYVFAPfMo" : {
            "buy" : 14383.78,
             "sell" : 4743.7997

According to ALix, ALP sell side is low, buy side is empty.
I won’t withdraw BTC to FLOT under these conditions unless 5 of 8 BTC multisig FLOT members request a BTC withdrawal explicitly.

[masterOfDisaster]

Poloniex buy side is empty again:

Overall buy side is low:

@zoro’s gateway:

Sun Mar  6 18:04:31 UTC 2016
nud getliquidityinfo B | grep BJs4YbtaqCmxeHLiR6zzjnZEotYVFAPfMo -A 2
        "BJs4YbtaqCmxeHLiR6zzjnZEotYVFAPfMo" : {
            "buy" : 15872.62,
            "sell" : 3564.1461

and my gateway:

Sun Mar  6 18:04:31 UTC 2016
nud getliquidityinfo B | grep BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP -A 2
        "BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP" : {
            "buy" : 4781.79,
            "sell" : 5316.1276

have in total roughly $20,000 ($20,653) in BTC to support the buy side.
That brings the total BTC on buy side at close to $50,000 ($27,971 + $20,653).

According to ALix the sides are quite unbalanced.
Including the NuBot gateway funds, the numbers are different:

• ask: $58,624 + $3,564 + $5,316 = $67,504 (58%)
• bid: $27,971 + $15,872 + $4,781 = $48,624 (42%)

[zoro]

Our nubots will save the day
We have to monitor buy wall though.

[masterOfDisaster]

I do as much as I can.
That’s why I wrote:

I won’t withdraw BTC to FLOT under these conditions unless 5 of 8 BTC multisig FLOT members request a BTC withdrawal explicitly.

At the moment the situation seems to be under control.

[dysconnect]

I see about 20k short in buy side from getliquidityinfo, but some surplus depending on the custodian and T2. Combining with ALiX, if we try to put 10k in T1 and exchange 10k with NuLagoon then things should be fine.

[JordanLee]

Because buy side liquidity was below 35% (at 32%) according to Coinerella, I just transferred 24.23685 BTC to @masterOfDisaster’s gateway at 1M3khPfXJreaFVbHab5XFEngwhbRh5Nxyi.

This reduces the shareholder BTC in my possession from 138.0 to 113.8 BTC.