Current Liquidity

Gateway status at Poloniex

Sat Mar 12 10:38:24 UTC 2016
status of mOD dual side NuBot at Poloniex:
nud getliquidityinfo B | grep BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP -A 2
        "BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP" : {
            "buy" : 14374.45,
            "sell" : 5809.8706
status of zoro dual side NuBot at Poloniex:
nud getliquidityinfo B | grep BJs4YbtaqCmxeHLiR6zzjnZEotYVFAPfMo -A 2
        "BJs4YbtaqCmxeHLiR6zzjnZEotYVFAPfMo" : {
            "buy" : 14667.47,
            "sell" : 11094.3206
status of Cybnate dual side PyBot at Poloniex:
nud getliquiditydetails B | grep B954pkUEdkeT1G5Lq14Cisij5no3RVxHYe -A 20 | grep poloniex -A 2
        "1:NBTBTC:poloniex:LiquidBits" : {
            "buy" : 82.8175,
            "sell" : 1866.6667

Liquidity; ALix T1 + gateways:

Because overall buy side liquidity was below 35% at 33%, I transferred 25 BTC to @masterOfDisaster’s gateway at Poloniex. This leaves 59.8 shareholder BTC in my possession.

1 Like

The funds arrived and were automatically recognized by my NuBot.

###Resulting gateway fund situation:

Sat Mar 12 20:49:49 UTC 2016
status of mOD dual side NuBot at Poloniex:
nud getliquidityinfo B | grep BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP -A 2
        "BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP" : {
            "buy" : 24478.28,
            "sell" : 5809.8706
status of zoro dual side NuBot at Poloniex:
nud getliquidityinfo B | grep BJs4YbtaqCmxeHLiR6zzjnZEotYVFAPfMo -A 2
        "BJs4YbtaqCmxeHLiR6zzjnZEotYVFAPfMo" : {
            "buy" : 14532.26,
            "sell" : 11094.3206
status of Cybnate dual side PyBot at Poloniex:
nud getliquiditydetails B | grep B954pkUEdkeT1G5Lq14Cisij5no3RVxHYe -A 20 | grep poloniex -A 2
        "1:NBTBTC:poloniex:LiquidBits" : {
            "buy" : 592.97,
            "sell" : 2000.0

The current liquidity situation taking the gateway funds into regard is:

1 Like

You mean in Polo’s order book or Nu Client 's liquidityinfo?
We just checked the status of Nubots. NuLagoon is placing orders in Polo, but failed to submit liquidityinfo to Nu.

Buy—0.00241700----2598.56583479----6.28073362–2016-03-13 02:00:19Cancel
Sell-----0.00245351-----1477.42000182-----3.62486474–2016-03-13 02:00:16Cancel

It looks that this is at a 1.5% or higher spread. Is that correct? What is the spread NuLagoon uses on Poloniex?

How could I possibly assign an order in the order book of Poloniex to NuLagoon?
Yes, I meant the broadcast liqudityinfo:

Might I ask how regularly check whether everything is running like it should?
Btw. - I still don’t find any liquidity broadcast from NuLagoon regarding liquidity at Poloniex.

Sun Mar 13 03:17:33 UTC 2016
nud getliquiditydetails B | grep "BTRnV9uLSPVJw4jn1JMV2Ki2cfFqPYip9o" -A 100 | grep polo -A 2
        "1:NBTBTC:poloniex:0.3.2a_1454163803748_1106ef" : {
            "buy" : 0.0,
            "sell" : 0.0
--
        "1:NBTBTC:poloniex:0.3.2a_1454167693921_6457fb" : {
            "buy" : 0.0,
            "sell" : 0.0

Do you use “BTRnV9uLSPVJw4jn1JMV2Ki2cfFqPYip9o” to broadcast?

2 Likes

0.7% for each side

We found there are lots of wrong info in liquidityinfodetail. So we cleaned them one by one. We also fixed the problem of Nubot to submit liquidity.

Now we can say the detailinfo under BTRnV9uLSPVJw4jn1JMV2Ki2cfFqPYip9o is correct.

1 Like

Affirmative:

nud getliquiditydetails B | grep "BTRnV9uLSPVJw4jn1JMV2Ki2cfFqPYip9o" -A 100 | grep polo -A 2
        "1:NBTBTC:poloniex:0.3.2a_1454163803748_1106ef" : {
            "buy" : 0.0,
            "sell" : 0.0
--
        "1:NBTBTC:poloniex:0.3.2a_1454167693921_6457fb" : {
            "buy" : 0.0,
            "sell" : 0.0
--
        "1:NBTBTC:poloniex:0.3.2a_1457865931788_81cb7a" : {
            "buy" : 2608.0204,
            "sell" : 1497.1904
1 Like

4k total seems very low. Wasn’t it supposed to look more like 5k each side? @henry

@henry, what’s wrong with NuLagoon’s NuBot at Poloniex?

nud getliquiditydetails B | grep BTRnV9uLSPVJw4jn1JMV2Ki2cfFqPYip9o -A 500 | grep 0.3.2a_1457865931788_81cb7a -A 2
        "1:NBTBTC:poloniex:0.3.2a_1457865931788_81cb7a" : {
            "buy" : 0.0,
            "sell" : 1882.009
--
        "2:NBTBTC:poloniex:0.3.2a_1457865931788_81cb7a" : {
            "buy" : 2209.99,
            "sell" : 0.0

I find it harder and harder to see a sufficient service provided by NuLagoon at Poloniex…
Why are no T1 buy orders reported?
Are they on the order book?

edit:
They are back for now:

nud getliquiditydetails B | grep BTRnV9uLSPVJw4jn1JMV2Ki2cfFqPYip9o -A 100 | grep poloniex -A 2 | tail -n 3
        "1:NBTBTC:poloniex:0.3.2a_1457865931788_81cb7a" : {
            "buy" : 2143.6907,
            "sell" : 1944.0947

It could because Nubot was moving buy/sell walls by canceling and resubmitting T1 orders. Maybe @deserver could help to confirm this.

NuLagoon is tend to be a little bit of prudent in operation on behalf of pools users. Recall the story of Mt.gox, we know that exchange default risk should never be forgotten or underestimated.

If there’s so little funds at exchanges, please remind me: what is NuLagoon getting compensated for?

For mainly T3?
Or for NuLagoon Tube, with that NuLagoon earns fees (except when trading with FLOT)?

Keeping the Nubits pegging at $1 is our top1 piority. If the peg is in dangrous, we will not hesitate to provide as much liquidity as we could. Addtionly, there are motions regulating how NuLagoon provide liquidity support on behalf of Nu Shareholders. We will act accordingly.

Thank you very much for your service, but I need to say that there have been more occassions than I can count, at which the peg was solely kept by NuBots (and very recently a PyBot as well) that operated with Nu funds.
But I think the discussion fits better here:

I was originally focussing on ALP when I started that thread.
Maybe the view needs to be widened.

1 Like

NuPool seems to have trouble.

@henry: keep NuBot at Poloniex running and funded.
By design your MLP operation there should serve trading customers before the Nu funded NuBots/PyBot need to kick in.

1 Like

Hi all,

I’m a NSR holder and first-time poster here . I’ve been watching the NuBits project since it’s beginnings on the Peercoin forum.

I’ve developed a real-time chart in Google Sheets that I use to monitor how well the peg is kept to $1.00 USD on the BTC/NBT pair on Poloniex. I figure it is relevant to this thread and would maybe help efforts in keeping track of the peg. It shows buyside liquidity that is at-or-above $0.99/NBT and sellside liquidity that is at-or-below $1.01/NBT. The price of BTC is also graphed, and is based on Bitfinex’s BTCUSD rate. Data are updated at least once per hour, and more frequently when the BTCUSD rate is changing rapidly.

I started tracking data at the end of January. Liquidity has declined dramatically since 3/13/16.

Click here to see the real-time chart

Here is the chart current as of this post:

5 Likes

Can someone more familiar with liquidity operations explain why this has occurred?

What is the best way to ensure we have $20,000 or more on each side at Poloniex 90% of the time?

1 Like

Nu-pool operations have stopped recently and abruptly as they ran out of funds before a new grant was obtained. Liquidity operations are now running on NuBots and a Pybot funded by FLOT.
There also appears to be some intermittent issues with NuLagoon’s NuBot on Poloniex, this requires further clarification and is being monitored by some in the community.

Short term, FLOT can increase the funds held on exchange increasing the risk profile of NuShareholders’ funds.
Passing of the grant for Nu-Pool on ALPv2 will probably provide some relief and hopefully more stable provisioning of liquidity due to the new reward model.
Clarification from NuLagoon is required about the apparently lower service levels recently.

2 Likes