Current Liquidity

[assistant]

Hi @cryptog

The current Liquidity in the Nu network is:

34637 NBT on the sell side and 36745 NBT on the buy side.

[crypto_coiner]

Nu has a use case here- how much money does it make?
Can we suspect that once BCEX is launched, Volumes of cryptos exchanged grow, say, 50 fold, calling upon an gigantic NBT demand?

[cryptog]

@assistant liquidity

[cryptog]

Can we suspect that once BCEX is launched,

This belongs to another thread but we can speculate that the fact that B&C will be offering plenty of relatively cheap, secure, NBT liquidity against your crypto would make you willing to use it for getting in/out of your orders, thus increasing drastically the exchange volume of NBT.

[cryptog]

@assistant liquidity

[cryptog]

buy side: 31k
sell side: 44k

[assistant]

Hi @cryptog

The current Liquidity in the Nu network is:

47425 NBT on the sell side and 35924 NBT on the buy side.

[assistant]

Hi @cryptog

The current Liquidity in the Nu network is:

47425 NBT on the sell side and 35924 NBT on the buy side.

[Nagalim]

@assistant liquidity
I think we found a good balance at 2% park rates.

[assistant]

Hi @cryptog

The current Liquidity in the Nu network is:

39618 NBT on the sell side and 42248 NBT on the buy side.

[cryptog]

The total parked has not changed from yesterday. I think it is more nulagoon that unfroze some funds from Tier2 to Tier1 or another pool that increased its liquidity ( nupond ?) .

[Nagalim]

My pool is still down around 1k, we seem to be experiencing 10k swings. Maybe we should be insensitive to a difference between buy and sell of around 15k?

[cryptog]

Maybe we should be insensitive to a difference between buy and sell of around 15k?

Maybe. It seem the gap has now gotten smaller. More generally, I feel that the swings in the liquidity balance has gotten more sensitive to bitcoin volatility recently. Whenever bitcoin price goes down just a few percents, buy side liquidity goes back up quickly. That is a good sign.

[cryptog]

@assistant liquidity

[assistant]

Hi @cryptog

The current Liquidity in the Nu network is:

34398 NBT on the sell side and 29176 NBT on the buy side.

[cryptog]

@assistant liquidity

[assistant]

Hi @cryptog

The current Liquidity in the Nu network is:

36139 NBT on the sell side and 27266 NBT on the buy side.

[cryptog]

Time to raise a bit the rates?

[cryptog]

Is the recent drop in buy side liquidity due to pool’s issues? (here and here)

Till BCE is released we need as shareholders to make sure that pools are working.

But we can see once again the cruciality of a uncompromisable exchange for Nu because Nu’s life depends on how well the peg is kept.
That is why I regard BCE as an eternal, uncompromisable peg keeper.

[cryptog]

At current expenses pace, the buy side liquidity would be totally depleted within 6 months from now, it seems.