Current Liquidity

[zoro]

it is hard to be decentralized!
most NBT users will just need to secure their money from BTC volatility. they don’t care about the way NBT
is working although they should!
but it is like fiat system. FED do all the work and all of us just use their money
we try to do something very new here and of course it is very hard.
i hope NU will not become victim of its success!

[ttutdxh]

@assistant liquidity

[assistant]

Hi @ttutdxh

The current total liquidity in the Nu network is:

Bid: 89091.8028 NBT (56.22%)
Ask: 69388.316 NBT (43.78%)

It is broken down in the following manner:

Tier 1:
    Bid: 38741.649 NBT
    Ask: 22178.2049 NBT

Tier 2:
    Bid: 8844.56 NBT
    Ask: 6539.747 NBT

Tier 3:
    Bid: 37040.598 NBT
    Ask: 32918.0 NBT

[zoro]

what is the purpose of T3 balance? shouldn’t T1 be balanced as our first priority?

[Nagalim]

T3 is just NuLagoon. I don’t know the numbers right now, but it’s possible NuLagoon is balanced on tiers 1-3 and it’s the ALP’s that are out of balance.

[JordanLee]

19800 NBT was just sold for 60 BTC for the purpose of holding for a time as a speculation against other cryptos (it wasn’t sold to a liquidity provider that is going to bring it to a sell wall).

[Cybnate]

@assistant liquidity

[assistant]

Hi @Cybnate

The current total liquidity in the Nu network is:

Bid: 88938.836 NBT (59.67%)
Ask: 60103.1165 NBT (40.33%)

It is broken down in the following manner:

Tier 1:
    Bid: 38313.6466 NBT
    Ask: 12710.3114 NBT

Tier 2:
    Bid: 8739.27 NBT
    Ask: 6722.441 NBT

Tier 3:
    Bid: 37647.144 NBT
    Ask: 32918.0 NBT

[Cybnate]

How long will Nu have to bear the volatility risk of BTC in excess and how to get rid of them if the illiquid NSR market doesn’t allow purchasing NSR at reasonable prices?Is distributing a part of the BTC as PPC dividend the better or the worse option compared with sitting on BTC?Would trading a part of the BTC to PPC (or bitUSD?) be an option to hedge BTC volatility?

Or maybe also choose for some exchange risk without volatility risk and add more funds on NBT/USD pairs? Just spreading the risks across multiple pairs with different risk exposure sound appealing to me in context of potential short-term attacks.

[JordanLee]

@assistant liquidity

[assistant]

Hi @JordanLee

The current total liquidity in the Nu network is:

Bid: 95282.9653 NBT (58.97%)
Ask: 66287.9026 NBT (41.03%)

It is broken down in the following manner:

Tier 1:
    Bid: 45221.1809 NBT
    Ask: 18894.9605 NBT

Tier 2:
    Bid: 8818.38 NBT
    Ask: 6722.578 NBT

Tier 3:
    Bid: 37647.144 NBT
    Ask: 32918.0 NBT

[JordanLee]

Total sell side liquidity is crossing back and forth across the 40% threshold. This combined with there being less than 1 BTC on the Poloniex sell wall means additional liquidity should be brought to Poloniex and the market in general.

@henry, can NuLagoon assist in bringing 15,000 NBT to market, hopefully to Poloniex specifically?

After this operation, I will only have about 12,000 NBT that isn’t reserved for contractor payment.

[cryptog]

19800 NBT was just sold for 60 BTC for the purpose of holding for a time as a speculation against other cryptos

It seems that there is a relatively huge demand for NuBits right now.
Very exciting.

[dysconnect]

@assistant liquidity

[assistant]

Hi @dysconnect

The current total liquidity in the Nu network is:

Bid: 87609.3835 NBT (58.41%)
Ask: 62391.4816 NBT (41.59%)

It is broken down in the following manner:

Tier 1:
    Bid: 37029.3242 NBT
    Ask: 14998.5395 NBT

Tier 2:
    Bid: 8698.31 NBT
    Ask: 6722.578 NBT

Tier 3:
    Bid: 37647.144 NBT
    Ask: 32918.0 NBT

[willy]

@henry, can NuLagoon assist in bringing 15,000 NBT to market, hopefully to Poloniex specifically?

I support that.

The 4h avg for poloniex is 70 (!) NBT on the sell wall at the time of writing.

[zoro]

i came to rescue in polo sell side. i just performed a rebalancing with btre’s sell side
i guess people don’t trust bter anymore? it has always a good sell side wall.

[ttutdxh]

@assistant liquidity

[assistant]

Hi @ttutdxh

The current total liquidity in the Nu network is:

Bid: 66412.7045 NBT (52.79%)
Ask: 59401.2069 NBT (47.21%)

It is broken down in the following manner:

Tier 1:
    Bid: 17541.8399 NBT
    Ask: 12597.9478 NBT

Tier 2:
    Bid: 8920.19 NBT
    Ask: 6132.895 NBT

Tier 3:
    Bid: 37310.112 NBT
    Ask: 32918.0 NBT

[JordanLee]

@assistant liquidity