Current Liquidity

8018 NBT have been purchased and placed in FSRT address BFTnCyMX1nsTNp6X7Bcm1qVocvShdbwtMi. FLOT will be handling the purchase of NBT as needed going forward.

@assistant liquidity

Polo needs a $10k buy. @zoro can you take some btc to market? Will you sell your nbt for $1?

I will make the transaction with Jordan or FLOT?
I have some NBT ready :wink:

Well, we aren’t under 40% anymore (btc price is doing crazy things). We need a system for this, maybe FLOT can make a private message with @zoro and do at least a test transaction if not actually bring a couple thousand USD to market?

1 Like

buy side in polo is very thin. FLOT can PM me to arrange a transaction to fix that :wink:

2 Likes

@assistant liquidity

About 13000 NBT worth of BTC will be needed to balance the liquidity. Will you be able to buy about 36 BTC?

I know polo is important. But is FLOT to react to individual exchange’s liquidity condition? https://alix.coinerella.com/walls/ shows that overall ask:bid is 54.69%: 45.31%

I think we should be proactive than to run the last minute. :slight_smile:

It’s a tough call; Poloniex isn’t just important, but the only exchange that really matters, and USDT is always waiting to eat away our market share. The pairs in other exchanges don’t function most of the time.

If we have a mostly reliable tier 3 there would be fewer worries. A mostly automatic tier 3 pool is pretty much in reaching distance so it is important to get down and implement it.

This is the T1 situation.
FLOT should not try to balance T1 sides with T4 funds.
T2 funds should be used to balance T1.
T3 funds should be used to balance T2.
And once there’s demand to fill T3 funds, it’s time to involve FLOT.

I haven’t updated my interpretation of the tiered liquidity model for a while and I think it’s more helpful if the community and NSR holders evolve that idea if they think it’s worthwhile.
Want to have a look at it?

i agree with the tier flow but until we reach a concensus, T1 and T4 should interact to keep the peg, consider it as an “emergency measure”. clock is ticking :wink:

@assistant liquidity

@assistant liquidity

nud getliquidityinfo B
{
“total” : {
“buy” : 72687.4566,
“sell” : 58609.7511
},
“tier” : {
“1” : {
“buy” : 19774.2965,
“sell” : 17019.6604
},
“2” : {
“buy” : 9108.72,
“sell” : 2281.7266
},
“3” : {
“buy” : 40049.436,
“sell” : 31556.0
}
},
“custodian” : {
“B8BxkGL8kK6X9fBxbeEBHwaSTCLuvvHqAM” : {
“buy” : 2148.5341,
“sell” : 0.0
},
“BA9tumP4zyM1g2M8ZNieD2iAnMgdVPuQe3” : {
“buy” : 8112.5034,
“sell” : 6843.9751
},
“BAt6MK2WEy2xzZbERe858kyDPahB1vLcVY” : {
“buy” : 48.1447,
“sell” : 9468.7267
},
“BB5zg2yioLL86D4XvD3s2wpAGFqxWPxbCL” : {
“buy” : 1020.289,
“sell” : 0.0
},
“BBZ4h88BwYCyE9q268LoArps6eodq9PDGH” : {
“buy” : 3220.89,
“sell” : 1391.725
},
“BETwD8nSjtj9ADSvej2na34xmsMYwPRymv” : {
“buy” : 0.26,
“sell” : 0.0998
},
“BEU9G1YCwCtaVa3mMPvX4NcqKngbA2jJ7C” : {
“buy” : 538.0363,
“sell” : 4344.5375
},
“BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP” : {
“buy” : 0.26,
“sell” : 0.0998
},
“BHQJN5NnDimvTC9Md6a3Lc8sNkHGiizTMo” : {
“buy” : 0.0,
“sell” : 0.0
},
“BPLdB3cUa6RupfbDL1Xuh7QDAmbtoXyFNh” : {
“buy” : 7061.7931,
“sell” : 0.0
},
“BRyTGZz1pjgjRZDiVmuogZ7awPkdaXCVNd” : {
“buy” : 0.0,
“sell” : 0.0
},
“BTRnV9uLSPVJw4jn1JMV2Ki2cfFqPYip9o” : {
“buy” : 50536.746,
“sell” : 36560.5872
}
}
}

1 Like

alix.coinerella.com
shows the opposite!
what to trust?

Just means that NuLagoon didn’t balance liquidity.

well, my BTC wall in polo has reached the 2.4 BTC.
I have a lot of NBT for exchange to balance the buy wall :wink:

$ 0.983610 at polo

@JordanLee @henry