Current Liquidity

@assistant liquidity

Hi @cryptog

The current total liquidity in the Nu network is:

Bid: 110098.8743 NBT
Ask: 114930.8065 NBT

It is broken down in the following manner:

Tier 1:
    Bid: 62372.0453 NBT
    Ask: 55665.4049 NBT

Tier 2:
    Bid: 1990.89 NBT
    Ask: 11617.8579 NBT

Tier 3:
    Bid: 24929.157 NBT
    Ask: 26589.0 NBT

more buy side than sell side.
i suppose it is because btc is stabilizing or most pools have shited to Fixed Costs?

By the way, Bid and Ask should be interchanged in:

Bid: 110098.8743 NBT
Ask: 114930.8065 NBT

This is the opposite displayed by QT.

Can someone confirm?

only one pool has shifted to fixed cost (NBT/BTC on Bter). The impact of fixed cost currently is less than 10,000 NBT. Also, the fixed cost pool isn’t doing amazingly well right now. I would venture that it has more to do with NuLagoon having a balanced tier 3 and NuPool doing well.

do u know the reason why?

The buy side is sitting at the same rate as all the other alp’s, so it’s not doing poorly it’s just not as balanced as I would prefer. I like the way it makes me think though, as far as how to build the most stable peg.

the buy side is mostly determined by Poloniex. during btc rising, buy was 10k and sell 40k. now buy and sell are 20-25k. the other pools are almost the same before and after btc rising.
fixed cost pool in bter will work as intended only if more than 1 “big” custodians “fighting” each other.
if it is only 1 “big” custodian, then increasing his/her amount will not change dramatically the payout rate.
So yes, we need a mixed fixed reward-cost pool scheme :wink:

@assistant liquidity

Hi @huafei

The current total liquidity in the Nu network is:

Bid: 79702.3239 NBT
Ask: 67468.8112 NBT

It is broken down in the following manner:

Tier 1:
    Bid: 27104.7362 NBT
    Ask: 40232.6049 NBT

Tier 2:
    Bid: 3578.37 NBT
    Ask: 5885.0237 NBT

Tier 3:
    Bid: 27152.439 NBT
    Ask: 28569.0 NBT
Exchanges poloniex
Monthly interest rates    7.199999999999999%
Max ask rate   0.24 % per day
Max bid rate   0.24 % per day
Current ask rate   0.24 % per day
Current bid rate   0.24 % per day
Ask order target  4693.98 NBT filled of maximum 20000 NBT ( 23.47% )
Bid order target  6923.21 NBT filled of maximum 20000 NBT ( 34.62% )

200% to 30%…

Interesting indeed. Someone withdrew 20-25k from sell and buy side. See also reduced sell/buy side in client. Maybe a local bot failure?

Nupond fixed cost pool is paying ~ 0.12% for NBT/BTC. Maybe shareholders should require every pool to go fixed cost for at least 80% liquidity.

poloniex’s behaviour is the same every time btc is volatile :slight_smile:

@assistant liquidity

Hi @huafei

The current total liquidity in the Nu network is:

Bid: 91149.0872 NBT
Ask: 90055.3164 NBT

It is broken down in the following manner:

Tier 1:
    Bid: 45956.1312 NBT
    Ask: 51640.812 NBT

Tier 2:
    Bid: 4187.78 NBT
    Ask: 5436.5889 NBT

Tier 3:
    Bid: 30637.9525 NBT
    Ask: 28491.0 NBT
1 Like

{“blocks”:582540,“buy”:81102.0474,“sell”:79373.7463}

{“blocks”:588373,“buy”:88055.784,“sell”:87780.9557}

There seems to be an offset between what is given by https://raw.nupool.net/?liquidity and the client.

@assistant liquidity

In any case, we have 10k more buy side than sell side right now.

{“blocks”:590099,“buy”:97519.9173,“sell”:83906.8696}

18:19:17getliquidityinfo B

{
“total” : {
“buy” : 99717.4597,
“sell” : 83073.0806
},

Looks pretty good to me.
Discrepancies are normal, since as far as I’m aware liquidity info is spread P2P.

Right.

In any case, good performance of the peg during this bitcoin rally.