Current Liquidity

[cryptog]

@assistant liquidity

[assistant]

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

[cryptog]

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?

[Nagalim]

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.

[cryptog]

isn’t doing amazingly well right now.

do u know the reason why?

[Nagalim]

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.

[zoro]

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

[huafei]

@assistant liquidity

[assistant]

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

[huafei]

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%…

[Cybnate]

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?

[mhps]

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.

[zoro]

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

[huafei]

@assistant liquidity

[assistant]

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

[cryptog]

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

[cryptog]

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

[cryptog]

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.

[willy]

{“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.

[cryptog]

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.