Current Liquidity

MoD is assistant? :smiley:

4 Likes

@masterOfDisaster liquidity

letā€™s see :smile:

2 Likes
nud getliquidityinfo B | head -n 18
{
    "total" : {
        "buy" : 83660.4996,
        "sell" : 99317.724
    },
    "tier" : {
        "1" : {
            "buy" : 40646.8208,
            "sell" : 36143.015
        },
        "2" : {
            "buy" : 20780.77,
            "sell" : 21409.759
        },
        "3" : {
            "buy" : 22231.4088,
            "sell" : 41764.95
        }
...
Tue Feb  2 09:08:31 UTC 2016
status of (former) sell side gateway:
nud getliquidityinfo B | grep BETwD8nSjtj9ADSvej2na34xmsMYwPRymv -A 2
        "BETwD8nSjtj9ADSvej2na34xmsMYwPRymv" : {
            "buy" : 8447.66,
            "sell" : 16075.8356
status of (former) buy side gateway:
nud getliquidityinfo B | grep BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP -A 2
        "BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP" : {
            "buy" : 11661.39,
            "sell" : 7652.7734

:wink:
Normally the real assistant beats me to it in terms of speed.
But Iā€™m slightly more reliable :smiley:
@assistant liquidity

2 Likes

And there goes the ALP sell side at Poloniex:


But no worries - the NuBots still have NBT left:

Sat Feb  6 04:38:52 UTC 2016
status of (former) sell side gateway:
nud getliquidityinfo B | grep BETwD8nSjtj9ADSvej2na34xmsMYwPRymv -A 2
        "BETwD8nSjtj9ADSvej2na34xmsMYwPRymv" : {
            "buy" : 5196.18,
            "sell" : 6435.2065
status of (former) buy side gateway:
nud getliquidityinfo B | grep BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP -A 2
        "BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP" : {
            "buy" : 8665.69,
            "sell" : 3631.5769

The orders of the NuBots are a little bit more expensive than the ALP orders, but thatā€™s by design:

3 Likes

Building new logistics is already an important one, but another large part of it is risk aversion. For instance, it can be done either with or without collateral; too small an amount might not worth my time to handle, a large amount requires collateral. With collateral, I do not like the lost opportunity cost except with possibly BKS, which might not need to be liquidated in a few months.

The collateral also has to be smaller than 100% because of cold / hot wallet risk - handling liquid NBT or BTC is risker than keeping illiquid funds in cold storage. Even without collateral, losing funds will cost me the trust and reputation that earned me the uncollateralized custodianship to begin with, which we can assume is usually larger than the amount of the custodial grant. All in all, to me there is a gap between the potential risks and incentives, and I have not yet found an appropriate compensation level to adjust for that. Thereā€™s also the fact that Iā€™m not properly anonymous, so the risks are higher.

With only 31% of liquidity being on the buy side according to Coinerella, I am activating as a backup liquidity provider. I will use NuLagoon Tube to exchange exactly 32 BTC for approxiately 12,000 NBT.

Poloniex seems to have API issues atm.
ALix figures might be off because Bots canā€™t place their orders.

Donā€™t want to be a bummer again, but they seem to have only 2 BTC available on the buy side for the whole day.

1 Like

NuLagoon reported about 20k in BTC and 60k in NBT some time earlier, though I canā€™t use nud to confirm it at the moment. Weā€™ve kept dipping into the buy side lately and this calls for some caution. @assistant liquidity

Hi @dysconnect

The current total liquidity in the Nu network is:

Bid: 50313.6171 NBT (36.44%)
Ask: 87758.3859 NBT (63.56%)

It is broken down in the following manner:


Tier 1:
    Bid: 22619.5867 NBT
    Ask: 42924.8665 NBT

Tier 2:
    Bid: 3445.7 NBT
    Ask: 3196.5194 NBT

Tier 3:
    Bid: 24246.8304 NBT
    Ask: 41637.0 NBT

Very much like @nagalim Iā€™m really starting to question the place of NuLagoon in our liquidity operations. Their tube buy wall is dry for over 24 hours and they donā€™t seem to run any NuBotsā€¦
No wonder the NAV is so high for their costumers.

1 Like

100% it is not our job to rebalance NuLagoonTube. I am very much against the action @JordanLee has taken here.

Oh wow. I read it the other way around!

Balancing NuLagoon tube?! We pay 0.1% trading fee plus spread plus 5k/ month?

1 Like

and for what, exactly? They donā€™t even run nubots. Weā€™re getting middle-manned hard.

EDIT I was wrong here:

my nubot in polo has a lot of api connection errors! i thought i was responsible and i havenā€™t slept yet trying to manually restarting the bot!
I think that tube is the only ā€œexchangeā€ that cannot break the peg. please correct me if i am wrong.

Iā€™d like to point out that we do not have a problem with liquidity right now. If NuLagoonTube is not considered, everything in the network is balanced. The only issue we have right now is the friction that NuLagoonTube has created between T4 and T3, and the only remedy is to simply not use it.

1 Like

I am afraid I canā€™t agree that is the best idea.
NuLagoon Tube is an important exchange for NBT users and should be considered.

Since we are having some troubles to be responsive to manual requests at the moment, the best solution is to exploit the automatical plateform of the Tube.

Therefore, we decide to reduce transaction fee to 0 for FLOT and other known liquidity operators.

Effective immediately.

Henry

5 Likes

where is B&C and where is B&C and where is B&C :joy:

@assistant liquidity

"total" : {
    "buy" : 75159.1215,
    "sell" : 81192.84
},
"tier" : {
    "1" : {
        "buy" : 42056.9027,
        "sell" : 45273.1702
    },
    "2" : {
        "buy" : 8328.57,
        "sell" : 7134.6698
    },
    "3" : {
        "buy" : 24772.1488,
        "sell" : 28785.0
    }
},
2 Likes

@assistant liquidity

"total" : {
    "buy" : 68217.9162,
    "sell" : 68593.1621
},
"tier" : {
    "1" : {
        "buy" : 28973.1674,
        "sell" : 30737.3419
    },
    "2" : {
        "buy" : 13567.67,
        "sell" : 15069.8202
    },
    "3" : {
        "buy" : 25675.5788,
        "sell" : 22786.0
    }
},

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 0 NBT filled of maximum 20000 NBT ( 0% )
Bid order target 1173.36 NBT filled of maximum 20000 NBT ( 5.87% )

1 Like

Ask at Poloniex at zero? Bid at 3247 12638.
No liquidity at HitBTC.

Source: ALix Walls

What do?

@zoro, @masterOfDisaster: Status?

1 Like