Decentralized long term USNBT purchase and burn program

nalada · May 8, 2021, 1:47pm

There could be hope if the team at least clarify few issues:

Peg mechanism. What really cause that peg was broken (in 2016 for few months and now since march 2018 so over 3 years).
What changes were implemented so it will not broke in the future.
What has been done to add nubits on more exchanges.
Was nubits anytime audited by any reliable party?
Any future development plans (stablecoins have now bridges, possibility to move them between blockchains and much more defi features).

smooth · May 10, 2021, 2:45am

Weeks 92/104 & 93/104 (combined)

NBT purchased: 58390.64
BTC spent: 0.39593271
price/BTC: 0.0000678
price/USD: 0.399

burn txid 1db0d33d5fefe941054919eb670383c23d8e85cb394c47ca461503beb852d771

smooth · May 16, 2021, 8:55am

Week 94/104

NBT purchased: 34073.68
BTC spent: 0.19796861
price/BTC: 0.0000581
price/USD: 0.284

burn txid 6697a9b431f7c032d35d7b5435b0a1448ccdda07bff39ec420f02842075fb250

smooth · May 26, 2021, 7:27am

Week 95/104

NBT purchased: 28836.41
BTC spent: 0.19796861
price/BTC: 0.0000687
price/USD: 0.278

burn txid 6dfffdd049d9e0e1b24608e770360b80a9e590856c14d62472cf1f70fd6972bf

Running slightly behind schedule, will look to make up time in upcoming weeks.

smooth · May 28, 2021, 8:58pm

Week 96/104

NBT purchased: 24401.29
BTC spent: 0.19796861
price/BTC: 0.0000811
price/USD: 0.287

burn txid 6ad992ee268a09968f806811e396739cf561a7b41e134b4d554cb16aac66fbb5

Week 97/104

NBT purchased: 21376.74
BTC spent: 0.19796861
price/BTC: 0.0000926
price/USD: 0.349

burn txid d1867ce55e24019fb10988eb522c354e788aefb41832d69e818780ab710da2f4

Week 98/104

NBT purchased: 14148.41
BTC spent: 0.19796861
price/BTC: 0.0001399
price/USD: 0.547

burn txid 11740dee3f3001baca86264c116d2c87097b1b1373fcc94de9577eef0656ea17

Week 99/104

NBT purchased: 16563.77
BTC spent: 0.19796861
price/BTC: 0.0001195
price/USD: 0.391

burn txid 5e6e4e416e98429ed5975de0200c820a18055c6d5a58e67a02cddb6160d0d3cc

Week 100/104

NBT purchased: 16776.26
BTC spent: 0.19796861
price/BTC: 0.0001180
price/USD: 0.408

burn txid 7e0d3db22b12a9637bf3a96fb8e31dd7b5cb2fe694d0b692e24860f0be3165fd

njswider · August 19, 2021, 3:07am

Any update?

Sentinelrv · September 2, 2021, 9:19pm

No communication for weeks now. I wonder what happened.

njswider · September 23, 2021, 5:13pm

Still no update here?

smooth · September 28, 2021, 4:59am

I have had another pressing matter to attend to and wasn’t able to pay attention to this for a while. I expect to be able to reengage in some manner in a few weeks.

smooth · September 30, 2021, 7:03am

To clarify, I’m not a team member, just an investor/user. I have no idea what the team members are or aren’t doing.

Michelle · November 2, 2021, 12:29pm

Please resume burn programm

Sentinelrv · November 14, 2021, 10:55pm

@Phoenix do you have any idea what is going on or if things will get back on track?