13-June-16 Re-activated the datafeed. Here are the latest updates:
Deleted motions:
6d76ce3ff163a3bd8cd8f43b7126a7670ec9d28a (withdrawn)
Deleted custodial grant:
BPACKiS7Q5wdishcEzabgXV8dRJJV1uXgt, 600 (passed)
Adding grant:
Snvrc5q82wfe2NjEjaQAyStpPKseWrsNqn, 100000000
Second deposit to FLOT NSR address (MoD)
Given the situation, I give my views here which will guide my datafeed from here on:
My view going forward is focus on auctions to remove NBT from the market and re-establish the peg. Other ways to remove NBT from the market are also welcomed. Idea is to build reserve and burn NBT as much as we can. Still on the fence whether that should be a $1 peg or e.g. $0.50. Once chosen it will be next to impossible imo to get back to $1 unless we are able to execute some very profitable business. I haven’t seen that proposal yet and I don’t want to get back into the same situation where we just slowly lose money on NBT/BTC pair and are exposed to exchange risks.
Sharing revenue with B&C is the most realistic option I can see, but I’m open to interim solutions which run break-even and have some exchange risk.