Changes:
Added the open source motion 6f361693a7b248730b41d4292f89dc6f6f166bc8 as posted here
The rational is that with the loss of two exchanges Excoin and BTER we need to add other exchanges (and LPCs). the only way to do that seems to go open source. I still think the risk of a copycat walking away with NuNet and investing in another instance is still large but the survival of NuNet weighs in more.
Has been a very difficult and emotional decision especially in the context of Shareholder(s) rigging votes for this motion. Had to set aside emotions and made the rational decision to set up the best environment for NuNet to survive.
Won’t say much about the Android custodial grant. Please check its thread for all the information.
Had to think about the motion to end the LPC operations. There is a risk that it would all go too fast and I would rather have seen a proposal winding it down over 2-3 months or so. Given the exposure of KtM and Jamie and the risks involved I still decided to vote for this motion
From now on I will support every grant providing at least 5k liquidity on the NBT/USD pair for at least 60 days on any of the supported exchanges. However new custodians will need to earn their reputation, so I wouldn’t vote for proposals with 100% fees in advance.
Updated OP accordingly.
Left the open source motion in the data-feed for now. Will remove it in next few days though now it is passed.
I think it is worth exploring a listing here. It might be easier for some people to provide liquidity on those markets and make a profit for themselves. I also like the decentralized aspect of it.
*1 I believe that this motion is more or less superseded by the passing of this motion which ends the LPC operations of KtM, JMiller. Therefore I have removed the vote.
Please check the first post for the current votes in this datafeed.
That leaves the datafeed without any motions or custodial grants.
Still voting for park rates (2.5% 3 months, 5% 6 months). On the fence on increasing it given the low liquidity on the buy side.
I think this is an excellent way to make it easier to provide liquidity without the administrative hassle for the liquidity provider. And they can jump in and out whenever they want without explanation to the Shareholders
Will evaluate the situation in the next 24h and assess whether further rate rises are appropriate.
I’m still puzzled why the rates were dropped in the first place. This feed has rates for a while now. Lacking use of NuBits as a currency except for hedging against BTC (in a bear market) begs to create demand in other ways.
Added: B6BqkZdb79W2CT79o84j1pqnhs1R3w3QsB,499
Following up on Creon’s liquidity provision and supporting this grant without hesitation.
Thanks for the excellent and well contracted service.
Thank you for the service you are doing to all shareholders, it is very useful and I understand it takes time to take responsible choices and keep the feeds up to date.