Discussion: Creation of the first liquidity group pool by KTm or Jamie

henry · February 25, 2015, 9:38am

Can I propose to manage a liquidity group pool? I am capable of the Nubot operation, but unsure with that people will trust me with their fund.

peerchemist · February 25, 2015, 9:54am

Nobody should trust anyone, there is no need for that. System must implemented in such way to make theft and mismanagment imposible.

henry · February 25, 2015, 10:01am

Liquidity group pool means participants trust the manager with their fund, they get paid but don’t need to run the nubot . Am I right?

tomjoad · February 25, 2015, 4:58pm

Yes, absolutely you should make a proposal. It will be up to individual shareholders or users if they want to trust your pool, but there’s no reason why you shouldn’t attempt it. We need people willing to manually run liquidity group pools until automated solutions are created.

Yes that is correct.

cryptog · February 26, 2015, 7:21am

Looking forward to your proposal.

woolly_sammoth · February 27, 2015, 8:35am

@Henry. Well done for stepping forward, I look forward to seeing your proposal.
I would be interested in developing some automated tooling to assist with your, and future, pools.
I’d be interested to hear about the ideas that @peerchemist has around multisig and how best to implement that in an easy to use and understand fashion.

(One small request. If you haven’t already got a name for your proposed liquidity pool, would you consider ‘The Nu Lagoon’?)

cryptog · February 27, 2015, 8:58am

That is a nice name, evoking peacefulness after the tempest we went through over the past 10 days.