FLOT BTC Operations (buy side)

It depends.
Shall Nu (FLOT, JordanLee, FSRT) take all care for balancing the Tube or is there some responsibity at an MLP, which is paid by Nu for that as well?

I think the more important the Tube gets, the more Nu needs to care - pretty much like it’s already the case for Poloniex.
So I might do that as well…

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I consider it within the responsibilities that FLOT regularly balances NuLagoon. Weekly or biweekly, and when necessary. The exact amount of funds available on NuLagoon Tube is in fact up to the operators of NuLagoon.

So balancing NuLagoon should be based on NuLagoon’s reported liquidity, retrieved using getliquidityinfo. It is not very appropriate for FLOT to react just based on the balance on NuLagoon Tube; for instance, if NuLagoon and Polo are balanced but NuLagoon Tube is not, this should not trigger a rebalancing of NuLagoon by FLOT.

Where does Tube get its liquidity from? NuLagoon?

Either from the NuLagoon pools or from a separate investment. I can only imagine from the pools. My imagination might be limited, though.

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Maybe 10 btc to @zoro gateway and ask for an nbt withdrawal from polo? Global liquidity is looking ask-heavy.

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Including the gateway funds it doesn’t look bad:

2 Likes

24 BTC to @zoro’s Poloniex dual side NuBot

Signed 1 of 5/8

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

Please verify and continue signing after @zoro withdrew 10,000 NBT to FLOT NBT address BqyRzFtWXDmjxrYpyJD42MLE5xc8FrB4js.
Alternative blockexplorer to investigate balance.

1 Like

Verified and signed

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
1 Like

Signed 3 of 5-of-8

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
1 Like

Do we need that much btcs?

At the moment the Nu funded bots play a significant role in the liquidity provision:

Liquidity; ALix T1 + gateways (poloniex dual side, numerous sell side):

The 24 BTC are a part of the balancing in which zoro withdrew 10,000 US-NBT to FLOT:

Signed 4 of 5-of-8

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

Verify

Verified and signed 5 of 5/8:

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

Broadcasted Txid: 735afc9eaff9b5b60e3a11617fe3913059d2558d3496736b674541bad0c9914f

Does it imply that zoro s gateway needs to buy 10k nbt?

It implies that the liquidity network wide is imbalanced and the gateways need to compensate the low bid side.

1 Like

The 24 BTC have been received :slight_smile:

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FLOT, expect 15 BTC from my Poloniex gateway account.
Tx to 1M3khPfXJreaFVbHab5XFEngwhbRh5Nxyi

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What does the above mean? To show a past tx?

a link to blockchain explorer

https://blockchain.info/tx/86492c475d8414e3172c0c7447ebaf0833a8fafcade5f9209ba0474813e4f370

I know that. But I suspect @masterOfDisaster was trying to post a sign’able tx.