Due to the very low overall buy side, a BTC deposit to the gateways seems to be appropriate.
16.5 BTC are already on the way to my gateway (although the tx isn’t complete and broadcast yet). I include that into the considerations as well as when picking inputs for the tx.
Based on a back of the napkin estimate, roughly $30k in BTC are required to bring the buy side above 40% of total liquidity.
$10k will be traded at NuLagoon Tube
$20k will be put into gateway accounts. @zoro and my account will receive the major part, because we have bigger withdrawal limits than @Cybnate
That’s an immense amount and introduces additional risk for Nu, but I have no clue how to elegantly treat the situation if not that way.
One alternative would be to have an executor buy NBT from the sell side and withdraw them to FLOT.
As that has not been done before, I’m going to create a BTC deposit tx.
Liquidity situation (please check - maybe my script is off!)
BTC deposit / trade tx
~$10k in BTC (24 BTC) to NuLagoon Tube
~$8k in BTC (19 BTC) to @zoro Poloniex gateway
~$8k in BTC (19 BTC) to @masterOfDisaster Poloniex gateway
~$4k in BTC (9.5 BTC) to @Cybnate Poloniex gateway
Signed 1 of 5/8
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Please check thoroughly - reasoning and tx!
As the buy side is that low, I’m paging
@cryptog, @Dhume, @dysconnect, @jooize, @mhps, @ttutdxh, @woodstockmerkle