FLOT NSR Operations (buy side)

[mhps]

Do you mean adding on top of the current 7,000,000 NSR sale at Poloniex, plus an auction?

Yes. The sales amount shouldn’t be more than one Standard.

Shall I create a transaction with 7.2 M NSR for Blind Auction NSR #3?

I think it is a good idea. Auctions have shown effectiveness.

[jooize]

To make sure I understand correctly …

• Auction should sell one Standard every week.
• Auction remainder if any is used for exchange sales. On top of the Standard or included with it?
• Exchange sales should be one Standard every week.
• Motions allow anyone to buy shares directly. I’d like this simplified so we can just sell large amounts of shares to those who request it, at a sensible price of course.

Does this mean we send 7.2 M NSR to Blind Auction NSR #3 and 0.2 M NSR to exchange sales?

---

FLOT NSR Multisig #1 only contains 5,624,913 NSR.

7.2 M NSR to Blind Auction NSR #3 and 0.2 M NSR to exchange sales

Amount: 7.2 M + 0.2 M NSR
Address: SWqGtyZvQoDVP8wV2HPMFcA5vK5pVBA3yh (@jooize)
Fee: 50 NSR

Signed 1 of 3-of-5

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

@dysconnect @masterOfDisaster @ttutdxh @woodstockmerkle

[cryptog]

Auction remainder if any is used for exchange sales. On top of the Standard or included with it?

I would say inside the Standard.

Amount: 7.2 M + 0.2 M NSRAddress: SWqGtyZvQoDVP8wV2HPMFcA5vK5pVBA3yh (@jooize)Fee: 50 NSR

By the way, what is the main reason why @mhps and me are excluded from signing?
Are there now 2 NSR groups?

[jooize]

It would have been better with you two instead of @dysconnect (quit) and @masterOfDisaster (gone).

Confirmed – 99.9+ Million NSR moved successfully.

I’d like to get the opinion of other FLOT members about creating a new multisig, especially as it pertains to who would make up the new FLOT for NSR operations.

[cryptog]

I think it is necessary to create another group.
FLOT has not been abolished (yet) as far as I am concerned.

[mhps]

Auction remainder if any is used for exchange sales. On top of the Standard or included with it?

My understanding is “included” as the driver for the limit is not to impact the NSR market. So the upper limit is a limit for the total to be sold per week.

Motions allow anyone to buy shares directly.

Strictly spreaking the total bought cannot result the reserve to exceed the T4 limit (121.97 btc).

Does this mean we send 7.2 M NSR to Blind Auction NSR #3 and 0.2 M NSR to exchange sales?

I think so.

By the way, what is the main reason why @mhps and me are excluded from signing?

I believe @masterOfDisaster make a mistake when he breated the address by using the nbt flot group’s keys. I think a #3 multisig address should be made using available members’ IDs, and the fund in #2 sig should be transfered to #3.

available members are @cryptog @jooize @mhps @Cybnate @woodstockmerkle @Dhume . @ttutdxh in order or frequency seen in forums.

[woodstockmerkle]

With the passage of the “Chief of Liquidity Ops” role and imminent allocation of shares to Phoenix, the network is moving in a direction that I disagree with.

As such I will be withdrawing myself from efforts related to Nu.

I will continue to fulfill FLOT duties; however, once all funds are moved to multisigs that do not include me, I will resign from FLOT.

Please exclude me from the list of candidates for any new multisig.

[mhps]

With the passage of the “Chief of Liquidity Ops” role and imminent allocation of shares to Phoenix, the network is moving in a direction that I disagree with.

As such I will be withdrawing myself from efforts related to Nu.

I will hold off my judgement until not only I hear what @Phoenix speaks but what he does.

[MaVo]

I highly appreciate your decision. You are among the very few that do not belong to the fucking lemming group, thanks!

[woodstockmerkle]

Signed 2 of 3-of-5

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

Verify

[masterOfDisaster]

It would have been better with you two instead of @dysconnect (quit) and @masterOfDisaster (gone).

Just to let you all know: I’m not gone.
But I can’t contribute anything more to this farce.
Nu failed and not only economically.
Maybe it failed least economically.

Do you still believe the sponsor who paid for the Peershares development is an entity different from JordanLee?

Don’t you wonder why so few customers from NuLagoon complain? Do you think henry is someone different from JordanLee?

Does anyone think phoenix isn’t JordanLee?
JordanLee doesn’t need to provide accounting from the early days of Nu, but phoenix can play chief of liquidity whatsoever?

I gave a lot and more for the success of Nu.
I won’t give anything more.

If you want to make a provably JordanLee free fork (haha, how to prove that if nobody knows JordanLee?) that’s actually based on revenue, I would happily join with the same devotion and tireless efforts to make it succeed - just in case someone can make use of my abilities.

For the time being I’m watching from time to time.
But I’m not gone.

[MaVo]

Again, another highly appreciated personality that is not a fucking lemming. This forum is getting better! Thanks @masterOfDisaster!

[MaVo]

I’d love to see the party for Jordan Lee being over! I’ll spend the Champagne!

[Cybnate]

@mavo Can we please stay on topic? We have a number of other threads where you can discuss JordanLee.
Just trying to keep a bit of structure here for those who will have to plough through this later.

[jooize]

Blind Auction NSR #3 will not begin until I’m provided with 7.2 M NSR.

Members of FLOT NSR Multisig #2 group have not signed or objected within their 36 hours of response time. We obviously need to restructure FLOT NSR.

---

@Phoenix sent me 7.2 M NSR. Auction will start soon.

[dysconnect]

signed 3 of 5

verify

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

Note that I did not verify the transaction beyond very basic sanity checks; this is little more than a rubber stamp.
I do not guarantee any signing activity apart from migration, which I can only offer on a best-effort basis; please also arrange for a migration to a new multisig address excluding myself.

[jooize]

Thank you! We should figure out a new FLOT formation soon.

I returned the 7.2 M NSR @Phoenix sent me. The 0.2 M NSR have been sent to Poloniex.

Nu Blind Auction NSR #3 is live.

[Phoenix]

Thank you very much FLOT NSR for funding auction #3.

[crypto_coiner]

We obviously need to restructure FLOT NSR

Looking forward to discussing that

[mhps]

Members of FLOT NSR Multisig #2 group have not signed or objected within their 36 hours of response time. We obviously need to restructure FLOT NSR.

FLOT members are allowed discretion. If they disapprove they should object (although this was not promised in their application for FLOT membership)