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.
Strictly spreaking the total bought cannot result the reserve to exceed the T4 limit (121.97 btc).
I think so.
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.
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.
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.
At the present time, liquidity in NSR is exceptional. We ought to take advantage of the opportunity by making 7 million additional NSR available on Poloniex. This will boost our reserves and our NuBit purchase program. FLOT NSR, will you transfer 7 million NSR to @jooize’s Poloniex deposit address, please?
Alternatively, I could fund @jooize’s Poloniex address as a regular practice (it is easier for me to do it), and have FLOT NSR top up my NSR address (SUrJhmYVeNThoG6oFWjY9pMawRJ3iCTHCq) to 20 or 25 million once it falls below 10 million. Which would FLOT NSR prefer?
FLOT has shown that it worked well when the amount and time for the fund are known in advance by several days. If it can be agreed that every week a Standard is sold and a Standard is auctioned according to calculation on Saturday, then I see no problem for the FLOT to release the fund to the executioner in time.
I will trust @Phoenix more once he establishes track record by proving that he can handle funds responsibly and transparently (reglar accounting report).