FLOT NSR Operations (buy side)

[crypto_coiner]

At the present time, liquidity in NSR is exceptional

SELL ORDERS 42964769.46807655 NSR
BUY ORDERS 41.64500731 BTC
Due to the motion-authorized NSR sells + accrued number of traders selling?

[mhps]

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.

It’s not the 7m @jooize had received 4h ago? I am OK with selling a Standard and auctioning a Standard in a week.

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).

I would like to hear from other FLOT members @jooize @mhps @masterOfDisaster @dysconnect @cryptog and shareholders in general.

[crypto_coiner]

I will trust @Phoenix more once he establishes track record by proving that he can handle funds responsibly and transparently (reglar accounting report).

Can’t track properly of who is doing what with how much – we need a real-time cashflow and accounting dashboard that is not corruptible.

[mhps]

Can’t track properly of who is doing what with how much – we need a real-time cashflow and accounting dashboard that is not corruptible.

That is basically what custodian addresses are for. A problem is that you have to rely on transaction records submitted by fund handler to know what happened in exchanges.

[crypto_coiner]

I am too lazy to do the tracking myself.
As for the relying on fund handlers, you can perhaps use the reputed ones

[mhps]

This tx transfers all fund 92,599,810 NSR minus a 40NSR fee in the troublesome FLOT NSR #2 address Snvrc5q82wfe2NjEjaQAyStpPKseWrsNqn to the #1 SvtGbNjWE49pTM2TiUZrYKSNkxTJx75mmC whose signers are online more often

01000000ee917c5701642ba1d66ef8eef5d413533239bdc643131f7a0a6516066a55a0aa415e5ef3d202000000ad53210234139729dd413c84a71a0bfd6f236790be861b37311cef3240277c940e4b0c072102547427fc2ea3a0ab9ef70f5e1640ff5112b113f65696948f992bd0770b9425712102a144af74d018501f03d76ead130433335f969772792ec39ce389c8a23415525921034b0bd0f653d4ac0a2e9e81eb1863bb8e5743f6cb1ea40d845b939c225a1a80ff2103661a4370dfcfbcea25d1800057220f4572b6eecab95bb0670e8676a9e34451dc55aeffffffff0120aec999d700000017a9147077487df91c0166d33ee6079b0c2229788f6ac2870000000053

@jooize @dysconnect @ttutdxh @woodstockmerkle @masterOfDisaster please sign

[dysconnect]

signed

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

[jooize]

Signed 2 of 3-of-5

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

[jooize]

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?

Topping up seems smoothest for FLOT NSR.

It’s not the 7m @jooize had received 4h ago? I am OK with selling a Standard and auctioning a Standard in a week.

Those are for Blind Auction NSR #3. First received from @Phoenix, but then FLOT NSR came through, and I returned the 7.2 M NSR to @Phoenix.

Can’t track properly of who is doing what with how much – we need a real-time cashflow and accounting dashboard that is not corruptible.

All exchange trades will be published in spreadsheet format. Blockchain transactions are public.

I’d welcome a neat way to overview and label everything, but currently I don’t see a workflow for it that isn’t too much additional work for me.

@Phoenix has suggested hiring an accountant.

[mhps]

Those are for Blind Auction NSR #3. First received from @Phoenix, but then FLOT NSR came through, and I returned the 7.2 M NSR to @Phoenix.

I am fine with sending 7m to you then. but the #1 address that i can sign has less than 6m. I think you can start the auction process assuming that the the fund, although delayed, will arrive.

@Phoenix has suggested hiring an accountant.

I think Nu should have an accountant, a dev manager.

[crypto_coiner]

I think Nu should have an accountant, a dev manager.

Lets try and test that

[woodstockmerkle]

Signed 3 of 3-of-5

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

Verify

Broadcasted, tx id: 834946dee6953d7f80474ae76a130f487e69d3d0823ed689449294c8325bc3d2

Minted in 953189: https://blockexplorer.nu/transactions/834946dee6953d7f80474ae76a130f487e69d3d0823ed689449294c8325bc3d2

[mhps]

@jooize please provide nsr deposit address to polo sales and the amount (6.8m or 7m)?

[jooize]

Nu Poloniex NSR @jooize: SWxMEcQJmFpcQQug2SpA5ocZbpLVgta4tq

7 M NSR

[mhps]

Nu Poloniex NSR @jooize: SWxMEcQJmFpcQQug2SpA5ocZbpLVgta4tq

7 M NSR

tx for above addr and amount signed 1 of 3/5. verify

@cryptog @Dhume @ttutdxh @masterOfDisaster please sign or object

We should get an address which @jooize @woodstockmerkle and @Cybnate can sign

[cryptog]

Nu Poloniex NSR @jooize: SWxMEcQJmFpcQQug2SpA5ocZbpLVgta4tq
7 M NSR

tx for above addr and amount signed 1 of 3/5. verify

Verified and signed 2 of 3-5.

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

[Phoenix]

We have sold 15 million NuShares for 92 satoshis each. Full payment has been made in the amount of 13.8 BTC to @jooize. FLOT NSR, please send 15 million (15,000,000) NSR to the buyer’s specified receiving address:

STAr7sZxnfQ2FFYJr5gktn9i3Lg4SeGwBM

[jooize]

I’m holding the BTC in address 17zLAhmm9viDTmN5NqvLMBaGhkFivDVWHy.

[cryptog]

Nice but shouldn t every nsr/nbt sales be performed only on Polo?

[mhps]

FLOT NSR, please send 15 million

I am waiting @Dhume @ttutdxh @masterOfDisaster to sign the auction tx. if i make another tx now, both tx are from the same input, I think one of them is going to fail because one tx will have not enough input.