masterOfDisaster's Nu datafeed - BETA

NuShares Data Feeds
#1

Charter masterOfDisaster’s Nu datafeed - BETA

This is a shameless copy of @Cybnate’s data feed with some alterations…
Here is the information to subscribe to my experimental datafeed. Please take note of the disclaimer at the bottom before subscribing. The URL needs to be added to the standard B&C client.

Source of the data feed & adding it to the client

Prefer to copy and paste just once? Try this. Open the debug window of your client and paste all the text in the quote below into it and press enter to subscribe instantly to this datafeed:

setdatafeed "https://raw.githubusercontent.com/Lamz0rNewb/NuNet-datafeed/master/masterOfDisaster.json" "https://raw.githubusercontent.com/Lamz0rNewb/NuNet-datafeed/master/masterOfDisaster.json.txt" SSXTF25kp1n7KWTYnMdouN3Lv6h5qkWWKp

For Raspberry Pi (or other headless clients) datafeed subscription you can use this:

nud setdatafeed "https://raw.githubusercontent.com/Lamz0rNewb/NuNet-datafeed/master/masterOfDisaster.json" "https://raw.githubusercontent.com/Lamz0rNewb/NuNet-datafeed/master/masterOfDisaster.json.txt" SSXTF25kp1n7KWTYnMdouN3Lv6h5qkWWKp

Documentation on how to add a datafeed to your client can be found here: http://docs.nubits.com/v1.0/docs/using-a-data-feed. If you don’t like parts of the vote you can untick them and add your own vote manually. Subscribing to this data-feed will overwrite any votes you had set in case you have ticked all the boxes in ‘Part of the vote to update’.

###Charter
This charter describes the process on which fees, grants, motions or park rates will be included will be included. As it is impossible to foresee each scenario I can only give some guidance on how I would vote. I may add further guidance on my voting strategy or intentions in this charter in this thread.

I will endeavor to assess draft motions and draft custodial grants once posted. When they are published for voting, and I’m in favor I will aim to add them within 48 hours after the publication to the datafeed. In this thread I provide details about why items are being removed and added. The dates are of the day when the grant or motion was added to the feed which might differ from the day the grant or motion was published on the forum.

###Changes
When you have added the Signature URL you will be notified by the client of any changes to the datafeed.The actual datafeed can be looked at here: https://github.com/Lamz0rNewb/NuNet-datafeed/blob/master/masterOfDisaster.json. Any changes can be viewed here: https://github.com/Lamz0rNewb/NuNet-datafeed/commits/master. I will try to provide clear descriptions. The last change is always on top. When the description of the changes is not clear you could click on the description and see the actual changes I made shaded in red.
This is clearly not the most intuitive interface, but it will have to do for now, till we find something better.

###Disclaimer
This data-feed is provided free of charge. To the full extent permissible by law, I disclaim all responsibility for any damages or losses (including, without limitation, financial loss, damages for loss in projects, loss of profits or other consequential losses) arising in contract, tort or otherwise from the use of this data-feed or inability to use this data-feed, or from any action or decision taken as a result of using this data-feed.

5 Likes
Wake up Shareholders! Raise Park Rates Now or FLOT Will Need to Start Selling NuShares to Increase Reserves!
#2

I’m aware that providing a data feed and being FLOT member poses the risk of putting too much power into the hands of few,
That was one of the reasons why I shied away for some time.
Plus it’s and additional reponsibility.

Now I think NSR holders shall decide whether they want to bear that risk, because the benefit of delegating even more power is to be more agile in times when decisions need to be made.
Whether they are for the good or the bad is sometimes hard to decide beforehand. Some level of discretion is necessary to be capable of acting in unforeseen situations
NSR holders are welcome to create a framework that limits the discretion of FLOT by providing thresholds and rules that guide their actions.

Looking at the recent events and the lack of timely NSR holder reponse I hope to increase their willingness to subscribe to data feeds once there are plenty of them.
3 was not enough and 4 still isn’t.

1 Like
#3

A detailed explanation of the adjustments will follow.
I won’t provide such a detailed explanation for all updates of the data feed, but as there’s not much experience with park rates and how they affect the market, I wanted to make sure this updated gets accompanied with a reasoning for it.
It’s necessary to have that reasoning to be able to learn from it for future situations.

I adjusted the park rates to:

                {
                    "blocks" : 16384,
                    "rate" : 0.00996821
                },
                {
                    "blocks" : 32768,
                    "rate" : 0.00996821
                },
                {
                    "blocks" : 65536,
                    "rate" : 0.00996821
                },
                {
                    "blocks" : 131072,
                    "rate" : 0.00996821
                },
                {
                    "blocks" : 262144,
                    "rate" : 0.0
                }

That translates to:

32% @ 11.5 days
16% @ 23 days
8% @ 1.5 mo
4% @ 3 mo
0% @ 6 mo

as proposed here: Park Rate Voting

I can follow the logic that this way the total cost per parked NBT stays the same.
While one can argue that a longer parking duration “buys Nu more for the money”, I consider the advantages of a more agile liquidity steering predominant.
So you might as well have a better steering insrtument (shortest meaningful parking durations) instead of trying to freeze NBT as long as possible for the money.
After all NBT are meant to be used for transactions; don’t let them be parked for longer than necessary!
Parking them costs Nu money.

At all I see no use of long parking intervals as it’s my belief that parking can only be meaningful to buffer (=reduce supply temporarily) short-term lack of NBT demand.
The preferred short term reduction of NBT supply is sale from T4 buy side reserves; alas, the T4 reserves start to run dry.
Mid term to long term oversuppy of NBT can only be reduced by selling reserves T6.

As I consider the current decrease in NBT demand being associated with the upcoming BTC coinbase reward halving (short term effect; traders speculating upon rising BTC prices and selling their NBT for BTC), I suppose an incentive for a maximum parking duration of 3 months makes sense. The coinbase reward halving will happen around mid of July.

I expect to recover demand for NBT later this year and prefer park rates to BTC/NSR sale at the moment.

2 Likes
Park Rate Voting
Park Rate Voting
Park Rate Voting
#4

2016-04-25 update

Custodial grants
add BLiquidBuES84tcMsSC2Z6Cebus6Kf7B5x, 631
del BEuimmeoME52rKhiuiXvGBoTKP8r5fPwrp, 4760 (passed)

Park rates
unchanged

Motions
unchanged

Fees
unchanged

#5

2016-04-25 update 2

Custodial grants
add B9gXptkoqAApF3AFrQyhUbhSzvuEudxupt, 90

Park rates
unchanged

Motions
unchanged

Fees
unchanged

#6

2016-05-01
Custodial grants
del BDjdqcmTXjeWFtXCFC6j3GjcbPwBDu4c7k, 328.0 (passed)

Park rates
unchanged

Motions
add Encompassing NuLagoon Contract
9d3538c6e95e0cfeae7afeeb5e82874a25040276
https://daology.org/proposals/d9fee1a6617a7f0201afc61bc61f548b98bcb62d

Fees
unchanged

#7

2016-05-01
Custodial grants
del BJ8vw82j8CTQwzi4QLocyddkgVtPkrcHXz , 4000 NBT; NuBox (peerbox port): (passed)

Park rates
unchanged

Motions
unchanged

Fees
unchanged

1 Like
#8

2016-05-03

Custodial grants
unchanged

Park rates
24% @ 11.5 days (before 32%)
12% @ 23 days (before 16%)
6% @ 1.5 mo (before 8%)
3% @ 3 mo (before 4%)
0% @ 6 mo (before 0%)

Motions
unchanged

Fees
unchanged

1 Like
Park Rate Voting
How is Nu prepping for Bitcoin halving?
#9

2016-05-08

Custodial grants
del BDroid6QBUXXt7QFD51BixZzmEgwmTBMNX , 16000 NBT; NuDroid upgrade v5 (passed)
del BLiquidBuES84tcMsSC2Z6Cebus6Kf7B5x , 631; LiquidBits (ALPv1) Term 8 (passed)
del B9gXptkoqAApF3AFrQyhUbhSzvuEudxupt , 90; perator fee for masterOfDisaster dual side NuBot at Poloniex (passed)

Park rates
unchanged

Motions
del 3867806079bb45338c233ebd3dd364f40df69334 (passed)
del 392b89104ac63202baa11df9b4844db5f91532ed (passed)

Fees
unchanged

#10

2016-05-08

Custodial grants
removed - I realized that I recently received a new liquidity broadcast address…

Park rates
unchanged

Motions
add b59c750a307160b4f1cb5bedfd6027e17b5a0ab4
Motion dual side NuBot gateway at Poloniex by masterOfDisaster

Fees
unchanged

#11

2016-05-11

Custodial grants
add BACKPAcVxFXfRXCmUBFWZjcAw79ZyJAAUA, 400; OSX builds - @backpacker

Park rates
unchanged

Motions
add f1a5bee323f6f3100e962ad41a0e9f9678930500
Motion Dual side Nubot gateway in Poloniex @zoro - term 3

Fees
unchanged

[Passed] Proposal for creation of macosx builds
#12

2016-05-16

Trying to create some mid-term demand for NBT by park rates during the upcoming BTC coinbase reward halving, I thought about having park rates that provide an incentive for parking between 1.5 and 6 months.
This is not in line with my general thinking about park rates. In general I prefer NSR sale to park rates if the lack of demand is a structural one.

In the current situation a lack of NBT demand might occur, if the BTC rate is on the rise because of the coinbase reward halving.
If that steady rise not going to happen, an alternative market reaction might be an increased volatility.
This volatility could lead to more demand for NBT, thwarting the idea of increasing park rates.
The good thing about an increased BTC volatility is that only few traders will prefer parking to trading swings. So the incentive to park at an APR of a few percent is not that high.

Long story a little bit shorter:
I hope to introduce an incentive for mid term parking NBT if a lack of demand arises caused by an increased BTC rate or volatility during the BTC coinbase reward halving while having no or little drawbacks.
The only situation in which the park rate would be wasted money is a surge of NBT demand caused by dwindling BTC rates.
As I can’t assess the likelyhood of that, I can only say:
in two of three scenarios (rising BTC rate, increased BTC volatility) the poposed park rates might be beneficial or at least not harming.
In one scenario (BTC rate declining) the proposed park rate is a waste of money.

Custodial grants
unchanged

Park rates
0% @ 11.5 days (before 24%)
6% @ 23 days (before 12%)
12% @ 1.5 mo (before 6%)
16% @ 3 mo (before 3%)
8% @ 6 mo (before 0%)
4% @ 12 mo (before 0%)

Motions
unchanged

Fees
unchanged

#13

2016-05-18

Custodial grants

  1. ADD NuLagoon custodian fee request from 15 Apr to 12 May 2016 - henry
    B5HupPg3ELbuaz4cuuGNoxREuVKJPZTToa, 4760.00 NBT
    [Passed] NuLagoon custodian fee request from 15 Apr to 12 May 2016

  2. ADD Dual-side passive PyBot for Poloniex and Bittrex - Cybnate
    BPyBotXoVMiAFWLwcxRpSntP9oe2NGYPtE, 129 NBT
    [Passed] Dual-side passive PyBot for Poloniex and Bittrex

Park rates
unchanged

Motions
unchanged

Fees
unchanged

#14

2016-05-20

Custodial grants

  1. DEL [Passed] OSX builds - @backpacker
    BACKPAcVxFXfRXCmUBFWZjcAw79ZyJAAUA, 400 NBT
    https://daology.org/proposals/7886a5b66cc19fa3d862d92c3cad25c0917afb69

Park rates
unchanged

Motions
unchanged

Fees
unchanged

1 Like
#15

2016-05-22

Custodial grants

  1. ADD Back pay for nubot gateway term 2 by @zoro
    B9Uid7z3hKczGAKT2QxjYQ1yetVK4gz9Mi, 249 US-NBT
    [Passed] Back pay for nubot gateway term 2 by @zoro

  2. ADD NuPool 9
    [Passed] NuPool 9
    BRsLYtJhPhz7QdkKK54HkoizUrNk64wFwf, 1280

  3. ADD Nusafe payment first operating period
    BTBeS9ezRDm7hWABXLM6WpTSVeH8Ec2FBd, 900
    [Passed] Nusafe payment first operating period

  4. ADD NuPond Term 11
    BF46YvCKsppCC8eDD55FKeaWQa6nbK7BUx, 806 NBT
    [Passed] NuPond Term 11

Park rates
unchanged

Motions

  1. DEL 9d3538c6e95e0cfeae7afeeb5e82874a25040276 (passed)
    https://daology.org/p/d9fee1a6617a7f0201afc61bc61f548b98bcb62d

  2. DEL f1a5bee323f6f3100e962ad41a0e9f9678930500 (passed)
    [Passed] Motion Dual side Nubot gateway in Poloniex @zoro - term 3

  3. DEL b59c750a307160b4f1cb5bedfd6027e17b5a0ab4 (passed)
    [Passed] Motion dual side NuBot gateway at Poloniex by masterOfDisaster

Fees
unchanged

1 Like
[Passed] NuPool 9
#16

2016-05-24

Custodial grants

  1. ADD Proposal to run nuexplorer instance - backpacker
    BPACKiS7Q5wdishcEzabgXV8dRJJV1uXgt, 600
    [Passed] Proposal to run nuexplorer instance

Park rates
unchanged

Motions
unchanged

Fees
unchanged

[Passed] Proposal to run nuexplorer instance
#17

2016-05-25

Custodial grants
unchanged

Park rates
unchanged

Motions

  1. ADD Fund liquidity provider profitability experiment - by muchogusto to
    29d364f8677c7c955d423747fcf5005fd00f2e6b
    [Voting] Fund liquidity provider profitability experiment

Fees
unchanged

#18

2016-05-25

Custodial grants
unchanged

Park rates
unchanged

Motions

  1. ADD Dual side gateway at hitBTC by masterOfDisaster
    c178a7fcd6941ae8845bdd286eef3130460eaab3
    [Passed] Dual side gateway at hitBTC by masterOfDisaster

Fees
unchanged

#19

2016-05-25

Custodial grants
unchanged

Park rates
unchanged

Motions

  1. ADD 1% Maximum Spread for ALP/MLP, Above 1% Allowed for Nu Funded Liquidity Operations (e.g. Gateways) - masterOfDisaster
    bd4d153bb5c2d8cd6013b77ad8780eabc7bae79e
    [Passed] 1% Maximum Spread for ALP/MLP, Above 1% Allowed for Nu Funded Liquidity Operations (e.g. Gateways)

Fees
unchanged

1 Like