Because @jooize just burned nbt from last week’s auction, noy
649989.073700 NBT are outstanding.
Because @jooize just burned nbt from last week’s auction, noy
649989.073700 NBT are outstanding.
Nushares buyback calculation as of Sat Jul 9 01:15:10 UTC 2016
Get moneysupply from nud
"blocks" : 956778,
Total NBT = 1308057.1517
Uncirculating Nubits
Total NBT in circulation is 648673.529100 NBT.
Tier 4 Funds
bitfinex BTC mid price is 660.005 USD
btc-e PPC average price is 0.000605 BTC
Tier 4 buy side funds 25.742961 BTC, 0.000000 PPC, and $0.000000, valued $16990.482744 (25.742961 BTC)
Of the 648673.529100 NBT in circulation, 648673.529100 - 0.000000(NuSafe) = 648673.529100 NBT are outstanding.
15.00 percent of outstanding Nubits, 97301.029365 NBT (147.424685 BTC), are reserved and excluded from the share buyback calculation.
25.742961 - 147.424685 = -121.681725 BTC (16990.482744 - 97301.029365 = -80310.546621 NBT) are in the share buyback pool.
The Standard is 5.00 percent of this, -6.0841 BTC (~ -4015.53 NBT)
Standard < -2500: Sell 4015.53 NBT (6.0841 BTC) amount of NSR next week.
Auxiliary reserve flow is 0.666667
PPC Standard is -3243.367646 NBT
Standard x F (-2677.018221) < -1000: Sell -2677.02 NBT (4.0561 BTC) amount of PPC next week.
v0.10 use 100% reserve. show NBT price. Standard is much higher.
Nushares buyback calculation as of Sat Jul 16 00:01:04 UTC 2016
blocks":966583
Total NBT = 1271469.0029
Uncirculating Nubits
Total NBT in circulation is 612085.380300 NBT.
Tier 4 Funds
bitfinex BTC mid price is 665.52 USD
btc-e PPC average price is 0.000625 BTC
Poloniex NBT/BTC 0.00127939 $ 0.85146
The following calculations use 1 NBT = $1.
Tier 4 buy side funds 25.742961 BTC, 0.000000 PPC, and $0.000000, valued $17132.455172 (25.742961 BTC)
Of the 612085.380300 NBT in circulation, 612085.380300 - 0.000000(NuSafe) = 612085.380300 NBT are outstanding.
100.00 percent of outstanding Nubits, 612085.380300 NBT (919.709972 BTC), are reserved and excluded from the share buyback calculation.
25.742961 - 919.709972 = -893.967011 BTC (17132.455172 - 612085.380300 = -594952.925128 NBT) are in the share buyback pool.
The Standard is 5.00 percent of this, -44.6984 BTC (~ -29747.65 NBT)
Standard < -2500: Sell 29747.65 NBT (44.6984 BTC) amount of NSR next week.
Auxiliary reserve flow is 0.100000
PPC Standard is -3060.426901 NBT
Standard x F (-2974.764626) < -1000: Sell -2974.76 NBT (4.4698 BTC) amount of PPC next week.
How could you maintain 100% reserve when BTC price volatile? perhaps fluctuates around 50-150%.
by doing this according to Standard and Core and the 100% reserve motion :
Although how to sell that much (although 5% of shortage) without disturbing the market is a problem
@jooize and I are discussing details of how to implement an NSR sale plan that is compliant with the latest calculation. You will hear more from us soon.
However, it is reasonable and prudent to slow down the rate of NSR sales once the normal peg is recovered. This requires a passed motion to change, and I intend to advance a motion to do so, although I have not formulated the details of that yet.
This week’s required NSR sales are similar to what was actually sold over the past couple of weeks, so we will continue sales at about the same pace as they have been. Once peg is reached, I intend to lower the quantity of sales.
Nushares buyback calculation as of Sat Jul 23 00:17:59 UTC 2016
blocks":976515
Total NBT = 1271771.6552
Uncirculating Nubits
Total NBT in circulation is 602388.032600 NBT.
Tier 4 Funds
bitfinex BTC mid price is 649.165 USD
btc-e PPC average price is 0.000675 BTC
Poloniex NBT/BTC 0.00120000 $ 0.778998
The following calculations use 1 NBT = $1.
Tier 4 buy side funds 25.742961 BTC, 0.000000 PPC, and $0.000000, valued $16711.429050 (25.742961 BTC)
Of the 602388.032600 NBT in circulation, 602388.032600 - 0.000000(NuSafe) = 602388.032600 NBT are outstanding.
100.00 percent of outstanding Nubits, 602388.032600 NBT (927.942869 BTC), are reserved and excluded from the share buyback calculation.
25.742961 - 927.942869 = -902.199908 BTC (16711.429050 - 602388.032600 = -585676.603550 NBT) are in the share buyback pool.
The Standard is 5.00 percent of this, -45.1100 BTC (~ -29283.83 NBT)
Standard < -2500: Sell 29283.83 NBT (45.1100 BTC) amount of NSR next week.
Auxiliary reserve flow is 0.100000
PPC Standard is -3011.940163 NBT
Standard x F (-2928.383018) < -1000: Sell -2928.38 NBT (4.5110 BTC) amount of PPC next week.
Any idea about how many NSR we have in circulation right now?
its on the home page of the explorer or from getinfo
command.
it gives [ 1098952477] NSR but I am wondering if there are no NSR that are frozen somehow somewhere.
v 0.10.2
Nushares buyback calculation as of Sun Jul 31 00:22:53 UTC 2016
blocks":987993
Total NBT = 1250037.2904
Uncirculating Nubits
Total NBT in circulation is 580653.667800 NBT.
Tier 4 Funds
bitfinex BTC mid price is 654.025 USD
btc-e PPC average price is 0.00059 BTC
Poloniex NBT/BTC 0.00123435 $ 0.807296
The following calculations use 1 NBT = $1.
Tier 4 buy side funds 25.742961 BTC, 0.000000 PPC, and $0.000000, valued $16836.539839 (25.742961 BTC)
Of the 580653.667800 NBT in circulation, 580653.667800 - 0.000000(NuSafe) = 580653.667800 NBT are outstanding.
100.00 percent of outstanding Nubits, 580653.667800 NBT (887.815707 BTC), are reserved and excluded from the share buyback calculation.
25.742961 - 887.815707 = -862.072746 BTC (16836.539839 - 580653.667800 = -563817.127961 NBT) are in the share buyback pool.
The Standard is 5.00 percent of this, -43.1036 BTC (~ -28190.86 NBT)
Standard < -2500: Sell 28190.86 NBT (43.1036 BTC) amount of NSR next week.
Auxiliary reserve flow is 0.100000
PPC Standard is -2903.268339 NBT
Standard x F (-2819.085640) < -1000: Sell -2819.09 NBT (4.3104 BTC) amount of PPC next week.
[updated with working block chain data]
v0.11 add and use bitstamp last price for BTC/USD
Nushares buyback calculation as of Sat Aug 6 01:44:47 UTC 2016
blocks":996223
Total NBT = 1211837.7117
Uncirculating Nubits
Total NBT in circulation is 542454.089100 NBT.
Tier 4 Funds
bitstamp BTC last price is 578.00000 USD
btc-e PPC average price is 0.000625 BTC
Poloniex NBT/BTC 0.00124460 $ 0.719379
The following calculations use 1 NBT = $1.
Tier 4 buy side funds 25.742961 BTC, 0.000000 PPC, and $0.000000, valued $14879.431256 (25.742961 BTC)
Of the 542454.089100 NBT in circulation, 542454.089100 - 0.000000(NuSafe) = 542454.089100 NBT are outstanding.
100.00 percent of outstanding Nubits, 542454.089100 NBT (938.501884 BTC), are reserved and excluded from the share buyback calculation.
25.742961 - 938.501884 = -912.758924 BTC (14879.431256 - 542454.089100 = -527574.657844 NBT) are in the share buyback pool.
The Standard is 5.00 percent of this, -45.6379 BTC (~ -26378.73 NBT)
Standard < -2500: Sell 26378.73 NBT (45.6379 BTC) amount of NSR next week.
Auxiliary reserve flow is 0.100000
PPC Standard is -2712.270446 NBT
Standard x F (-2637.873289) < -1000: Sell -2637.87 NBT (4.5638 BTC) amount of PPC next week.
Nushares buyback calculation as of Sat Aug 13 03:17:04 UTC 2016
blocks":1006415
Total NBT = 1211991.5298
Uncirculating Nubits
Total NBT in circulation is 542607.907200 NBT.
Tier 4 Funds
bitstamp BTC last price is 581.86000 USD
btc-e PPC average price is 0.00061 BTC
Poloniex NBT/BTC 0.00116767 $ 0.67942
The following calculations use 1 NBT = $1.
Tier 4 buy side funds 25.742961 BTC, 0.000000 PPC, and $0.000000, valued $14978.799084 (25.742961 BTC)
Of the 542607.907200 NBT in circulation, 542607.907200 - 0.000000(NuSafe) = 542607.907200 NBT are outstanding.
100.00 percent of outstanding Nubits, 542607.907200 NBT (932.540314 BTC), are reserved and excluded from the share buyback calculation.
25.742961 - 932.540314 = -906.797354 BTC (14978.799084 - 542607.907200 = -527629.108116 NBT) are in the share buyback pool.
The Standard is 5.00 percent of this, -45.3399 BTC (~ -26381.46 NBT)
Standard < -2500: Sell 26381.46 NBT (45.3399 BTC) amount of NSR next week.
Auxiliary reserve flow is 0.100000
PPC Standard is -2713.039536 NBT
Standard x F (-2638.145541) < -1000: Sell -2638.15 NBT (4.5340 BTC) amount of PPC next week.
can you show the github link about the shell script ?
It’s https://github.com/mh001/buybackcalc
Just did a run
Nushares buyback calculation as of Sat Sep 10 13:21:34 UTC 2016
blocks":1047124
Total NBT = 1138994.8992
Uncirculating Nubits
Total NBT in circulation is 469611.276600 NBT.
Tier 4 Funds
bitstamp BTC last price is 622.63000 USD
btc-e PPC average price is 0.00053 BTC
Poloniex NBT/BTC 0.00158684 $ 0.988014
The following calculations use 1 NBT = $1.
Tier 4 buy side funds 25.742961 BTC, 0.000000 PPC, and $0.000000, valued $16028.339590 (25.742961 BTC)
Of the 469611.276600 NBT in circulation, 469611.276600 - 0.000000(NuSafe) = 469611.276600 NBT are outstanding.
100.00 percent of outstanding Nubits, 469611.276600 NBT (754.238113 BTC), are reserved and excluded from the share buyback calculation.
25.742961 - 754.238113 = -728.495153 BTC (16028.339590 - 469611.276600 = -453582.937010 NBT) are in the share buyback pool.
The Standard is 5.00 percent of this, -36.4248 BTC (~ -22679.15 NBT)
Standard < -2500: Sell 22679.15 NBT (36.4248 BTC) amount of NSR next week.
Auxiliary reserve flow is 0.100000
PPC Standard is -2348.056383 NBT
Standard x F (-2267.914685) < -1000: Sell -2267.91 NBT (3.6425 BTC) amount of PPC next week.
In three days there are ~400 nbt created as
becomes 5582.6446
Nushares buyback calculation as of Sun Oct 2 12:25:41 UTC 2016
Blockheight is set to 1078910
Moneysupply is set to 1139573.4754
Total NBT = 1139573.4754
Uncirculating Nubits
Total NBT in circulation is 500189.862800 NBT.
Tier 4 Funds
bitstamp BTC last price is 608.90000 USD
btc-e PPC average price is 0.000505 BTC
Poloniex NBT/BTC 0.00163659 $ 0.99652
The following calculations use 1 NBT = $1.
Tier 4 buy side funds 0.000000 BTC, 0.000000 PPC, and $0.000000, valued $0.000000 (0.000000 BTC)
Of the 500189.862800 NBT in circulation, 500189.862800 - 0.000000(NuSafe) = 500189.862800 NBT are outstanding.
100.00 percent of outstanding Nubits, 500189.862800 NBT (821.464711 BTC), are reserved and excluded from the share buyback calculation.
0.000000 - 821.464711 = -821.464711 BTC (0.000000 - 500189.862800 = -500189.862800 NBT) are in the share buyback pool.
The Standard is 5.00 percent of this, -41.0732 BTC (~ -25009.49 NBT)
Standard < -2500: Sell 25009.49 NBT (41.0732 BTC) amount of NSR next week.
Auxiliary reserve flow is 0.100000
PPC Standard is -2500.949314 NBT
Standard x F (-2500.949314) < -1000: Sell -2500.95 NBT (4.1073 BTC) amount of PPC next week.
Blockheight is 1153392
Total US-NBT = 1,136,548.86
Shareholder controlled US-NBT
FSRT singlesig
Balance of BFTnCyMX1nsTNp6X7Bcm1qVocvShdbwtMi is 151500 NBT
JordanLee singlesig
Balance of B5Zi5XJ1sgS6mWGu7bWJqGVnuXwiMXi7qj is 150000 NBT
JordanLee singlesig from liquidity ops
Balance of BT9AWq9r1i6kghZc6LtrvNb2wRFh7JLCdP is 34526.124 NBT
FLOT 3-of-5 multisig
Balance of BqyRzFtWXDmjxrYpyJD42MLE5xc8FrB4js is 303357.4886 NBT
Liquidity Operations
Balance of BJLmVRdGFi4q7Zidwzr4CPPsLT6pozR31a is 122287.506 US-NBT (corrected value is 66303.3857*)
Liquidity Operations
Balance of addresses listed here is 143465.96 US-NBT
Liquidity Operations
Poloniex balance is 73844.00 US-NBT
Liquidity Operations
Bittrex balance is 3018.66 US-NBT
NuLagoon
Balance is 27777.00 US-NBT
Total parked US-NBT is 9351.5746.
Total US-NBT in circulation is 117420.54. (corrected value is 173404.6603)
Reserves (in US-NBT)
Total Tier 1 reserves: 14199.89
Total Tier 4 reserves: 0
The primary reserves in tier 5 and 6 are undefined, but monthly liquidity of NSR is currently 291,209 US-NBT
We are required to have 56,986.82 (corrected value is 82,943.68) US-NBT in tier 1 through 4 reserves. This means that as soon as 42,786.93 (corrected value is 68,743.79) US-NBT is raised through NSR, US-NBT or CN-NBT sales on a combined basis, any additional funds raised can go to NSR buyback, less any additional reserve requirements or funds spent going forward.