Good Morning Shareholders.
The new operation of NuPool is now live on Bittrex and Poloniex. The updated server has run successfully overnight with a few users and not reported any issues.
It is recommended that you use the newest client to operate on NuPool. This can be found here https://github.com/inuitwallet/nu-pool
The biggest change to the client is the addition of a pool.conf.json file and a new python script called run_client.py. This is provided to allow a quick way to run clients on both Bittrex and Poloniex simultaneously.
The pool.config.json file looks like this:
[ { "server" : "eu.nupool.net", "exchange": "bittrex", "unit": "btc", "address": "xxx", "api_key": "xxx", "api_secret": "xxx", "bid_interest": 0.001, "ask_interest": 0.001, "bot": "pybot", "order_match": true }, { "server" : "eu.nupool.net", "exchange": "poloniex", "unit": "btc", "address": "xxx", "api_key": "xxx", "api_secret": "xxx", "bid_interest": 0.001, "ask_interest": 0.001, "bot": "pybot", "order_match": true } ]
simply fill in your payout address and api key and secret to the appropriate sections and then run the run_client.py script. This will start a client on both Bittrex and Poloniex using the supplied values.
If you only want to run a client on one or other exchange, you can use the existing pool.conf method found in the unix or windows folders of nu-pool.
It is also worth mentioning that the order_match parameter now defaults to True if not specified. This setting will instruct your client to place bid or ask orders even if it will clash with an existing opposite order on the exchange. In practise this means that your client will buy NBT that are available at 5% cheaper than the determined $1 value or sell them to bid orders that are 5% higher. It will also prevent the liquidity from getting āstuckā when such orders exist.
A quick reminder of the Pool targets and payouts:
- Targets of 17,500 NBT on each side of each exchange (35k per exchange, 70k in total)
- Max daily rate of 0.3% or 9% per month
As stated in the grant proposal, the main aim of this run will be to attract users from outside of Nu to provide liquidity or become pool operators. Work has already started on a website https://nupool.net/ and community outreach will begin in earnest tomorrow.
Thank you again for voting for this grant.