Is the NU community willing to vote to increase the liquidity on HitBTC?
I have finally liberated my LP funds from Cyrptsy - at a loss through DOGE. But, praise the Lord, they are in my hands. So - I was hoping to put them back to work for Nu.
I propose setting up another NuBot to operate on HitBTC. I know NuLagoon is there, as is ModPuddle. ALix tells me there is 2K total liquidity, but I see ~2K on the sell and 5K on the buy.
BTdQH5QNHU1EHsbAxfbZfQpk9YRR8EDJfu 1 NBT
HitBTC Increased Liquidity - NuRiver Private
Strategy: Tight Peg
Spread After Fees: 0.5%
Liquidity volume: 2000 NBT
Bid/Ask target volume: 50%
Balancing bid/ask: at least each Wednesday
Balancing goal: each side between 45% and 55% of volume (preferred balancing method: seeded auctions)
Ask/Bid Reward Rate: 0.33%/day (not paid in advance)
Duration: 30 days
Operator Fee: 0 NBT
Initial Motion Grant: 1 NBT
End of term Funds: 198 NBT
Normally, I’d just throw the funds into one of the other pools, but I keep pushing HitBTC because I want it to grow.