LiquidBits reporting overview to 6-Jun-15:
Liquidity provision averages by day:
19/05/2015 Average 19/05/2015 … 1.569774935 1176.682908
20/05/2015 Average 20/05/2015 … 0 … 1194.7256
21/05/2015 Average 21/05/2015 … 0 … 880.654336
22/05/2015 Average 22/05/2015 … 2.257234151 2843.971076
23/05/2015 Average 23/05/2015 … 28.05928668 2334.604321
24/05/2015 Average 24/05/2015 … 60.71785354 2424.062938
25/05/2015 Average 25/05/2015 … 44.13270417 2605.277237
26/05/2015 Average 26/05/2015 … 12.58655438 2678.987538
27/05/2015 Average 27/05/2015 … 27.13793352 2664.468943
28/05/2015 Average 28/05/2015 … 338.5365633 2336.052065
29/05/2015 Average 29/05/2015 … 473.3448066 2103.706379
30/05/2015 Average 30/05/2015 … 506.9711024 1135.858685
31/05/2015 Average 31/05/2015 … 517.6625768 1208.942379
1/06/2015 No data
2/06/2015 Average … 2/06/2015 … 634.3186706 637.9738955
3/06/2015 Average … 3/06/2015 … 609.580009 637.9367699
4/06/2015 Average … 4/06/2015 … 650.4063924 626.9187951
5/06/2015 Average … 5/06/2015 … 564.8471139 590.8461805
Grand Average period…251.7485524 1672.862675
The master Excel file for the above data with Liquidity provided by the minute can be downloaded here
Data before 19/5 is available but unstructured and due to the issues in that period has large gaps unfortunately and therefore hard to parse automatically. Please leave me a PM if you are interested in the raw logs as I do need to anonymize them before releasing. The log of 1/6 was also incomplete and therefore difficult to parse due to an issue causing a manual payout.
Total grant LiquidBits (-/- fee): 1,500 NBT
Total payouts to date: 144.7057 NBT (including manual payouts)
Remaining: 1,355.2943 NBT
I’m also glad to report that the pool is finally getting stable and automatically pays out every 24h and that the logging is also stable. Hope to produce some nice charts later on when we have some scripts.
Going forward and extending the timeframe
Given the many outages and probably because of that the relatively low participation, I’m extending the ‘test period’ with another 30 days under the same conditions as the motion in first post. As the total payout to date is minimal, I will cover any payout during this period from my fee where it exceeds the remaining funds. Basically giving away a free ride to the Shareholders for all liquidity provided in the first 30 days. I think that is appropriate as the performance was under par, although not always in my control though.
EUR/NBT and USD/NBT pairs on CCEDK
Arguably the safest deal as no or almost no hedging risks, only exchange default risk here.
Please take note of CCEDK’s offer advertised here: CCEDK signs bank agreement - Zero deposit fees on USD, EUR and CNY next two months. No deposit fees on USD, EUR and CNY for the next two months June and July. There is still plenty of space to participate on both the NBT/USD and NBT/EUR pairs on CCEDK on both sell side and buy side. Interest rate on both pairs continues to be 0.33%/day on both buy and sell side
BTC/NBT pair on Bitcoin.co.id
Proven exchange with good track record, but you will have the hedging risk with BTC, therefore a higher compensation is warranted on the BTC sell side. Also places left here on both sell and buy side. This exchange is our third largest on average with regular, albeit relatively small trades.
Interest rate is 0.38% on sell side and 0.28% on buy side. Why not try it? The compensation for the equivalent of 500 NBT in BTC on sell side after 20 days would be 7.6% = 38 NBT. These offers usually won’t last long!
Want to join the pool?
The instructions to get started on the LiquidBits pool, FAQs and more details are available here:
And please remember:
Don’t risk more than you can afford to lose!