I will provide the compensation request for the last modPuddle term here as soon as @assistant is awake.
NSR holders might want to review the compensation for this liquidity operation.
Doing so they should keep in mind that while the compensation per USD is quite high I otherwise charge no (operator) fee.
For a total liquidity of 1,500 USD the compensation is 225 NBT, which is 15%. This “cost of liquidity providing per USD liquidity” is not much different from other small ALP.
From a technical view the term was great (again).
No NuBot outages needed to be fixed.
This term was financially speaking a good term and it resulted in a NAV of close to 1,700 USD (1011.21 NBT = 1011.21 USD; 1.61 BTC * 417 USD/BTC = 671.37 USD; total 1682.58 USD). The volatility losses of the previous month are mostly compensated by this term.
Here’s the grant request:
Proposal RIPEMD160 hash: 51c50149ec0182e469150e575328130e2e9eb047
=##=##=##=##=##=## Custodian Hash starts with this line ##=##=##=##=##=##=
Custodial Address: BJEERhCvKzSvGrgYVbhV8XcgZhP4i8SwGe
Amount Requested: 225 NBT
Operator: @masterOfDisaster
Type: NuBot
Exchange: hitbtc.com
Pair: NBT/BTC
Strategy: Moderate Peg
Spread After Fees: 1%
Liquidity volume: 1,500 NBT
Bid target volume: 50%
Ask target volume: 50%
Balancing bid/ask: at least each Wednesday
Balancing goal: each side between 45% and 55% of volume
Bid Reward Rate: 0.5%/day (pay back for 2015-11-11 to 2015-12-11)
Ask Reward Rate: 0.5%/day (pay back for 2015-11-11 to 2015-12-11)
Duration: 30 days
Operator Fee: 0 NBT
Total Grant: 225 NBT
Rollover from term 1 grant : 0 NBT
Requested compensation: 225 NBT
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