Round three
Providing the gateway with funds:
20 BTC were sent from FLOT to the gateway and credited by Poloniex on 2016-01-09 00:03:30 UTC.
The funds weren’t automatically put in buy side orders by NuBot, because the BTCUSD price didn’t move enough to trigger a wall shift
NuBot was manually restarted and places now orders (first 7 hours size 2,000 USD, recently increased to 3,000 USD, automatically replenished when consumed by more than 90% for over 15 minutes).
Status at 2016-01-09
no BTC have been traded so far
Status at 2016-01-10
0.724 BTC have been traded for 326 NBT; 19.276 BTC remaining
Status at 2016-01-11
19.982 BTC have been traded for 8,911 NBT; 0.018 BTC remaining
6,800 NBT have been withdrawn to FLOT NBT multisig address BqyRzFtWXDmjxrYpyJD42MLE5xc8FrB4j
2,111 NBT wait for the reset of the daily withdrawal limit to be withdrawn to the FLOT NBT address.
Status at 2016-01-12
2,111 NBT have been put on order due to this event:
and have been traded for 4.7 BTC.
The gateway is currently suspended.
Using the 2,111 to support the sell side needs to be discussed as it was a violation of the terms of the buy side gateway.
I did it in all conscience, but still think that requires consequences in one way or another.
I will get back to this topic later.
Status at 2016-01-16 (retroactive entry)
Situation dire, 4.7 BTC put on order, but due to the immense buy side lasted not long.
BTC price rollercoaster made it hard to keep the peg. The story is partially tracked beginning here: Current Liquidity
Status at 2016-01-17 (retroactive entry)
50 BTC were sent from FLOT to the gateway and credited by Poloniex on 2016-01-17 03:47:34 UTC.
Currency Amount Address Date Status
BTC 50.00000000 1M3khPfXJreaFVbHab5XFEngwhbRh5Nxyi 2016-01-17 03:47:34 COMPLETE
The total of 54.7 BTC were used to support the buy side.
NuBot was changed from gateway mode to dual side mode to create a buffer layer until T3 custodians and fixed cost reward scheme could improve liquidity provision.
This is noticed as another violation of the terms, but a motion to legitimate dual side NuBot operations on Poloniex has been created.
Status at 2016-01-18
11,915 NBT on sell side (2,000 on order book)
24.2 BTC ($9,317) on buy side ($2,000 on order book)
Status at 2016-01-19
11,915 NBT on sell side (2,000 on order book)
24.2 BTC ($9,317) on buy side ($2,000 on order book)
Status at 2016-01-20
14,868 NBT on sell side (6,000 on order book; parametric order book working again!)
1.9 BTC on buy side ($779 on order book)
5,000 have been withdrawn to FLOT NBT multisig address BqyRzFtWXDmjxrYpyJD42MLE5xc8FrB4js
Status at 2016-01-21
12.620 NBT on sell side
9.6 BTC on buy side ($3,984 at the time of writing)
Status at 2016-01-22
10 BTC were sent from FLOT to the gateway and credited by Poloniex on 2016-01-22 00:37 UTC.
Currency Amount Address Date Status
BTC 10.00000000 1M3khPfXJreaFVbHab5XFEngwhbRh5Nxyi 2016-01-22 00:37:20 COMPLETE
10,600 NBT on sell side
24.5 BTC on buy side ($9,751 at the time of writing)