[Passed] NBT EXIT gateway on Poloniex provided by @masterOfDisaster

Nagalim · March 6, 2016, 7:27pm

This isnt free its 15 per day

Edit: i didnt read it carefully, y’all are right.

zoro · March 6, 2016, 7:29pm

Please read the proposal more carefully

sorry if i seem to be impolite sometimes.

masterOfDisaster · March 6, 2016, 7:42pm

Right. And for the first 45 days I won’t charge any fee at all.
It would be good to bring an “emergency solution” not even close to those 45 days…

That’s exactly what I offered and what I will deliver it - if necessary for full 45 days.

Only after 2016-04-20 or when the gateway gets activated again after the operation has been ceased in between.

The first 45 days are free.
The next 30 days cost 15 NBT/day.
The 30 days after that cost 20 NBT/day.
etc.

zoro · March 6, 2016, 7:49pm

If we make a motion to pay you a fee for these 45 days and then shut you down for good
(if this is what you want)
is acceptable by you?

masterOfDisaster · March 6, 2016, 7:58pm

I don’t request a fee for this activation of the emergency solution.
And I don’t see why it’s better to not have it in the future.

The steep fee should provide an incentive to

create redundant solutions
use this emergency solution only when necessary

masterOfDisaster · March 9, 2016, 4:20pm

NuBot order parameters of this dual side gateway have been updated:

This was done to keep some distance between ALP on Poloniex:

zoro · March 9, 2016, 4:22pm

We don’t have a reply yet by woolly_sammoth. It could be an error!

masterOfDisaster · March 9, 2016, 4:25pm

It can’t be very bad to keep some distance from mid price with this last resort.
@Cybnate’s PyBot will keep a tighter offset, because the PyBot runs within limits of the ALP server.

So there will be a “tiered” offset scheme, sorted by offset:
ALP -> @Cybnate’s PyBot -> your NuBot -> my NuBot

Nagalim · March 9, 2016, 4:26pm

The pybot cybnate is running is off her personal server script. She can make the tolerance anything she wants. Shes not trying to get compensated via alp.

zoro · March 9, 2016, 4:31pm

let me change it a little
Cybnate’s PyBot -> zoro NuBot -> ALP -> MoD NuBot

Cybnate · March 10, 2016, 7:32am

I think we can change that back. See this thread.

zoro · March 10, 2016, 8:33am

And we also have to take the new Poloniex’s fee model into consideration.
https://poloniex.com/fees/

masterOfDisaster · March 10, 2016, 8:40am

Yes, we do.
At first glance it’s for the benefit of Nu, because Nu is with the liquidity provision scheme on the “maker” side (for which fees were reduced by 0.05%).
It’s good to make “takers” aware (by increasing the fee by 0.05%) that they need to pay for the “service” of others who provide liquidity.

Maybe I should increase the bot offset to 0.025
My bot is the ideal playground as I expect it to be discontinued quite soon - no later than 2016-04-19

masterOfDisaster · April 1, 2016, 8:03pm

15 BTC have been withdrawn to FLOT:

This was done by my discretion to balance the liquidity situation:

I recommend an appropriate deposit of NBT in turn. Maybe I can craft a tx later.
Would be good to deposit NBT to @zoro’s and my gateway in the same tx as he followed the recommendation to balance as well.

masterOfDisaster · April 2, 2016, 8:18pm

The funds arrived and are used by NuBot to support the peg:

nud getliquidityinfo B | grep BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP -A 2
        "BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP" : {
            "buy" : 15070.68,
            "sell" : 15727.2174

masterOfDisaster · April 11, 2016, 10:16am

I’ve received 5 BTC on Poloniex, which were automatically recognized by NuBot and included in the liquidity broadcast (without NuBot restart):

Mon Apr 11 10:04:25 UTC 2016
status of mOD dual side NuBot at Poloniex:
nud getliquidityinfo B | grep BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP -A 2
        "BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP" : {
            "buy" : 15857.27,
            "sell" : 16850.2342

2,100 NBT have been withdrawn to BqyRzFtWXDmjxrYpyJD42MLE5xc8FrB4js with tx ID a87a496d5bb7da4792937668c7b542ed69288854bc726e2562d0133df4dc5b7d (that withdrawal went through very fast - almost instantly! Poloniex seems to have reworked the withdrawal system and not only the web interface…).
Coinpayments link
http://blockexplorer.nu/ offline; I might update the link later

New liquidity status of the gateway:

Mon Apr 11 10:16:24 UTC 2016
status of mOD dual side NuBot at Poloniex:
nud getliquidityinfo B | grep BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP -A 2
        "BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP" : {
            "buy" : 15857.27,
            "sell" : 14750.2242

masterOfDisaster · April 13, 2016, 9:05pm

7,000 withdrawn to FLOT NBT address. Tx ID 03120193798906607c694ad4f1c1bb9565d0b151e0eedb75180c99e64666746d

blockexplorer.nu
coinpayments.net

Request for deposit of 16.5 BTC in exchange (based on an exchange rate of 424 NBT/BTC follows).

edit:
16.5 BTC credited by Poloniex and automatically put on order by NuBot.
Results:

Thu Apr 14 17:44:20 UTC 2016
status of mOD dual side NuBot at Poloniex:
nud getliquidityinfo B | grep BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP -A 2
        "BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP" : {
            "buy" : 15525.63,
            "sell" : 15463.6728

masterOfDisaster · April 25, 2016, 1:39pm

2016-04-25
Decommissioning of the gateway has been initiated:

The funds on the account exceed my daily withdrawal limit.
I’ve requested a withdrawal of all BTC funds and 10,000 NBT:

30.35 BTC to FLOT multisig address 3HikFkS2Zinab1TJq7dqp6wSPyLu7i7bhe; tx ID 019e9bf9e4bd93444192a3a31326af75c43c63719f589d81d4f61f9142ff0e67

10,000 NBT to FLOT multisig address BqyRzFtWXDmjxrYpyJD42MLE5xc8FrB4js; tx ID 5cf7ccc3f856a4ccf786c1ad1bb95fddd79131c66bf37194944f21486a7b5809

8,354 NBT wait for the reset of the withdrawal limit to be withdrawn.

The gateway operation ended on day 6 after the grace period was over.
Based on a daily fee of 15 NBT

I’ll create a grant for 90 NBT.

I could have taken the fee from the account funds in compliance with the motion, but as I need a new liquidity broadcast address in a few weeks anyway (my current one is soon 6 months old), making a grant seems to be the clean way.

masterOfDisaster · April 26, 2016, 8:20pm

2016-04-26

8,354 NBT to FLOT multisig address BqyRzFtWXDmjxrYpyJD42MLE5xc8FrB4js; tx ID f8a5d428eee000a2ba7f28b236178fc3ea749261fca40a716cf23100215f0d54

The gateway is on unattended standby from now on.

masterOfDisaster · June 3, 2016, 7:40am

This gateway is one of the last lines of defence (currently operating at 7.5% buyside offset) since 2016-05-27.
But liquidity broadcasting has been disabled to make tracking the liquidity status of the NuBot gateway, that tries to tighten the spread and revive trading on Poloniex, easier.
I thought I might give a quick report here.
Unfortunately I only have one NBT address, that can be used to broadcast liquidity at the moment (“B9gXptkoqAApF3AFrQyhUbhSzvuEudxupt”), otherwise I’d just let the two NuBots just use two different ones.

It would have been useful to track all activity related to this account here right from the start. I didn’t think of that earlier. I’m sorry for that.

07:32:39.461 WARN  - Putting a cap on SELL liquidity available. [Total Balance  : 13160.21030798 NBT ; capped @  6000.0 NBT] - [c.n.n.t.L.LiquidityDistributionModel:82]
07:32:39.509 INFO  - SELL- OrderBook : ----- SELL-side order book :
1.007099,0.00187818,2000.0
1.009099,0.00188191,4000.0
SELL wall volume : 2000.0
SELL tier2 volume = 4000.0 NBT
Total SELL volume = 6000.0 NBT
Best price :0.00187818 (1.0070988978$)
SELL balance left = 7160.21030798 NBT-----  - [c.n.n.s.S.StrategySecondaryPegUtils:228]
07:32:39.511 INFO  - Trying to place 2 orders... - [c.n.n.s.S.StrategySecondaryPegUtils:229]
07:32:39.764 INFO  - SELL wall order updated. ID : 2624987447 size: 2000.0 - [c.n.n.t.TradeUtils:232]
07:32:40.009 WARN  - **SELL** orders re-initialized on  **poloniex** :  2/2 placed successfully
total amount placed : 6000.0
Tier1 order size : 2000.0
Tier2 cumulative order size : 4000.0 (1 orders)
 - [c.n.n.s.S.StrategySecondaryPegUtils:247]
07:32:41.786 INFO  - Order placed = OrderToPlace{type=SELL, pair=nbtbtc, size=2000.0, price=0.00187818} - [c.n.n.m.MultipleOrdersResponse:88]
07:32:41.789 INFO  - Order ID = 2624987447
 - [c.n.n.m.MultipleOrdersResponse:89]
07:32:41.791 INFO  - Order placed = OrderToPlace{type=SELL, pair=nbtbtc, size=4000.0, price=0.00188191} - [c.n.n.m.MultipleOrdersResponse:88]
07:32:41.792 INFO  - Order ID = 2624988446
 - [c.n.n.m.MultipleOrdersResponse:89]
07:32:41.795 [Strategy Secondary Task] INFO  - initOrders BUY [com.nubits.nubot.strategy.Secondary.StrategySecondaryPegUtils:178]
07:32:42.453 [Strategy Secondary Task] WARN  - Putting a cap on BUY liquidity available. [Total Balance  : 36.36537239 BTC ; capped @  3.72988195 BTC] [c.n.n.t.L.LiquidityDistributionModel:82]
07:32:42.462 [Strategy Secondary Task] INFO  - BUY- OrderBook : ----- BUY-side order book :
0.924898,0.00172488,500.0
0.9099,0.00169691,537.49448425
0.715921,0.00133515,962.50551616
BUY wall volume : 500.0
BUY tier2 volume = 1500.0000004099998 NBT
Total BUY volume = 2000.0000004099998 NBT
Best price :0.00172488 (0.9248979048000001$)
BUY balance left = 17499.47632883 NBT-----  [com.nubits.nubot.strategy.Secondary.StrategySecondaryPegUtils:228]
07:32:42.464 [Strategy Secondary Task] INFO  - Trying to place 3 orders... [com.nubits.nubot.strategy.Secondary.StrategySecondaryPegUtils:229]
07:32:42.709 [Strategy Secondary Task] INFO  - BUY wall order updated. ID : 2624989445 size: 500.0 [com.nubits.nubot.trading.TradeUtils:232]
07:32:43.900 [Strategy Secondary Task] WARN  - **BUY** orders re-initialized on  **poloniex** :  3/3 placed successfully
total amount placed : 2000.0000004099998
Tier1 order size : 500.0
Tier2 cumulative order size : 1500.0000004099998 (2 orders)
 [c.n.n.s.S.StrategySecondaryPegUtils:247]
07:32:47.075 [Strategy Secondary Task] INFO  - Order placed = OrderToPlace{type=BUY, pair=nbtbtc, size=500.0, price=0.00172488} [com.nubits.nubot.models.MultipleOrdersResponse:88]
07:32:47.077 [Strategy Secondary Task] INFO  - Order ID = 2624989445
 [com.nubits.nubot.models.MultipleOrdersResponse:89]
07:32:47.079 [Strategy Secondary Task] INFO  - Order placed = OrderToPlace{type=BUY, pair=nbtbtc, size=537.49448425, price=0.00169691} [com.nubits.nubot.models.MultipleOrdersResponse:88]
07:32:47.081 [Strategy Secondary Task] INFO  - Order ID = 2624990444
 [com.nubits.nubot.models.MultipleOrdersResponse:89]
07:32:47.083 [Strategy Secondary Task] INFO  - Order placed = OrderToPlace{type=BUY, pair=nbtbtc, size=962.50551616, price=0.00133515} [com.nubits.nubot.models.MultipleOrdersResponse:88]
07:32:47.084 [Strategy Secondary Task] INFO  - Order ID = 2624991443
 [com.nubits.nubot.models.MultipleOrdersResponse:89]
07:32:47.086 [Strategy Secondary Task] INFO  - Strategy initialization completed [com.nubits.nubot.strategy.Secondary.StrategySecondaryPegUtils:148]
07:33:21.110 [Strategy Secondary Task] INFO  - Sell-Wall size :  : 2000.0 NBT [com.nubits.nubot.strategy.Secondary.StrategySecondaryPegUtils:539]
07:33:21.414 [Strategy Secondary Task] INFO  - Buy-Wall size :  : 500.0 NBT [com.nubits.nubot.strategy.Secondary.StrategySecondaryPegUtils:544]

In a nutshell:
13,160 NBT and
36.36 BTC are in this gateway.

Current order related parameters: