[Passed] NuPond Term 5 Fixed Cost Motion

The server kills itself every night because I don’t have nud on. I’ll restart it tonight. This will not be an issue once I’m operating on nupond instead of a test server.

Tks for the tip about Pi.
So right now more than half of the liquidity is provided by a bot behavior different from NuBot. Doesn’t make NuBot as half
Valuable? If Pybot is lighter than Nubot, doesn’ t it make Pybot more efficient than Nubot and shouldn’t it make it the main bot?
I m trying to see to which extent Nubot is crucial to Nu.
I guess the answer is in the parametric order book…

Pybot is a server-client pair. Nubot is everything in one. They are different programs with different goals in mind, and both are useful if not vital to Nu.

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I’m very happy to finally see this idea articulated well and so I am voting for this proposal. I suggested the beginnings of a similar idea back in March but this is more relevant as I was considering the operator fee and requested funds as the same amount.

This is a superior method of purchasing liquidity that will balance liquidity targets and encourage lower interest rates.

Thanks for bringing this interesting discussion up. I think given long enough time and a static boundary condition all models will converge to the same interest rate. The feedback loop of the fixed cost scheme is much shorter, making price discovery much faster, giving us a more agile system in a volatile market.

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If this succeeds and reduces costs in the long-term, credit is due to yourself, Nagalim, Masterofdisaster, and all others who brought the idea to life here: Fixed total payout for liquidity providers to enhance liquidity security and pool operation.

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running the test client again

@assistant motion vote 187e547074c3fe0508a56d684dd705ec5d9929ee

Hi @cryptog

Here are the details for the Motion Vote on 187e547074c3fe0508a56d684dd705ec5d9929ee:


##187e547074c3fe0508a56d684dd705ec5d9929ee
Blocks: 604 (6.040000%)
Share Days: 243446099 (7.048140%)


Vote for this only if you think fixed cost should be explored experimentally using shareholder funds. It will not affect the total requested funds of NuPond Term 5, but is only proposing an alternative reward protocol, and only on the NBT/BTC pair.

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Voted

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@assistant motion vote 187e547074c3fe0508a56d684dd705ec5d9929ee

Hi @huafei

Here are the details for the Motion Vote on 187e547074c3fe0508a56d684dd705ec5d9929ee:


##187e547074c3fe0508a56d684dd705ec5d9929ee
Blocks: 820 (8.200000%)
Share Days: 320881621 (9.325522%)


@assistant motion vote 187e547074c3fe0508a56d684dd705ec5d9929ee

Hi @cryptog

Here are the details for the Motion Vote on 187e547074c3fe0508a56d684dd705ec5d9929ee:


##187e547074c3fe0508a56d684dd705ec5d9929ee
Blocks: 1630 (16.300000%)
Share Days: 669965972 (19.597495%)


@assistant motion vote 187e547074c3fe0508a56d684dd705ec5d9929ee

Hi @huafei

Here are the details for the Motion Vote on 187e547074c3fe0508a56d684dd705ec5d9929ee:


##187e547074c3fe0508a56d684dd705ec5d9929ee
Blocks: 4542 (45.420000%)
Share Days: 1676818477 (51.467055%)


almost pass, any news?

Hi @huafei

Here are the details for the Motion Vote on 187e547074c3fe0508a56d684dd705ec5d9929ee:


##187e547074c3fe0508a56d684dd705ec5d9929ee
Blocks: 4957 (49.570000%)
Share Days: 1820662730 (56.015025%)


I’m hoping to do the switchover tomorrow night, begin Term 5 off of rollover funds and assume the grant will pass. I’m excited for the simpler operator finances of fixed cost, if nothing else.

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