Operator: @Nagalim Type: Home Fixed Reward ALP Pool and Term: NuPond Term 5 Exchange: Bter.com Pair: NBT/CNY Duration: 30 days Spread After Fees: 0.4% Tolerance: 0.6% (0.006) Bid Target: 5,000 NBT Ask Target: 5,000 NBT Bid Reward Rate: 0.2%/day Ask Reward Rate: 0.2%/day Home Operator Fee: 50 NBT Total Home Grant Without Operator Fees: 600 NBT Previous Operator Fees: 100 NBT Total Competitive Grants: 450 NBT Rollover Funds: 300 NBT Current Total Operator Fees for Next Term: 150 NBT
If 187e547074c3fe0508a56d684dd705ec5d9929ee does not pass, NuPond will support the NBT/BTC pair with fixed reward pool parameters corresponding to the clause of that motion.
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This is the grant. It gives me the funds I need to continue operation. The term ‘home’ means that I fully expect this grant to pass or i will shut down NuPond. It is therefore incumbent upon shareholders to reach consensus with me on appropriate home pool parameters.
The other motion is purely about fixed cost. If this passes and that one doesn’t, I will do fixed reward on both pairs, like normal. If that motion passes and this grant doesn’t, shareholders are dumb and nupond will cease operation because it will run out of money.
If both pass I will be running fixed cost on nbt/btc and fixed reward on nbt/cny. There is no scenario where nbt/cny is not funded as a fixed reward pool, which is why it is my home alp and why I attached my grant to it.
The rollover funds are remnants from term 4.
That’s not strictly true, but it’s much closer than in fixed reward. If no LP is providing any liquidity on a single side, the pool has no one to payout to, so those funds roll over.
If this passes, I run NBT/CNY and NBT/BTC. If the other passes, I will turn NBT/BTC into an FC pool.
One of these votes is a motion, the other is a grant. A motion costs the shareholders nothing. The grant costs the shareholders 850 NBT. There is no grant for 550 NBT, and I don’t intend on making one.
Please note the 550 is actually split into two line items in this grant, the total competitive grants with 450 and the current total operator fees for next term with 100 of the 150.