Operator: @Nagalim Type: 2 Fixed Cost ALPs Pool and Term: NuPond Term 6 Exchange: Bter.com Pair: NBT/CNY & NBT/BTC Duration: 30 days Tolerance: 1.5% CNY & 1% BTC Spread After Fees: 1% for Both Bid Reward Rate: 10 NBT/day for Each Ask Reward Rate: 10 NBT/day for Each Total Home Grant Without Operator Fees: 1200 NBT Previous Operator Fees: 150 NBT Rollover Funds: 0 NBT Current Total Operator Fees for Next Term: 200 NBT
@Nagalim will continue to work on automating a ‘shift’ parameter in order to make voluntary reduction of SAF by liquidity providers on the NBT/CNY pair a profitable choice.
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1.) is useful to attract more liquidity which seems to be healthy considering the increased demand for NBT in general and in China in particular (-> bter…)
2.) is the way to go - future ALP versions (under development by @woolly_sammoth) will rely on this economical model
3.) takes into regard the trouble with providing liquidity on the CNY pair that might require not only the “shift” parameter, but an increased tolerance as well
This took longer to hash than I had hoped, besides I was being optimistic with my estimates. Therefore, I am not reporting any rollover funds for term 5 (which technically ended yesterday with ~250 extra NBT) so I can continue operation during voting.
I know i know, I’m working on it. NuPond
BTC server is up with 7.5 NBT/day rates, still working on CNY (it might take a little). Please don’t let these temporary issues stop you from voting on the Term 6 grant.
Would prefer more continuous operations between grants and therefore timely submitting of a grant request instead of relying on rollover funds.
Anyway given a few challenges you had, I’m good with the work you are doing, although sometimes a bit too experimental but I’m comfortable with that given where we are now. Adding you grant to my datafeed soon.
Edit: can you please explain the reason for increasing the operator fees?