I think fixed cost did better than fixed reward at drawing liquidity but it is very hard to compare on Bter because of two reasons:
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Bter has high default risk and so the liquidity provision is very grainular (only a few liquidity providers acts more bulky than a whole bunch for a lot of reasons).
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The CNY feed is messing with the buy side. Any time anyone places anything on the sell side for the CNY feed it immediately gets converted into BTC through the buy side on the other pool.
That said, the rates for Bter were a good bit higher than other pools. Consistently nearly double.
The proposal will be hashed when assistant bot responds. As a summary, my intent is to do the same thing as the last term (except 60 days) and hope the CNY price feed settles things down. If that motion proves to be more controversial than I thought it would be, I may write a motion to revise the terms of this grant to cease provision on the CNY pool.
2800 = 1200*2 + 200 operator + 200 backpay
Operator fees were given in the previous grant, and the 1200 is the same as last grant, x2 for 60 days instead of 30.
The backpay is because I made a mistake: I was distracted and didn’t count the days. If you look back, I’ve operated on term 6 for a good bit more than 30 days already. NuPond uses at most $40 NBT/month, so the $200 is at least 5 days. I will smooth that out by adjusting the duration of the grant and will post the exact end date of Term 7 when the grant passes.
Edit: Hashed
