Hello Shareholders.

It’s time to discuss the next operation of NuPool. With this proposal we intend to take all the discussions that followed the last proposal into account.

We will still operate on Bittrex and Poloniex but we will skew the liquidity targets in light of the vastly different volumes on each exchange.

We will retain our 50,000 NBT total target but will split it 4:1 in favour of Poloniex.

We will alter the tolerance of the NuPool server to 1.05%. This will give a spread after fees (SAF) of 1% on Bittrex and 1.1% on Poloniex. This value was chosen to attempt to give as close as possible a 0.5% SAF on both exchanges. The variation in SAF comes from the different fees charged by the two exchanges

The period of this next operation will be 60 days. In an effort to reduce the cost of liquidity to Nu we will drop the compensation offered to 0.24% per day, 7.2% per 30 days or a total of 14.4% for the whole operational period

This means a grant amount of 7,200 NBT and a pool fee of 1000 NBT for the operation. If the current operation of NuPool hits target for the remainder of the period (4 days) we will have a roll over amount of 687 NBT. This gives a total grant amount of **7513** NBT

Now voting:

Proposal RIPEMD160 hash: **2b332665fde5ea483fe2a68c76df2d8f15c7c1f8**

`=##=##=##=##=##=## Custodian Hash starts with this line ##=##=##=##=##=##=`

Custodial Address:

BEbkDnBh71ZaXHXkr63HXP4bMda9m9BN7B

Amount Requested:7513 NBT

NuPool will operate on **Poloniex** and **Bittrex** for a **60** day period. The total target of the operation will be **50,000 NBT** split **4:1** between the two supported exchanges in favour of Poloniex. This gives a target of **40,000 NBT** split equally between bid and ask on Poloniex and a target of **10,000 NBT** split equally between bid and ask on Bittrex.

The pool reward will be lowered to **0.24%** per day which translates to **7.2%** per month or **14.4%** for the duration of the operation.

The figures are:

Duration: **60 Days**

Daily Rate: **0.24%**

Total Rate: **14.4%**

Poloniex: **40,000** NBT > **20,000** BID | **20,000** ASK

Bittrex: **10,000** NBT > **5,000** BID | **5,000** ASK

Server Tolerance: **0.0105** or **1.05%****Spread After Fees**:

Poloniex (fee = 0.2%) - **1.1%** SAF

Bittrex (fee = 0.25%) - **1%** SAF

Grant Amount: 50,000 x 14.4% = **7200** NBT

Pool Fee: 50,000 x 2% = **1000** NBT

Amount Rolled Over: **687** NBT (after last payout of operation 5)

Total Grant Requested: **7513** NBT

`=##=##=##=##=##=## Custodian Hash ends with this line ##=##=##=##=##=##=`

##### Verify. Use everything between and including the <custodianhash></custodianhash> tags.

This should serve as forewarning that when we finish operation 5 and start operation 6 there will be some server down time. I would like to take the opportunity to harden the server and get the server software running under supervisord.