Hi everyone.
I would like to keep on providing liquidity on CCEDK’s NBT/USD after my first operation is completed.
This time, I am offering 2 times more liquidity (10k USD) for 2 times longer (60 days).
Also, I am asking for the reward to be transferred after the mission is completed.
Proposal RIPEMD160 hash: 948aaf97d9f31a94904e3fb08ff4f8733f9ff4dc
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Custodial Address: BCFQHtHjcisGVHY7sY2jERBHTYqZLhSxmM
Amount Requested: 1 NBT
If elected, I will deposit 10,000 USD on CCEDK and operate NuBot on NBT/USD in dual side mode over a period of 60 days. The reward should be paid in NBT and transferred within 7 days upon the successful end of the operations to an address that I will indicate. Every week, I will submit a report of the trades that occurred. At the end of the 60 days operations, I will provide a full report. Since the buy side might be eaten up quickly, I will rebalance from time to time (from buy side to sell side) by:
1- buying some bitcoins on NBT/BTC based on the proceeds of NBT/USD buy side.
2- selling those bitcoins on BTC/USD
3- putting back those USDs for sales on NBT/USD.
The goal is to try to maintain at least 200 USD on the buy side of NBT/USD although it is not for sure since I will cap the maximum total exchange rate loss to 200 USD for the whole 60-days period.
In compensation for the time spent, use of capital, exchange risk, exchange rate loss risk and the AML related risk taken, I am asking for 9.99% return for each 30-days period, corresponding to 1998 NBT overall for the 60-days period.
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