[Passed] The Nu Lagoon Custodian Fee Request of Jan 2016

Dear Shareholders:

Happy New Year

With the support and help from the community, the Nu Lagoon has successfully operated for another 4 weeks.

As reported in the http://nulagoon.com/data.html , the accumulated Custodian Fee is 1277.784 NBT for Pool A, 3482.216 NBT for Pool C and D till 21st Jan.

I would like to request shareholders to grant custodian fee to the pools.

BEDt9yB7J2Vzp1A9UvD91vNuA1oJGyLqQ8, 4760.00 NBT

Thank you in advance.

The Nu Lagoon manage team

Note: It is Nushareholders’ obligation to pass this grant according to prior shareholder motions : b5e709a59226b979e4cb59e6d3a3e06b506e3761 and ae07a18b22e20e38d6bf7559e320c1728d7a62dc

The best liquidity platform for Nubits & Bitcoin, NuLagoon Tube, is successfully running for a month. To attract more user, we will decrease transaction fee rate soon.


Hey Henry,

Since the starting of NuLagoon Tube, I’m asking myself some questions.

  1. Are the funds on the tube customer funds?
  2. On which exchange pairs are Pool A, C, and D currently operating?


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Bump. @henry

Thank you for asking these important questions.

  1. Funds on the tube buy/sell walls are from NuLagoon Pools(A, C and D) .
  2. Pool A, C, and D are operating the three exchanges(including Poloniex, Hitbtc and NuLagoon Tube) together.
    Assume each of Pool A, C and D has 20k fund, we could place 6k fund on each exchanges. If Poloniex is default and 6k fund is lost, the lost will be shared by the three pools. NAV of Pool A will decrease by 10% and NAV of Pool D will decrease by about 20%

No accounting on Monday? (yesterday)

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Acounting reports updated

adding this to my voting data feed

It passed. I removed it from the voting list.