[Passed] The Nu Lagoon Custodian Fee Request of Sep 2015

[henry]

Dear Shareholders:

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 1817.454 NBT for Pool A, 2944.413 NBT for Pool C and D till 03 Sep

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

B7Jj1q3CmFQy2RU6L97hEPPw1tG8rNgreC, 4761.87 NBT

Thank you in advance.

The Nu Lagoon manage team

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

[zoro]

voted

[Cybnate]

Voting and adding to my datafeed soon.

[CoinGame]

[CoinGame]

[CoinGame]

[crypto_coiner]

As reported in the http://nulagoon.com/data.html , the accumulated Custodian Fee is 1817.454 NBT for Pool A, 2944.413 NBT for Pool C and D till 03 Sep

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

B7Jj1q3CmFQy2RU6L97hEPPw1tG8rNgreC, 4761.87 NBT

What is the difference between an accumulated Custodian Fee and a grant custodian fee?
More straightforwardly put, how much NBT profit (after custodian grant fee and all other expense) did manage to make the 3 pools?

[henry]

As demonstrated in the terms of pools http://nulagoon.com/index.html#TermA, the manage fee is 10/34 of the custodian fee.

[crypto_coiner]

Same thing as the liquidbit pool, accumulated custodian fee can be considered a profit for Nu.

[masterOfDisaster]

accumulated custodian fee can be considered a profit for Nu.

Not really, it’s rather reduced expenses.

[crypto_coiner]

I think nushareholders need to agree with some unified accounting P/L terminology, perhaps passed thru motion.

[cryptog]

B7Jj1q3CmFQy2RU6L97hEPPw1tG8rNgreC, 4761.87 NBT

voted

[crypto_coiner]

After re-study of pools and liquidity, voted.

[Nagalim]

@henry What would need to happen in the network for you to balance tier 3 funds? If there was a large tier 1 buy, would it get carried over into tier 3 eventually? Because all other tiers are balanced right now except tier 3 which has a sell side that is 4x bigger than the buy.

[masterOfDisaster]

Where do you find balanced tier layers?

nud getinfo | grep blocks
    "blocks" : 519931,

 nud getliquidityinfo B
{
    "total" : {
        "buy" : 50551.7536,
        "sell" : 86418.1804
    },
    "tier" : {
        "1" : {
            "buy" : 751.4149,
            "sell" : 6500.0
        },
        "2" : {
            "buy" : 0.9,
            "sell" : 9441.2096
        },
        "3" : {
            "buy" : 6280.7196,
            "sell" : 27711.382
        }
    },

But I have a hard time aligning the layered tier output with the total liquidity…

[willy]

But I have a hard time aligning the layered tier output with the total liquidity…

“unknown”, like currently propagated by all ALPs is missing

[Nagalim]

Good point, though, that nulagoon is almost entirely sell side liquidity.

[cryptog]

This passed .

[zoro]

at last

[tomjoad]