Equilibrium 2017–03–10
Circulating US-NBT: 149,054.0111
Reserve percentage: (50 - 149,054.0111 / (2,000,000 / 25)) / 100 = 0.4814
Equilibrium reserve: 0.4814 * 149,054.0111 = 71,754.6009
Current Tier 1–4 reserve: 17,424 + 5,962 + 27,494 = 50,880
Minimum Tier 1–4 reserve: 0.20 * 71,754.6009 = 14,350.9202
Daily move to equilibrium: 0.01 * (71,754.6009 - 50,880) = 208.7460
Equilibrium is Nu having $71,755 in Tier 1–4 reserves. We have $50,880. When $20,875 is raised through NuShare, US NuBit, or Chinese NuBit sales on a combined basis, any additional funds raised can go to NuShare buybacks assuming no updated reserve requirements or funds spent.
Daily move to equilibrium is the amount in USD of how many NuShares will be sold or repurchased every day towards reserve equilibrium.