Supply, Reserves, and Equilibrium (superseded by automation)

Equilibrium 2017–08–28

Circulating US-NBT: 1,011,275.0233
Reserve percentage: (50 - 1,011,275.0233 / (2,000,000 / 25)) / 100 = 0.3736
Equilibrium reserve: 0.3736 * 1,011,275.0233 = 377,812
Current cryptoasset reserve (tier 1–4): 1,069,184
Minimum cryptoasset reserve (tier 1–4): 0.20 * 377,812 = 75,562
Daily move to equilibrium: 0.01 * (377,812 - 1,069,184) = -6,914

  • Equilibrium is having $377,812 in the cryptoasset reserve.
  • Currently, the cryptoasset reserve is valued at $1,069,184.
  • NuShare buybacks for the amount $6,914 per day will begin.

Daily move to equilibrium is the amount in USD of how many NuShares will be sold or repurchased every day toward reserve equilibrium.

Supply 2017–09–04

US NuBits (US-NBT)

Blockheight: 1,560,224

Existing: 2,340,270.5398
Parked: 46,322.3546

Liquidity Operations*: 196,516.6898
Liquidity Operations**: 1,000,000.0000
Bittrex: 109,086.6103
NuLagoon Tube: 27,421.8698
Nu-owned: 1,333,025.1699

Circulating: 960,923.0153

* B71AkDjzm4S24KoXGoq6W3hynexAyNb9FV
** BNFoHr9uV9dZBjU6tXtVgauFsC2cx1aTMh

Chinese NuBits (CN-NBT)

Existing: 1,999,999.0000
Parked: 0.0000

Liquidity Operations*: 1,999,999.0000

Circulating: 0.0000

* Yh4LvkkQQSEjQfPmqEYB6PkL2SqmC1W43E

NuShares (NSR)

Blockheight: 1,560,229

Existing: 3,317,370,811

Liquidity Operations*: 147,083,657
FLOT 1**: 64,344,685
FLOT 2***: 5,940,000
Cryptopia: 4,000,000
Alcurex: 99,151,563
Nu-owned: 320,519,904

Circulating: 2,996,850,907

* SaaP8P3TH8HU27MBkhH6j8EhQ9AvAEY27J
** SvtGbNjWE49pTM2TiUZrYKSNkxTJx75mmC
*** Snvrc5q82wfe2NjEjaQAyStpPKseWrsNqn

Reserves 2017–09–04

Dollar amounts represent assets’ value in USD.

Asset values

Bitcoin (BTC) = $4276.27
Bitcoin Cash (BCH) = $526.32
Stellar Lumens (XLM) = $0.018119
Dotcoin (DOT) = $0.007380

Cryptoasset reserve (tier 1–4)

Bittrex (BTC): $195,064
Alcurex (BTC): $10,085

Liquidity Operations* (BTC): $707,643
Liquidity Operations** (BTC): $21,381
Liquidity Operations* (BCH): $60,025

Bittrex, Stellar Lumens (XLM): $1,060
Cryptopia, Dotcoin (DOT): $1,476

Total: $996,734

* 17owruzTRANDYwCq77bSABQLXBxx3QaCea
** 18xHTfuK7skDgGeABqm3sG5MgLC2U9qVL4

Park Rates (tier 5)

Parked US NuBits: 46,322.3546 US-NBT
Parked Chinese NuBits: 0.0000 CN-NBT

Backbone reserve (tier 6)

Monthly liquidity of NuShares: $157,998

Equilibrium 2017–09–04

Circulating US-NBT: 960,923.0153
Reserve percentage: (50 - 960,923.0153 / (2,000,000 / 25)) / 100 = 0.3799
Equilibrium reserve: 0.3799 * 960,923.0153 = 365,055
Current cryptoasset reserve (tier 1–4): 996,734
Minimum cryptoasset reserve (tier 1–4): 0.20 * 365,055 = 73,011
Daily move to equilibrium: 0.01 * (365,055 - 996,734) = -6,317

  • Equilibrium is having $365,055 in the cryptoasset reserve.
  • Currently, the cryptoasset reserve is valued at $996,734.
  • NuShare buybacks for the amount $6,317 per day will begin.

Daily move to equilibrium is the amount in USD of how many NuShares will be sold or repurchased every day toward reserve equilibrium.

3 Likes

Supply 2017–09–11

US NuBits (US-NBT)

Blockheight: 1,573,663

Existing: 4,341,518.9352
Parked: 41,119.0046

Liquidity Operations*: 900,004.9000
Liquidity Operations**: 2,000,000.0000
Bittrex: 150,027.1791
NuLagoon Tube: 27,421.8698
Nu-owned: 3,077,453.9489

Circulating: 1,222,945.9817

* B71AkDjzm4S24KoXGoq6W3hynexAyNb9FV
** BA82T18qnhtmAmJG3U5rcmzvqdUJ6YTd3d

Chinese NuBits (CN-NBT)

Existing: 1,999,999.0000
Parked: 0.0000

Liquidity Operations*: 1,999,999.0000

Circulating: 0.0000

* Yh4LvkkQQSEjQfPmqEYB6PkL2SqmC1W43E

NuShares (NSR)

Blockheight: 1,573,663

Existing: 3,158,906,207

Liquidity Operations*: 147,849,812
FLOT 1**: 64,344,685
FLOT 2***: 5,940,000
Cryptopia: 4,000,000
Alcurex: 130,743,291
Nu-owned: 352,877,788

Circulating: 2,806,028,419

* SaaP8P3TH8HU27MBkhH6j8EhQ9AvAEY27J
** SvtGbNjWE49pTM2TiUZrYKSNkxTJx75mmC
*** Snvrc5q82wfe2NjEjaQAyStpPKseWrsNqn

Reserves 2017–09–11

Dollar amounts represent assets’ value in USD.

Asset values

Bitcoin (BTC) = $4172.07
Bitcoin Cash (BCH) = $542.71
Stellar Lumens (XLM) = $0.017163
Dotcoin (DOT) = $0.007621

Cryptoasset reserve (tier 1–4)

Bittrex (BTC): $88,534
Alcurex (BTC): $6,963

Liquidity Operations* (BTC): $1,076,821
Liquidity Operations** (BTC): $20,860
Liquidity Operations* (BCH): $61,895

Bittrex, Stellar Lumens (XLM): $1,004
Cryptopia, Dotcoin (DOT): $1,524

Total: $1,257,601

* 17owruzTRANDYwCq77bSABQLXBxx3QaCea
** 18xHTfuK7skDgGeABqm3sG5MgLC2U9qVL4

Park Rates (tier 5)

Parked US NuBits: 41,119.0046 US-NBT
Parked Chinese NuBits: 0.0000 CN-NBT

Backbone reserve (tier 6)

Monthly liquidity of NuShares: $179,924 plus 5.18943491 BTC in Manual Exchange since 2017–08–27.

Equilibrium 2017–09–11

Circulating US-NBT: 1,222,945.9817
Reserve percentage: (50 - 1,222,945.9817 / (2,000,000 / 25)) / 100 = 0.3471
Equilibrium reserve: 0.3471 * 1,222,945.9817 = 424,485
Current cryptoasset reserve (tier 1–4): 1,257,601
Minimum cryptoasset reserve (tier 1–4): 0.20 * 424,485 = 84,897
Daily move to equilibrium: 0.01 * (424,485 - 1,257,601) = -8,331

  • Equilibrium is having $424,485 in the cryptoasset reserve.
  • Currently, the cryptoasset reserve is valued at $1,257,601.
  • NuShare buybacks for the amount $8,331 per day will begin.

Daily move to equilibrium is the amount in USD of how many NuShares will be sold or repurchased every day toward reserve equilibrium.

1 Like

Supply 2017–09–14

US NuBits (US-NBT)

Block height: 1,578,186

Existing: 4,341,518.4852
Parked: 41,119.0046

Liquidity Operations*: 1,080,004.8800
Liquidity Operations**: 2,000,000.0000
Bittrex: 139,417.4491
NuLagoon Tube: 27,421.8698
Nu-owned: 3,246,844.1989

Circulating: 1,053,555.2817

* B71AkDjzm4S24KoXGoq6W3hynexAyNb9FV
** BA82T18qnhtmAmJG3U5rcmzvqdUJ6YTd3d

Chinese NuBits (CN-NBT)

Existing: 1,999,999.0000
Parked: 0.0000

Liquidity Operations*: 1,999,999.0000

Circulating: 0.0000

* Yh4LvkkQQSEjQfPmqEYB6PkL2SqmC1W43E

NuShares (NSR)

Block height: 1,578,189

Existing: 3,159,087,078

Liquidity Operations*: 147,849,812
FLOT 1**: 64,344,685
FLOT 2***: 5,940,000
Cryptopia: 4,000,000
Alcurex: 153,195,534 (withdrawals impeded)
Nu-owned: 375,330,031

Circulating: 2,783,757,047

* SaaP8P3TH8HU27MBkhH6j8EhQ9AvAEY27J
** SvtGbNjWE49pTM2TiUZrYKSNkxTJx75mmC
*** Snvrc5q82wfe2NjEjaQAyStpPKseWrsNqn

Reserves 2017–09–14

Dollar amounts represent assets’ value in USD.

Asset values

Bitcoin (BTC) = $3414.75
Bitcoin Cash (BCH) = $425.26
Stellar Lumens (XLM) = $0.012417
Dotcoin (DOT) = $0.003768

Cryptoasset reserve (tier 1–4)

Bittrex (BTC): $117,501
Alcurex (BTC): $12,167

Liquidity Operations* (BTC): $649,167
Liquidity Operations** (BTC): $17,074
Liquidity Operations* (BCH): $48,500

Bittrex, Stellar Lumens (XLM): $726
Cryptopia, Dotcoin (DOT): $754

Total: $845,888

* 17owruzTRANDYwCq77bSABQLXBxx3QaCea
** 18xHTfuK7skDgGeABqm3sG5MgLC2U9qVL4

Park Rates (tier 5)

Parked US NuBits: 41,119.0046 US-NBT
Parked Chinese NuBits: 0.0000 CN-NBT

Backbone reserve (tier 6)

Monthly liquidity of NuShares: $177,884 plus 5.18943491 BTC in Manual Exchange since 2017–08–27.

Equilibrium 2017–09–14

Circulating US-NBT: 1,053,555.2817
Reserve percentage: (50 - 1,053,555.2817 / (2,000,000 / 25)) / 100 = 0.3683
Temporary minimum reserve percentage: 0.40 (40%)
Equilibrium reserve: 0.40 * 1,053,555.2817 = 421,422
Current cryptoasset reserve (tier 1–4): 845,888
Minimum cryptoasset reserve (tier 1–4): 0.20 * 421,422 = 84,284
Daily move to equilibrium: 0.006 * (421,422 - 845,888) = -2,547

  • Equilibrium is having $421,422 in the cryptoasset reserve.
  • Currently, the cryptoasset reserve is valued at $845,888.
  • NuShare buybacks for the amount $2,547 per day will begin.

Daily move to equilibrium is the amount in USD of how many NuShares will be sold or repurchased every day toward reserve equilibrium.

Changes applied according to Minor and temporary modifications to liquidity model.

1 Like

Supply 2017–09–18

US NuBits (US-NBT)

Block height: 1,584,298

Existing: 4,341,519.4366
Parked: 41,094.0046

Liquidity Operations*: 1,227,180.6500
Liquidity Operations**: 2,000,000.0000
Bittrex: 153,054.6212
NuLagoon Tube: 27,421.8698
Nu-owned: 3,407,657.1410

Circulating: 892,768.2910

* B71AkDjzm4S24KoXGoq6W3hynexAyNb9FV
** BA82T18qnhtmAmJG3U5rcmzvqdUJ6YTd3d

Chinese NuBits (CN-NBT)

Existing: 1,999,999.0000
Parked: 0.0000

Liquidity Operations*: 1,999,999.0000

Circulating: 0.0000

* Yh4LvkkQQSEjQfPmqEYB6PkL2SqmC1W43E

NuShares (NSR)

Block height: 1,584,299

Existing: 3,159,331,082

Liquidity Operations*: 147,868,212
FLOT 1**: 64,344,685
FLOT 2***: 5,940,000
Alcurex: 159,577,429
Cryptopia: 4,000,000
Novaexchange: 0
Nu-owned: 381,730,326

Circulating: 2,777,600,756

* SaaP8P3TH8HU27MBkhH6j8EhQ9AvAEY27J
** SvtGbNjWE49pTM2TiUZrYKSNkxTJx75mmC
*** Snvrc5q82wfe2NjEjaQAyStpPKseWrsNqn

Reserves 2017–09–18

Dollar amounts represent assets’ value in USD.

Asset values

Bitcoin (BTC) = $4076.68
Bitcoin Cash (BCH) = $477.35
Ethereum (ETH) = $291.99
Stellar Lumens (XLM) = $0.013296
Dotcoin (DOT) = $0.004839

Cryptoasset reserve (tier 1–4)

Bittrex (BTC): $163,811
Alcurex (BTC): $3,079

Liquidity Operations* (BTC): $550,783
Liquidity Operations** (BTC): $20,383
Liquidity Operations* (BCH): $54,440

Bittrex, Stellar Lumens (XLM): $778
Cryptopia, Dotcoin (DOT): $968

Total: $794,243

* 17owruzTRANDYwCq77bSABQLXBxx3QaCea
** 18xHTfuK7skDgGeABqm3sG5MgLC2U9qVL4

Park Rates (tier 5)

Parked US NuBits: 41,094.0046 US-NBT
Parked Chinese NuBits: 0.0000 CN-NBT

Backbone reserve (tier 6)

Monthly liquidity of NuShares: $166,625 plus 5.18943491 BTC in Manual Exchange between 2017–08–27 and 2017–09–14.

Equilibrium 2017–09–18

Circulating US-NBT: 892,768.2910
Reserve percentage: (50 - 892,768.2910 / (2,000,000 / 25)) / 100 = 0.3884
Temporary minimum reserve percentage: 0.40 (40%)
Equilibrium reserve: 0.40 * 892,768.2910 = 357,107
Current cryptoasset reserve (tier 1–4): 794,243
Minimum cryptoasset reserve (tier 1–4): 0.20 * 357,107 = 71,421
Daily move to equilibrium: 0.006 * (357,107 - 794,243) = -2,623

  • Equilibrium is having $357,107 in the cryptoasset reserve.
  • Today the cryptoasset reserve is valued at $794,243.
  • NuShare buybacks for the amount $2,623 per day will begin.

Daily move to equilibrium is the amount in USD of how many NuShares will be sold or repurchased every day toward reserve equilibrium.

Supply 2017–09–25

US NuBits (US-NBT)

Block height: 1,595,462

Existing: 4,341,518.3033
Parked: 41,219.5332

Liquidity Operations*: 1,117,180.5600
Liquidity Operations**: 2,000,000.0000
Bittrex: 136,440.5700
NuLagoon Tube: 27,421.8698
Nu-owned: 3,281,042.9998

Circulating: 1,019,255.7703

* B71AkDjzm4S24KoXGoq6W3hynexAyNb9FV
** BA82T18qnhtmAmJG3U5rcmzvqdUJ6YTd3d

Chinese NuBits (CN-NBT)

Existing: 1,999,999.0000
Parked: 0.0000

Liquidity Operations*: 1,999,999.0000

Circulating: 0.0000

* Yh4LvkkQQSEjQfPmqEYB6PkL2SqmC1W43E

NuShares (NSR)

Block height: 1,595,462

Existing: 3,252,694,683

Liquidity Operations*: 147,868,212
FLOT 1**: 64,344,685
FLOT 2***: 5,940,000
Alcurex: 172,977,724
Cryptopia: 4,000,000
Novaexchange: 0.0000
Nu-owned: 395,130,621

Circulating: 2,857,564,063

* SaaP8P3TH8HU27MBkhH6j8EhQ9AvAEY27J
** SvtGbNjWE49pTM2TiUZrYKSNkxTJx75mmC
*** Snvrc5q82wfe2NjEjaQAyStpPKseWrsNqn

Reserves 2017–09–25

Dollar amounts represent assets’ value in USD.

Asset values

Bitcoin (BTC) = $3926.60
Bitcoin Cash (BCH) = $446.43
Ethereum (ETH) = $292.52
Stellar Lumens (XLM) = $0.012235
Dotcoin (DOT) = $0.003544

Cryptoasset reserve (tier 1–4)

Bittrex (BTC): $126,548
Alcurex (BTC): $3,569

Liquidity Operations* (BTC): $665,728
Liquidity Operations** (BTC): $19,633
Liquidity Operations* (BCH): $50,914

Bittrex, Stellar Lumens (XLM): $715
Cryptopia, Dotcoin (DOT): $709

Total: $867,817

* 17owruzTRANDYwCq77bSABQLXBxx3QaCea
** 18xHTfuK7skDgGeABqm3sG5MgLC2U9qVL4

Park Rates (tier 5)

Parked US NuBits: 41,219.5332 US-NBT
Parked Chinese NuBits: 0.0000 CN-NBT

Backbone reserve (tier 6)

Monthly liquidity of NuShares: $182,156 plus 5.18943491 BTC in Manual Exchange between 2017–08–27 and 2017–09–14.

Equilibrium 2017–09–25

Circulating US-NBT: 1,019,255.7703
Reserve percentage: (50 - 1,019,255.7703 / (2,000,000 / 25)) / 100 = 0.3726
Temporary minimum reserve percentage: 0.40 (40%)
Equilibrium reserve: 0.40 * 1,019,255.7703 = 407,702
Current cryptoasset reserve (tier 1–4): 867,817
Minimum cryptoasset reserve (tier 1–4): 0.20 * 407,702 = 81,540
Daily move to equilibrium: 0.006 * (407,702 - 867,817) = -2,761

  • Equilibrium is having $407,702 in the cryptoasset reserve.
  • Currently, the cryptoasset reserve is valued at $867,817.
  • NuShare buybacks for the amount $2,761 per day will begin.

Daily move to equilibrium is the amount in USD of how many NuShares will be sold or repurchased every day toward reserve equilibrium.

1 Like

Supply 2017–10–02

US NuBits (US-NBT)

Block height: 1,606,013

Existing: 4,342,636.0224
Parked: 38,826.4875

Liquidity Operations*: 917,080.5100
Liquidity Operations**: 2,000,000.0000
Bittrex: 170,123.8964
SouthXchange: 100.0000
NuLagoon Tube: 27,421.8698
Nu-owned: 3,114,726.2762

Circulating: 1,189,083.2587

* B71AkDjzm4S24KoXGoq6W3hynexAyNb9FV
** BA82T18qnhtmAmJG3U5rcmzvqdUJ6YTd3d

Chinese NuBits (CN-NBT)

Existing: 1,999,999.0000
Parked: 0.0000

Liquidity Operations*: 1,999,999.0000

Circulating: 0.0000

* Yh4LvkkQQSEjQfPmqEYB6PkL2SqmC1W43E

NuShares (NSR)

Block height: 1,606,016

Existing: 3,253,116,691

Liquidity Operations*: 147,868,212
FLOT 1**: 64,344,685
FLOT 2***: 5,940,000
Alcurex: 186,739,620
Cryptopia: 4,000,000
Novaexchange: 0.0000
SouthXchange: 0.0000
Nu-owned: 408,892,517

Circulating: 2,844,224,175

* SaaP8P3TH8HU27MBkhH6j8EhQ9AvAEY27J
** SvtGbNjWE49pTM2TiUZrYKSNkxTJx75mmC
*** Snvrc5q82wfe2NjEjaQAyStpPKseWrsNqn

Reserves 2017–10–02

Dollar amounts represent assets’ value in USD.

Asset values

Bitcoin (BTC) = $4427.00
Bitcoin Cash (BCH) = $418.19
Ethereum (ETH) = $298.49
Stellar Lumens (XLM) = $0.012908
Dotcoin (DOT) = $0.004855

Cryptoasset reserve (tier 1–4)

Bittrex (BTC): $80,566
Alcurex (BTC): $14,236
SouthXchange (BTC): $1,018

Liquidity Operations* (BTC): $993,243
Liquidity Operations** (BTC): $0
Liquidity Operations* (BCH): $47,693

Bittrex, Stellar Lumens (XLM): $755
Cryptopia, Dotcoin (DOT): $971

SouthXchange (USD): $44

Total: $1,138,527

* 17owruzTRANDYwCq77bSABQLXBxx3QaCea
** 18xHTfuK7skDgGeABqm3sG5MgLC2U9qVL4

Park Rates (tier 5)

Parked US NuBits: 38,826.4875 USNBT
Parked Chinese NuBits: 0.0000 CNNBT

Backbone reserve (tier 6)

Monthly liquidity of NuShares: $180,668 plus 4.56724967 BTC in Manual Exchange between 2017–08–27 and 2017–09–02.

Source: https://coinmarketcap.com/currencies/volume/monthly/

Equilibrium 2017–10–02

Circulating US-NBT: 1,189,083.2587
Reserve percentage: (50 - 1,189,083.2587 / (2,000,000 / 25)) / 100 = 0.3513
Temporary minimum reserve percentage: 0.40 (40%)
Equilibrium reserve: 0.40 * 1,189,083.2587 = 475,633
Current cryptoasset reserve (tier 1–4): 1,138,527
Minimum cryptoasset reserve (tier 1–4): 0.20 * 475,633 = 95,127
Daily move to equilibrium: 0.006 * (475,633 - 1,138,527) = -3,977

  • Equilibrium is having $475,633 in the cryptoasset reserve.
  • Currently, the cryptoasset reserve is valued at $1,138,527.
  • NuShare buybacks for the amount $3,977 per day will begin.

Daily move to equilibrium is the amount in USD of how many NuShares will be sold or repurchased every day toward reserve equilibrium.

1 Like

Supply 2017–10–09

US NuBits (US-NBT)

Block height: 1,615,535

Existing: 4,342,837.2500
Parked: 76,960.2075

Liquidity Operations*: 1,304,500.3152
Liquidity Operations**: 2,000,000.0000
Bittrex: 77,306.6180
SouthXchange: 98.0020
NuLagoon Tube: 27,421.8698
Nu-owned: 3,409,326.8050

Circulating: 856,550.2375

* B71AkDjzm4S24KoXGoq6W3hynexAyNb9FV
** BA82T18qnhtmAmJG3U5rcmzvqdUJ6YTd3d

Chinese NuBits (CN-NBT)

Existing: 1,999,999.0000
Parked: 0.0000

Liquidity Operations*: 1,999,999.0000

Circulating: 0.0000

* Yh4LvkkQQSEjQfPmqEYB6PkL2SqmC1W43E

NuShares (NSR)

Block height: 1,615,563

Existing: 3,478,167,777

Liquidity Operations*: 150,844,699
FLOT 1**: 64,344,685
FLOT 2***: 5,940,000
Alcurex: 200,258,283
Cryptopia: 4,000,000
Novaexchange: 823,250
Nu-owned: 426,210,917

Circulating: 3,051,956,860

* SaaP8P3TH8HU27MBkhH6j8EhQ9AvAEY27J
** SvtGbNjWE49pTM2TiUZrYKSNkxTJx75mmC
*** Snvrc5q82wfe2NjEjaQAyStpPKseWrsNqn