USNBT purchases and burns

2020-03-27

Asset Reserve: 155,689.23 USD
Current Move Toward Equilibrium: Weekly 0.7% of Asset Reserve
Move Toward Equilibrium: 1,145.30 USD
Move Actions: Trade BTC for USNBT, then burn acquired USNBT
Move Results: Burned 17,205.4294 USNBT
Approximate price per USNBT: 0.0666 USD
Approximate price per BTC: 170,819.3724 USNBT
Transaction 1 ID: d3633a9fdfecf7d005bfaf0122ed20ce8ed93cca27168fb8d69c9cfaa2d84537
Transaction 1 in block explorer

2020-04-03

Asset Reserve: 147,675.56 USD
Current Move Toward Equilibrium: Weekly 0.7% of Asset Reserve
Move Toward Equilibrium: 1,086.08 USD
Move Actions: Trade BTC for USNBT, then burn acquired USNBT
Move Results: Burned 21,906.0620 USNBT
Approximate price per USNBT: 0.0496 USD
Approximate price per BTC: 138,849.3148 USNBT
Transaction 1 ID: f668ea0638cfe7494da9c4af2e92d5b659a62c072808ff17a58252b3d3f5f445
Transaction 1 in block explorer

2020-04-10

Asset Reserve: 151,188.52 USD
Current Move Toward Equilibrium: Weekly 0.7% of Asset Reserve
Move Toward Equilibrium: 1,111.94 USD
Move Actions: Trade BTC for USNBT, then burn acquired USNBT
Move Results: Burned 21,432.1611 USNBT
Approximate price per USNBT: 0.0519 USD
Approximate price per BTC: 136,149.6622 USNBT
Transaction 1 ID: 1dacf98caa9b9c19c059a396fa27075434fe2d82e209e6280f99a63fdfac461c
Transaction 1 in block explorer

1 Like

2020-04-17

Asset Reserve: 151,104.21 USD
Current Move Toward Equilibrium: Weekly 0.7% of Asset Reserve
Move Toward Equilibrium: 1,111.33 USD
Move Actions: Trade BTC for USNBT, then burn acquired USNBT
Move Results: Burned 18,237.3134 USNBT
Approximate price per USNBT: 0.0609 USD
Approximate price per BTC: 134,641.1002 USNBT
Transaction 1 ID: 6c312cc9e70e5b0f21c75c3ca7cd0ac60526389609ee77e2f824d2ee59e9f4ff
Transaction 1 in block explorer

2020-04-24

Asset Reserve: 155,813.76 USD
Current Move Toward Equilibrium: Weekly 0.7% of Asset Reserve
Move Toward Equilibrium: 1,149.20 USD
Move Actions: Trade BTC for USNBT, then burn acquired USNBT
Move Results: Burned 17,888.2728 USNBT
Approximate price per USNBT: 0.0642 USD
Approximate price per BTC: 119,755.4985 USNBT
Transaction 1 ID: a96aec9036abcfac51830ff3a0bd30f5c368e465280a66766baacf3eb1b78b1e
Transaction 1 in block explorer

2020-05-01

Asset Reserve: 160,255.94 USD
Current Move Toward Equilibrium: Weekly 0.7% of Asset Reserve
Move Toward Equilibrium: 1,190.78 USD
Move Actions: Trade BTC for USNBT, then burn acquired USNBT
Move Results: Burned 15,839.5551 USNBT
Approximate price per USNBT: 0.0752 USD
Approximate price per BTC: 120,728.3163 USNBT
Transaction 1 ID: e1ff09595c50c6737e98cb70abc3c9abb17e19a4e26a158170b1690651b60c70
Transaction 1 in block explorer

What happened the past month? Is this still going on?
I see the NBT park rate has gone back up also.

2020-05-08

Asset Reserve: 186,494 USD
Current Move Toward Equilibrium: Weekly 0.7% of Asset Reserve
Move Toward Equilibrium: 1,305 USD
Move Actions: Trade BTC for USNBT, then burn acquired USNBT
Move Results: Burned 15,934.4283 USNBT
Approximate price per USNBT: 0.0819
Transaction 1 ID: 21adb306d56485e84d3d31a5d0a7798447f65da3e8406fb795e5b3adb85f057e
Transaction 1 in block explorer

1 Like

2020-05-15

Asset Reserve: 170,669 USD
Current Move Toward Equilibrium: Weekly 0.7% of Asset Reserve
Move Toward Equilibrium: 1,195 USD
Move Actions: Trade BTC for USNBT, then burn acquired USNBT
Move Results: Burned 15685.4583 USNBT
Approximate price per USNBT: 0.0762
Transaction 1 ID: efaba04079f7950648796c46db99d4a164a91c7315ac9f9862ad8c9efdea0c31
Transaction 1 in block explorer

2020-05-22

Asset Reserve: 157,569.46 USD
Current Move Toward Equilibrium: Weekly 0.7% of Asset Reserve
Move Toward Equilibrium: 1,175.88 USD
Move Actions: Trade BTC for USNBT, then burn acquired USNBT
Move Results: Burned 9,024.1662 USNBT
Approximate price per USNBT: 0.1303 USD
Approximate price per BTC: 73,510.6403 USNBT
Transaction 1 ID: 9365d955ff8ada530de1c958a94143af85257a68781e1e1a99f9bcd606e991a2
Transaction 1 in block explorer

2020-05-29

Asset Reserve: 170,851 USD
Current Move Toward Equilibrium: Weekly 0.7% of Asset Reserve
Move Toward Equilibrium: 1,196 USD
Move Actions: Trade BTC for USNBT, then burn acquired USNBT
Move Results: Burned 14,188.1942 USNBT
Approximate price per USNBT: 0.0829
Transaction 1 ID: 9db5ff1cd8e9554713bb516f0cfd2010d61999762f2328f574044ff14e5bf139
Transaction 1 in block explorer

2020-06-05

Asset Reserve: 155,401.43 USD
Current Move Toward Equilibrium: Weekly 0.7% of Asset Reserve
Move Toward Equilibrium: 1,159.87 USD
Move Actions: Trade BTC for USNBT, then burn acquired USNBT
Move Results: Burned 10,478.9066 USNBT
Approximate price per USNBT: 0.1107 USD
Approximate price per BTC: 85,502.6378 USNBT
Transaction 1 ID: 7895563133c5b5fd4ab570a9fba149bc7fe7920bdbbbafaaa84b6d2671a6ee99
Transaction 1 in block explorer

1 Like

2020-06-12

Asset Reserve: 155,342 USD
Current Move Toward Equilibrium: Weekly 0.7% of Asset Reserve
Move Toward Equilibrium: 1,087 USD
Move Actions: Trade BTC for USNBT, then burn acquired USNBT
Move Results: Burned 10,045.4683 USNBT
Approximate price per USNBT: 0.1082
Transaction 1 ID: d2adea562337304ca2d01a2c8943616ada6222a1ac8b008dd4d6e20b8831d0cb
Transaction 1 in block explorer

2020-06-19

Asset Reserve: 152,295 USD
Current Move Toward Equilibrium: Weekly 0.7% of Asset Reserve
Move Toward Equilibrium: 1,037 USD
Move Actions: Trade BTC for USNBT, then burn acquired USNBT
Move Results: Burned 10514.8084 USNBT
Approximate price per USNBT: 0.0986
Transaction 1 ID: bd9cae4f51ee10ba08a52509eb121344748653608d422c5a3faca4a99fb88686
Transaction 1 in block explorer

1 Like

@Phoenix your effort is impressing, thanks!

1 Like

2020-06-26

Asset Reserve: $162,492 USD
Current Move Toward Equilibrium: Weekly 0.7% of Asset Reserve
Move Toward Equilibrium: 1,137 USD
Move Actions: Trade BTC for USNBT, then burn acquired USNBT
Move Results: Burned 10216.486 USNBT
Approximate price per USNBT: 0.1112
Transaction 1 ID: 72a957d1abe372cdeda0a799d71ce9520e00c381006bb75f6cfdce0a0f4e3011
Transaction 1 in block explorer

What happened here?

Sorry, purchases and burns had already been made to get caught up, but had not quite been posted. They require a little more calculation in this case because multiple weeks had been included in a batch. I will have the documentation of the burns up shortly. For now, here are the burn transactions for recent weeks:

Burn transactions 20eade88fc0e5e2aee6e32c29d472032cc797621b55e78b3e88df8e418b4e958 and c9d057135390bb33e536e482b38eba58eca97c0561695f8b65eb582f58195793 can be viewed at: https://explorer.nubits.com/address/BN2Nq4a3arF597FeaLd7wMG2MHkG5J5X8U. They total nearly 40,000 USNBT burned!

2 Likes

July 3, 10, 17, 24, 31 and August 7 buybacks and burns were performed as a group. The following is the average for the six weeks, using the August 7 asset reserve.

Asset Reserve: $175,254 USD
Current Move Toward Equilibrium: Weekly 0.7% of Asset Reserve
Move Toward Equilibrium: 1,227 USD
Move Actions: Trade BTC for USNBT, then burn acquired USNBT
Move Results: Burned 6526 USNBT
Approximate price per USNBT: 0.1880
Transaction 1 ID: 20eade88fc0e5e2aee6e32c29d472032cc797621b55e78b3e88df8e418b4e958
Transaction 1 in block explorer
Transaction 2 ID: c9d057135390bb33e536e482b38eba58eca97c0561695f8b65eb582f58195793
Transaction 2 in block explorer

The total USNBT burned for the six weeks is 39,155.2957.

1 Like

August 14th, 21st, and 28th buybacks and burns were performed as a group. The following is the average for the three weeks, using the August 28th asset reserve.

Asset Reserve: $133,591 USD
Current Move Toward Equilibrium: Weekly 0.7% of Asset Reserve
Move Toward Equilibrium: 935 USD
Move Actions: Trade BTC for USNBT, then burn acquired USNBT
Move Results: Burned 4190 USNBT
Approximate price per USNBT: 0.2232
Transaction 1 ID: 7658e87e71b207883e0076bc147616809b1c0dabd83213a055b8dcb8353f11cb
Transaction 1 in block explorer

The total USNBT burned for the three weeks is 12,571.1975