ETP can increase both demand and consumption of NuBits. However, the two goals should be achieved by different strategies and different time-line.
Increasing NuBits demand: will see significant amount in a short or mid-term, allowing us to have more money in liquidity operation and NuShare buyback, Once NuShare price is doubled or tripled, we will have more space to fund profitable initiatives, thus entering a positive feedback loop.
Increasing NuBits consumption: It is not practical to expect ETP could generate 40 thousands of NuBits consumption in short or mid term. We should do our best to promote trade of BearBTC and BullBTC by the low fee now and in the mid future. Once the market is well established and have notable trading volume, we can collect exchange trade fee to generate revenue. There will be many ways to do this in future, one way is, as describled in the motion, NuLagoon collect fee and burn half of them for NuShareholders. Another way is to let users submit trade order with a NuBits fee greater than 0.01, for example, 0.1% fee of trade size.
