Best Place to Hedge Bitcoin Volatility: 70k fund & 0.1% spread @ NuLagoon.com

NuLagoon

member

Activity: 63

Merit: 10

NuLagoon Pools decided to adjust the terms of Pool C and D as follow:

1. The balance target of size of Pool C and Pool D is set to 1.5:1

2. If Pool C and D is unbalanced, interest rate moves up or down by 5% in each adjustment.

The update effective next accounting day: 19 May 2016.

One of the feedbacks regarding Pool D is that although it is named leveraged liquidity pool, but its effecitve leverage ratio is less than 1. The above terms adjustment will increase the leverage of Pool D to approximately 1.25x of Bitcoin + custodian fee. This should significantly increase Pool D 's performance in a Bull BTC market.

http://nulagoon.com/lqpools.html#TermCD

Code:

**Pool C Interest Rate Adjustment:**

- The pool C’s annual interest rate will be 20% when it begin operation.

- When the total asset of pool C is greater than 125% of 1.5 times the total asset of pool D, then pool C’s annual interest rate will decrease by 5%, new rate begin effective at the next accounting day. The minimum of the interest rate is 1%.

- When the total asset of pool C is less than 80% of 1.5 times the total asset of pool D, then pool C’s annual interest rate will increase by 5%, new rate begin effective at the next accounting day. The maximum of the interest rate is 100%.

NuLagoon

member

Activity: 63

Merit: 10

https://nulagoon.com

Prepping for Bitcoin halving? You just need a better place to hedge your bitcoin volatility. Try to trade with NuBits at https://nulagoon.com

NuLagoon Tube is easy and safe to use. Best of all, you can trade coins by using your local wallets, where nobody can steal your coins from.

It just announced its new unbelievably tight spread 0.1%.

How much you can access at that spread? About $37,000 at each side! How much trade fee you have to pay? Just 0.1%!

Enjoy It!

NuLagoon

member

Activity: 63

Merit: 10

[ANN]
We just added the BID/ASK quote info in Btc as well as in dollars. Users now can easily compare the price between Poloniex and us.

Please be aware that the BTC price is continuesly floating according to 5 major BTC price data feeds, and will be fixed at the time users' send-in transaction firstly be seen in the blockchanin of Nubits or Bitcoin. However, the price displayed in our website do can give a general impression of the quality of liquidity we offer in NuLagoon Tube.

Enjoy it.

NuLagoon

member

Activity: 63

Merit: 10

We are very glad to tell everyone that NuLagoon Tube has been listed in the Coinmarketcap.com Nubits/Bitcoin market.

https://coinmarketcap.com/exchanges/nulagoon-tube/

https://coinmarketcap.com/currencies/nubits/#markets

NuLagoon

member

Activity: 63

Merit: 10

[ANN]
We are exsited to announce that we added a new register feature to NuLagoon Tube. Just simply fill a registration form with your NBT and BTC addresses, submit it and wait for us to finish the left job. Please check

http://nulagoon.com
----------

**Absolutly No Cost and No Pain. Enjoy it!**

NuLagoon

member

Activity: 63

Merit: 10

The Bonus Porject Closed at 19 Dec.
7 bonus was sent to 7 participants during six months, Congratultaions to them.

A new exciting service, NuLagoon Tube, was just opend to you, please go and have a look at it. Thank you.

https://bitcointalksearch.org/topic/m.13295050

NuLagoon

member

Activity: 63

Merit: 10

Quote from: MonSter_001 on November 02, 2015, 09:07:38 PM

how much is the minimal amount to participate? i want to join

Minimal amount is 4BTC or 1000NBT. Please read the documents at http://nulagoon.com carefully before participate.

Thank you.

MonSter_001

newbie

Activity: 25

Merit: 0

how much is the minimal amount to participate? i want to join

NuLagoon

member

Activity: 63

Merit: 10

Quote from: coffy on October 26, 2015, 12:59:57 AM

send 1030nbt to pool A from B9mW7XJ7Jgp6JoCXZuzedxaMy9qmLpAjVF

https://blockexplorer.nu/transactions/e1019ccaf8ef1e8b47ff491a29811f0e560290e559380c908c77041cc77089ab

The #7 eligible bonus claim.

10 NBT was sent to B9mW7XJ7Jgp6JoCXZuzedxaMy9qmLpAjVF by TX:
https://blockexplorer.nu/transactions/c7f89e1eeca72a9e76a7e614f7bb97162d9894cd1380679e2a301e4653bc2e4e

MrsHash

full member

Activity: 140

Merit: 100

Quote from: randomThrowawayAccount02 on July 30, 2015, 03:07:36 PM

Quote from: NuLagoon on July 30, 2015, 07:36:44 AM

Bonus was sent by the following TX:
https://blockchain.info/tx/75ab200c46a1ffc0ae49e57b1dff99952afc5a7169c12c26a77b35473be9dde3

Bonus received - thank you very much!
Let's see how this works out; you might have recognized that my funds are still at your pool

I like the concept - little effort to monitor this for your customers and in this pool a safe bet to receive more USD value than was invested.
Well done, NuLagoon!

How much did you deposit?

coffy

newbie

Activity: 12

Merit: 0

send 1030nbt to pool A from B9mW7XJ7Jgp6JoCXZuzedxaMy9qmLpAjVF

https://blockexplorer.nu/transactions/e1019ccaf8ef1e8b47ff491a29811f0e560290e559380c908c77041cc77089ab

randomThrowawayAccount02

newbie

Activity: 5

Merit: 0

imo stable BTC price leads to profit as well.
Falling BTC price is dangerous for profit as traders can hedge against the pool funds.
That's why the compensation is quite high me thinks.

zoro1

hero member

Activity: 812

Merit: 1000

thus, in order for A and D pools to be profitable, BTC should be at least stable or rising ?

randomThrowawayAccount02

newbie

Activity: 5

Merit: 0

Quote from: NuLagoon on July 30, 2015, 07:36:44 AM

Bonus was sent by the following TX:
https://blockchain.info/tx/75ab200c46a1ffc0ae49e57b1dff99952afc5a7169c12c26a77b35473be9dde3

Bonus received - thank you very much!
Let's see how this works out; you might have recognized that my funds are still at your pool

I like the concept - little effort to monitor this for your customers and in this pool a safe bet to receive more USD value than was invested.
Well done, NuLagoon!

NuLagoon

member

Activity: 63

Merit: 10

Quote from: NuLagoon on July 28, 2015, 06:19:25 PM

The #6 eligible bonus claim.

0.04 BTC bonus will be sent to 1Lee5SBgi1tDaMPwYctYY5xqPnt1bWqGUH at next accounting day (30 July).

Bonus was sent by the following TX:
https://blockchain.info/tx/75ab200c46a1ffc0ae49e57b1dff99952afc5a7169c12c26a77b35473be9dde3

NuLagoon

member

Activity: 63

Merit: 10

Quote from: randomThrowawayAccount02 on July 28, 2015, 02:42:06 PM

bump

@NuLagoon: is information missing or is my investment (https://bitcointalksearch.org/topic/m.11927148) not eligible for the bonus?

The #6 eligible bonus claim.

0.04 BTC bonus will be sent to 1Lee5SBgi1tDaMPwYctYY5xqPnt1bWqGUH at next accounting day (30 July).

randomThrowawayAccount02

newbie

Activity: 5

Merit: 0

bump

@NuLagoon: is information missing or is my investment (https://bitcointalksearch.org/topic/m.11927148) not eligible for the bonus?

randomThrowawayAccount02

newbie

Activity: 5

Merit: 0

Quote from: NuLagoon on July 20, 2015, 05:31:39 PM

Quote from: randomThrowawayAccount02 on July 20, 2015, 01:52:42 PM

Example: say somebody invests 10 BTC, the reward is 20% per year (to keep it simple, the reward stays constant). After 1 year, this Investor can withdraw 12 BTC - no matter what USD value they have.

Did I understand that right?

Thank you for investing in NuLagoon Pools. You asked a very important question. I am afraid there is a misunderstanding in your example. Let me explain.

US Dollar is the base currency in NuLagoon accounting. That means a 10 BTC deposit will be treated as a 2500 USD deposit (if the BTC price is 250 USD at the accounting day it deposit). One year later, the investment grows to 3000 USD (assuming NAV grows 20%). How much BTCs investor will get in withdrawal depends on the USD price at the accounting day of withdrawal. If the BTC price is 300, investor get 10 BTC, if the price is 200, investor get 15 BTC.

Thank you.

Thank you for the explanation.
It makes more sense this way now that I come to think about it.
But please tell me: is there a place in the terms or the FAQ that I did miss (which explained this detail abotut pool C)?)

NuLagoon

member

Activity: 63

Merit: 10

Quote from: zoro1 on July 21, 2015, 07:29:42 AM

and according to http://nulagoon.com/ interest rate of pool C can be changed :

Pool C Interest Rate Adjustment:

   The pool C’s annual interest rate will be 20% when it begin operation.

   When the total asset of pool C is greater than 125% of the total asset of pool D, then pool C’s annual interest rate will decrease by 10%, new rate begin effective at the next accounting day. The minimum of the interest rate is 2%.

   When the total asset of pool C is less than 80% of the total asset of pool D, then pool C’s annual interest rate will increase by 10%, new rate begin effective at the next accounting day. The maximum of the interest rate is 100%.

Exactly. The annual interest rate of pool C at the moment is already adjusted from 20% to over 30%.

zoro1

hero member

Activity: 812

Merit: 1000

and according to http://nulagoon.com/ interest rate of pool C can be changed :

Pool C Interest Rate Adjustment:

   The pool C’s annual interest rate will be 20% when it begin operation.

   When the total asset of pool C is greater than 125% of the total asset of pool D, then pool C’s annual interest rate will decrease by 10%, new rate begin effective at the next accounting day. The minimum of the interest rate is 2%.

   When the total asset of pool C is less than 80% of the total asset of pool D, then pool C’s annual interest rate will increase by 10%, new rate begin effective at the next accounting day. The maximum of the interest rate is 100%.

Topic: Best Place to Hedge Bitcoin Volatility: 70k fund & 0.1% spread @ NuLagoon.com (Read 4304 times)