Post
Topic
Board Marketplace (Altcoins)
Re: Best Place to Hedge Bitcoin Volatility: 70k fund & 0.1% spread @ NuLagoon.com
by
NuLagoon
on 17/05/2016, 04:38:39 UTC
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%.