Author Topic: Seeking price feed publishers for the Norns (Urthr, Verthandi & Skuld)  (Read 2024 times)

0 Members and 1 Guest are viewing this topic.

Offline R

  • Hero Member
  • *****
  • Posts: 724
    • View Profile
The Norns are a set of three Algorithm Based Assets issued on the Bitshares platform. They use Bitshares as collateral, reference an oscillating quantity of Bitshares, are 120 degrees offset from one another and have an approximate amplitude of 5.303% over a 28 day period.

More in depth article: https://github.com/BTS-CM/Norns/blob/master/about.md

Price feed scripts:

https://github.com/BTS-CM/Norns/blob/master/parallel_feed.py
https://github.com/Zapata/bitshares-pricefeed/blob/develop/bitshares_pricefeed/sources/norm.py

Explorer links:
https://cryptofresh.com/a/SKULD
https://cryptofresh.com/a/URTHR
https://cryptofresh.com/a/VERTHANDI

NOTE: Visiting the asset page directly within the Bitshares wallet results in a white screen, don't worry though its being worked on: https://github.com/bitshares/bitshares-ui/issues/2403

I've pre-configured the following individuals as authorized price feed publishers:
Quote
#1   fox   
#2   xeldal   
#3   delegate.ihashfury   
#4   bhuz   
#5   delegate-1.lafona   
#6   in.abit   
#7   verbaltech2   
#8   witness.yao   
#9   roelandp   
#10   taconator-witness   
#11   blckchnd   
#12   sahkan-bitshares   
#13   sc-ol   
#14   delegate-zhaomu   
#15   hertz-feed   
#16   witness.hiblockchain   
#17   clockwork   
#18   magicwallet.witness   
#19   bangzi   
#20   gdex-witness   
#21   zapata42-witness   
#22   btspp-witness   
#23   oxarbitrage-feeder

If anyone else is interested in publishing price feeds for these 3 new Algorithm Based Assets, please reply below and I'll update the settings to allow this.

Cheers
« Last Edit: February 28, 2019, 01:36:46 am by Customminer »

Offline R

  • Hero Member
  • *****
  • Posts: 724
    • View Profile
Re: Seeking price feed publishers for the Norns (Urthr, Verthandi & Skuld)
« Reply #1 on: January 28, 2019, 07:19:41 pm »
Update: Sorry for the inconvenience caused to price feed producers, but I've reduced the amplitude due to a previous miscalculation. It's now configured with an amplitude of 5.303030303.

Offline R

  • Hero Member
  • *****
  • Posts: 724
    • View Profile
Re: Seeking price feed publishers for the Norns (Urthr, Verthandi & Skuld)
« Reply #2 on: January 29, 2019, 10:48:24 pm »
Cryptick wrote an interesting article on the Norns on Whaleshares: https://whaleshares.io/bitshares/@cryptick1/trustless-peer-to-peer-loan-sharks-on-bitshares

Offline George_Bitspark

  • Full Member
  • ***
  • Posts: 59
  • Co-Founder and CEO of Bitspark
    • View Profile
    • Bitspark
Re: Seeking price feed publishers for the Norns (Urthr, Verthandi & Skuld)
« Reply #3 on: February 04, 2019, 05:27:05 am »
Excellent article and wow this is a really good usage of Bitshares smartcoins!
Bitspark- Cash to Cryptocurrency

Offline R

  • Hero Member
  • *****
  • Posts: 724
    • View Profile

Offline R

  • Hero Member
  • *****
  • Posts: 724
    • View Profile
Re: Seeking price feed publishers for the Norns (Urthr, Verthandi & Skuld)
« Reply #5 on: February 08, 2019, 04:03:32 pm »
Reference price feed script has been updated with additional full node urls, the price feed script was getting stuck on a server's 503 error prompt. I've also added some debugging info to the readme. The private price feed publisher list has been updated to include several more Bitshares witnesses, participation would be massively appreciated.

Offline R

  • Hero Member
  • *****
  • Posts: 724
    • View Profile

Offline R

  • Hero Member
  • *****
  • Posts: 724
    • View Profile
Re: Seeking price feed publishers for the Norns (Urthr, Verthandi & Skuld)
« Reply #7 on: February 28, 2019, 01:42:34 am »


There's currently 6 active price feed publishers, looking for more interested price feed publishers to begin publishing.

Offline Frankamary

  • Newbie
  • *
  • Posts: 2
    • View Profile
Seeking price feed publishers for the Norns Urthr Verthandi Skuld
« Reply #8 on: April 07, 2019, 12:59:31 am »
what difference it would do to have such a script and have this in ptokax, except the the time involved to change?

Offline R

  • Hero Member
  • *****
  • Posts: 724
    • View Profile
Re: Seeking price feed publishers for the Norns Urthr Verthandi Skuld
« Reply #9 on: April 14, 2019, 11:39:32 am »
what difference it would do to have such a script and have this in ptokax, except the the time involved to change?
I don't know what ptokax is, can you elaborate?

----

On another note - to any active/standby witnesses I'm still seeking additional price feed publishers for the Norns. We've been stuck at 6 for over the last month unfortunately, only 1 more to activate.

Offline R

  • Hero Member
  • *****
  • Posts: 724
    • View Profile
Re: Seeking price feed publishers for the Norns (Urthr, Verthandi & Skuld)
« Reply #10 on: April 23, 2019, 10:08:14 am »
Bump - seeking price feed publishers!


Offline matle85

  • Full Member
  • ***
  • Posts: 132
    • View Profile
Re: Seeking price feed publishers for the Norns (Urthr, Verthandi & Skuld)
« Reply #12 on: April 25, 2019, 07:21:19 pm »
Great job!

Offline R

  • Hero Member
  • *****
  • Posts: 724
    • View Profile
Re: Seeking price feed publishers for the Norns (Urthr, Verthandi & Skuld)
« Reply #13 on: April 26, 2019, 02:33:56 pm »
Great job!
Thanks, I'm interested in seeing these pick up steam on the DEX & for more price feed publishers to join in.

Offline R

  • Hero Member
  • *****
  • Posts: 724
    • View Profile
Bump! Still seeking active price feed publishers for the Norns

Offline R

  • Hero Member
  • *****
  • Posts: 724
    • View Profile
The quantity of Norn price feed publishers is dropping, I'd greatly appreciate price feed participation. There's peak value buy orders in to the tune of ~1M BTS at the moment, that would result in 2M BTS being locked up as collateral at reduced GS risk. Hoping other active witnesses take an interest soon 👍

Offline R

  • Hero Member
  • *****
  • Posts: 724
    • View Profile
Bump! Looking for active price feed publishers & hope that traders will decide to start shorting/trading the norns in the future 👍

Offline R

  • Hero Member
  • *****
  • Posts: 724
    • View Profile
New site for previewing the surrounding 28 days worth of norn values: https://norns.hertz.network/

Offline R

  • Hero Member
  • *****
  • Posts: 724
    • View Profile
Re: Seeking price feed publishers for the Norns (Urthr, Verthandi & Skuld)
« Reply #18 on: August 19, 2019, 07:15:27 pm »
Looking for further price feed publishers for the norns. Perhaps a BSIP would be the best way to get witness feed attention? 😂

Offline R

  • Hero Member
  • *****
  • Posts: 724
    • View Profile
Re: Seeking price feed publishers for the Norns (Urthr, Verthandi & Skuld)
« Reply #19 on: August 28, 2019, 06:36:04 pm »
Bump. Still looking for further price feed publishers & market participants 👍

Offline bench

Re: Seeking price feed publishers for the Norns (Urthr, Verthandi & Skuld)
« Reply #20 on: August 29, 2019, 06:10:48 pm »
Bump. Still looking for further price feed publishers & market participants 👍
You should set up a market fee and share it to price feed publisher!
Be part of the change and vote for the bitshares-vision proxy!

Offline R

  • Hero Member
  • *****
  • Posts: 724
    • View Profile
Re: Seeking price feed publishers for the Norns (Urthr, Verthandi & Skuld)
« Reply #21 on: August 29, 2019, 09:29:33 pm »
Bump. Still looking for further price feed publishers & market participants 👍
You should set up a market fee and share it to price feed publisher!
Market fee permission is permanently disabled.

Offline bench

Re: Seeking price feed publishers for the Norns (Urthr, Verthandi & Skuld)
« Reply #22 on: August 30, 2019, 12:19:55 pm »
Bump. Still looking for further price feed publishers & market participants 👍
You should set up a market fee and share it to price feed publisher!
Market fee permission is permanently disabled.
Why ?
Be part of the change and vote for the bitshares-vision proxy!

Online binggo

  • Hero Member
  • *****
  • Posts: 1448
    • View Profile
Re: Seeking price feed publishers for the Norns (Urthr, Verthandi & Skuld)
« Reply #23 on: August 30, 2019, 12:26:20 pm »
Bump. Still looking for further price feed publishers & market participants 👍
You should set up a market fee and share it to price feed publisher!
Market fee permission is permanently disabled.
why?

Online clockwork

  • Committee member
  • Sr. Member
  • *
  • Posts: 365
    • View Profile
  • BitShares: clockwork
Re: Seeking price feed publishers for the Norns (Urthr, Verthandi & Skuld)
« Reply #24 on: August 30, 2019, 12:33:29 pm »
Bump. Still looking for further price feed publishers & market participants 👍
You should set up a market fee and share it to price feed publisher!
Market fee permission is permanently disabled.
why?

I believe they were created prior to market fee sharing and there is no way to reenable those flags

Offline bench

Re: Seeking price feed publishers for the Norns (Urthr, Verthandi & Skuld)
« Reply #25 on: August 31, 2019, 10:51:15 am »
I believe they were created prior to market fee sharing and there is no way to reenable those flags
There should be an option to allow the changes of market fees. -> hardfork
Be part of the change and vote for the bitshares-vision proxy!

Offline pc

  • Hero Member
  • *****
  • Posts: 1504
    • View Profile
    • Bitcoin - Perspektive oder Risiko?
  • BitShares: cyrano
Re: Seeking price feed publishers for the Norns (Urthr, Verthandi & Skuld)
« Reply #26 on: August 31, 2019, 01:56:32 pm »
I believe they were created prior to market fee sharing and there is no way to reenable those flags
There should be an option to allow the changes of market fees. -> hardfork

The "permissions" of an asset define the rules for both issuer and holders. By unsetting a permission the issuer *guaranteees* the he will never enable the corresponding flag. Re-enabling the permission would break that guarantee, and would be against the interests of the holders. Therefore it is not possible to re-enable asset permissions as long as the supply is greater than 0.

This is deliberately so and is unlikely to be changed in a hardfork.
Bitcoin - Perspektive oder Risiko? ISBN 978-3-8442-6568-2 http://bitcoin.quisquis.de

Online sschiessl

Re: Seeking price feed publishers for the Norns (Urthr, Verthandi & Skuld)
« Reply #27 on: August 31, 2019, 07:35:02 pm »
I believe they were created prior to market fee sharing and there is no way to reenable those flags
There should be an option to allow the changes of market fees. -> hardfork

The "permissions" of an asset define the rules for both issuer and holders. By unsetting a permission the issuer *guaranteees* the he will never enable the corresponding flag. Re-enabling the permission would break that guarantee, and would be against the interests of the holders. Therefore it is not possible to re-enable asset permissions as long as the supply is greater than 0.

This is deliberately so and is unlikely to be changed in a hardfork.

Aha! With supply zero I can re enable permissions?

Offline R

  • Hero Member
  • *****
  • Posts: 724
    • View Profile
Re: Seeking price feed publishers for the Norns (Urthr, Verthandi & Skuld)
« Reply #28 on: August 31, 2019, 10:32:11 pm »
Bump. Still looking for further price feed publishers & market participants 👍
You should set up a market fee and share it to price feed publisher!
Market fee permission is permanently disabled.
Why ?

The market fee permission was disabled for the Norns to reduce potential regulatory hurdles/issues.

Other users on the Bitshares platform are welcome to create their own alternative algorithm based assets with market fees enabled, using the existing Norn price feed scripts (MIT licensed).

The network will still earn fees from any Norn related operations on the bitshares platform.

I've not had any direct feedback from potential price feed publishers regarding fees prohibiting their price feed publishing participation, they're one of the cheapest operations on the network. I've created 6M+ price feed operations on the bitshares network so far for hertz & the norns.

Offline R

  • Hero Member
  • *****
  • Posts: 724
    • View Profile
Re: Seeking price feed publishers for the Norns (Urthr, Verthandi & Skuld)
« Reply #29 on: September 09, 2019, 10:57:58 pm »
Seeking further price feed publishers & market participants 👍

Put in a request to translate both the Hertz & the Norns whitepapers from English to Chinese: https://bitsharestalk.org/index.php?topic=29573.msg335258#msg335258

Offline R

  • Hero Member
  • *****
  • Posts: 724
    • View Profile
Re: Seeking price feed publishers for the Norns (Urthr, Verthandi & Skuld)
« Reply #30 on: September 12, 2019, 03:29:22 pm »
Attention price feed publishers: Since the recent Bitshares blockchain halt, multiple price feed sources for the norns ceased publishing feeds due to getting stuck on a 503 error. Please reset your price feed scripts to begin feeding the Norns once again, thanks.

Offline R

  • Hero Member
  • *****
  • Posts: 724
    • View Profile
Re: Seeking price feed publishers for the Norns (Urthr, Verthandi & Skuld)
« Reply #31 on: September 16, 2019, 05:09:52 pm »
Norn price feed publishers have reactivated their feeds, you can borrow/settle norns as usual now.

Tomorrow: Peak Urthr, intersection of depreciating Skuld & appreciating Verthandi!

https://norns.hertz.network/