Author Topic: ANN- CRUDE FINANCE AMM LIQUIDITY POOL DAO  (Read 17896 times)

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Offline chigbolu

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Bitsharescrude now has three new assets; the Liquidity pool token, the smartcoin and the leveraged asset token
The liquidity Pool is not yet active because of the bitshares UI, however the other assets are now active and can be traded
The smartcoin CRUDE.BTS tracks the avg daily price of bitshares, and is backed by CRUDE.NGN, While the Leverage Asset Token
CRUDE.LVRG tracks the weekly price change of bitshares multiplied by 5, i.e @ a 5X leverage.
This leverage applies only for small trades, to increase CLVRG supply new accounts must start at 1:5 odd or 0.2 odd against CNGN
Part of the *funds gotten will then be used to open new positions against CNGN. The rest will be used to trade on the Futures Market.

*All funds gotten will be converted to USD/BTS @ 1:5.

https://bts.ai/asset/CRUDE.LVRG
https://github.com/bitsharescrude/CRUDE.LVRG
https://ex.xbts.io/market/CRUDE.LVRG_BTS
https://ex.xbts.io/market/CRUDE.LVRG_CRUDE.NGN


https://ex.xbts.io/market/CRUDE.BTS_BTS
https://ex.xbts.io/market/CRUDE.BTS_CRUDE.NGN
https://github.com/bitsharescrude/CRUDE.BTS
« Last Edit: November 15, 2020, 05:41:25 am by chigbolu »

Offline chigbolu

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We now have CRUDE.BTS smartasset, which follows the price of BTS in Naira, and is backed by CRUDE.NGN, A list of well known price Feeders have been added...
https://bts.ai/block/53170283

https://github.com/bitsharescrude/CRUDE.BTS
« Last Edit: November 15, 2020, 05:51:37 am by chigbolu »

Offline chigbolu

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Week 8 Top Ten Trading Reward

koba 2.675EVRAZ
jarko-srb 1.982EVRAZ
nonso-isi 123.463STH
gich-go 1.277EVRAZ
arisha-luk 1.13EVRAZ
zgt1  1.122EVRAZ
vksh79 1.113EVRAZ
thik-he 1.104EVRAZ
sweet-girl 1.097EVRAZ
tf7679 1.088EVRAZ

Next Reward Pot will be shared on the 15th of November 2020

Offline chigbolu

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Week 7 Top Ten Trading Reward
bharat 3.864EVRAZ
nonso-isi 213.819STH
global-ru 2.573EVRAZ
bu-dva 2.446EVRAZ
jarko-srb 2.331EVRAZ
amanter 2.192EVRAZ
altin 2.150EVRAZ
aton 1.942EVRAZ
koba 1.170EVRAZ
gncht 1.151EVRAZ

Next Reward Pot will be shared on the 8th of November 2020
 

Offline chigbolu

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Week 6 CNGN top ten trading reward
1. bharat 4.348 EVRAZ
2. global-ru 2.521 EVRAZ
3. bu-dva 2.397 EVRAZ
4. jarko-srb 2.293 EVRAZ
5. altin 2.107 EVRAZ
6. aton 1.903 EVRAZ
7. accracreditunion 0.223 TWENTIX
8. koba 1.147 EVRAZ
9. gncht 1.128 EVRAZ
10. evrazb9 1.089 EVRAZ

The Next pot will be shared on  1st November, 2020

Offline chigbolu

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New website for tracking popular bitshares assets has been created http://mcap.bitsharescrude.i.ng/.

Offline chigbolu

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Week 5 CNGN top ten trading reward
1.accracreditunion 0.414TWENTIX     
2.altin 0.997EVRAZ
3.aton 1.022EVRAZ
4.amanter 1.031EVRAZ
5.arisha-luk 1.039EVRAZ
6.evrazb9 1.194EVRAZ
7.gncht 1.237EVRAZ
8.bharat 2.510EVRAZ
9.global-ru 2.766EVRAZ

Offline chigbolu

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CRUDENGN ASSET REPORT
Current Supply: 270000 CNGN
Issuer income: 3869.45CNGN
Cumulative trade volume: 3869450CNGN
Total asset value in CNGN: 166911.49
Equivalent Naira: 202296.73NGN @ 470
BMR : 1.212
Decay Supply @387: 16280.30CNGN
Double Mark @387: 150631.19CNGN
Buy back volume = 133239.41CNGN
Decay Value @387 = +33672.09
Backing Value = -103088.50CNGN
Risk= 38.18%
Holders: 41
« Last Edit: October 18, 2020, 04:48:03 am by chigbolu »

Offline chigbolu

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Week 4 CNGN top ten trading reward
1. lode: 0.675TWENTIX
2. bharat 1.992EVRAZ
3. evrazb9...  1.18EVRAZ
4. global-invest 1.148EVRAZ
5. arisha-luk 1.061EVRAZ
6. amanter 1.019EVRAZ
7. gich-go 1.011EVRAZ
8. bu-dva 1.002EVRAZ
9. altin 0.985ERAZ

Next reward pot will be shared on the 18th of October 2020

Offline chigbolu

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CRUDENGN ASSET REPORT
Current Supply: 270000 CNGN
Issuer income: 3804.67CNGN
Cumulative trade volume: 3804670CNGN
Total asset value in CNGN: 176518.7
Equivalent Naira: 211116.37NGN @ 466.44$
BMR : 1.196
Decay Supply @390: 22784.17CNGN
Double Mark @390: 153734.53CNGN
Buy back volume = 138940.72CNGN
Decay Value @389 = +37577.98
Backing Value = -93481.3CNGN
Risk= 34.62%
Holders: 37
A new parameter has been added which was initially forgotten, that is the assets backing Value, which is currently at a negative, this means the owner is trading at loss, it doesn't affect buyback of the asset, it's only affects the peg. Users should take note of this, the peg risk level is also added to show the effect of this new parameter.

Offline chigbolu

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Week 3 CNGN top ten trading reward
1. lode: 0.443TWENTIX, 0.487WEYOUME
2. evrazb9...  1.067EVRAZ
3. altin 1.037ERAZ
4. gncht 0.988EVRAZ
5. bu-dva 0.975EVRAZ
6. bharat 0.967EVRAZ
7. aton 0.964EVRAZ
8. arisha-luk 0.96EVRAZ
9. amanter 0.956EVRAZ

Next reward pot will be shared on the 11th of October 2020

Offline chigbolu

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CRUDENGN ASSET REPORT
Current Supply: 270000 CNGN
Issuer income: 3656.38CNGN
BTS/CNGN 30D RANGE 22.4-8.14CNGN
USDT/CNGN 30D RANGE 420-387CNGN
Cumulative trade volume: 3656380CNGN
Total asset value in CNGN: 180584.20
Equivalent Naira: 214813.93NGN @ 463/$
BMR : 1.19
Decay Supply @389: 13639.17CNGN
Double Mark @389: 194457.27CNGN
Buy back volume = 137787.23CNGN
Decay Value @389 = +46453.35
Holders: 37

Offline chigbolu

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 Here's the result of the Independence Giveaway contest...
Winners 🍬🍬🍭🍭🍬 :-*
1st  iamredbar1 (82.35%)
 Prize 7000STH

2nd nonso-isi (64.71%)
Prize 3733.38STH

3rd  tradecoin-2018 (47.06%)
Prize 2333.34STH

Consolation prize 💰 466.2STH
pcm1
lode


Trading Reward Winners 💰
1st place aton 71.5EVRAZ
2nd place bharat 42.9EVRAZ
3rd place altin 28.6EVRAZ

Prizes will be shared tomorrow ☺️☺️☺️🍭🍬🍬🍬🍭😋😋😋😋

Offline chigbolu

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A total of 5000CNGN will be shared among the wallets holding above 10,000CNGN according to their percentage holdings

Offline chigbolu

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Bitsharescrude Independence giveaway
To celebrate Nigeria's 60th Independence anniversary, bitsharescrude will be giving out crypto candies to well wishers. In order to be eligible for this event, you must have a bitshares wallet. The giveaway activity is divided into two....
Part 1
Quiz round... The top three winners will get to share the candy reward. Other participants will receive consolation candies....
Part 2
Trading Reward for the best CNGN market on the bitshares DEX which is currently EVRAZ. The top 3 EVRAZ traders will get to share the candies in the form of evraz coins, the sharing formula will be according to the percentage of CNGN each trader holds...
The quiz questions will be shared tomorrow on all bitshares group as well as our watsapp group.
A total of 5000CNGN worth of candies is expected to be shared, good luck...