Monday, 25 July 2016

MUTUAL FUND #MARKETMAKING ON #NXT DISTRIBUTED #MARKETS

Account: NXT-PNVQ-B5RN-QHHR-3BC7U Asset Id: 8122396658538927693

MMBTCD

The MMBTCD asset is live. Nxt AE asset ID: 8122396658538927693

The aim of this asset is to increase liquidity for BTCD and place gentle upward pressure on it. Coinomat has done great work with the MMNXT asset. BTCD has much lower volumes and thinner order books, so we're taking a mutual fund as well as market-maker approach. Hopefully using revenues from other assets will inject some liquidity and give us something to work with. Coinomat has very generously donated 100,000 coinomat assets to MMBTCD.

MMBTCD will pay out in mgwBTCD / superBTCD. More info:
https://nxtforum.org/assets-board/btcd-mutual-fund-and-market-making-asset-mmbtcd/

Sources

Latest Top Stories -->> http://www.occupythebanks.com 

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