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Reason and MethodTier 3 distribution of T4 funds is at a critical point, specifically in its ability to bring NBT to the Poloniex exchange. Reminiscent of the previous operations of @jmiller and @KTm, funds will be given to a trusted shareholder to sell on-exchange with no collateralization. To aid in the distribution of NBT, @Nagalim is willing to accept NBT from T4 reserves with an address on Poloniex exchange. @Nagalim will place all received NBT in a Poloniex account and run the nu-pool ALP software with mutually agreed upon parameters, defaulting to 0.05% offset sellside and a large buyside offset (~5%) or buy side turned off entirely. Trusted CustodianshipAny BTC recieved will be sent to a T4 liquidity address once per week at a minimum and once per day at a maximum. A backup in funds due to poloniex's rules on withdrawal will be communicated to T4 signers. @Nagalim will keep any reward from the ALP bot as payment for the services provided. This grant proposal is a general vote of confidence for @Nagalim to bring funds to market at $1 per NBT, but it will be up to the reserve signers to determine volume and rate; however, they will be restricted to 25,000 NBT/week or less. Ending the Sale@Nagalim can at any time cease operation, burning the remaining NBT and sending the remaining BTC to T4 reserves. If no T4 NBT is received by the account for a continuous 15 day period, operations will cease in the same manner. If two T4 signers in tandem consent with @Nagalim to resume sell-side custodianship after ceasing operations, this contract may still be presumed valid.
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