Budget News Update 3rd Feb 2019

27/01/19
DEXBot WP2 Commences

The BitShares Network commissioned us to continue in mid-January as the DEXBot project earned the 300,000,000+ bts votes required in order to receive funding from the BitShares Network Reserves. The reserves at time of writing are worth ~$30 million - bts token holders approved to spend $24,800 per month on DEXBot development.

03/02/19
Budget Update:
Since Cabinet-multisig-DEXBot-WP2 was voted in on the 9th of January 2019 we have been accumulating bts into the account and periodically selling for bitCNY.
As of 03.02.19 the DEXBot funding account has:

BTS Awaiting Sale: 47,155bts (expected to sell for >10,000CNY)
CNY: 86,600 (worth ~$12,000)

The Lead Developer @Octomatic and Supporting Developer @Vvk123 have been paid their monthly retainers in return for being regularly available to answer questions in a private Telegram room among invited potential contributor-developers. Please post in the t.me/DEXBotbts telegram room if you’d like an invite.
(Neither Octomatic nor Vvk are paid to answer questions outside of this channel.)

Although if they or anyone else chooses to help out new users in the t.me/DEXBotbts telegram room there is $240 per month in the budget available to reward helpers for a few hours at $15/hr.

Upcoming:

Bug Fixes are due to start - with some due to be completed this week.
A tentative release is planned in the next 2-4 weeks.
Bounty Negotiations with a first-time new DEXBot contributor.
Template Guideline for a simple DEXBot feature “UpOneSatoshi” that adds liquidity at the edge of the spread - by beating the current highest bid/lowest spread by 1 satoshi. In order to place a trade in poll position on the orderbook.
A trader who wants to make a one-way trade ASAP (but not necessarily immediately) might use this feature to save a little % by not taking the offer off the book.