/biz/ - Business & Finance

Alpha leak: The end is nigh fo(...) Fri Dec 11 16:43:49 2020 No.24739199 [View]
File: 308 KB, 1015x1027, Tim Draper moon.png [View same] [iqdb] [saucenao] [google]

In anticipation of triple-digit APY liquidity mining going live on Bancor v2.1, 53% of BNT has now been staked in the protocol. The result of this is that, amidst the backdrop of a huge market-wide dump in crypto, the price of BNT has remained virtually static. It's becoming harder and harder for this coin to dump the coin as more of it is staked, waiting for full impermanent loss protection after 100 days, and removed from circulating supply. It is carving out its own trajectory, immune from BTC shitting the bed.

This chart shows BNT is being moved off exchanges at the highest right ever. it’s a very positive signal and is likely because this BNT is being locked up in our pools:

https://twitter.com/santimentfeed/status/1334293314208555009?s=21

It's been a bumpy ride, but not long left now.

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