/biz/ - Business & Finance

>>29860163
There have been >5 audits done since july 5th 2020

Bancor invented the AMM protocol that became Uni, sushi etc etc

Lend got hacked (now Aave), Maker got hacked, Eth got hacked (remember the first DAO?)...list goes on

LINK whales trust >110m worth of LINK on the protocol, not to mention the other ~400m+ worth of "trust" on the platform.

>>29475216
Andre "midas" of defi, never had an original idea.

BNT is my comfiest hold by far

Best devs
Best community
Best AMM and it's becoming increasingly clear, especially to whales (look at the pools!)
Best upcoming roadmap

$100 EOY

BNT is the sleeping giant that many whales have taken a liking to.

>They basically invented AMM's (UNI). Yes, really.
>Have actual, usable impermanent loss protection. Your impermanent loss is 100% protected against after 100 days of staking.
>They have a live Arbitrum test net since January 1st. Front end demo just launched. 50x savings on fees incoming.
>They are bridged with EOS and are actively working on a bridge to Polkadot
>Limit orders and UI update coming very soon
>An update just passed (Bancor Vortex) governance that will allow staked positions to basically be used as collateral ie Aave. Huge.
>Extremely comfy to use, it is the staking platform of choice for LINK mega whales.

Look into it.

>>28459218
You should look into Bancor my friend

>>28389791
I would say they're on par with the Chainlink team as far as Dev experience goes.
Even Andre Cronje applauded their skill and it says enough that they pretty much birthed the AMM we know today.

Bancor

-Basically solved impermanent loss
-Has been on Arbitrum L2 testnet for over a month
-Working on a bridge with Polkadot
-Many OG link whales moved their liquidity to Bancor
-TVL has 20x'd since January
-Jews

Did Andre really say this?
It can't be that this project is legit going to x10 - x20 this year?

>>28143821
Ready for take-off

>>28139286
Imagine not investing in what Andre called too complex for even himself, pic related.