/biz/ - Business & Finance

>>20948130
Bancor WILL reach a MC of $1B or more. It's just a matter of when, not if. I'd say this time next year is a reasonable estimate for BNT achieving that MC.

>>20575674
lol. Bancor V2 isn't even out yet. Bancor is creating a solution that DeFi desperately needs. It is likely to re-claim a massive share of the AMM market with the V2 release and become the dominant DEX player that also competes with large centralized exchanges. There are very strong yield farming plays coming with Bancor V2, which has mitigated impermanent loss, enabled single asset staking and has liquidity amplification on pools that kills slippage and makes $50K in locked liquidity behave like $1 million. There are also staking rewards coming for BNT holders that will heavily incentivize liquidity providers (like Synthetix) and lock up the vast majority of supply. This will create very strong price pressure and make Bancor's pools the biggest, strongest and most liquid. All of this could make BNT a top 20 token within a year or less. It's possible this assessment may be conservative.

>>20573679
>In before mr 90 cent FUDs to try and score cheap BNTs

Very few outside of hardcore DeFi and smart money circles fully grasp the implications of what Bancor V2 will do when its live. If it does what its meant to team has then it will wipe out all AMM competition and be competing with Coinbase and Binance while also pulling in liquidity from traditional finance. Whoever is making a big play on BNT could build sustainable wealth for a very long time.

BNT is poised to become the gold standard among DEXs -- even if their protocol gets duplicated, the first mover advantage thanks to the "liquidity black hole" means that if successful anyone who want to earn rewards via pooling/ liquidity mining will be drawn towards BNT. Saying that this will be a top 20 token is no joke -- we could see this surpase BNB and possible even pave the transition from CEXs to DEXs for the ecosystem as a whole.

The more I think about it the more $50 dollars starts to seem more and more reasonable in the next couple years.

>>20563012
>liquidity black hole
Good luck to all of us anon. We're going to make it. See you at the yacht party.

>>20372588
Because BNT has resolved some of the biggest problems in defi with dexs by mitigating impermanent loss and enabling single asset staking with 20x liquidity amplification in AMMs. There's also a liquidity mining program coming for staking BNT in the pools and Coinbase is exploring listing soon.

you might not understand what that means. but in brief Bancor V2 is basically a liquidity black hole that will suck up liquidity from other DEXs due to high yield low risk staking and come to rival centralized exchanges, presenting a very lucrative opportunity for institutional finance to enter defi via bancor pools, which in turn will increase demand for bnt while making it more scarce as supply gets locked up because people will be rushing to stake and claim the yields. anyway, there's plenty of pasta out there on these concepts. in short, bnt is a very big deal and its still relatively under the radar because most plebs dont understand the massive implications of whats going to happen if bancor v2 does what its supposed to when it releases at end of july early august. a few og link marines are catching on to it though: https://twitter.com/ChainLinkGod/status/1279859727082479616?s=20

couple of tweets with more bnt info.
https://twitter.com/short_cirkitz/status/1273156964328095746
https://twitter.com/short_cirkitz/status/1282243761741987840?s=20