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/biz/ - Business & Finance

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19645559 No.19645559 [Reply] [Original]

https://twitter.com/coinbase/status/1270830655354671104

Digital Assets Under Review
Today we’re announcing that we are exploring the addition of a range of new assets. As part of the exploratory process customers may see public-facing APIs and other signs that we are conducting engineering work to potentially support these assets.
These new assets include, in alphabetical order: Bancor.


1. End of June V2 launch
2. Staking Rewards
3. Coinbase. (confirmed!)

Ride this Defi BOOM.

BNT target is ico price. $10. EOY.

SUI stack 10k BNT.

Make it stack 50k

>> No.19645718
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19645718

>>19645559
This.
BNT is going to be the best performing asset of 2020.
v2 eliminates Impermanent Loss, which is the biggest problem in DeFi plaguing liquiditiy and causing high fees for traders across the board. Essentially, a LP loses out long term vs. just holding the assets, which disincentivizes them to be LP.
Bancor has solved this with Chainlink oracles, that peg the value of the pool and continuosly rebalance so there is no IL.
All liquidity providers from Uniswap and Balancer will move to Bancor and they will be the most liquid pools in DeFi. Resulting in the lowest slippage and the lowest fees for traders.
Let me repeat: You will be able to stake your coin (any coin) to Bancor and have no risk of loss while receiving a return for being a liqudity provider.
They also are doing this with only one token needed, currently for all systems you need exposure to both assets.

On top of that they are revamping the token model to mirror SNX. Users will stake BNT in liquidity pools and in turn get transaction fees and BNT rewards. Anyone who doesnt stake will see their real value erode. They will be forced to. This will drive EVEN more liquidity to bancor pools and will lock up 80% of the supply just like SNX.
This will make it incredibly difficult to source on exchanges and will result in skyrocketing prices due to low supply.

This is still the bottom, and if Coinbase lists it, it will be $10-20 easily. Screen cap this.

>> No.19646036

Stay the course and hodl strong my men.