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/biz/ - Business & Finance

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20577214 No.20577214 [Reply] [Original]

>plebbit spacing for easy reading

BNT is poised to become the gold standard among DEXs. Bancor’s new liquidity mining program + reflexivity scheme will allow it to grow AUM very quickly - they’re taking a page out of the SNX playbook with this. The team is also extremely hard working and the main reason for their valuation discount is their large ICO ($153M war chest). Look past this and you have free alpha as ETH maxis continue to play them down. https://defiweekly.substack.com/p/aave-credit-lines-usdc-blacklist-79f

Saying BNT will be a top 20 token is no joke. We could see this surpass BNB & possibly even pave the transition from CEXs to DEXs for the ecosystem as a whole. $50 BNT is very reasonable in the next couple years. $10 EOY. $5 in short term.

BNT is relatively under the radar, but was the top performing DeFi token in Q2 & is still the most undervalued DeFi by price to earnings (PE) ratio. The key metric VCs use to evaluate investments. https://twitter.com/RyanSAdams/status/1283499638209814529?s=20

Tim Draper & Mike Novogratz know & are invested.
https://twitter.com/TimDraper/status/1269706719149477888
https://twitter.com/novogratz/status/1269645263955779591?s=20

Sergey Nazarov gets it & blogged about Bancor V2. Wrote it's likely to attract investment funds wanting to provide low risk liquidity on an AMM. Basically this means the founder of Chainlink sees institutional finance making a big DeFi play with Bancor V2 (uses LINK oracles in every pool) https://blog.chain.link/challenges-in-defi-how-to-bring-more-capital-and-less-risk-to-automated-market-maker-dexs/

Coinbase exploring BNT listing https://blog.coinbase.com/coinbase-continues-to-explore-support-for-new-digital-assets-2c5b84813fcf

BNT staking rewards coming after Bancor V2 that will create extreme FOMO to buy up & lock up most of supply, building massive price pressure. Exactly what happened with SNX in late 2019: https://blog.bancor.network/bancor-staking-rewards-ad432e5d590d

DYOR tho

>> No.20577289
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20577289

>>20577214
comfy af

>> No.20577343

>>20577214
Yeah but LEND exists

>> No.20577410
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20577410

>>20577343
BNT and LEND are not competitors. They’re actually partnered. Bancor V2 and Aave will have a direct integration to add additional yield farming on top of the swap fees for LPs and BNT staking rewards in the new Bancor pools. Also, BNT chart shows it’s on track to pull a LEND in coming weeks and months.

>> No.20577447

BNT is based
sitting on a 10k stack and wont start cashing out until minimum $22/BNT

normies don't understand the potential yet

>> No.20577509
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20577509

>>20577447
Very nice BNT stack. Congrats anon.

>> No.20577583
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20577583

literally the most undervalued DeFi project, together with Aleph
If BancorV2 really suceed, oh boy.. i will be providing liquidity for stake rewards myself and not selling until 20usd+

>> No.20577658
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20577658

>>20577583
what’s the sauce on that grill based bnt bull anon?

>> No.20577705

Where did the phrase "free alpha" come from? I'd never heard it a week ago and now half of /biz/ is saying it.

>> No.20577768

What will be the process to providing liquidity to xnation for burgers?

>> No.20577769
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20577769

>>20577705

Alpha is the measurement of an investment portfolio's performance against a certain benchmark –usually a stock market index. In other words, it's the degree to which a trader has managed to 'beat' the market over a period of time. The alpha can be positive or negative, depending on its proximity to the market. So if someone is offering "free alpha", they are giving you the advantage to beat the market as well. It was specifically used in reference to BNT here: https://defiweekly.substack.com/p/aave-credit-lines-usdc-blacklist-79f

... and also here: https://twitter.com/rewkang/status/1266365432597864449

>> No.20577792

>>20577768
xnation can be used by anyone. no geofencing like the main bancor.network UI if thats what u mean.

>> No.20577865
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20577865

>>20577792
so that means use your metamask or any other supported external wallet, click pool, select the pool of choice and add funds.

>> No.20577924
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20577924

>>20577583
really need that sauce tho

>> No.20578256

I bet that LEND pool will be V2 Bancor launch pool. Team has already partnered on some Hackathons and LEND holders (like me) waiting for a way to provide liquidity with full exposure to LEND

>> No.20578367
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20578367

>>20578256
Highly likely. There's already collaboration with AAVE on Bancor V1: https://aavex.decentrify.io/home

So seems obvious Bancor V2 will align LEND and BNT incentives.

>> No.20578844

24k BNT - comfy :) i think this will hit 5$ next montj

>> No.20579089

delete this I'm swinging my BNT stack to try and get to 20k before it takes off

>> No.20579319
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20579319

Lol everyone shilling this shitcoin so hard not knowing most of the supply was bought at 0.10$ while you pajeets FOMO at 1.6$ Lmao these whales making 16x off your poor bags and gonna dump so hard on you'll wish you never fell into their shilling propaganda

>> No.20580128

>>20579319
LMAO this is the dUM guy in the other thread trying to fud BNT

>> No.20580171

>>20580128
One guy, doing the same thing for 24hrs. I can believe it.

>> No.20580658
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20580658

>> No.20580714

>>20579319
dUM

>> No.20581000

>>20577214
plebs can sleep on bnt and that’s fine. let them buy on coinbase for $10. truth be told i’d rather real gems like bancor not be shilled at all on this shit forum. pearls before swine.

>> No.20581769

BNT Broke support incoming dump till 10k sats V2 delayed till mid august get rekt pajeets