/biz/ - Business & Finance

This is literally the only thing I own that isn't dumping today

We are all going to make it.

>>29366641
same here
LINK is being useless as fuck right now
$34 stablecoin, hurry up and get to $50

OFFICIAL THREAD THEME:
https://youtu.be/IiPsG_z8X1M
Money in the Banc

>>29366673

What happens after a year?

>>29366851
You make it.
You never work again.

>>29366851
the world as we know it is changed forever.

>>29366851
"that´s how I became a Bancer, anyways.. suck my dick"

>>29366851
If you start staking any amount over 1k you instantly become a millionaire in 1 year.

Even my grandmother is now in on the Bancor show - there is NO excuse for zoomers to miss this opportunity... HELL, IT IS FOUNDED BY ISRAELIS - IT IS BOUND TO SUCCEED

What’s the best pot for some single sided staking rn

>>29366851
you buy your own skyscraper, you buy a lambo, yacht, you have your own colony on mars

jeez BNT is the most comfy hold right now, everything dumps 10-20% and BNT doesn´t really move at all

EOY?

>>29366960
delusional

>>29367355
$68.24

>>29366851
Rewards will end. But by that time, you will have earned shitloads of BNT that in turn will earn you fees.
Bancor's marketshare will increase over time, so the platform's income in fees will also grow.

>>29367355
Unironically it is likely to reach infinite value

I'm a poorfag who owns inj, bnt, prq and a little bake. What do.

>>29367439
Sell it all for bnt

>>29367381
stay poor nigger

>>29367565
I am staking nearly 10K though

>>29367689
How does 7 trillion sound EOM?

>>29367621
help the poor man out bro goat pussy ain't cheap

>>29367355
i think conservativley, $40-$50, personally i think its going fairly higher

somebody bought BNT for 2.4 mil today

I've been staking for 10 days, only have the 1.25x multiplier. It feels good to be a bancie.

I am financially circumcised

I bought at 6.4, it dipped
wonder if I should buy more

>>29368396
very nice, took me over 20 days to get to around 1k printed...powerful stack, friend

Which pool should I stake my BNT in and why? Please help a retard

>>29367381
Copeman Begins

remember to switch to dark mode on the app so you don't burn your retinas out watching your bancies grow

>>29369113
Lol dark mode for life.

>>29366590
I bought this shit at $1. Feel like such an idiot for not buying more.

Is it possible to stake my bancs directly from my Binance wallet?

>>29370179
no

>>29366590
I own 1500, will I make it bros?

What happens after a year guys, what type of APR do you think we will see ?

How come this ain’t dumping into oblivion like everything else?

>>29370481
people stake their BNT, you get vBNT and buy the dips with it, you leverage your trades while getting your BNT rewards at the same time.

We lost 80 million TVL though, is this because the people swap their assets for BNT or because the bluechips lose so much market cap during the dump? Probably both

is now a good time to buy ? it's at 6.11 and I don't wanna miss the train

>>29366958

>>29370958
Yes
Spread some buy orders at lower prices so you don't miss better deals

I want to do something really degen with my vbnt now that staking is not an option yet. Any suggestions?

>>29371295
I have no idea how to do this on coinbase so I just bought at 6$

>>29370775
Is 1500 worth staking? And what pool is best?
Help a poorfag

what is everyone's charting analysis?

>>29371385
dunno, buy the dip of some coin, stake it on sushiswap, use the xshushi to borrow on AAVE, buy another shitcoin?

>>29370775
prices fluctuate. market just dipped.

>>29371655
yes, you probably make 40-50 BNT a month, depending on the price that is over $300 a month + much more if you use your vBNT correctly.

Best pool I don´t know, if you look at the fees probably ETH, if you look at the rewards probably the WBTC pool.

i hope it doesnt dip too far below $6

>>29372337
it won’t, sats wise it barely moves.

Idk if its euphoria but BNT is incredibly comfy

i have become disillusioned with the rest of /biz/. newfags unironically not being able to handle babby's first dip. swinging every new memecoin. it's a shambles out there lads. stay comfy.

>>29372729
>>29373130

even if it drops 3 dollars, I make the money back with the staking rewards and the vBNT trades

Worth staking in the USDT pool? Low lower liquidity, decent volume and high rewards

How do i stake this and is this the best longterm investment right now?

>>29372311
>>29372311
Thanks fren

>>29368345
2.4m of bnt or one bnt for 2.4M

this shit is going to dump hard when bitcoin collapses thru 50k.

set your bids under 4$, maybe 3$.

local top buyers will have gas wars to get out.

Sold this shit at $6.7. Staked got fucked lol because a there’s 24 hour lockup period lmao one of reason I never bothered to stake

>>29368874
I wish I had more money to buy some more.

>>29375635
>>29376002

good, gtfo and never come back

>>29366590
Okay, BNT. Forgive me for my moment of weakness chasing dips and surges.

This thing is a fucking juggernaut that cannot be stopped. It surges, rallies, stabilizes, and when a market correction happens it seems to mitigate about 50% of the losses everyone else is feeling. Still a long ways from a top 20 coin despite all this. At this point if you aren't exclusively holding at least half of your assets in BNT you are going to miss out.

>>29366641
>isn't dumping today
only scams dont dump in bear

>>29376214
based

Price targets? Imagine if we hit $200

>>29376214
And BTW this is AFTER it surged hard yesterday, typically this means it should be dipping HARD. Just look at NU and REN. They're down, what, 30%+ from their high last week? Almost obliterated

BNT? It's above where it started yesterday already. Lmao. This thing is Jewish magic and you can't convince me otherwise.

>>29376284
bnt isnt dumping because its massively undervalued

>>29366851
You'll own nothing.
And you'll be happy

Can someone help me understand the shirts? Am I able to sell anywhere else other than their site? Is there a contract address for each shirt?

>>29377325
I also don't understand how these prices are determined.

>>29377560
it's a bonding curve. The more shirts get sold the higher the price. However, when shirts are sold back, the price will decrease accordingly.

>>29377560
>https://blog.bancor.network/introducing-bntees-eb5d5558a1b5

>>29377809
I really wish they just had a store selling 20$ tshirts. i just want a shirt

>>29377986
you will pay $3000 and you will thank her

>>29368396
Wait how can you see your multiplier?

the tvl only shrinked 12% from 1bil? holy fuck.

>>29377986
Dude you can go to a trillion webshops and just print a shirt yourself for 20 bucks

>buy more at 6
>minutes later it's dropped to 4

Well boys heres ur 5 dollar BNT

holy shit that was a big ETH dip though

>>29377809
Ah. So you'll never be able to sell them outside of their shop site. That's fucking gay

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA KEKED WE WERE GOING TO $10 STUPID BITCOIN aAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>29379319
I bought another 150 this morning. Why didn’t I wait.

>>29379319
ETH dumped over 25% in the last 24 hours and you want to shit on BNT? Ok. Interesting priorities

Crossing fingers we head back towards 6!!!

i was thinking 5.8 would be the floor without this market dump, so seeing it held there for a while while the market was shitting itself was nice to see.
>>29379688
he isnt really shitting on it, just telling people that the dip they wanted is here thanks to the market correction.

>>29379914
when btc starts going sideways, we will hit 6 and pass it lad, dont worry

sats wise bnt has already recovered, holy fuck

>>29378473
The website doesn't say, but after every 7 days your BNT rewards will increase by 25% up to a max of an extra 100%.

neat

>some whale swaps 2.4 mil ETH to BNT
>ETH completely shits itself a couple of hours afterwards

did he get lucky or did he know?

Bought more during this dip.

>the only thing not completely crashing

Already back in the green!

Price targets?

>>29380890
Y'know the website should probably mention this somewhere.i only know about that because this board told me.

>>29381864
one hundred zillion trillionarino norweigan ice sculptures

>>29380890
wait so you are saying that even in the first four weeks i will still get the 2x multiplier, so long as i stake it for 28 days?

>>29382642
yes, the multipliers are retroactive

>>29382642
yeah it's retroactive

why am I such a paper handed faggot? Sold my whole stack at $4.79, bought back at $5.64. Gonna stake and walk away.
Which pool? Should I just go with AAVE/BNT because it has 60 days left or go with a higher reward?

That was a very short dip into the 4's, I didnt see it in time to buy.

>>29366641
same
but doge endured also

>>29382937
>Sold my whole stack at $4.79
oof. hope you learned your lesson swingster.
rewards are voted on to see if they will be renewed at the end of each period, so even if it says only 20d left, that might not be the case. spend a few days reading and lurking

She was unphased, unaffected and unbothered throughout this whole thiing. Nothing but respect for my Jewish queen

>>29384028
Sure did, got it. I saw the 3 most likely to renew so I’ll go with wbtc. Do you have to unstake and restate at the end of the current 16 day cycle resulting in 2 gas fees?

>>29366590
bnt and rbc are my holds, very comfy rn

So, I voted for this with 100k vBNT a yesterday, but have another 200k ready to vote with now. Is there no way to add more to it? I figured it would be possible, but I guess not?

Also, please vote for this. I will suck your benis if you do it.

Just bought 400$ of bints. You fuckers better be right. I have 400 of them now

>>29385480
I would like to, but I am no whale

>>29366590
Listen to my dilemma, BNT bros.

I have about 2.5k credit card debt but can take out 9.5k more of credit. Should I just fucking max out and go all in and stake like ~9k USD worth of bnt?

It's certanily a risk, but I feel like I'd be able to pay off the credit card in a year right?

>>29385686
If you’re asking for actual advice, no. Don’t max your credit cards on a volatile investment. But do it tho

>>29385799
what's the worst that happens? i declare bankruptcy?

>>29385686
Mate, don’t ask a bunch of spastics on 4chan for financial advice

>>29375635
Well this didn't age well LMAO

>>29385887
but i need to do something to feel alive anon

>>29385975
You’re going to want to feel dead when you’re waging at McDonald’s for retirement

>>29381864
mine are 10, 20, 50, 70, 100

>>29385851
yeah.

is there a calculator for rewards? im trying to see if swapping vbnt to stake is worth rn

>>29385686
oh my god, no you shouldn't? I'm already stressed tf out because i put most of my net worth on this, i can't imagine relying on the cryptocurrency market to get me out of debt lol

>>29385686
Don’t do it anon, never invest what you can’t lose.

>>29385686

It was always all or nothing anon. That 12k will take you 6-12 mnths to pay off easily. Could become 40/50/100k either.

High test low iq moves are the way to go. Don’t think. Just do.

>>29385686
Only put in what you can afford to lose, that means don't max out your credit card retard.

>>29385480
Nice wallet!

And we're already back. BNT is too comfy.

>>29388988
I might cash out. Steady, stress free growth taking us all to millionaire status doesn’t feel anything like proper crypto.

Here's a quick FAQ I put together for bancor newbies. Should be suitable for a first post

Bancor General Newbie FAQ

>Why Bancor?
The Bancor team invented the AMM. The only exchange to offer single sided liquidity pools, with huge rewards. The only exchange to solve impermanent loss. v2.1 brings Vortex, allowing you to leverage against your staked BNT for degen plays. Bancor will deploy Arbitrum soon (testnet since early Jan, 50x gas fees improvement) and on Polkadot (announced, crosschain swaps). It will become the #1 DEX.

>What means liquidity blackhole?
TVL is growing faster than anyone else and they’ve already captured over 40% of TOTAL Link trades. Between the rewards, vortex leverage, and best of all the IL protection, this is the best place to put your liquidity, period. It will inevitably gobble up the liquidity for the pools it offers.

>Price predictions?
Bancor is currently around ~700m market cap. Uniswap, an objectively worse fork of Bancor, is around ~8b mcap. 10x is just catching up to its mutant child. As Defi grows, Bancor will lead the pack. $40 is FUD.

>Is this the next LINK?
No, Link is the next Link. This is good though.

>What is make it/suicide stack?
IMO, you’ll probably want around 500 BNT to be worth staking. Make it stack it probably around 3000 BNT. More is better.

>Should I stake?
Yes. Rewards are insane for the time being. Stake your BNT in the LINK, ETH, or wBTC pools as those rewards are likely to be renewed and they have the highest volume. Stake your non-BNT tokens in their available pools. Yes, gas to stake will be expensive ($200-$300).

>If I stake LINK, ETH, etc, do I get more of that token?
Partially. Rewards are paid in BNT, swap fees are paid in the native token.

>>29389230

>I heard there are infinite BNT tokens.
Not a question, but ok. The token supply is elastic. If BNT tokens are needed to balance a pool, they are minted. If someone joins the pool with BNT, the system’s BNT are burned. There are pool limits which expand when it is safe to. These tokens are not actually in the supply.

>How do they solve IL?
Transaction fees from the system’s BNT are reserved to pay for impermanent loss. v2.1 beta showed that these fees pay for possible IL many times over. You have to stake for the full 100 days though. If you remove early, you won’t be fully protected.

>It’s already pumped. Is it too late?
Nigger I just told you it’s a 10x PLUS you stake for more BNT. If you double your stack through staking that’s a 20x. If you buy and stake you’re actually soaking up my rewards so this is virtuous biz trying to help you.

>What do I do with vBNT?
If you need to ask, you need to research. Do not leverage if you don’t know what you’re doing. You might end up locking part of your stack without realizing it.

>>29389320
If you have a common question to add, I will address it.

>>29389320
nigga how the fuck you doubling your stake on 10% annual returns?

>>29389661
Rewards dipshit

>>29389661
rewards are a factor too not just apr

>>29388749
Thanks, fren.

Moved a large amount of my link into this the other day. Feels great, withstood the dump where King shitcoin of course cratered.

>>29389230
not bad anon.

how long do swaps usually take? it's been like 5 min

>>29385075
>rbc
rbc is a scam

>>29390389
see /CTG/ - Crypto Toddlers General, should be in the catalogue somewhere

>>29366590
can some whale put some BNT in the AMP pool pls?

guys I think we might experience an super bullish day...as in the most bullish yet. Anyone that bought that dip under $5, good job.

>>29390616
thanks fren ill head over there

>>29390838
if King shitcoin doesn’t shit its pants then yes

Bancor is literally unstoppable.

>The entire market dips
>BNT goes up
Are we really all going to make it?

>>29366590
>market is down 8%
>bancor is back in green today although already megapumping the last days
Cmon bancies its getting ridiculous

>>29389230
>The only exchange to offer single sided liquidity pools
>single sided liquidity pools
what's the benefit of this?

>>29391014
Yes. Yes we are.

1k Banclet waiting on arbitrum to stake. I won’t make make it, but I hope you big bag bad boys do. I’ll be watching and hodling below deck.

wtfwt

>>29391433
WTFWT

>>29391219
I mean, besides the obvious part where you don't have to pool an equal amount of a token that you might not want to own?

6.66$ baby

>>29391392
you'll be one step away from making it broseph

>>29366590
CUP AND HANDLE COMPLETE BOYS. $9 TARGET INCOMING

It recovered so fast I forgot this morning even happened

WHAT THE FUCK WAS THAT

>>29391392
?? At 1k BNT you have enough to warrant staking right now.

WHAT THE ACTUAL FUUUUUUUCK

>>29391392
185 BNT all-in stacklet here

we'll at list make it out of homelessness

hoping we break out above yesterdays local high

>>29368396
How do you do this? I can't get it to work with my ledger.. Can you use metamask?

WHAT A MORNING LADS

BNT ATH DURING DAY OF MASSIVE DIP
>BNT ATH DURING DAY OF MASSIVE DIP
BNT ATH DURING DAY OF MASSIVE DIP
>BNT ATH DURING DAY OF MASSIVE DIP
BNT ATH DURING DAY OF MASSIVE DIP
>BNT ATH DURING DAY OF MASSIVE DIP
BNT ATH DURING DAY OF MASSIVE DIP
>BNT ATH DURING DAY OF MASSIVE DIP
BNT ATH DURING DAY OF MASSIVE DIP
>BNT ATH DURING DAY OF MASSIVE DIP
BNT ATH DURING DAY OF MASSIVE DIP
>BNT ATH DURING DAY OF MASSIVE DIP
BNT ATH DURING DAY OF MASSIVE DIP
>BNT ATH DURING DAY OF MASSIVE DIP
BNT ATH DURING DAY OF MASSIVE DIP
>BNT ATH DURING DAY OF MASSIVE DIP
BNT ATH DURING DAY OF MASSIVE DIP
>BNT ATH DURING DAY OF MASSIVE DIP
BNT ATH DURING DAY OF MASSIVE DIP
>BNT ATH DURING DAY OF MASSIVE DIP
BNT ATH DURING DAY OF MASSIVE DIP
>BNT ATH DURING DAY OF MASSIVE DIP

ITS ACTUALLY HAPPENING BROS WE ARE ALL FUCKING MAKING IT

LMAO NOBANCS ABSOLUTELY BTFO

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHA

6k Banclet here am I gmi?

What fees are there for staking?

>>29391961
We are all going to make it

>$100 of a shitcoin I want to offload and $40 eth in a bancor linked wallet
>not enough eth for gas
Lol what’s the point? I spent $15 moving the shitcoin to the bancor wallet too as I’m not linking my wallet. What a waste of time and shitty system. How is uniswap and this stuff even sustainable? I can’t even sell my shitcoin on it with $40 for gas!

>>29391992
Just gas

>>29392099
Seriously wtf do I do? Happy to hold bnt even but I can’t even trade my shitcoin which would cost like $1-2 on a normal exchange (they

Did you guys see that? wtf

(They don’t list it though)*

>>29392188

>>29390616

This and some shit called 'Numeraire' are the only things in the green right now. what the hell is that should i buy it

>>29392264
I have 6 figures and don’t need to do it, I also have autism though and wanted to get rid of this shitcoin. I’m not putting more eth in as that’s retarded. Why are people using these exchanges? Seriously though, is that it, I pay $120+ to sell my $100 of shitcoin or nothing?

Pretty good day for BNT. Glad I doubled my holdings during the dip

>>29391829
some people are having issues connecting the network to their wallet. What error message is it giving you? Unlock your hardware wallet and enter the ethereum app, then press the connect wallet button on the website.

>>29392434
people use the exchanges to get shitcoins in the first place, for decentralisation, to avoid kyc etc etc whatever. how do you have 6 figures in crypto if you dont understand this? the fees will come down as eth improves and l2 solutions come around

>>29391499
is there any risk in this?

how is BNT not $100? what am i missing?

We need a retard proof guide for staking for retards like me

>>29392862
because people are only ust realising whats up

>>29389759
>>29389846
rewards don't make you get 100%

my rewards are double my fees. so 30% annual apr

>>29392862
Just need time now we’ll get there

>>29392862
the market is crashing and frankly bancors marketing itself is shit. obviously a good portion of whales know about it but we need a lot more mid-range crypto owners to be using it

>>29392998
>marketing
>implying
we will have our marketing when the unicorn's blood is spilling over the charts

>>29392434
>>29390616

>>29392674
>how do you have 6 figures in crypto if you dont understand this?
I understand it is used for illegal anonymous trading but I have always used normal exchanges and I don’t trade shitcoins or buy things only on these kinds of exchanges. I did some ICOs back in 2017 though. I only had these from when they were listed on bitterx or something years ago, I can’t even remember why I bought them. So basically I have to pay up to $120 eth to sell my $100 of shitty tokens? Is there no way around that, even by converting to bnt or something?

>>29392959
yeah actually they do. When you stake BNT most of the pools + APR are around 90-100% or more.

>>29392959
also multipliers. 0.25% every week at a cap of 2x

>>29393181
you can wait till eth fees come down. google it

>>29393254
Yeah I already knew and thought I would have to do that. Fucking retarded. Ok thanks.

Lots of people unstaked today. Bnt will dump hard tomorrow

I wouldn’t care but it’s only $10-15 to sent stuff from my wallet on the eth network and max about $50 but it never charges that.

After today, a lot of newer crypto buyers are going to look at BNT's performance vs. the rest of the market during the dips and realize what a strong investment it is. I think $8 consistently end of week.

>>29393397
Total BNT staked: 54.68%
Basically unchanged
Where are you getting your info?

Have a 2k stack of BNT I want to stake, WBTC / ETH / LINK or another?

>>29393397
lmao no they didn't but please post shorts

>>29392862
It went up almost 3x in just the last couple weeks, so it's getting much more attention. Also the volume and liquidity has shot up too.

>>29393397
How can you tell? Pretty sure the total bnt staked number hasn't changed much in 24H

>>29392862
>how is BNT not $100? what am i missing?
my working theory is uni is doing two things, one the AMM is pricing itself up. 2nd, hayden has a fortune, the token itself has not that much volume, so he bought the fucking up.
uni is a voting token, its legit worth 10 cents. there is literally nothing rational or logical about the price of uni, or sushi. BNT should be 50 bucks, end of story, yet here is is single digits.

>>29393634
>How can you tell? Pretty sure the total bnt staked number hasn't changed much in 24H
yeah, i mean, within 1-2%.
It dropped off when vortex released but stabilized in the current range.
Consider its unsuprising there is profit taking happening. A year ago bnt was 15 cents, if I was smart enough to load up 100k at 15 cents, you I would take profits too. If you were double smart and had been in LM all along, when rewards hit(retroactive) you would have like doubled your stack for doing nothing. This was a once in a lifetime opportunity, if you understood what was happening, even of BNT price never went up, you could have made a fortune...

>>29385686
do it, pussy.

if only you knew how comfy things really are.

I feel like the market could dip 50% and this would find it's way up

>>29385686
>>29385799
>>29386514
>>29386765
>>29387758
>>29388727
>>29394307

I should also add I have no reasonable way to pay it off in a reasonable time because I wage and make about $400/mo

>>29393512
look at his posts Dude, he sold his stack, he probably wants people to dump it

>>29394633
everything dumped and I made money with my BNT pools, it´s kinda stupid

>>29393634
onchain data. These bnt devs have everything wrong on their website price, volume and even total liquidity. Also, ether doesn't look good and bnt will go down with it. There will be many V2.1 bagholders

>>29395259
post proof

>>29395259
How do I look

>>29385686

The absolute shittiest credit card charges 27-39% apr. Bancor has +100% apr liquidity mining rewards. Usually you shouldn't buy crypto with credit cards, but this is a new paradigm. Go for it, be the meme.

>>29395259
Explain why vBNT price is also stable. If people were buying out, vBNT price would indicate as such.

>>29395259
the stats on their website are not updated in real time peabrain

>>29395496
it makes no sense to me, you want to tell me people pay 500 dollars in ETH fees or more at the current prices to unstake their BNT and sell a coin that has barely moved during the major dip?

Say I add 1000 BNT to WBTC/BNT and later down the line I add another 1000 BNT on the same pair. Would this just count as two different positions under the "protection" tab?

What's your guys's timeframe for restaking rewards? Every 3 months? 6?

>>29396145
when number go big

>>29395984
yes, you will see the two positions as 1 big position in your account, but if you click on it you will have a drop down menu which shows you both positions separately.

The IL protection starts with the time you add the funds.

>>29395984
Yes.
>>29396145
Depends how how much you have right?

>>29396339
>>29396397
Thank you.

>>29396339
Just a slight correction. The IL protection does not start for 30 days, and you get full protection after 100 days.

>Transaction fees from the system’s BNT are reserved to pay for impermanent loss. v2.1 beta showed that these fees pay for possible IL many times over. You have to stake for the full 100 days though. If you remove early, you won’t be fully protected.

So if i suffer IL at day 50 will I still get everything back if I stick with it until I have full coverage?

>>29395984
>positions
btw, if you do as proposed, the rewards multiplier if there is one is automatically applied to new bnt on same position, counter does not start new for additional, it immediately gets whatever multiplier you are at..

>>29368396
How do you check your multiplier value?

>>29396532
yes.
100 days for 100%

>>29396532
50% of your stake will be protected from IL. You might lose some money on the other 50% but that is not guaranteed

>>29396532
You start getting IL protection on day 30 at 30%, going up by 1%/day until 100% on day 100

So you will be suffering IL the entire time, but by day 50 the protocol will pay you for half of that, by day 100 it will pay your entire impermanent loss

>>29396610
>How do you check your multiplier value?
it doesn't show it, i made request to devs to add it, they said the UI update will include..

>>29396604
Wut, really. Doesn't that mean that you should stake a tiny bit into a bunch of them just to get that multiplier rising, just in case you decide to put a large amount into one eventually, or am I misunderstanding something?

>>29396604
Guess which retard did that without knowing

>>29396604
holy fuck really? There is no reason to stake in other pools then

>>29397071
Gas fees would make this uneconomical

>>29397071
The multiplier applies to each of your positions, increasing by 25% each week until it's 2x on week 4 and onwards

So you don't boost your multiplier or anything by having multiple stakes.

Another cool thing is that if you reset your multiplier by withdrawing a stake, your multiplier goes back to 1x on all your positions, but when the multiplier starts going back up, it applies retroactively to all your positions

>>29397279
Yeah exactly, Bancor is going to suck up liquidity for defi blue chips because it makes so much sense to stake here vs elsewhere.

LINK is the first pool to go super deep, other pools will follow

>>29397259
>>29397279
If you leave your money staked for 4 weeks it doesn't matter

>>29397693
It does because staking in another pool I won't have the 2x multiplier for the first 4 weeks

>>29397454
Depends on how much you can see yourself staking though. I'm dealing with pretty large amounts and gas fees are negligible for the most part. I wouldn't mind paying a couple of thousands to get the multiplier rising for a position I might add millions to.

>>29397546
I'm not talking about boosting or anything, I was talking about having the multiplier start accumulating with just 1 BNT, for instance, just in case I'd want to add a couple of million buckaroos worth down the line. Is this possible, or am I misunderstanding?

>>29370131
That simply created 400 k new BNT tokens.

>>29398568

best pool to add liquidity?. Have 5k BNT and about to hit the confirm button.

This pyscho coin is actually gaining Sats while BTC is tanking

>>29398957
wBTC has good rewards+apr and the rewards will likely get extended

Bancor, more like Bunker (for dumps)

Ive been holding crypto for two weeks and finally told my parents about how much money ive been making. I even told them I wont need to work for a while. Now im down to where i started if this keeps up and theyre going to laugh at me. Im going to sell while I'm still up. Fuck you biz for wasting my time

>>29397259
>Guess which retard did that without knowing
lol, I know one retard that DIDN'T and the found out like an our later kek.
its ok, im in this shit for the duration so not worried..

>>29399040
absolutely based
>>29394424

Is there a bancor staking guide somewhere for absolute noobs?

>>29366590
jew coin

>>29399615
medium bancor articles

What is happening with arbitrum? Am I just being impatient or have they teased this for far too long now?

>>29398328
ohhh yeah that is possible I think

comfy because I expect this coin to surpass $20 in March at a minimum. unless all of crypto bleeds like sideways for months, then its a guarantee.

>>29400357
Dev call with Bancor devs last week made it sound like it was only weeks away

Btw no one has launched on Arbitrum yet, it's still in test net all around, so Bancor isn't late or anything. They are likely to be the first or very close to the first to plug Arbitrum in

>>29400357

BNT will explode when all Avax and BSC pumpchasers flock back in.

>>29399445
unless you are cashing out you havnt made anything, are you a swingie

Why are people so bullish on Arbitrum integration? Every goddamn project can integrate such a L2 solution..

>>29400406
Neat. Gonna do that with some stablecoins. Not a big deal if it doesn't work and it'll definitely be worth it if I can just deposit a big stack eventually and instantly get a big multiplier.

>>29400725
but only a few have lol

>>29400548
not blaming bnt, might have seemed that way but I think arbitrum has been a big tease for too long now.

>Dev call with Bancor devs last week made it sound like it was only weeks away

this is hopeful at least, thanks anon

>>29400637
i think so too, a lot of potential here

>>29400725
Considering all the bitching about gas fees lately, surely you can realize yourself why cutting them down would be beneficial for DEX?

>>29401113
Sure but what happens when Uniswap and Sushiswap also integrate Arbitrum? Where’s BNT’s edge then?

>>29397853
As long as each stake eventually gets to 4 weeks it doesn't matter because the reward multiplier is retroactive for all your rewards earned on that stake. Adding to a pool early would only matter if you are worried that the reward countdown will expire before you get to 4 weeks.

>>29401218
Even having first mover advantage for a month would be great when simple tokenswap costs 100$. Also a lot more people with smaller stacks would stake if they wouldnt get raped with gas fees. And I think uniswap already confirmed v3 wont be using arbitrum

>>29401291
Wait, so after 4 weeks all of the rewards you've already earned are doubled as well?

>>29401631
was wondering of that too. I thought only the future rewards would start coming in with 2x multiplier

>>29401584
I disagree. Bancor had a 1-2 year first mover advantage with their AMM. Yet they failed to deliver as they watch Uniswap and Sushiswap eat up BNT’s marketshare

>>29401631
after each week, all the rewards you have earned increase by 25%. Read bancor info on how the rewards work, it's retroactive and applies to all the rewards earned on that stake, even if you add a newer stake into the pool it applies to that too.

>>29401888
checked. Tranny and sushi paved the way for a superior product. The first mover advante is true but I doubt they will be able to maintain their TVL for long.
>>29402049
that's amazing

>>29400725
uh because it's good for the entire ecosystem and other projects integrating Arbitrum is in no way bad for Bancor

>>29401218
Uniswap and Sushiswap are doing Optimism and it's behind Arbitrum rn

Also Bancor isn't competing directly with Uniswap/etc anymore, they are positioning themselves as a provider of very deep liquidity for crypto blue chips. No interest in listing shitcoins.

ok can this go back up to 6.90 again real quick that was incredible i liked that

Are rewards recalculated for changing LM rewards rate when they are sent out? Also, if the price of BNT dropped by a lot, you would start getting more BNT in rewards? Or is the amount constant?

>>29402615
be patient. that was just a taste of whats to come

Poorfag here with only 55 BNT currently, how much do I need to cover the gas fees over too the Bancor network? It’s be worthless to transfer over now correct? I need some help understanding

>>29403342
yeah keep them for now. The gass fees will be like $200

>>29403342
well it costs about $150-450 literally anytime you interact with the smart contract. So most people say around a few grand to stake to make it worth the fees.

>>29403468
Jesus, is there any plans to decrease this? I’ve heard about a bridge being developed internally but would that help my situation at all?

you also have to pay a fee anytime you stake your earned rewards and to withdraw, it's insane.

>>29403581
Arbitrum will make gas 1/50 of that. It should be out this month or next

>>29403581
Yes, either that or price increase in BNT. If they go to something like $20 it might make sense for you to stake then.

>>29402474
Uniswap is doing Optimism because Hayden’s fucking friend founded it not because it’s better. Just an FYI. I read it in an interview. Sushi is probably just copying Uniswap again

>>29403539
Damn , I guess I’ll just miss the staking party and hold :(

>>29403705
I just hope they don't rush it again

When pool cycle ends, do we have to unstake and restake again (2 gas fees) or can we just stay in the same pool?

>>29401218
Impermanent loss protection and single sided liquidity. Bancor is a WAY better option for LPs. More liquidity= less slippage= more trades= more revenue for LPs. Don’t say you weren’t warned.

Well I went all in today, I wish I would have sooner, but I did at least buy the dip.
I am currently sitting at 1720 banties.

I did not think about saving any Eth, but I would like to stake. About how much is it going to run me to get the staked?

Also if I delegate to the eth pool is there any estimates for how man BNT I will get monthly? I did not know if there was any sort of calculator.

Thanks anons!

I'm retarded and poor how much do I need to stake on coinbase?

>>29404000
Rush what? Arbitrum? Arbitrum was created by Offchain Labs which is not related to Bancor

>>29404286
the implementation into Bancor. Is it unfuckupable?

>>29404198
Calculate the Bnt rewards on the Eth pool and add that to the APY for swap fees. Then multiply that by 2 and divide by 12. That’s what you will make monthly.

>>29403705
Will that affect already staked assets? Or is it only for new interactions with the smart contract? Im technically retarded but im guessing this applies to allnold contracts aswell?

>>29404227
You would have to send your money to their app/website and stake it for a long time.

>>29404360
It’s already integrated. Test net running perfectly. Arbitrum is currently undergoing final security audits before it is released. The founder was the CTO to the white house during the Obama administration so I don’t think they are planning on scamming anyone lol

>>29404471
Already staked assets aren’t using gas until they are unstaked. So no it won’t affect you until you withdraw. It WILL likely affect revenue which will go up as more people are able to use the protocol due to cheaper gas

>>29404418
The reward % in the rewards column is assuming you have the 2x multiplier.

>>29404783
No. That’s before the 2x multiplier. You literally are going to get double that number. It’s crazy.

>>29404715
Thanks i was talking about unstaking, or rather restaking which will come earlier. I was worried that old contracts needed to be resolved with old fees but im glad to hear that isnt the case

>>29404579
maximum comfy

>>29405368
>>29405368
>>29405368
>>29405368
>>29405368
>>29405368

bullish