Bullish BNT Unlocking PUMP has begun

[Anonymous No.26500513]

>For weeks big players have been slowly transferring their wealth Into their new asset: Bancor. When accumulation finishes (look for a pump in Bancor) Uniswap and Sushiswap will be abandoned

Yes anon. It has begun. But you're still early. Bancor the god tier AMM that has ended impermanent loss, enabled single asset staking and increased TVL 1,000% in just over a month (now at over $200M) is reaching the point of critical mass where all of those locked funds, including nearly 60% of BNT supply, and increased adoption of their system, and thus increased need and use of BNT, is leading to immense price pressure that will push BNT to new all time highs. The first major catalyst for the pump will be triggered by the bullish unlocking of BNT rewards which is almost certainly happening this week. When all of those stakers receive their BNT rewards and inevitably lock them back into the protocol's pools due to the insane APYs, even more price pressure will be placed on the token. To top it off, Bancor is also building crosschain to Polkadot and other chains and also building on L2 using Arbitrum. There are also major institutional investors piling in to BNT and shilling it all over Twitter like the Winklevoss twins, Novogratz, Draper and others. This is the DeFi blue chip that the elites have chosen as their pump of choice. Why? Because Bancor BNT is the original god tier AMM and has functions that no other AMM is capable of developing and they all know that Bancor will beat Uniswap, and all other copy cats with higher TVL and higher token price. BNT supply is incredibly scarce compared to UNI and Sushi. There's only so much available. With 60% locked in pools and increased demand + bullish unlocking and restakings + L2 Arbitrum + DOT bridge this token is set to explode. Don't buy it though if you hate money.

[Anonymous No.26500608]

>>26500513
looks like it’s already up 20% since it was shilled here yesterday. how high do u think it will go? how do u know whales are buying?

[Anonymous No.26500687]

>>26500608
>how high do u think it will go?
BNT will realistically hit $5 in early February. $10 in March and the blow off top will be around $40 late summer around August.

>how do u know whales are buying?
I'm one of them.

[Anonymous No.26500747]

Based af easily the most undervalued blue chip in DeFi

[Anonymous No.26500779]

Why shill BNT here? Biztards wont buy until its top 50

[Anonymous No.26500852]

>>26500779
Biz made me rich. So it's my turn to give something back.

[Anonymous No.26501060]

>>26500852
based take link made me rich
looking to take my wage monies to buy under rated coins.
GRT REN ALGO DOT
SNX BNT VET ADA you know the
chad coins

[Anonymous No.26501220]

>>26500513
unlocking BEL by holding ARPA, doesn't get easier than that

[Anonymous No.26501263]

>>26501060
The way to get rich is to consolidate your wage monies into 1 or 2 tokens. Once you've accumulated wealth you should diversify into several assets. You are spreading yourself thin anon.

[Anonymous No.26501451]

>>26501263
85% chainlink
5-10% tesla and pot stocsk
the rest is shit coins
im spread out pretty chad i think ??

[Anonymous No.26501472]

>>26500513
how much BNT do i need to make it?

[Anonymous No.26501511]

Not bad. Almost as good as Lition (LIT)

[Anonymous No.26501655]

>>26501451
Holding 85% in LINK is a good consolidation strategy to grow wealth. Not sure how many shitcoins you hold, but more than likely those can be consolidated into LINK as well, or into an undervalued defi blue chip like BNT.

[Anonymous No.26501687]

>>26501655
ill consolidate into bnt and grt how about that?

[Anonymous No.26501870]

>>26501687
>Holding 85% in LINK is a good consolidation strategy to grow wealth. Not sure how many shitcoins you hold, but more than likely those can be consolidated into LINK as well, or into an undervalued defi blue chip like BNT.

My response above to you was deleted. Reposted.

>>26501687
Do what you think is best. GRT is a solid project but the 10 billion token supply is a red flag for me. Only 100 million BNT in circulation and 60% of supply is locked in pools and the need for it is growing. It is rapidly moving off exchanges into Bancor’s pools, growing TVL and increasing price pressure. I am more bullish on BNT than any other defi coin due to the low supply, incredible tokenomics and massive undervaluation when looking at the amount of revenue Bancor is generating for the protocol. BNT, realistically, should be around $15 to $20 right now.

[Anonymous No.26501886]

riding the badger wave at the moment, have always liked BNT and rode it up in 2020 defi season. Will jump back into BNT soon.

[Anonymous No.26501957]

>>26501451
collateralise your link on aave borrow stablecoins and buy bnt?

[Anonymous No.26502266]

>>26501957
how high are the risks here? what’s the catch? what’s the cost? sounds complicated for the average bag holder.

[Anonymous No.26502339]

>>26500513
and yea, agreed that BNT is fundamentally boolish. actually amazing it’s only $2 now considering how vastly superior Bancor’s pools are to any other DEX.

[Anonymous No.26502513]

>>26500513

Yeah it’s insane. Single sided staking + NO IL+ trading fees + admin fees coming afaik. Ridiculous. Aped in below 1usd and am so comfy cruising it rn.

[Anonymous No.26502757]

>>26502266
not very high if you only borrow 25% of your collateral

[Anonymous No.26502923]

the only AMM to kill them all is THORCHAIN... uniswap,sushi,bancor are all about to become obsolete dyor

[Anonymous No.26503085]

Where do you see your rewards after staking and how long does it take

[Anonymous No.26503180]

>>26502923

lmfao are you serious? did you even look at your trash exchange? it's literally obscure tokens and BEP2 derivatives no one trades besides Binance. kys you dumb shill

Meanwhile bancies are banking insane returns from the liquidity mining without losing any profits to impermanent loss. Enjoy your rune trash while Bancor continues to innovate.

[Anonymous No.26503976]

>>26503085
according to what's been shared, rewards will show in the protection screen when they are dropped. you start earning rewards right away when you stake, but you need to stay in the pool to earn impermanent loss protection. you get 30% insurance at 30 days in the pool. then protection increases 1% more each day all the way up to 100% at 100 days. also in addition to the rewards and insurance you also earn the swap fees. so theres compounding yield. yields compound even more if you restake the BNT rewards. most rewards pools have over 200% APY for BNT liquidity providers.

[Anonymous No.26504164]

Im still accumulating. This is best tech ever. 10$ next month is safe.

[Anonymous No.26504231]

andrej was frothing over BNT recently lol

[Maji No.26504318]

Bancor is set to lift off....multiplier rewards soon to be unleashed. Panic in the streets to get in the pools

[Anonymous No.26504379]

>>26504231
he has been for a while. believe there may be some collab in the works between yearn and bancor tho.

[Anonymous No.26504403]

I bought. Solid thread

[Anonymous No.26504509]

>>26504403
Based and BNT pilled

[Anonymous No.26504518]

I don't understand, rewards are unlocked, wouldn't that cause a dump?

[Anonymous No.26504671]

>>26504518
unlocks are bullish lately lol

[Anonymous No.26504709]

>>26504518
No. This is a massively bullish unlocking where the majority of people receiving rewards will be immediately restaking the new BNT straight back into the pools due to the 2x APY that is being given to anyone who does. Good chance that amount of BNT locked in Bancor pools will near 70% of total supply after this. Also, in general, unlockings have become a bullish indicator.

For example:

1inch drops liquidity mining rewards - Token moons 100%
Solana Supply increases 9x - moons to $1.50
AVAX supply doubles - moons from $2.80 to $14.50
Yearn announces supply increase - YFI moons 30% in a day.
... and the list goes on.

[Anonymous No.26504754]

>>26504671
Checked and based. This anon knows.

[Anonymous No.26504823]

>>26504709
what exactly is the unlock tho? you're saying it's happening this week, but on the Data tab I see the rewards still last 14d 9h?

[Anonymous No.26504934]

>>26504823
Anyone who has staked on Bancor since the beginning liquidity mining in December will be able to claim rewards this week. The mining program is 2 years long. This is the first rewards drop. After this liquidity providers will be able to claim rewards at any time. So I'd anticipate that once people see how large the rewards are that many new liquidity providers waiting on the sidelines are going to ape into Bancor's pools to get a slice of the action. The bigger the pools get from stakes, the more liquidity is in the system, the more trades Bancor processes, the more revenue the protocol generates, the more valuable BNT becomes because it is needed to run the entire system, and anyone who stakes BNT in Bancor's pools gets 70% of all of those rewards.

[Anonymous No.26505345]

>>26504318
$30 BNT by March seems likely in this market with all that Bancor has going for it.

[Anonymous No.26505472]

so do I understand correctly? there is a 12 week reward cycle which will start over again for 2 years, but claiming rewards will be possible this week bc the UI/contract is updated?

[Anonymous No.26505556]

>>26505472
basically yes.

[Anonymous No.26505566]

Where should i restake? Feel like LINK is the safest as the marines will never let go of LM.

[Anonymous No.26505709]

>>26505472

There's a new proposal to extend all big caps pools by 30 days already. Should be up for vote in two days.

https://gov.bancor.network/t/liquidity-mining-rewards-extension/414

[Anonymous No.26505766]

>>26505566
LINK has unironically become the largest pool on Bancor. Second highest volume after the ETH pool. So yea LINK is a great pool to stake in. Has some of the highest APY on the BNT side. 230% now for anyone who stakes BNT. Then you also get the swap fees as well.

[Anonymous No.26505892]

How many BNT to make it.

Do you see this grabbing more share from uni and sushi? How much share? And why would it?

[Anonymous No.26505945]

I was in at ICO, what a let-down that was lmao

[Anonymous No.26506067]

>>26505566

Anon this is a no brainer. We must expand the LINK/BNT pool as it allows lower slippage and better trading experiencew

[Anonymous No.26506101]

Just got 2000 BNT

I only use coinbase Pro and I have binance that I use a VPN to connect. But I don't need this it just coinbase Pro. Why would ice take the coins, what does that mean, and what does that give me differently than just waiting until BNT hit something like $10 and then sell?

[Anonymous No.26506111]

>>26504934
>The mining program is 2 years long
But this suggests it's running out already?
>>26505709
>https://gov.bancor.network/t/liquidity-mining-rewards-extension/414

[Anonymous No.26506119]

>>26505945
A whole lot has changed since Bancor's ICO. Only thing that's the same really is the name of the project.

>>26505892
If you have 10,000 BNT and Bancor hits $30 as many expect it to this year then you're looking at $300,000. Bancor is unquestionably already grabbing market share from UNI and SUSHI. Gradually and then suddenly Bancor will take them both out. Relevant pic attached.

[Anonymous No.26506129]

>>26505766

Don’t forget admin fees from your vBNT. Another bonus. Nate and Yudi are truly big brained.

[Anonymous No.26506151]

Will this give me more returns than $atom? I like cosmos op but have to give up one.

[Anonymous No.26506166]

>>26506111
No. That's just a proposal to extend rewards on the pools liquidity mining is already running on.

[Anonymous No.26506181]

>>26506119
Half and halfbkink and BNT. SHOUKDBi swap over?

[Anonymous No.26506214]

Please spare a thought for those who were unfortunate enough to have provided liquidity to Uniswap and Sushiswap. Lest we forget

[Anonymous No.26506229]

>>26506181
Jesus... me and my pghne typing like a damn animal!

Okay so half and Link half in BNT. Question is, and I am going to be holding through the summer, should I put that all in or should I keep it 50/50?

[Anonymous No.26506238]

>>26506181
I dont know what that means, but yes. For weeks big players have been slowly transferring their wealth Into their new asset: Bancor. When accumulation finishes (look for a pump in Bancor) Uniswap and Sushiswap will be abandoned. BNT is the one.

[Anonymous No.26506266]

Anyone not staking their BNT for compound returns during LM is gonna miss out big time

Thank me later

[Anonymous No.26506302]

>>26506151
BNT is better than both of these.

[Anonymous No.26506472]

>>26506266
>he knows

[Anonymous No.26506496]

>>26506266
I went here to learn how to stake and try to decipher it all: https://blog.bancor.network/bancor-v2-1-staking-guide-749e5cc4326a

I made it a quarter of the way down the page and it all got too complicated and I didn't understand a damn thing about it so unfortunately I'm only going to make money on this by holding it and dumping it in a couple months or something. But for the rest of you who understands all that crap, get into it I guess! Yeah, I'm kind of pissed at myself for not being able to get it and not trying to do any more research. I'm just so frustrated today.

[Anonymous No.26506502]

There is also a proposal under way to enter UNI and SUSHI into liquidity mining. Currently you can't even provide liquidity to those protocols' native tokens without suffering from crippling IL, and so people will rush to provide liquidity to it in Bancor instead

Bancor is about to cuck the other AMMs big time. Major scenes

[Anonymous No.26506541]

>>26506496
What don't you understand fren? Happy to help

[Anonymous No.26506576]

>>26506496
still going to make it.

[Anonymous No.26506657]

>>26506266

/biz/ sold the V2 launch and then they also missed 200-400% APY with 0 IL risk with "BNT is a stablecoin" fud. It's pathetic. Most of you are lucky 2017 og linkers are spoonfeeding you this info, not that it's hard to grasp these concepts, but it does feel like /biz/ is a cesspool if literal brainlets nowadays.

Anyway, enjoy the gains for anyone farming. we're all going to make it.

[Anonymous No.26506717]

>>26506541
Okay so I went to the site and it seems that you're adding liquidity to pools so that people can trade around because your tokens are staked there. What is this like giving a bank your cash so that they can do their business and if they are charging transaction fees their customers, you are getting a percentage of that, and then you can pull your tokens back out down the road at a certain point when you are allowed to, and then sell it if you want? Or just rice take them? If that's the thing, I got it down! But I figure like anything in life, that probably isn't it at all or something. But if so, the next question is, what pools am I supposed to put them into? A thousand into aetherium and another thousand into link? I feel like those are the ones that are doing massive amounts of Trades lately and that's what's going to net the most cash. And then the website says it's baton to use it at your own risk, connect to a wallet which all I'm using is coinbase. So I guess the question is are, how far am I off base at this point?

[Anonymous No.26506719]

>>26506541
Can i stake with just bnt?

[Anonymous No.26506771]

>>26506719

yes...it's single sided staking.

>>26506717

I don't even know how to respond to this...

[Anonymous No.26506776]

>>26506719
Yep, single-sided exposure is how it works. If you want to supply both sides of the pool, you do so separately :)

[Anonymous No.26506827]

>>26506719
Yes. Bancor lets you stake single sided and anyone who stakes BNT get 70% of the rewards. Go to bancor.network, choose a pool, deposit those sweet bancies and sit back as you accumulate generational wealth.

[Anonymous No.26506933]

>>26506717
Well, a bank can lose your money. If you stake in a DEX without IL, you are doing the own business on there. The fees earned on your proportion of the pool go to you and you only.

Your next step is to transfer your tokens from Coinbase to Metamask, which is the wallet used to connect to Bancor (or any DeFi project run on the Ethereum Network for that matter)

So download the Metamask plugin on Chrome and follow the instructions given by Coinbase on how to transfer tokens from there to Metamask. If you're worried about security it's always a good idea to run your antivirus through the PC before getting started

[Anonymous No.26506939]

>>26506771

Why I feel like a fucking idiot I just don't get it at all. Only thing going for me is that I seem to have picked good coin to get into. Generally everybody over the last week that's been talking about link and bancor have thought of it as one of the most legitimate altcoin/crypto. And if I'm looking to just try and triple or quadruple my money over the year of 2021, I haven't heard anybody say that was impossible or laugh about it. Lee at I'm staking because I'm too much of a moron, I guess that's all right today.... but tomorrow, maybe I'll watch a YouTube video and get a clue

[Anonymous No.26506981]

>>26506939
It's cool man we all start somewhere

[Anonymous No.26506995]

>>26506939

https://www.youtube.com/watch?v=nTxm88cyuZc&t=185s&ab_channel=MarkRichardson

[Anonymous No.26507036]

>>26506827
Cool man. How long do i have to stake it there? Is there a lock up period. Man i'm getting bullish lol

[Anonymous No.26507076]

>>26500513
when OP started this thread BNT was around $1.90. Now about to cross $2.10. Based AF.

[Anonymous No.26507124]

>>26506981
Thanks fren

[Anonymous No.26507159]

>>26507036
You need to be staked for 100 days or more to achieve full impermanent loss protection. On the front-page of app.bancor.network you can see the status of the liquidity mining program in the Rewards column. Bear in mind that most of the large-cap pools (stablecoins, LINK, ETH) will be re-entering liquidity mining after the vote

[Anonymous No.26507211]

@bancor is the main telegram channel btw. The support team were very helpful and responsive to me when I first started out. See you all in there

[Anonymous No.26507362]

>>26507076
;)

just the beginning.

[Anonymous No.26507390]

>>26506229

If you’re holding that all summer you should absolutely stake in the pool. Even if you’ve a stroke and become low iq and decide to leave the pool, that’ll be in 100 days. Earlier if your stack isn’t big.

[Anonymous No.26507420]

>>26501870
You're the anon from yesterday. I was thinking about our conversation and divested my 40k grt into 11k bnt tjis very morning in Australiatown. Happy that I did. Thanks for the push.

[Anonymous No.26507432]

>>26506496

This is the entry barrier fren. Most don’t know and haven’t been staked, hence why the apy for current bnt liquidity providers has been retardedly high.

Stake it and then learn, I’m telling ya.

[Anonymous No.26507457]

>>26506266
I’ve been staked in the LINK/BNT pool since late November 2020. I can not withdrawal for the 100 day period. How do you weigh the benefit of the APY and fees earned VS profits I could get during an Alt season pump? Basically , if you’re staked you lose out on selling for profit this alt season. Is it worth it?

[Anonymous No.26507459]

>>26506657
I went in immediately to the usdc pool, it seems like false advertising because my real roi right now today like 80 days in is less than 1%. I want to believe but am doubt right now.

[Anonymous No.26507477]

>>26503180
>rune trash
kekd and rekt

[Anonymous No.26507491]

>>26507459
they're lying pieces of shit
BNT is absolute garbage shilled by pajeets

[Anonymous No.26507505]

>>26506939

Bruh we were all new at one point. Ask away, there’s a few big brains here and can absolutely confirm there are two whales lurking in this thread haha. Only stupid question is the one that wasn’t asked. You already understand the base of it, just need to familiarise yourself with meta mask plugin and you’re good to go.

Personally, I learn by apeing in and then researching what I just put my money in as now I’ve skin in the game kek

[Anonymous No.26507516]

>>26507420
happy for u fren. may this just be the beginning of a massive increase in wealth for u and all of the based anons in this thread. we're all going to make it. spread the word.

[Anonymous No.26507541]

I’m a bit confused with this system also, so you guys are staking within BNT or investing in BNT? Or both?

[Anonymous No.26507581]

>>26507459
That's just the APR you're seeing. Wait til the rewards drop. Which side of the pool are you on? Just USDC? APY is good on that side, but of course will be lower than staking on the BNT side. The APY numbers also include the 2x multipliers I believe.

[Anonymous No.26507632]

>>26506266
checked and ive been in since day 1. bought another 11k this morning. comfy as

[Anonymous No.26507655]

The point that most people in the space are sleeping on is that Bancor is the original AMM. It raised a record-breaking amount of money at its ICO in 2017, and after releasing V1, discovered the issue of impermanent loss and spent the next few years building a solution to it.

Meanwhile, Uniswap and Sushiswap forked the Bancor V1 protocol and rushed out what is a terrible deal for liquidity providers, and stole the limelight for all the wrong reasons despite the notoriety they've gained. There is no impermanent loss protection in those protocols, and the APYs quoted for LPs are essentially a lie. Unless you're a multi-million dollar whale, you're lucky to make any profit at all as an LP on those protocols

Patience is lucrative in this space. Not only is Bancor v2.1 the best AMM to provide liquidity to and in turn trade on, it is quite frankly the ONLY AMM that should be used by anybody. And it can't be forked, because the IL solution is built into the BNT token

[Anonymous No.26507671]

>>26507457

You can withdraw; you’re not fully protected and may suffer IL depending on the size of your stack (generally under 4 digit link let’s can withdraw 100% after 30 days) but that is missing the forest for the trees.

Bnt requires a 24 unlock from being staked; there is no 100 day minimum lock up like crypto.com or some cefi scam like that. You can withdraw at any time, so if you’re degen and about to get liqd on aave, you can still remove your LINK before the 100 day (at a partial IL risk) to cover your ass.

These guys invented the AMM, and uniswap copied it. Now Bancor have tried to mitigate IL initially with v2, but ethereum was too expensive to have chainlink feeds update too early and so the front running risk was too great.

All they ever do is innovate. And Bancor haven’t been so kind as to open their repo, so the other dexes will eat when Bancor tells them to. Also Andre cronje has fully admitted that the Bancor devs are too big brain for him.

[Anonymous No.26507686]

>unlocking capital that was trapped for months
>it will not ultimately dump
You might want to look into the newest rebase scam, rebranded hacked shitcoin, or how about a classic ponzi like BOOM

[Anonymous No.26507742]

>>26507491
Bancor is unironically the best yield farm to ever exist. No other staking option even compares. They literally give you everything. Protection from IL, single sided staking and massive APY. You'd be lucky to get just one of these options on another yield farm. Bancor gives you it all. They're also a veteran project, been in the space for 4 years, with the top developers in the business. The most legit defi blue chip in existence and massively undervalued. Anyone smart enough to hold and stake BNT deserves the generational that is coming.

[Anonymous No.26507746]

>>26507457
If you're not 100 days long on what you're holding and you swing trade, then yeah it's not for u

[Anonymous No.26507755]

>>26507655
Its ICO was dogshit, took in a hysterical amount of money and did sweet fuckall with it - cost me a shitton in missed opportunities though. The woman was pretty and the memes were good BILU BILU BILU.

[Anonymous No.26507765]

>>26507541
Bancor is the protocol and BNT is the token. Cmon man you know this lmao. Chainlink + LINK are different. Ethereum + ETH are different

[Anonymous No.26507780]

>>26507211
yes they were really patient with brainlets like me

[Anonymous No.26507793]

>>26500513
Delete this please

[Anonymous No.26507813]

>>26507755
>>26507491

Lmao
>1 post by this id

Stay poorforever pajeets

[Anonymous No.26507816]

>>26507459
That's the ROI from swap fees. Rewards from mining will be visible shortly

[Anonymous No.26507856]

>>26507076
God Christ it’s happening! NUMBA GO UP! Didn’t expect it to happen this fast.

[Anonymous No.26507885]

So how many BNT to fucking make it

[Anonymous No.26507919]

I APED INTO THIS RIGHT NOW AM I GMI?

[Anonymous No.26507948]

If you didnt buy BNT, you are an idiot. The LM Rewards are amazing 200-400%. It will be shown in UI in coming days. See u at 25$. My bags are full. I didnt understand why biz is sleeping on BNT.

Look at the link marines. They are high IQ level. the link/BNT Pool is bigger then ETH.

[Anonymous No.26507961]

>>26507919
Congrats anon you are going to make it. We all are. $50 BNT is not a meme.

[Anonymous No.26507977]

>>26507516
Ok just noticed you have nearly 200k bnt. Well played sir. Well played. I thought I was ballin with 28k lol. You have any link?

[Anonymous No.26507978]

>>26506119
Why would poolers from uni and sushi or crv switch to bancor though?

[Anonymous No.26507990]

Everything under 25$ is fud. We will see double digit in next weeks. Screenshot this. Thats not just a fucking shitcoin.. the tech is high iq level.

[Anonymous No.26508025]

>>26507977
>100k, still..

[Anonymous No.26508051]

>>26507978
Full Impermanent loss protection

Single-sided exposure

Liquidity mining rewards

[Anonymous No.26508099]

>>26507978
Bancor protects poolers from impermanent loss and allows them to stake single sided while collecting massive APY from BNT liquidity mining rewards. Uni and Sushi do not protect there LPs from imp loss, LPs must stake on both sides of the pool and rewards are meh.

[Anonymous No.26508144]

>>26507813
What you want me to dig up the etherscan Tx? Really? The coin underperformed pretty massively. Look at a ‘17 chart.

[Anonymous No.26508180]

>>26508144
It literally wasn't even a working product when it got to $10

Real innovation takes time; building a solution to impermanent loss is no quick fix

[Anonymous No.26508253]

>>26507655
how does the IL protection work? I'm guessing they are paying back LPs with newly minted BNTs in equivalent dollar value to the accumulated IL over the 100 day duration?

[Anonymous No.26508305]

>>26508144
Look at the chart from beginning of 2020 after the token model changed and then V2 rolled out later in the year followed by v2.1 with liquidity mining. the token pulled a 1000x anon. and thats just the beginning.

[Anonymous No.26508440]

>>26508253
Not quite but close

They explain it in full detail here

https://blog.bancor.network/proposing-bancor-v2-1-single-sided-amm-with-elastic-bnt-supply-bcac9fe655b

The protocol health report which was recently featured on Cointelegraph shows that the approach is working beautifully

[Anonymous No.26508524]

oh shit numba start to go down was I simply tricked by pajeets?

[Anonymous No.26508682]

I want to stake, why i the transaction fee for pooling about $70? wtf not gonna pay that shit, even with eth congestion uniswap fee / other transaction are maximum $30 right now.

[Anonymous No.26508712]

>>26508524
To be completely honest I don't even watch the daily movements. Just the macro trend. Do you see what's happening here anon? Do you know what this means? Relevant chart attached.

[Anonymous No.26508765]

>>26508682
get vitalik on the line!

[wewefwe No.26508800]

well but the ui looks like shit desu. hopefully they get a good looking website...

[Anonymous No.26508820]

>>26508765
calling this little lbgqtowowtf booger-eating unicorn retard right now

[Anonymous No.26508836]

How much BNT minimum to be worth staking?
Poorfag with enough for about 1k BNT, what kind of profits would you make on that?
Is it peanuts that id be better off gambling on pump & dumps?
Thank you based BNT thread

[Anonymous No.26508854]

>>26508712
faaaak is all of that BNT going into Bancor’s pools?

[Anonymous No.26508856]

>>26507816
I put 20k dual side in usdc as test, i gope it pays well...

[wewefwe No.26508925]

>>26508712
where can you chart the price and supply on exchanges?

[Anonymous No.26509051]

>>26508836

You can calculate your APY%. If you do 200% yearly, it's 16% a month (keep in mind you need to stake for 5 weeks for the 2x multiplier)

So on 1K BNT which is now $2,000, you'll make $320, paid out in BNT. You can withdraw or restake them anytime

[Anonymous No.26509052]

>>26508925
santiment. fun whale tool.

[Anonymous No.26509058]

>>26508836
With price action and LM combined you'll be looking at around 15x as a conservative estimate imo

[Anonymous No.26509365]

IT WENT DOWN 1% I'M FINANCIALLY RUINED HELP

[Anonymous No.26509383]

>>26507978
Look at the link pool lol. People are fleeing from uniswap as they realise they can just stay 100% long on Bancor in LINK and earn trading fees AND liquidity mining.

[Anonymous No.26509435]

>>26509365
yea it’s over. pack it in. kek

[Anonymous No.26509470]

>>26508144

Could not give a flying fuck what it used to do or the fact that it pumped in 2017. I went x25 on fucking SIGT and x10 on MOON back in 2017. Whatever, I dngaf, stay poor. Imagine “threatening”. 2017 txn when Katy Perry was painting her nails. Was a hype cycle.

Point me to one protocol that allows you to stay 100% long on any non-stable coin assett whilst earning swap fees + liquidity mining.
No? Lmao

[Anonymous No.26509897]

Imagine not being in Bancor right now kek. Once the liquidity mining rewards go live, we're gonna be in for a wild ride. $1B TVL is FUD. Have fun staying poor faggots.

[Anonymous No.26509899]

Be carefull anons, staking fee is 85$ , I just staked some bnt

[Anonymous No.26510168]

>>26509051
320 a month on 2k?
That sounds unbelievably good. Can you post screenshot of your stake earnings because hearing about returns like this make me want to check the street for shit.

[Anonymous No.26510237]

>>26509899
how much did you stake?

[Anonymous No.26510302]

>>26509470
Bullish

[Anonymous No.26510376]

>>26510168

Yea and soon we will. That’s what is being announced very very soon. The display and claimingnof these rewards, with the option to claim (and lose multiplier) or restate these for even more. And it compounds over and over.

Eventually, those who sell their rewards or don’t restate will have made profit (and good like the one you’re seeing) but they’ll get fucking rinsed long term.

You’ll see PLENTY of rewards screenshots coming in the next few days, as the rewards applied retroactively.

[Anonymous No.26510408]

I will be sharing my Rewards once visible

[Anonymous No.26510578]

So is the 220% apy it displays on the BNT pair real or not? Can you link me the sources

[Anonymous No.26510673]

>>26510578

Literally what this hype is about is that the rewards display and claim are going live soon. Hopefully within next few days (or hours maybe kek). Go join the tg and ask. Am on mobile so don’t have screenshots of nates comments but they’re all there.

[Anonymous No.26510739]

>>26510578
https://blog.bancor.network/announcing-bnt-liquidity-mining-b30be90a008d

[Anonymous No.26510779]

>>26500513
how do i but this?

[Anonymous No.26510832]

>>26510779
Coinbase

[Anonymous No.26510932]

>>26504754
What are you checking brainlet

[Anonymous No.26510995]

>>26510779
Directly from Bancor if you don't want slippage on a large order

[Anonymous No.26511002]

>>26506933
I just sent 6 BNT to metamask to make sure it gets there. 5 minutes and nothing yet

[Anonymous No.26511278]

>>26510779
literally anywhere

[Anonymous No.26511481]

Look at this. Founder of YFI - André is fan of bancor.

[Anonymous No.26511679]

Re-staking is so fucking boolish it hurts

Think about it: all liquidity mining rewards in the history of mankind are either held or dumped

If you wanted to re-stake them to the protocol, you would need to sell some or add new tokens. Like UNI or SUSHI - if I want to add my rewards back into the protocol I have to pair them with ETH or sell them for ETH

SINGLE-SIDED POOLS CHANGE EVERYTHING. I can easily funnel rewards back into pools to compound gains without selling / adding new tokens. more fees and rewards, then re-stake again, and again and again, until Uni and Sushi are mere blips on the liquidity radar - failed attempts at forking the original m'fking of AMMs

All mxn and wxmen will bend the knee

Rumors are rewards are going live tomorrow/Wednesday. Everyone will see how profitable it is to stake on Bancor and fomo into BNT and their pools. 500m TVL in week 1, 1B TVL in week 2

BNT WILL RIPPPPP

[Anonymous No.26511780]

>>26511002
Can take a few mins

[Anonymous No.26511965]

>>26511679
$1B TVL. It's coming. Just a matter time. Could be sooner than anyone thinks. And when that TVL goes up, BNT is going to absolutely moon.

BUY BANCOR OR STAY POOR

[Anonymous No.26512199]

>>26506101
You would put them in a metamask wallet off of coinbase and stake them on Bancor's site. With 2000BNT staked and the rewards you can hit 4250 BNT in a year and then sell at $10. It's literally that easy.

[Anonymous No.26512790]

>>26512199
>he's right

[Anonymous No.26513108]

Stop falling for these pajeets

single sided liquidity will never work mathematically someone has to take the fall for it and in this case it is the BNT stakers

[Anonymous No.26513167]

>>26513108
is this true pajeets? I will only buy if no pajeets work for this company.

[Anonymous No.26513362]

>>26513108
>Wrong.

Single sided staking is working and generating profits for BNT holders.

https://twitter.com/Bancor/status/1350759905746149380?s=20

https://blog.bancor.network/bancor-v2-1-protocol-health-report-january-2020-83338c904de0

[Anonymous No.26513424]

Just staked 10k LINK

This is my first foray into DeFi

Am I right in understanding that I can only withdraw any returns I get by unstaking my whole LINK position? Vs. CeFi where rewards are paid e.g., weekly and can be cashed out immediately

[Anonymous No.26513466]

>>26513167
>Bullish idiot tier FUD
Thanks just bought another 20K BNT

[Anonymous No.26513855]

>>26513362
Once tvl gets bigger it won’t be profitable anymore

[Anonymous No.26514008]

>>26513424

No you’re wrong. You can claim them whenever, even if it’s a loss (small amount vs gas fees)

[Anonymous No.26514016]

>>26513855
Are you legitimately retarded? Every singe post is a deeper level of stupid.

[Anonymous No.26514413]

>>26514008
Interesting, thank you.

Someone in a LINK thread a few weeks ago was saying that with 12k LINK in Bancor they were getting about 9 LINK a day. Not sure how they came to that figure. LINK 1W APR is currently under 3% and so I'm expecting under 1 LINK per day. Pretty crap returns desu. Interested to see how liquidity mining works out.

[Anonymous No.26514585]

alot of uninformed and uneducated newbs in here. you looking for the best dex? do some research on Rune/Thorchain. there is a reason why its outperformed Link and went from 0.01 cents to 2.50 in 1.5 years. THORchain is revolutionary tech about to take over the amm game.

[Anonymous No.26514732]

>>26514444

[Anonymous No.26514930]

>>26514585
OK pajeet larping as viking lmao

[Anonymous No.26515306]

>>26514413
Yeah, that's why everybody is excited to see the rewards info updated in the UI here in the next few days. I am sure that anon was doing quick math on the weekly rewards. Currently protection tab only shows txn fee's.

[Anonymous No.26515530]

>>26514585
thorchain is 100% a scam but i respect the pump

[Anonymous No.26515549]

>>26503976
where are you staking your BNT? Im trying to learn and the yield/ liquidity pools is currently out of my understanding

Just holding the BNT token seems like Im missing out on possible rewards

[Anonymous No.26515613]

>>26515549
im staking on bancor.network in LINK and ETH pools. holding is fine, but if you're not staking you are missing out on the rewards you get for depositing your funds in a liquidity pool.

[Anonymous No.26515799]

Wait if I stake only BNT in the link/bnt pool.

Do I only get bnt rewards or Link rewards as well? Someone here said you get link rewards on bnt?

[Anonymous No.26515826]

local shitter reporting in, got the free gibs from coinbase and i've no fucking clue what's happening but here we go man

[Anonymous No.26515835]

How do you stalk bnt on binance

[Anonymous No.26515910]

>>26515799
I think (Based on my reading) you have to stake both sides to get link and BNT rewards, otherwise you just get BNT.

[Anonymous No.26516043]

>>26515799
All of the rewards are in BNT.

[Anonymous No.26516108]

>>26515835
You can't do that yet, but probably only a matter of time really.

>>26515910
You don't get LINK rewards. You get BNT rewards for staking LINK or any other token that has an active Bancor liquidity mining program.

[Anonymous No.26516248]

>>26515799
Swap fees earned are paid to you in the token you provide liquidity to, whereas all LM rewards are paid to you in BNT

[Anonymous No.26516287]

>>26516248
This

[Anonymous No.26517438]

>made 0.5 dollars in the past 20 minutes

o boi

[Anonymous No.26518004]

alright so i'm gonna be getting a college refund check coming in here pretty soon, do you guys think it would be a good idea to throw like 300 bucks at BNT to see what happens? this could be my ticket to stardom.

[Anonymous No.26518528]

Do I even need BNT then? Can I just stake my another token on bancor and gain BNT rewards?

[Anonymous No.26518611]

>>26518004
Throw in all your currently held shitcoins

[Anonymous No.26518698]

>>26518611
how long do you say until shit hits the fan and we start seeing dramatic increases in value?

[Anonymous No.26518714]

>>26518528
Only 30%, but yes

[Anonymous No.26518807]

how much rewards are getting unlocked?

[Anonymous No.26519507]

>>26507581
I am dual side.

[Anonymous No.26519704]

>>26518528
You can but the rewards for staking BNT are significantly higher.

[Anonymous No.26519705]

it's ogre

[Anonymous No.26519793]

>>26519705
Finally, now i can buy more

[Anonymous No.26520023]

So, I'm poor as fuck and just getting in the game. There're a couple of projects I've been trying to learn about and I'm hyped for this and BAO, but I don't understand shit. Also, DOT, but I only have like 300 dollars to invest. Suggestions? Tips? Any kind anon words to enlighten me?

Should I buy on Binance for most of what I have and then move it to a Metamask wallet and then to which staking pool at bancor.network?

Is it even worth it at such a small amount? Sorry for being such a newfag.

[Anonymous No.26520289]

>>26520023
You have to start somewhere fren, but if you are looking for an instant get rich quick I'd say look elsewhere, but BNT looks like a solid hodl so if you don't need to pull that 300 back out anytime soon 300 can be decent long term value when you compound the rewards back into Liquidity

[Anonymous No.26520635]

>>26520289
I'm not looking to become instantly rich with just 300 bucks, but maybe to increase my funds in order to be able to invest more and better.

After staking, when would you be able to compound the rewards? A month? 3?

And thanks, fren. :)

[Anonymous No.26520732]

>>26520635
I Believe the rewards are on a 12 week cycle so every 3 months.

[Anonymous No.26520805]

>>26520732
no. rewards will be available whenever you decide to claim them after they launch the first time.

[Anonymous No.26520833]

Epic thread kek

[Anonymous No.26521004]

>>26520805
and how much is being generated now?

[Anonymous No.26521024]

>>26500608
>>26500687
someone asks about the coin and there's an answer. so organic.
>>26500779
>>26500852
>>26501060
so organic. what a show of genuine generosity.
this is all so. organic.

wow you already have "memes" like pepes? organic. wow so many more people are asking questions.

[Anonymous No.26521170]

I've lost five bucks and I demand a compensation!

[Anonymous No.26521385]

>>26521170
Based

[Anonymous No.26521438]

>>26520023
With 300$ I wouldn't suggest diversifying much if at all, buying on binance or uniswap (using metamask wallet for example) doesn't matter, whatever is easier for you and has good volume (i.e. a buy / sell doesn't have a big impact on price). BNT is a good long term hold imo, not sure you'd want to be locked in for 3 months if your investment is 300$ though, might want to try getting a 2x or 3x and then moving funds to another to compound the gains. Easier said than done of course. There's really no trick, you need to keep up to date with the trends and market leaders, promising low cap projects that may be undervalued... You will most likely lose money as you learn, but as long as you end up earning more than losing you're fine. So keep coming on biz, research, be diligent but also ready to take a risk and eventually you should make it.
Besides BNT I like PNK, it's relatively undervalued especially considering its use case and their working product, vitalik likes it too (don't have the tweets under hand but he mentioned it multiple times), that'd be another recommendation for a long term hold. Good read:
https://medium.com/the-definancier/the-subjectivity-problem-39bdd2704cb3

Anyway, no one here knows the future so keep an open mind but ultimately you need to make the decisions and learn from the success and failures. Don't be swayed like the wind just because of fud or shills here (but don't blind yourself either, fud can point out genuine problems and save you from a bad decision at times). Good luck

[Anonymous No.26521518]

>>26521170
kek

[Anonymous No.26521768]

God tier AMM
The lock is in, it's already called. Ask CoinBase we already there.