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27600058 No.27600058 [Reply] [Original]

Bnt - Original AMM
Aave- Original money market
SNX- Original derivatives
LINK- Original Decentralized oracles


Sushi and uniswap, watch your fucking asshole , BNT it’s coming for you and your forked code. Inferior pooling solutions only lasts for so long.

Also a bonus for those who watched everything moon.

Sergey said defi would be big a half year later literally all the big defi’s went x100+.

Guess what Sergey said would be next half a year ago. Yes that’s right decentralized insurance protocols.

Etherisc DIP- this coin will x20 and you won’t even know what happened. Are you gonna miss out again. Stay poor

https://www.coingecko.com/en/coins/etherisc

Old thread with much more info: >>/biz/thread/S27502178

>> No.27600804

Alright, give me one reason to not put my life savings in bancor. That shit sounds way too good to be true

>> No.27601100

>>27600804
You hate money?

>> No.27601169

Not Idle.

>> No.27601271

>>27600058
will this thing take off?

>> No.27601416

Why do you guys think bancor didn’t take off when they first released v2? And what would it take for it to finally start pumping

>> No.27601947

>>27600804
retardedly high eth fees for every transaction(staking etc) is the only thing holding this back.
get in before arbitrum when this thing is guaranteed to fucking explode

>> No.27601975

This thread is going to the dump kek but fucking dumpers still trying to give their scam coins. WTF wrong with you? I don’t want to take part in your fake 500%1500% income projects. I have poolz and that’s enough for my portfolio. They have NFT - and you still use mining rofl

>> No.27602121

unusable and unpumpable. these threads were contantly on biz last alt season too and it never really pumped.

>> No.27602328
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27602328

>>27600804
>Alright, give me one reason to not put my life savings in bancor. That shit sounds way too good to be true
I can't except I never go all in.
Right now though, at this point and for what will likely be a quite awhile, BNT is a literal money printer. This is the first one I have put a decent stack into and I am legit stressing over putting in a much bigger, like 40% of my holdings...

>> No.27602561
File: 277 KB, 2664x1258, Screen Shot 2021-02-02 at 8.14.59 PM.png [View same] [iqdb] [saucenao] [google]
27602561

$Xfund DYOR

>> No.27602641
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27602641

Rate me bros

>> No.27602945

>>27602641
Looks good. Mine is similar but BNT instead of DOT. I carry a bit more LINK and a bit less ETH.

>> No.27602991

>>27602121

The best AMM protocol out there with the most advanced portfolio management board on all AMM. Just because GAS fees are high, doesn't mean BNT is unusable. Wait for the L2 scaling solution

>> No.27603195

You haven't bought BNT yet? It's already listed on CB, anon. Waiting to fomo after 10x? Again? Stay poor.

>> No.27603417

>>27603195
Can't buy it off of CB in my shit state. I'm doomed

>> No.27603633

>>27600058
>>27602328
Does it make sense to open new positions now in the existing reward pools? Or should I wait until new pools start their rewards? Idk exactly how to go about this..

>> No.27603654

>>27600804
Synthetix+ curve pools will fuck them over. WHy would you want to go into a single sided bancor pool with your link when you can go into a link:slink pool? No IL, deeper liquidity, and no history of getting hacked like bancor.

Bancor will still have a place for low volume coins but anything with over $1mil in trade volume are belong to us

>> No.27603796

>>27603633
If I enter a pool now with rewards running out in 35 days, I won't be IL protected much when I want to pull out and put into a new pool after that period.

>> No.27603895

>>27603654
>link:slink pool
APY?

>> No.27604591

Well yes I agree to a certain degree that BNT is the original AMM, although lately it has been bleeding against ETH
More return just sticking to ETH instead?
What other anons think?
I hit portfolio ATHs almost every week just holding SNX, AAVE and SUSHI

>> No.27604708

>>27603895
doesn't exist yet but people are trying to push it through curve governance. It will have some return with basically 0% chance of IL.

>> No.27605060

Garbage

>> No.27605174

>>27600058
Tell more about defi insurance.
Good defi guys are following etherisc on Twitter ..

>> No.27605465

Im thinkin Hegic and Perpetual are going to be up there. Any other real competitors? Options, leverage, margin will be the next money legos.

>> No.27606020

>>27605465
i remember reading some crumbs about hegic on biz a while back in a high iq thread
this is the first time I've read it since, I really don't know shit though

>> No.27606351

>>27603796
>If I enter a pool now with rewards running out in 35 days, I won't be IL protected much when I want to pull out and put into a new pool after that period.
its 30% at 30 days and 1% per day till 100.
Its a risk for sure...that said, its extremely likely we will vote to extend rewards again.

>> No.27607013

>>27604708
Different use cases
Do you see the LINK pool on bancor

It’s full with link whales with over 100k link at least in their wallet.

Link/Slink ? Enjoy your pathetic sub 1% apy. Snx is good but they are not an amm

>>27604591
You obviously have never staked at bancor or are a newbie.

While the BNT/ETH pair or any other pair may seem to be bleeding what you don’t realize is that staking on bancor already paid out more than 150% rewards in the last 3 months

Meaning if you staked 100 k bnt in nog you will have 250 k total BNT right niw

>> No.27607558

>>27603654
>>27604708
>>27604708
>yeah bro bnt is shit buy x instead. APY? well it's not released yet but it will be way better bro trust me
You realise you sound like a retard

>> No.27607838

>>27607558
defi blue chip general once again filtering and exposing poors and low IQ

>> No.27608093
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27608093

bought into BNT last night, $3k worth, and am already up $3 dollary doos. This is the future. I'm also an XSN chad with 1 mn. We are gonna make it.

>> No.27608674

>>27600058
>SNX but no INJ
chances of gmi: ngmi/100

>> No.27608912

>>27607013
Correct, I haven't staked in Bancor yet. It seems great ngl.
What I think is, can I get those rewards without owning BNT?
How does Bancor accrue value to its token?
The protocol seems great, but what about the token design

>> No.27609118

>>27606020
Hegic is noncustodial wbtc/eth call/put options. It will branch out to other assets im sure.
It already has the attention of Andre and Molly. Molly made Whiteheart which uses hegic. Hegic also has staking pools like zlot. Follow the wallets.

>> No.27609777

>>27601975
does anyone know what this retarded namefag is on about? I don't even think he does

>> No.27609884

>>27609118
isn't hegic made by molly? you do mean molly wintermute right

>> No.27610112

>>27608912

Yes you can single sides stake. Rewards are less but still there.

Token access vale through swap fees + LM+ soon admin fees, which will basically give you an interest earning derivative of your BNT which you can use for other investments.

Say you have 10k usd. You buy BNT and deposit into pool. You are now earning swap fees and LM rewards.

Next, you recieve vBNT for your staked BNT. This relieves all your BNT + your admin fees. Admin fees are going to derived from swap fees afaik.

Finally, you can actually sell that vBNT for another shitcoin tho at you feel may outpace BNT. So you swap vBNT for LINK. Say you wait 2 months and LINK moons 20% more than BNT. You sell it. You rebut your vBNT, which can be swapped for BNT. That BNT has been accruing swap fees and admin fees, so now, you have your BNT that you bought + the fees accrued via swaps and LM and admin + any price appreciation + the profit you made from your LINK swap.

These guys (eyal) made the constant product protocol, decided to integrate chainlinknoracles to overcome IL, but ethereum was too expensive to maintain full up time on the CL oracles, so now they developed a single sided staking imprement loss proof function as liquidity provider, in a sustainable fashion that results in burn>inflation.

There’s your fucking alpha leak for you. I was shilling BNT for months but biz is new retarded or they wait for Twitter shillers to tell them what to buy.

Omega alpha protip: buy YAX

>> No.27610296

>>27610112
My one concern is inflation of BNT from the pools. Does burn really cause deflation instead? Thanks anon

>> No.27610335

>>27609884
Yeah sorry its Mollys thing. It will have lots of attention* I think because of their connection with Andre, and the greater defi space.

>> No.27610433
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27610433

WTF I LITERALLY BOUGHT HOURS AGO

>> No.27610531
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27610531

>> No.27610753

Everyone in here who is currently staking needs to go vote for BIP 9

>> No.27610778

>>27610112
is it worth getting a small yax bag and staking it right away?
seems promising

>> No.27610969

>>27601947
From everything I could gather on google, Arbitrum seems available already. What's this deal it's soon to come? Presentations and whitepapers from 2018... where's 2021?

>> No.27610987

>>27607013
SNX is not the AMM, Curve is. It has a different bonding curve that provides deeper liquidity on stablecoin pairs. Link:Slink can take advantage of this because it's effectively a stablecoin pair, and swaps are executed through synthetix, taking advantinge of infinite liquidty. A swap from ETH to LInk would go Eth:SETH:SLINK:LINK. Such a trade could go through for 10's of millions with no slippage.

>>27607558
BNT isn't shit it just can't compete with this type of implementation. You are not going to beat infinite liquidity, sorry. Bancucks on suicide watch.

>>27607838
coping bankike detected. shill more shlomo

>> No.27611299

>>27610112
>buy YAX
tfw $70 ETH fees

>> No.27611349
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27611349

$1000 in 3 days

>> No.27611511

>>27611349
oh fugg. what pool are you in and how much do have staked (in dollars)?

>> No.27611632
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27611632

>>27610112
Based. Thanks anon

>> No.27612795

>>27611349
this is what its about

>> No.27613213

>>27608912
For the millionth time, single sided exposure , you don’t need to own bnt, you just need to pray there is spot in the pool

>> No.27613260

>>27610112
I bought YAX yesterday and I'm staking it only because of you anon. Don't fail me.

>> No.27613437

>>27610987
If what you’re saying is true then snx/curve will become the liquidity black hole.

>> No.27613560

>>27613437
So then what’s the play, buy snx? I don’t know much about the curve token is it worth buying?

>> No.27613927

>>27613437
It's already live for Eth-stable-wbtc swaps. We can make pools for any erc-20's, but it's only really efficacious for super high volume pairs. Not even implemented through 1nch yet, but when it is, it's basically untouchable.

Banor/uni/etc will still have their place but in my opinion this style of AMM will suck a lot of wind out their sails. And it's only a side usescase of SNX. What it won't work for is lower volum erc20's that SNX has no incentive to list. Bancor is still better than 99% of shit out there IMO.

>> No.27614010
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27614010

>When we started, we were just the little guys in the neighborhood. Errand boys, shoe shiners, shitcoin flippers. The old guys, they had bought Bitcoin back in '07, leftover dust from their silk road weed and coke purchases had turned them into millionaires overnight, those who didn't waste it all on pizza anyway. Drug dealers and junkies were now running the country clubs, can you believe that? Then came the eth heads, Russians fresh off the boats, these guys saw the opportunities in the new market, and they didn't care whose turf they were selling on. They were successful at first but the old guys didn't like that and they retaliated. Gang wars escalated until the big crash, it was a blood bath. That brought scrutiny from the feds and the newspapers said to the world that it was over. The smart ones, like us, we knew we had to lay low, keep it smart, keep it quiet. We weren't kids no more, we saw that power vacuum and filled it with our autism, hungry, organized and ambitious, we ran the show while no one was looking. Forget about gambling, the drugs, whores... Chainlink. It was the heist of the century. We owned the market, and we weren't selling. We made so much money, we didn't even know what to do with it. We were so bored with making money, we even took over the Israeli loanshark and laundering schemes. Defi, we called it. It was decentralized, so they couldn't even RICO us, or that's what the lawyer said, some kind of loophole. We became untouchable. We were running this protocol, I think without even realizing it, we accidentally become the new federal reserve! We were literally printing money.

>> No.27614211

Is bancor worth it at low investment amounts (~1k?) It seems like no

>> No.27614342

>>27614211
gas fees eat 20% of your pooling value, so for me not yet. Maybe when I can put in 10k of eth.

>> No.27614594

>>27613927
If you had 15k to invest, how would you allocate it in defi. I’m thinking at least half in snx

>> No.27614832
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27614832

>>27614010
based

>> No.27614967

>>27600058
Does my earned BNT from staking automatically get added to my total BNT that’s staked? i.e is it being compounded as I earn it?

>> No.27615215

>>27614594
I'm an snx maxi but like everyone else I just talk my book, i bought in over a year ago. I am insanely bullish. Imagine being able to swap between 3X BTC and SP500 instantly with no slippage on a 100mm dollar trade.

It's a new paradigm. It might be dumb to by into something after 650x pump but then again it's stupid not to bet on market leaders. Spend 30 hours or so figuring shit out and make the decision for yourself. I am not buying or swapping anything this year. only dumping when i think the market is cooked.

Honestly you cannot go wrong with DEFI in general. Maybe buy an index if you don't want to pick a single winner. Like maybe 1% of people in crypto understand this stuff beyond a surface level. Despite the pumps you are still very early in my opinion.

>> No.27615250
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27615250

Also, buy CUDOS. The bluestock next-gen cloud computing solution.

https://www.cudos.org/

>> No.27615269

4chan brainlets do not deserve BNT.

t. OG linker

>> No.27615339

I have a question about aave. Under what circumstance would someone ever want to take out a crypto loan - the only possibly way to do so being having more collateral in aave than what you’re taking out. It doesn’t make sense to me.

>> No.27615352

>>27615215
What is the best DeFi index?

>> No.27615459

>>27600058
>APY.finance
>APY continuously routes your funds to find the best yield while being mindful of gas, fees, etc.
>Token is a governance and fee sharing token, the community gets to decide yield strategies and vote on how much yield token holders get as fee sharing.
>Rank #495 with an $16 mil mcap despite being established, well audited, and raising $4 mil from VC's.
>Investors include Andrew Kang, Alameda research, Coingecko, Cluster Capital, and Genblock
>Alameda research as a seed investor means guaranteed FTX listing
>APY.finance is a robo-yield farming aggregator that optimizes for cost efficiency and % returns across defi.
>75% of investor tokens are locked for at least 1 year before they begin vesting linearly over the next year.
>Team tokens locked up for one year, then vest linearly over 3 years
>It probably is gonna fucking moon when the strategies and yield go live this month

>> No.27615802
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27615802

>>27615250
For more info, here is my shill post:

https://www.cudos.org/

They are in the decentralized cloud computing sector and already have a running product.

> professional non-anonymous team
> no pnd
> working since 2017
> partners with AMD
> well connected advisors
> only now focusing on marketing
> only 2000 holders and 6 mil MC
> actual utility for the coin

cg: https://www.coingecko.com/en/coins/cudos
For one pager:
https://www.cudos.org/wp-content/uploads/sites/17/2020/10/CUDOS-One-PagerV.2-min-1.pdf

>> No.27616000

>>27615352
up to you really
there are a lot of them out there but it'll take time to find the one that's right for you
you could just join a balancer pool that has the defi shit you like in it, you could buy Sdefi on SNX, you can get in on NDX, etc.

find one with the shit you like and roll with that, anon is not here to help you, he's here to dump bags on your fucking face

>> No.27616042
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27616042

>DeFi

>> No.27616172

>>27616000
Checked and thanks. My only issue with balancer (and many other dex) is that there are so fucking many of them and you're dependent on market takers to rebalance for you.