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/biz/ - Business & Finance

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28025747 No.28025747 [Reply] [Original]

this feels like some rich person shit

>> No.28025837

wdym

>> No.28025866

I know what you mean
It can't be this easy

>> No.28026030

If you know, you know

>> No.28026161

So if I put 6400 of my link into their pool, then what reward am I getting?

The 15% APY from the link side of the pool? And thats guaranteed for 30 days? So I'd make 15% / 12 = 1.25% in a month on my link stack paid out in BNT?

>> No.28026303

>>28025747
Yes, based vitalik with gas fees keeping pajeets and poorfags away from this goldmine

>> No.28026476

What about yax anons , should I go all in ?

>> No.28026645

>>28025747
Wait till it pumps

>> No.28026848

>>28026161
you'll get about 10 LINK per week and 10 LINK worth of BNT per week atm

>> No.28026899
File: 169 KB, 1024x537, bancor.jpg [View same] [iqdb] [saucenao] [google]
28026899

>> No.28027029

The speed at which this team iterates is fucking crazy. Comparing Bancor now to 3 months ago it is insane how much has been achieved. With Arbitrum it’s going to completely change the game.

>> No.28027179

>>28027029
I still don’t know when /biz/ will realize the potential of Bancor.

>> No.28027347

>>28027179
New minting cap proposal passing + Arbitrum = more space in the pools and cheap entry for poorfags = this is only going one way = wagmi

>> No.28027420

can someone explain what the BNT token does except governance?

>> No.28027435

>>28027347
My only problem is having only 10K BNTs

>> No.28027456

>>28026848
Damn I wish there was room to enter the link pool then. I have mine on Yearn right now.

>> No.28027989

>>28027456
you're goin to have to refresh multiple times and probably pay the transaction cost multiple times because it's really rare for there ever to be more than 2-3k space at a time. you could buy BNT and enter double-sided or just suck it up since you'll make it back in a few weeks anyhow

>> No.28028013

>>28026303
You can just buy it on coinbase for almost no fee

>> No.28028037

Cuckbase just needs to let me send all of my BNT out of its exchange and then i can say thankies mcbankies

>> No.28028111

>>28028013
yes but there is potentially a lot more money to be made staking the stuff, and that involves fees that poories might not be willing to pay

>> No.28028145

>>28028111
Checked, ah yes. Staking. Where do you stake this rich looking pos?

>> No.28028225

>>28028145
on the bancor network

>> No.28028300

>>28027420
Earns 70% of the swap fees in every pool (70/30 split), generates vBNT which can be used in the Bancor vortex (look up the simple explainer on YouTube) and soon will be paid a platform wide admin fee.
tl;dr it gets staked on the platform and gives you money in a bunch of different ways

>> No.28028480

>>28028145
Move along, this coin isn't for seething niggers

>> No.28028673

>>28028300
The token economics are insane honestly. I expect Bancor to be the biggest AMM when it comes to trading high cap projects. Don't know if that'll be enough to take the number one spot but there's definitely a ton of room to grow. For shitcoins I think uni / sushi may keep their crown because ultimately single sided exposure and IL protection doesn't make much sense for low cap shitcoins that could be manipulated, it's just too risky.

>> No.28028817

>>28028673
its why i wouldn't be surprised if uniswap falls flat on its face once bancor gets a bit of steam

>> No.28029194

idk if im gonna make back the gas fees
i staked my eth and link a couple days back and paid about .5 eth gas fees total
the eth stack is earning alright but my tiny link stack isnt giving me shit and the fees are non-existent

>> No.28029504

>>28029194
we repeatedly told you not to do it if you're playing with a small stack.

>> No.28029585

>>28029194
How big is your link stack?

>> No.28029708
File: 670 KB, 1624x1585, 1534928583658-05.jpg [View same] [iqdb] [saucenao] [google]
28029708

>>28025747
>he doesn't know
KEK. Fucking newfags. The woman who made this coin unironically fled to Israel after exit scamming.

>> No.28029784

>>28029585
190
my eth stack is much bigger though, I play it safe

>> No.28029844

Is 2k bnt enough for staking?

>> No.28029867

>>28028673
There have been discussions in the Bancor groups about how to compete with uni/sushi when it comes to brand new low cap shitcoins, but as far as I’m concerned the Bancor model isn’t suited to that market. Bancor should just aim for super deep pools of blue chips, let the other AMMs do micro shitcoins.

>> No.28029933

Is around 850 bnt enough for staking for 100 days?

>> No.28030054

>>28029194
How much ETH did you stake?

>> No.28030120

>>28029933
I might up it to around 1100, would either amount be alright?

>> No.28030264

>>28030120
Alright for what? What the fuck are these questions? You can literally do napkin math and figure out exactly how much you will stake and how much you will earn, and whether that’s worth it for you. How do you need our input?

>> No.28030622

>>28029867
Absolutely agree with you, while there is obviously a market for low cap shitcoins, large volume is where the real money is, and that only happens for high cap projects.

>> No.28030746

>>28030264
Mine are stuck on coinbase for now so I can’t check the gas. I’d rather move them all at the same time if I up my stack

>> No.28030885

>>28030054
16

>> No.28031935

Wai wai wait. Bancor really is unstoppable? That wasn't just another silly 2017 meme?

>> No.28032078

>>28031935
2017 was just the wrong end of the J-curve

>> No.28032376

Most undervalued bluechip DeFi atm

>> No.28032530

>>28025747
Almost tempted to swap all my shitcoins into bnt but endless tempering by rugpulls has made my hands neutronium.