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28277930 No.28277930 [Reply] [Original]

when will this moon ffs?

>> No.28278007

>>28277930
>up 77% from a month ago

>> No.28278013
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28278013

binance chain, so hot right now

ethereum main chain, so last summer

>> No.28278225

>>28277930
If you bought 10 days ago you would be 50% up by now

>> No.28278294

it's literally designed to snib up to $200. it's in the docs

>> No.28278299

>>28278007
in this market lol. happy that i bought a fucking pancake instead of BNT. what a shitcoin

>> No.28278422

Just buy and stake, the rewards should be enough.. most undervalued defi afm

>> No.28278568

>>28277930
$20 EOY

>> No.28278638

>>28277930
It literally won’t moon, retard, the minting and burning by the protocol puts the brakes on rapid price changes. If you’d actually DYOR you wouldn’t need me here calling you a fucking idiot.

>> No.28278704

>>28277930
in a few years time financial advisors at every retail bank will be telling their clients to stake BNT for passive growth income.

We are going to fucking make it.

>> No.28278927

>>28277930

Can I make it being a 1k stacklet?

>> No.28279644

>>28278927
no

>> No.28280789

>>28278638
I anticipate dumps when rewards are unlocked or pools end. Good I want it too dump. I'll snap up all these fucking cheap BNTs and earning more and more passive income. My bull run accumulation is over. Thanks you BNT. Seriously.

>> No.28280904

>>28278927
Actually yes you can.
Just keep accumulating your rewards. DO NOT claim or pull out your rewards, in a years time you will probably 3x'd your initial stake after hitting your 2x multiples.
So you will have 3k BNT valued at $x amount.

>> No.28280997

"It literally won’t moon, retard, the minting and burning by the protocol puts the brakes on rapid price changes. If you’d actually DYOR you wouldn’t need me here calling you a fucking idiot."

Can someone confirm this?

>> No.28281086

>>28280789
>I anticipate dumps when rewards are unlocked or pools end
First round of lm rewards was 85% restaked and the price rose. And that was the “worst” unlocking because it was all simultaneous. I wouldn’t get your hopes up.

>> No.28281215

>>28280997
yes

>> No.28281229

>>28280904
so 2x multipliers go in effect after being in a pool for 30 days, correct?

if the pool ends before 30 days but is then reinstated, do we need to restake or has that been automatic in the past?

>> No.28281233

It will, all in prep for one giant rugpull of everyone's liquidity into Telaviv while bagholders are left with 90% dropped off BNT shittokens

>> No.28281313

>>28278704
this

>>28280789
the BNT system is literally designed to only go up. good luck waiting for the dip like how you waited for AAVE and AVAX to dip

>> No.28281687

"I want to clear this up - because people often think BNT price is being manipulated or something.

The way AMM pools work - when an asset is rising fast, the pools are selling the asset. Meaning when there is a big pump, the pools are selling BNT and dampening the spikes. No one is selling against big pumps except for the pools.

This means that when BNT rises it does so steadily - rather than having quick erratic pumps (which are actually not great for the protocol and its pools).

The byproduct of this is it shakes out the moonboys out pretty fast, while the long-term holders stick around for the steady gains.

And keep in mind, the pools have the opposite effect, if BNT is ever being dumped the pools are naturally buying BNT, making the token resilient to large dumps by increasing buying pressure."

>> No.28282173
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28282173

>>28281687

>> No.28282286

>>28282173
Pretty bearish.

>> No.28282409

>>28281687
>>28282173
wtf, so after they sell the bnt, what do they do with the money?

>> No.28282443

>>28282409
they buy the mass dumps, hence the stable snib UP

>> No.28282474

>>28282409
They buy LINK of course

>> No.28282507

>>28281229
Pool rewards will be reinstated.
IL protection is voted on. I'm almost certain the next round has passed. You may have to restake., but I'm not certain, and I would also expect the chance to just stay in the same pool w/o restaking
>>28281313
Already own faggot. Top 150 holders of BNT
I want more.

>> No.28282564

>>28282409
Have you even done the most basic research into “protocol BNT” or are you just throwing money around like a hopeless retard, hoping you’ll win the lottery?

>> No.28282929

>>28282286
+1

>> No.28283265

>>28282564
why would you want to invest in a coin that cannot pump?? makes no sense?

>> No.28283293

>>28283265
its the same as investing in LINK

>> No.28283365

>>28283293
How is it the same? LINK tokens arent being to minted when the price rises.....

>> No.28283517

>>28283265
When you’re not a complete poorfag you look for legit projects with steady growth, not overnight pnds where you go to bed rich and wake up broke. Bancor is legit as fuck and pays out huge rewards which then grow steadily with time. It’s a whales wet dream.

>> No.28283541

>>28283265
you're too poor for this coin if you need it to pump to make it

>> No.28283669

>>28283517
>>28283541

sure steady growth is nice, but you guys should realize we are nearby the top of this bullcycle (even celebrities are tweeting about crypto). So there's no time for steady growth because inside a few months everything will get rekted.

>> No.28283691

I'm trying to accoomulate to stake BNT. What's an amount worth staking right now given the gas fees? Currently only sitting on 500. Another question, can you add more BNT to a pool that you've already staked?

>> No.28283999

>>28283517
that's a fucking meme
You literally have only a few months every 4 years where things can go x100 and they fuck it up on purpose

>> No.28284205

>>28283999
This! We the fck would you invest in a coin that doesn't pump because the team prevents it with their stupid mechanism in the middle of a parabolic bullmarket??

>> No.28284493

>>28284205
>>28283999

Damn I might pull out the 2k i put in to this then desu and just reinvest maybe in a few years

>> No.28284679

>>28284493
How about you reinvest it in a coin that can pump without the team dumping their BNT tokens on your ass lol

>> No.28284759

>>28283365
no difference than a giant surplus out there that's been dumped by the million on the daily.

if you want to talk about the supply meme, look at ETH. that shit has gone more than 10x since last year

>> No.28284858

>>28284759
Yeah but if the demand there is significant higher than the surplus being dumped, the price will still pump. With BNT on the other hand, if the demand increases significantly, an even bigger portion of BNT will be minted. As many as needed to stabilize the price.....

>> No.28285036

>>28284858
That’s not how it works at all you fucking dumbass holy shit

>> No.28285052

>>28281086
this

>> No.28285053

>>28283999
>>28284205
>t. lunch money portfolios that can afford to buy and sell into shitcoins without accounting for half their daily volume

>> No.28285081

>>28285036
lol

>> No.28285125

>>28281233
strongest fud so far

>> No.28285180

>>28285036
>
Maybe you should scroll up, the team just confirmed that. Or can you prove otherwise?

>> No.28285278

>>28285180
The price has gone up from $0.50 it can still go up and down it is just moderated by the protocol,

>> No.28285319

Yes. 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.

>> No.28285429

>>28277930
Fucking piece of shit

>> No.28285431

>>28285319
t. Gets dumped on by the team

>> No.28285489

>>28285431
it's ok to miss out once in a while

>> No.28286160

>>28285489
Where is the counter argument for the unlimited BNT minting???

>> No.28286833

>>28286160
Risen 50+% in a month. With steady growth.

Proof will be after this bull run it doesnt crash and burn as much as rest of the market.

>> No.28286949

>>28277930
Just bought 10k so should be sometime soon here

>> No.28287498

>>28286833
define steady growth. It just pumped so dont call that "steady growth"

>> No.28288721

Is it undervalued? Or just a pajeet shitcoin

>> No.28288784

>>28286160
It can literally explode.
The protocol won't keep it back if the TVL is getting bigger and bigger.
Also if more is taken out of circulation like is being done now with staking and with the upcoming Vortex addition, it will obviously increase the price also.

>> No.28289538

>>28288721
>https://defipulse.com/bancor
100 million liquidity in a week, 40 million last day. You tell me anon