BNT // Bancor General: Uniflop Edition

[Anonymous No.28338379]

Brainlet explanation:

https://twitter.com/DeFiFrog/status/1359268916799840256

Big brain explanation:
https://www.youtube.com/watch?v=SbUqcbNqQ-Y [Embed]
#1 IL protection. Not as impactful during a bull market but larger stacks looking generate revenue from providing liquidity will obviously want IL protection when things settle down or go south for a while.

#2 Single sided staking. Wanna stay all-in on your token of choice and still provide liquidity? Bancor is your guy.

#3 Vortex. You get vBNT from staking your BNT that you can swap for different coins if you think they will outperform BNT, then swap a portion of the tokens back to vBNT to unlock your BNT stake when you want to.

#4 Massive growth in TVL, #1 pool for locked Chainlink. Marketcap hasn't gone up proportionately. Sitting around 350m while competitors with inferior tech and higher swap fees sit at 10-20x that.

#5 Working demo on arbitrum testnet with 50x lower gas/swap fees.

#6 EOS bridge up and running, actively building a Polkadot bridge

#7 Sweet sweet passive income with insane APY% (for now). Tons of linkwhales chilling in LPs.

[Anonymous No.28338498]

seriously can we get some like. decent memes going for bancor the only good one is the one with the jew and pepe in the lambo

[Anonymous No.28338724]

>>28338379
unironically I’m thinking of putting my linkies in

[Anonymous No.28338794]

>>28338724
a good idea if you like making money

[Anonymous No.28339270]

>>28338724
im thinking of retiring this year

[Anonymous No.28339635]

uniflop seeing downtime looking pretty bullish for my Bancies

[Anonymous No.28340115]

>>28339270
yeah same, but I still want to squeeze some passive income before staking comes out

[Anonymous No.28340299]

>>28338724
its free 16% APY

[Anonymous No.28340545]

>>28340115
im planning to retire on my bancors without even factoring my lincors

[Anonymous No.28340772]

>>28338498
We don't need memes, we should rather discuss alternative or complementary strategies

>>28340299
It's definitely more right now. I'm calculating 11% on my LINK stack alone after 10 days.

[Anonymous No.28340923]

>>28340772
You can do both. Memes just make it fun.

[Anonymous No.28341372]

>>28338379

This is the most undervalued AMM in the space. I held some BNT a few months ago and came back after watching a video on the vortex and vBNT.

Yields are insane and being able to leverage vBNT is probably the most genius tokeonomics i have seen since SNX pioneered yield farming in early 2020.

I think we go easily 10 billion in this cycle. All you have to do is just sit back stake and relax guys.

Im a top 100 vBNT holder and feeling super comfy. Why just hold ETH when this has way more upside??

[Anonymous No.28341901]

>>28338379
the team literally said they won't let this pump
stay away

[Anonymous No.28342358]

>>28341901
yes anon Im sure they hate money

[Anonymous No.28343127]

>>28341901
They're Jewish wtf are you talking about

[Anonymous No.28343271]

>>28341372
>I think we go easily 10 billion in this cycle
compared to the 2017 bull run, this would be NOTHING for this kind of product
YET I learned to be careful.. but I strongly believe in this shit so let's see where this is in one year

[Anonymous No.28343582]

>>28343271

your right i shouldnt be too bullish. Gotta keep expectations in check but i figure in this bull run instead of making shit trades just stake my BNT earn nice rewards and stop stressing trying to swing.

[Anonymous No.28343674]

You need a ledger to stake?

[Anonymous No.28343757]

>>28343674
ive staked with just metamask

[Anonymous No.28343801]

>>28343757
That doesn't sound very safu

[Anonymous No.28343807]

Im considering selling all my link for bancor, anyone want to talk me out of it??

[Anonymous No.28343922]

>>28343801
it's probably not