/bnt/ Bancor general - 500 mil liqudity edition

[Anonymous No.28455250]

So we're almost at 500 million of TVL.
Also, they just unlocked the caps on some pairings, allowing for much more TKN to be staked in the pools.

Vortex is coming in a few days, making the BNT protocol burn much more excessively.

We'll hit 5$ next week, guaranteed. Screencap this.

[Anonymous No.28455477]

>>28455250
>Vortex is coming in a few days, making the BNT protocol burn much more excessively.
If I were a normie I would blow my brains out from a psychotic break with reality thinking I'm dreaming

[Anonymous No.28455676]

I keep putting what little money I can into this and Algorand but I am not sure what is the better long term move

[Anonymous No.28455809]

Thanks to the bancor bro anons who talked this up this week. I remember people talking about bancor over a year ago but had no idea how comfy it is.

Also, GREAT fucking news about the LINK cap being lifted. Just aped in with 2000 more from my link stack and feeling max comfy.

Feeling that WAGMI for real with Bancor.

[Anonymous No.28455880]

>>28455250
I hold Bancor.

[Anonymous No.28455908]

There's room for 160,000 LINK on the network right now!! Linkmarines join up

[Anonymous No.28456016]

If the token prices rises my rewards shrink?

[Anonymous No.28456137]

>>28455908
>There's room for 160,000 LINK on the network right now!! Linkmarines join up

Noob question for bancor bro anons -- how much of link stack should I put in to bancor?

Currently have about 20K total link stack, and just now upped staking on bancor so now have 5K of my total 20K stack.

Bancor seems great but can't tell whether I am risking too much by putting more on?

Thanks again to Bancor anons who are among the most helpful on Biz

[Anonymous No.28456395]

>>28455250
>https://mobile.twitter.com/Bancor/status/1359984592015523842
Volume and fees increasing as well

[Anonymous No.28456424]

I wanted to buy around $2 but didn't have any money. Still don't have much but is it still worth it to jump in? I need something that's going to moon to make my poorfag $$ worth something

[Anonymous No.28456454]

>>28456395

link doesnt work

[Anonymous No.28456508]

>>28456454
>https://mobile.twitter.com/Bancor/status/1359984592015523842

take out the > silly

[Anonymous No.28456563]

why bancor over lets say 1inch? way better rates there

[Anonymous No.28456838]

>>28456563
Makes no difference, 1inch often routes through Bancor.

[Anonymous No.28456927]

>>28456563
better rewards than the multiplier system Bancor has going on right now? Honest question, i'd like to know whats good

Also a valid solution to impermanent loss + Vortex

https://www.youtube.com/watch?v=SbUqcbNqQ-Y

[Anonymous No.28457245]

>>28456424
its still a steal at this price

[Anonymous No.28457401]

>>28457245
is 5k bnt enough to make it?

[Anonymous No.28457465]

how much is gas fee to stake right now?

[Anonymous No.28457696]

>>28456016
Can anyone address this? I get that LM rewards are paid based on fiat value of my deposits, and the amount of BNT received depends on the price of BNT. But when the price increases do I keep the number of BNT tokens already earned or does it rebase existing unclaimed rewards according to new price of BNT?

[Anonymous No.28457969]

OK, just took out a loan on my LINK to buy 10k BNT. Should I pick the pool with the highest reward % or... ? And I'm also considering staking some LINK now that it's open, however the 17.4% seems to be about to same amount that I could borrow against LINK on AAVE (I made loan 6k LINK @ 25% for 30k$... which is really close to 17.4% of 6k LINK) Are those payouts about equal or did I math wrong?

[Anonymous No.28458822]

>>28457696
>But when the price increases do I keep the number of BNT tokens already earned or does it rebase existing unclaimed rewards according to new price of BNT?

Still learning about Bancor and not an expert but what I can tell you is that when you stake, the rewards show up as the number of BNT you have earned and then in parentheses it gives an estimated USD amount.

IOW I am almost positive that the rewards are paid out in BNT, and so if price of BNT rises (or falls) then it does NOT rebase the reward.

[Anonymous No.28459076]

>>28456137
Anybody have an answer to this? There's still enough space for me to put the rest of my stack in.

[Anonymous No.28459468]

>>28457696
I'm pretty sure the rewards you already have never rebase

[Anonymous No.28459845]

>>28459076
>>28456137
Bancor 100% protects you from impermanent loss after 100 days. IIRC it starts at 30% for 30 days and then 1% per day afterwards

[Anonymous No.28460284]

Why stake BNT on the AAVE/BNT pair for 77% rewards when you can stake BNT on USDT/BNT for 125%?

[Anonymous No.28460360]

>>28459845
>Bancor 100% protects you from impermanent loss after 100 days. IIRC it starts at 30% for 30 days and then 1% per day afterwards

thanks bancor anon. I guess my question is, is there some OTHER risk that I'm not thinking of?

[Anonymous No.28460475]

>>28460284
The rewards in the smaller pools fluctuate a lot, earlier AAVE/BNT was really high

idk maybe some people like that particular token and want to stake it

[Anonymous No.28460531]

>>28460360
The only other risk afaik is a hack / platform failure. Basically impossible?

[Anonymous No.28460671]

>>28460284
the Aave pool has guaranteed 71 days of rewards program remaining, while USDT has only 21 days remaining. Whenever important pools get near the end of eligibility someone proposes an extension, but there's no guarantee it will pass. Some anon the other day mentioned rumors that stablecoin pools may be under increased scrutiny for renewal since the cost of IL insurance for those pools is almost guaranteed to be high.

[Anonymous No.28460698]

>>28455908
ummm unless I'm seeing a bug, it now says only .77 LINK available to stake
>BULLISH

[Anonymous No.28460806]

>>28460698
I pulled LINK out of aave to stake them and I couldnt get them in on time

[Anonymous No.28460860]

>>28457969
Stake link on Bancor over AAVE. If link continues to rise you won't have impermanent loss....

[Anonymous No.28460949]

>>28460698
>ummm unless I'm seeing a bug, it now says only .77 LINK available to stake

yeah, looks like a lot of folks (myself included) were eager to throw more link in the pot.

From what I can tell from reading the proposal (which passed today) they are going to continue regularly increasing the space for LINK (and other tokens) over the coming weeks. But I have no idea on what schedule.

[Anonymous No.28461146]

>>28460949
Where did you see that proposal, and if they were to release a schedule, do you know where I could look to find it?

[Anonymous No.28461157]

Dumb question, but what's the minimum dollar amount of a crypto that's worth staking? Heard this isn't for poorfags

[Anonymous No.28461193]

>>28460671
thanks for the info, huge. between the non-stable pools of LINK 100% (3x liquidity of WBTC) and WBTC 115%, which rate would likely be higher after the reset in 26days?

[Anonymous No.28461201]

>>28460698
The spots go very very fast, BNT is on the radar of major (LINK) whales and has been for awhile. Probably the best kept secret in DeFi atm.

[Anonymous No.28461243]

>>28461146
>Where did you see that proposal

https://gov.bancor.network/t/protocol-co-investment-caps-increase/485

[Anonymous No.28461262]

>>28460949
>>28461146
I think it said they'd re-open in intervals *no less than every 5 days* but nothing specific beyond that

[Anonymous No.28461392]

>>28455250
Easiest 10x you'll ever make.
It's basically being part of the elite.
You ever wondered what life would be like if you were born a rich Jewish trust fund kid? Stake BNT and you'll know.

[Anonymous No.28461417]

>>28461157
Well with gas being +$100 of eth it needs to be enough where the rewards/fees will cover that cost. If you are staking BNT I found the point where it becomes a win is $1100. Will vary by apy for each pool.

[Anonymous No.28461474]

>>28461146
>Where did you see that proposal,

You can see the open proposals by clicking on the "vote" button over on the left side of the interface. They have a "countdown" for each proposal showing when voting closes and the results of the voting so far.

Then if you click the "governance" button (which is right above the "vote" button) on the left side, you can see all the proposals that have passed.

[Anonymous No.28461491]

Thanks for the bnt pill lads this thing is print a dollar in rewards every 10 minutes for me

[Anonymous No.28461493]

>>28461417
That doesn't sound too bad, thanks for the info

[Anonymous No.28461736]

>>28461491
It's like flipping burgers at McDonalds.
24 hours a day.
7 days a week.
365 days a year.
Without ever setting foot in a McDonalds.
Or lifting a finger.

[Anonymous No.28461757]

>>28461392
again with bancor shill thread friends? stay very very far from this token if you dont want to lose funds
uniswap prove that bancor token not needed for dex to function
u will lose money on this scam if you deposit ur funds
i dont have a single advice for you retards if you buy this

[Anonymous No.28461990]

>>28461757
>uniswap
Enjoy your new growth lead fag.

[Anonymous No.28462089]

>>28461757
>single sided staking
if you don't want the bancies you don't need the bancies

[Anonymous No.28462175]

>>28461757
this anon is right, stay away so i can accoomulate and stake more, i dont get paid for a bit

[Anonymous No.28462208]

>>28461990
What an evil bitch, have $1k sitting to throw in something and it was topping off my BNT or UNI stack. Going BNT and probably dumping all UNI. Thank you anon

[Anonymous No.28462303]

>>28461990
>Womxn
Is this a thing now? Also how can I profit from this

[Anonymous No.28462396]

Odds we see a <$3 dip?

[Anonymous No.28462482]

Wait is it just me or does Bancor Vortex basically give Bancor Aave-esque functionality? vBNT is basically a loan against your staked BNT (collateral). What am I missing? Isn't this huge?

[Anonymous No.28462592]

>>28462396
Low unless BTC/ETH shit the bed.
>>28462482
>What am I missing? Isn't this huge?
You aren't missing anything. Yes it is.
https://www.youtube.com/watch?v=SbUqcbNqQ-Y

[Anonymous No.28462645]

If I buy this shit with uniswap into my metamask, can I just go to stake it and get good returns without any further bullshit? I’m happy to pay gas, I just want to know how long it’ll be locked up for, how much I’ll earn, and if it wants me to stake something alongside it (like how the UNN geyser wanted me to give it an equal amount of ETH as the UNN I was putting in)

[Anonymous No.28462704]

>>28461757
Thanks just bought 5000 more

[Anonymous No.28462720]

>>28462303
profit from womxn? Idk take one of those face generators and photoshop blue hair on it and start a go fund me for trans something whatever

[Anonymous No.28462831]

>>28461757
Tell me more about Dexg.

[Anonymous No.28462835]

>>28462645
single sided staking, so you just put it however much you want of one token. for full protection against impermanent loss you'll need your token in a pool for 100 days. First 30 days are 30% protected, 1% up per day from there. Rewards multipliers are a thing right now, up to 2x rewards on your...fourth or fifth week, i forget lol

[Anonymous No.28462846]

>>28462482
its aave-esque except if people don't pay back the leveraged bet then the BNT is locked as permanent liquidity.
on aave, if you fail to repay your leveraged bet then someone will take your money from you

on bancor, your money is donated to the total liquidity of the entire protocol. its pretty fucking cool

[Anonymous No.28462928]

>>28461491
How much do you have on there?

[Anonymous No.28462959]

>>28462846
That...is so fucking cool. Am I right in thinking that if you manage to get your vBNT back, say by trading something else etc etc, you can't then have your BNT stake back as well?

[Anonymous No.28463107]

>>28462959
no, that would be incorrect. if you sell your vBNT for BNT and then go and fuck around with shitcoins and end up losing that money
you can then go and buy an equivalent amount of vBNT to unlock your staked BNT

the vBNT acts as a key, if you lose that key, you cant unlock. if you go and buy it back after losing your ass on some pump and dump then you can unlock your locked BNT

but that of course requires going in and buying another load of vBNT, which may or may not be more expensive depending on how BNT moved during your gambles

[Anonymous No.28463151]

>>28462846
It's basically like having a soft-burn, much like BTC has millions of coins in lost and unclaimed wallets. The vortex will gobble up all the orphaned tokens and spit out stability and rewards for banciechads.
>>28462959
The protocol doesn't care what you do or how you do it, if you have enough vBNT to unlock your BNT stake then it's all yours. You can steal it from homeless children in mumbai if you wanted. If you swap your vBNT for ETH and then fuck off from bancor forever because you like your ETH, your staked bancies that were covered with your now-swapped vBNT are locked in the pool until the heat death of the universe.

[Anonymous No.28463181]

>>28462959
that's right babe

i wish i had enough money to throw into this to make it because it is going to make so fucking much right now

[Anonymous No.28463225]

>>28461990
literally just swapped my UNI for Bancor, thanks anon

[Anonymous No.28463337]

>>28456137
How much was gas?

[Anonymous No.28463379]

>>28463151
>>28463181
>>28463107
but lads, isn't that awesome? instead of getting liquidated fully like you would on say Aave, you can potentially get your stake back with another play. That's genius. I bought 50k BNT earlier, probably gonna buy another 50k in a bit.

[Anonymous No.28463498]

[Anonymous No.28463574]

>>28463379
it is indeed pretty awesome anon
if anyone gives a fuck, here are my liquidity mining rewards alone after about 110 days of staking 400 LINK / 4500 BNT

[Anonymous No.28463584]

>>28462835
Of one token? So wait, if I buy 1 ETH worth of BNT, do I need an extra 1 ETH (or some other token it supports) to stake it and get my bonus BNT?

And do I need to fuck around by visiting some site weekly, etc etc? I have no idea what all that impermanent loss shit means either

[Anonymous No.28463656]

>>28463574
also note that liquidity mining wasn't live for the first bit of this stake, it only came into effect a little over a month ago i believe

[Anonymous No.28463736]

bancor chads please share link whale addresses

[Anonymous No.28463770]

>>28463584
if you buy 1 eth worth of BNT you can stake that BNT in any pool immediately, no other tokens needed
once staked, you dont need to visit the site weekly or anything. you can monitor your gains if youd like but you can just let it ride and come back in a year too

[Anonymous No.28463792]

HOW MUCH WILL I SPEND IN GAS TRANSFERING MY BNT TO BANCOR RIGHT NOW?

[Anonymous No.28463811]

>>28463574
That's all on the LINK pool right? What was the highest LINK & BNT reward percentages?

[Anonymous No.28463834]

>>28463498
>
based

[Anonymous No.28463862]

>>28463337
I tried twice to put LINK in
First transaction, gas was around $250, which sucks but oh well
Second transaction, was more like 2.5K and I noped out of there and cancelled it.

[Anonymous No.28463884]

>>28463584
You can stake either the 1 ETH as it is, or you can stake however many BNT tokens that 1 ETH buys you. You will get better rates staking BNT because it's the native token, but if you believe ETH or LINK will moon harder than BNT, you might want to hold onto those instead and stake them for lesser rewards while still being safu.

Impermanent loss occurs when one of the tokens moons hard while the other stays stable. Due to the way pools normally work, you'll take a hit because you need to cover two tokens in a normal pool. You would have made more money if you held onto a mooning token in your cold storage instead of pooling it which is obviously a shit deal and a reason why many whales are still skittish as fuck to stake even if you have a secure contract. Bancor solves this by making sure you are 100% covered against impermanent loss if you stake for 100+ days.

[Anonymous No.28463895]

>>28463792
You mean to actually do the stake? Around $200

You don't need to transfer the tokens themselves, just have them in your metamask, it's all integrated.

[Anonymous No.28463926]

>>28463862
For how many stinkies?

[Anonymous No.28463929]

>>28463792
i spent about 220 a few days ago putting BNT into the AAVE pool lol.

[Anonymous No.28463942]

>>28463811
In the beginning they were ridiculous, like 200-300% on the BNT side and 70%+ on the LINK side
my rewards from fees are a lot less impressive, but i'm protected against impermanent loss and this is an extremely small portion of my LINK stack so im not too bothered

[Anonymous No.28464061]

>>28463656
it didn't show on the dashboard but you have been getting rewards for those 110 days. the rewards just unlocked for claim about two weeks ago

[Anonymous No.28464064]

>>28463574
Based as fuck.

[Anonymous No.28464178]

>>28464061
i believe the LM rewards go for 12 weeks, so 84 days total
there are 26-27 days remaining on the LINK pool so these are rewards after 54 days of liquidity mining

[Anonymous No.28464274]

>>28463498
based bnt holders.
>muh linkies are afraid of us
We are not.

[Anonymous No.28464391]

I wish I would've found this sooner.

Pic related is 2 days worth...

[Anonymous No.28464397]

What's the best pool to stake just BNT? Are certain pools more likely to extend rewards?

[Anonymous No.28464434]

>>28463929
why did you choose to put BNT into the AAVE pool? Seeing as it's the lowest current reward %? Do you think the rewards on the others will fall below it in 26 days when they reset?

[Anonymous No.28464455]

>>28463770
>>28463884
Thanks pals

What should I do if I believe BNT will be worth more, want to maximize my gains from whatever high staking bonuses are available to me and come back to it in 100 days+?

I don’t want to have to think about the risk of one token mooning while the other doesn’t. I just want to invest in BNT while getting the most passive income from it as possible. Sounds like the answer is buy BNT, and.. stake it on app.bancor.network somewhere?

[Anonymous No.28464487]

>>28463770
Correct. However, you may want to restake your gains after 3 or 6 months to get some sweet compounding. I restaked all of mine straight after the first 100 days. Got in at 20M TVL with 16k BNT and 8.5k Link. Now staking 50k BNT. Yes, really.

[Anonymous No.28464641]

>>28464391
If it moons, we make it. If it crabs, we make it next year by compounding. If it dumps, we buy more.
Haven't felt this comfy since early LINK days.
>>28464455
Yeah fren just buy BNT and stake it in a pool you like. LINK is a sure bet since it's a mega-pool and the marines have your back, no way will they give up stinky gains on BNT when sergay betray steaking. Guaranteed to be voted as liquidity mining pool for the entire duration of the period. Check back in ever couple months like >>28464487
says to restake or claim your BNT rewards, compounding is extra gains after all.

[Anonymous No.28464657]

>>28464455
BNT worth more? Try ETH/BNT or WBTC. As far as moving stakes around, it has to be cheap enough (remember, its 2 transactions both of which cost a shitload of gas) and a 24 hour waiting period...I would say not worth moving it around until Arbitrum.

[Anonymous No.28464703]

>>28464397
if you want to wait a little bit for the next set of liquidity mining pools to drop and just let BNT sit there for the full 84 days - they will be putting UNI and GRT to a vote for LM rewards soon(ish)

[Anonymous No.28464884]

When or how do I restart my rewards for the multiplier?

[Anonymous No.28464914]

>>28464703
The irony of UNI having to come to BNT for LM is a fucking hoot.

[Anonymous No.28465282]

>>28464641
>https://chainbulletin.com/bancor-community-votes-to-extend-liquidity-mining-for-existing-programs/
how does this effect the LM? WTF other solution are they working on?

[Anonymous No.28465392]

>>28455250
How’s the rewards for link? Anyone doing it? Too scared of losing my links

[Anonymous No.28465600]

>>28465282
i can confirm that whatever this is talking about is not exclusively referencing the vBNT/BNT vortex idea
its something else

[Anonymous No.28465605]

>>28463498
Exprain preazze to brainrett, what be AP13?? Rank you.

[Anonymous No.28466291]

>>28465282
I have no idea what else they're working on but I know better UI is in the works, along with limit orders. If it's anything as based as Vortex we'll all be getting a space-yacht.
>>28465605
Fake chainlink from what I gather.
BNT whale said no and AP trannies got told to dilate, pretty baste.

[Anonymous No.28466459]

>>28464914
Bancor invented the protocol that UNI uses for it's exchange.

[Anonymous No.28466916]

>>28464434
didnt want to gamble on whether rewards would be extended for the other ones. probably dumb but im not spending another 200 to move into another pool now

[Anonymous No.28466987]

>>28466916
Don't worry about it anon, AAVE is very solid. It'll probably even out to around 100% like most of the other pools, given a while.
We're gonna make it.

[Anonymous No.28467119]

the higher percentage rewards on BNT over the pair in the pool means it's better to stake BNT right? Seems obvious I just want to make sure I'm not missing something.

[Anonymous No.28467243]

>>28467119
yea liquidity mining rewards are not 50/50 between BNT/TKN. i forget the exact ratios and im too lazy to google it but it is weighted towards BNT stakers

[Anonymous No.28467659]

>>28467119
Yes, unless you wish to remain in your token of choice and still make a return on it. I know that's the case for many linkies for example.

[Anonymous No.28467941]

>>28456395
goddamn just compare it to uni and your head explodes
we're going to be stupidly rich

[Anonymous No.28468115]

>>28461491
you love to see it

[Anonymous No.28468191]

Is 928 BNT worth staking bros ;___;

[Anonymous No.28468294]

>>28468191
Once Arbitrum goes live, if you can hold for a year+, or if fees drop substantially for some other reason, yeah. Otherwise, no.

[Anonymous No.28468629]

>>28467243
70/30.

[Anonymous No.28469031]

what if i dont have enough eth to withdraw my coins from staking?

[Anonymous No.28469174]

>>28469031
You buy more

[Anonymous No.28469190]

>>28469031
if swinging $200 for gas is going to be an issue, you probably don't have enough BNT to make it worthwhile to stake in the first place anon
not trying to be a dick, for some stacks its simply not worth staking because of gas bullshit

[Anonymous No.28469322]

>>28455250
HOW THE FUCK AM I MEANT TO STAKE THIS FUCKING GARBAGE WHEN THE GAS FEES ARE SO FUCKING RIDICULOUS

[Anonymous No.28469328]

>>28464391
holy fuck nice

[Anonymous No.28469449]

OOOOOOOOOOOOOOOOO

[Anonymous No.28469525]

500m liquidity reached! How long do you guys think 1B will take from here?

[Anonymous No.28469542]

When vortex comes online, is there any downside of adding my vBNT to the pool? Will I just be double dipping as an LP? Wasn't going to use the token anyway

[Anonymous No.28469671]

>>28461736
based and bigmac-pilled

[Anonymous No.28469702]

>>28469542
I don't think vBNT will have actual reward pools that rival BNT pools. Someone correct me if I'm wrong

[Anonymous No.28469738]

>>28462928
~100k, aped into a few different pools. didnt give it much thought

[Anonymous No.28469740]

Wow this is legit. Swapped my free UNI for sweet passive yielding BNTies. Am I missing something? no other Dex is even close to Bancor right now. I smell a flipinng soon

[Anonymous No.28469757]

>>28469525
1-2 weeks.
>>28469542
This is what I'd like to know too. Presumably the curve is going to throttle how often you can do this because eventually you will just be losing vBNT value every transaction, thus never having enough "keys" to unlock those stakes - but so long as the ratio is close to 1, you could leverage up the ass and those tokens would keep mining liquidity and rewards for you until you finally scrape together enough vBNT to unstake them.

[Anonymous No.28469816]

>>28469190
im staking 1k link and 1.7k bancor, it never crossed my mind that i'd have to pay gas fee to withdraw my coins.

[Anonymous No.28469883]

wont pool rewards decrease as more liquidity is added? aren't we better off keeping this Lowkey as long as possible?

[Anonymous No.28469893]

staked maybe an hour ago
.07 in BNT rewards already
based

[Anonymous No.28469959]

>>28461757
heres some advice faggot, learn english then drown yourself in the ganges

[Anonymous No.28469999]

>>28469322

A L2 solution is on the way for lower gas fees, but yea Bancor is Chad premium staking right now. Sry anon

[Anonymous No.28470106]

>>28461757
fuck off ranjeet, go sniff masala

[Anonymous No.28470136]

>>28469322

how bout stop being poor

[Anonymous No.28470215]

>>28469740
Hello, based department?
>>28469883
Not really. Price of BNT will go up due to more demand, even if the rewards go down. Eventually if we flip uniswap/sushiswap and become the big dog, we'll be making chad bags worth of money even without a liquidity mining incentive just off of the sheer fucking volume that being number 1 brings you in fees.

[Anonymous No.28470257]

>>28469999

[Anonymous No.28470390]

>>28469999
Checked.
Bancor confirmed for Chads.

[Anonymous No.28470506]

Has anyone looked into MFT? Rebranded to HiFi Finance today

[Anonymous No.28470802]

I don't know anything about staking but is this coin worth it just to hold? Just getting started on crypto and want some short term returns

[Anonymous No.28470869]

3k baby banclet checking in. WAGMI

[Anonymous No.28471132]

>>28470802
keep looking. this is not a short term moonshot. token is literally designed to be staked long term.

[Anonymous No.28471179]

>>28470869
Only have 1k, sucks, why did I have to buy a house this year?

[Anonymous No.28471232]

Someone posted this in another thread, thought it had some good info for noobs:

>BNT is the sleeping giant that many whales have taken a liking to.

>They basically invented AMM's (UNI). Yes, really.
>Have actual, usable impermanent loss protection. Your impermanent loss is 100% protected against after 100 days of staking.
>They have a live Arbitrum test net since January 1st.
>They are bridged with EOS and are actively working on a bridge to Polkadot
>Limit orders and UI update coming very soon
>An update just passed governance that will allow staked positions to basically be used as collateral ie Aave. Huge.
>Extremely comfy to use, it is the staking platform of choice for LINK mega whales.

[Anonymous No.28471242]

>>28463225
me too. I will post that pic on every UNI mention until that cunt loses her job

[Anonymous No.28471394]

>>28471132
Alright, thanks anon

[Anonymous No.28471456]

>>28470802

Yes. you should be accumulating BNT with all of your ability. It's the hub token of future Dex trading and it isn't even at a billion market cap yet.

[Anonymous No.28471546]

New UI update overhaul coming.
Only thing that uniswap has going for itself is MUH COLORS.

Wait until the new UI.

[Anonymous No.28471677]

>>28471132
>>28471456
Nvm, one of you is a faggot

[Anonymous No.28471827]

>>28471677
The token is designed for staking because anyone not getting staking rewards is getting inflated out. It's also not a short term moonshot because the way the protocol mints and burns BNT to stay stable means it is built for consistent steady growth instead of sudden pumps.
I own a fuckton of BNT but if you are a poorfag trying to make quick plays in a bullrun it is not a good option.

[Anonymous No.28472208]

[Anonymous No.28472354]

>>28472208
With jews....you win?

[Anonymous No.28473068]

>>28472208

[Anonymous No.28474095]

Feeling good about this bros.

[Anonymous No.28474171]

>>28469816
Its like 500 dollars kek

[Anonymous No.28474449]

>>28457401
quite possibly. when this pulls an AAVE/SNX, you'll be looking at 10x+ which is $40.

is $200k okay for you before staking rewards?

[Anonymous No.28474573]

>>28461990
bullish for BNT

[Anonymous No.28474726]

what causes the rewards to fluctuate? BNT staking in LINK pool for 100% or WBTC pool for 112%? Plz halp, can't figure out where to put or why it'll move either way

[Anonymous No.28474882]

im holding 100 links that have done nothing this whole bull run

thinking about liquidating to double my BNT stack. what do you anons think?

[Anonymous No.28474886]

>>28463574
Is there some worst case scenario here? Or is 300% APY just supposed to be normal

[Anonymous No.28475066]

I had 20k usdc staked on Bancor and had shit returns. What did I do wrong?

[Anonymous No.28475125]

>>28463884
>Just lick your tokens up and you’re good!
Why does this sound familiar?

[Anonymous No.28475191]

>>28474726
more people staking that asset in that pool = lower returns. the rewards are split between all the people staking so the more people piling into your token pair, the less you get. It's basically impossible to predict where future liquidity will be targeted.

[Anonymous No.28475331]

>>28475066
not staking it in BNT instead

[Anonymous No.28475441]

>>28475331
Usdc return was 94% before the multiplayer. It was like 6% a day wich is shit. So I put money into the wrong pool then?

[Anonymous No.28475642]

>>28464641
There has to be a downside to this

[Anonymous No.28475751]

>>28475642
Yeah getting rekt by gas fees. Getting rekt by aave interest

[Anonymous No.28475878]

>>28475441
>6% a day wich is shit
What?

[Anonymous No.28475928]

I've got 1000 BNT, but I don't have time to research the staking and keeping an eye on it. Is it worth it just to keep the token? Are there any price predictions? I'm considering dropping another 3k as the chart looks really promising.

[Anonymous No.28476057]

>>28475878
What part are you confused about?

[Anonymous No.28476202]

any idea how much in gas it would cost to stake a sui stack of link right now?

I realize theres not enough space in link right now but it fluctuates so I know I can get in eventually.

[Anonymous No.28476265]

>>28476202
It was 200$ last I fucked with it

[Anonymous No.28476284]

>>28476057
You don't get 6% roi a day on bancor and if you did that would be amazing

[Anonymous No.28476392]

Okay faggots what’s the bnt make it stack

[Anonymous No.28476515]

>>28476284
I only got 11$ for what I had staked

[Anonymous No.28476739]

>>28476515
go screenshot the info on the dashboard, your numbers don't make sense

[Anonymous No.28477040]

>>28476739
I took everything out already because I used aave to provide liquidity. It was like 3 bnt for a days worth of staking. I’ll see if I can screen crap the rewards because they are locked for 24hrs. Shits not worth it for me to risk getting liquidate with a c flash crash for 3 bnt

[Anonymous No.28477069]

>>28476392
I got 10k intending to sell at $100 but now I’m wondering if it makes sense to keep holding long term? I get the feeling that this could end up being the NYSE of crypto long term

[Anonymous No.28477112]

Thinking of going all in with 21k on BNT, is this a stupid idea?

[Anonymous No.28477198]

>>28477112
smart. just know its a long term play

[Anonymous No.28477252]

>>28477112
Well what anons are not telling you is that the only buying pressure right now is from bancor being Stingey with how much is being let into the pools. Once the open the flood gates people won’t have to buy bnt

[Anonymous No.28477481]

With Vortex, isn't everyone just going to swap their vBNT for BNT to compound their stake and rewards even further? Since vBNT is designed to generally be less than the value of BNT. Am I missing something here or is this literally more free money?

[Anonymous No.28477765]

What’s the diff between staking eth in the eth/bnt pool vs staking bnt in the eth/bnt pool?

[Anonymous No.28477857]

>>28477252
I got in the link pool right away and then came back and bought bnt because I was so impressed by the protocol. Space in the pool had nothing to do with it.

[Anonymous No.28477922]

>>28477765
ETH gets 30% bnt gets 70% rewards

[Anonymous No.28477965]

Just bought 4.4K BNT.

EOM predictions?

[Anonymous No.28477972]

>>28477922
What would be the difference staking bnt in eth pool vs link pool fren

[Anonymous No.28477989]

>>28477765
More rewards for staking bnt, 70/30 split of rewards to bnt stakers

[Anonymous No.28478162]

>>28477857
Ok staking 50 link is not the same as staking 10k plus. I originally wanted to stake link in their but their wasn’t any room too. Like you know I would have to purchase bnt tokens to make room. This is like this to boot strap bancor. It won’t always be like this. Just be aware of this

[Anonymous No.28478218]

I have 500 link and 500 bnt. Can I do double sided staking, and is it worth it?

[Anonymous No.28478614]

>>28478218
you'd need way more BNT, they have to be equal in $ value. And no it's not worth it, gas fees too high for you shorty

[Anonymous No.28478737]

>>28478614
I dig. Thanks anon.

[Anonymous No.28478869]

So is it possible to get liquidated if you have impermanent loss protection? What if you restake BNT rewards?

[Anonymous No.28479112]

>>28477965
unironically $5

[Anonymous No.28479433]

9k bnt stacklet reporting in. what is make it stack?

[Anonymous No.28480601]

>>28479433
9001 BNT

[Anonymous No.28480676]

>>28477481
You would need the vBNT back to get your stakes out, and way more of it.

[Anonymous No.28480778]

>>28478869
liquidations happen on collateralized instruments, staking is just using your own coins so...you wouldn't get liquidated but you can definitely still lose money if a coin in the pair goes down

[Anonymous No.28480814]

>>28480676
since vbnt will be burned by vortex the supply of vbnt will be lower than bnt, whic means that some bnt will be perma locked, also there will be opportunities to buy 1bnt with 1vbnt and insta stake to receive vbnt again. vortex will have a big effect on bnt price

[Anonymous No.28481029]

>>28480814
yep exactly, but you cant just infinite loop stake bnt into vbnt into more bnt etc etc

but the rest of what you said? yep

[Anonymous No.28481374]

>>28481029
yeah i imagine opportunities like this will be rare and will be snatched by bots

[Anonymous No.28481379]

So ive around 190k bnt from 2017 how do i stake them?

[Anonymous No.28481468]

>>28481379
app.bancor.network

you lucky bastard, that's like $900 a day atm

[Anonymous No.28481672]

alright BNT chads I'm completely stumped here, any random guess will make my decision easier. I've narrowed my 10k BNT stake to:

WBTC 112% + 4% @ 57m liq
REN 115% + 12% @ 10m liq

It sounds like rewards go down as total liquidity in the pool goes up, so that's why I ruled out the LINK pool. However, LINK is safe to stay in the rewarded coin pool, whereas REN maybe less likely to get renewed for the reward pool after its 43d timer expires. WBTC should get renewed I'd guess. REN has a lower liquidity, which should stay lower, and therefore hold higher ROI. WBTC is giving 2x the returns on the TKN side, 40% vs 20% for REN. Does that mean that pool is getting more rewards even at 5x the liquidity size? I've been crunching this for hours and can't get a clear view.

[Anonymous No.28481711]

>>28481468
Held this shitcoin for ages. Would have been better in btc though. Anyway ty anon will check this out

[Anonymous No.28481811]

>>28481672
WBTC, ETH, and the stablecoins are way more stable than stuff like REN, OCEAN, etc etc just because they fluctuate a lot less. I recommend one of the bigger pools like WBTC unless you have a specific attachment to one of the other pool tokens. Also the renewal point is spot on.

[Anonymous No.28482318]

>>28481711
you have a 570k$ stack that you're mad at? lmao boss mode
>>28481811
thanks brother, great point on REN and other small ones fluctuating way more, that could explain why it has lower rewards for being lower liquidity, I'll jam it in WBTC

[Anonymous No.28482398]

Bancor bros, is there any risk here? also when does the multiplier happen? It cant stay 100% apy right?

[Anonymous No.28482410]

>>28455250
just threw 5 more ETH into the ponzi.
.1 gas fee at 90 gwei fuck my ass

[Anonymous No.28482463]

>>28482410
wrong bnt.png lol

[Anonymous No.28482695]

I know the network is congested, but why are the fees so high. I got an estimate for almost $400 fee to stake $250 of BNT lol. It makes it almost not worth it because I can't stake or withdraw the BNT.

[Anonymous No.28483071]

>>28455250
DHT literally reached a key level now, soon gonna be $50M in TVL

[Anonymous No.28483184]

>>28482695

BNT isnt for poorfags. Only Chads are in this. L2 Solution coming at some point they are working on it

[Anonymous No.28483282]

So am I supposed to take a loan on my LINK, stick it in BNT and replay the loan with rewards?

[Anonymous No.28483391]

>>28483282
yeah, free money

[Anonymous No.28483741]

[Anonymous No.28483919]

>>28456137
I’m in with 52k LINK

[Anonymous No.28484230]

>>28464914
the idea of staking the free 400 to keep making even more free money is so funny
staking the shitcoin casino liquidity token on the bluechip liquidity platform

[Anonymous No.28484239]

with jews you win

[Anonymous No.28484304]

Finally got in the pool! 5k room popped up and I threw in 3.2k

[Anonymous No.28484312]

>>28482695
Eth main net is just congested right now. Like other anon said, layer 2 based on Arbitrum is coming soon. They have a working test net since early January.

[Anonymous No.28484414]

it's really interesting
LINK pushed many anons to six figure hell
bancor is the way out. will they see it?

[Anonymous No.28484475]

>>28482463
shoulda copped some more BNT, might sting when you see the reward disparity in action

[Anonymous No.28484506]

how much BNT do i need to make staking worth it?

[Anonymous No.28484565]

>>28481379
holy shit youre gonna make it lmao

[Anonymous No.28484700]

>>28484506
5k bnt

[Anonymous No.28484789]

>>28484475
am i really not gonna make much with ETH? its not giving my different APYs for each pair so i thought the rewards are the same

[Anonymous No.28484830]

>>28484700

well shit, I'd have to just about liquidate my whole portfolio to bnt to pull that off. I guess I'll keep accumulating for now. i can get to 1500 BNT tomorrow

[Anonymous No.28485320]

just paid 180$ to stake

[Anonymous No.28485338]

So is the consensus that it would be safest to stake BNT into the Eth and Link pools since they are the biggest and therefore most likely to extend their rewards? I am thinking of converting my stakes into BNT if I can get the rewards for a few months.

[Anonymous No.28485505]

>>28485338
I staked into ETH mostly because it has stable, high volume on the pair and will most likely be extended

[Anonymous No.28485741]

>>28485320

how much bnt did you stake?

[Anonymous No.28485836]

WHAT THE FUCK WAS THAT

[Anonymous No.28485885]

[Anonymous No.28486023]

>>28485338
I just went with WBTC for the extra 12% reward but who knows if that will hold
>>28485741
10k. so 0.5%. Seems like it'd be about 3.6% for your small stack. If you aren't gonna use your current stack to chase shitcoins and you just want safe solid growth, then it maybe worth it even at 3.6%, because you'll earn it back in a week or so, and by the time you want to pull it out (after 100 days) we should have arbitum for low cost txn

[Anonymous No.28486819]

>>28484830
2k is okay if you're long. even better if you can wait for arbitrum to actually stake. keep accumulating either way

[Anonymous No.28486897]

>>28484789
the rewards apy is different, it's right there, just LOOK before you invest biztard

[Anonymous No.28487661]

>>28455250
Any update on the atomic pooling? Don't want to pool bnt only to get sniped when trying with the other side of the pair.

[Anonymous No.28487743]

>>28487661
not exactly an update:
>https://twitter.com/Bancor/status/1359227933483814913?s=20

[Anonymous No.28488160]

>>28487661
pretty unlikely if you're fast... I've seen space pop up in LINK and stay there for hours, and thats the most popular snipeable one

[Anonymous No.28488168]

>>28487743
Saw that a while back, was hoping some progress had been announced since.

[Anonymous No.28488226]

>>28486819
>>28486023

thanks for the advice friends. ill make it a priority to accumulate 5k before arbitrum

[Anonymous No.28488273]

Will BNT or GRT be worth more yous think?

[Anonymous No.28488932]

>>28488273
for shitcoin flipping go with GRT. but I'd wait for a pullback, crazy run up today