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/biz/ - Business & Finance

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28456646 No.28456646 [Reply] [Original]

I have 1k on there, and there is currently space available for 160k more. Tell me why I shouldn't all in the remainder of my stack.

>> No.28456757

There's literally no reason. Bancor is the future of AMMs.

>> No.28456981

>>28456646
How much are you getting?

>> No.28457913

>>28456981
I only just got in when all that space opened up an hour ago so I can't give a good answer from my own data. It's only showing the reward from the fees which is the 3.07% APR. I still need to wait to see the reward from the weekly BNT Liquidity Mining rewards, and I need to wait even longer for the 2x multiplier. It's estimated at 16.96% for LINK.

https://app.bancor.network/eth/data

>> No.28459218

>what is risk

>> No.28459869

>>28459218
but impermanent loss

>> No.28459933
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28459933

>>28459218
You should look into Bancor my friend

>> No.28459993

that was quick.. only 13k left now

>> No.28460655

>>28456757
this anon gets it.

>> No.28460961

Well it's over, no space left. Maybe next time. Does anyone know if there's a pattern to how often that much space opens up? That was only a two hour window to get in. The most I've seen open otherwise was 600 link.

>> No.28461071

>>28460961
someone just put in a fat stack of BNT into the pool so that’s why there’re new spaces for linkies

>> No.28461095

>>28456646
God fucking damn it! Zapper's stupid fucking withdrawal function wouldn't work to remove my Link from Yearn. I had to pull it off Yearn manually and now there's no more fucking room in the bancor pool by the time I managed to get it off!

>> No.28461159

>>28460961
they will be adding up to 20m BNT more space incrementally. basically increasing the printing limits of the jew printer on specific pools (LINK included in this list)

>> No.28461244
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28461244

I literally watched the room shrink and shrink and shrink while I was trying to find a way to move my Link in time.

>> No.28461275

>>28461244
just have some patience I'm sure there will be better plattforms to stake soon enough

>> No.28461337

>>28461244
always be prepared and have patient anon, your time will come, wagmi

>> No.28461555

>>28461071
It must have been very fat to open up space for over 5 million worth of link

>>28461244
I was worried too watching it shrink with how long it took to move some of my link off binance, and some eth for those gas fees. I really don't want to touch the 10k link I have on my main ledger, since I'm waiting for official staking and whatever linkpool is supposed to be releasing before then.

>> No.28461636

>>28461337
>>28461275
Thanks, I'm just relieved I got my Link. Was scary unstaking from Yearn and trying to track down my aLink when nothing was showing on MetaMask. Found it on Aave v1.

I'll wait patiently for room in the pool.

>> No.28462013

>>28461555
Yeah, I also keep half my stack on my ledger and use the other half to yield farm/stake with. Man I was getting anxiety waiting for everything to go through. I think I'm just gonna leave my other amount of link on Yearn once I get into the bancor pool.

>> No.28462294

Do you guys know if I use Zapper to stake in the Bancor pool, will it keep my link single-sided?

It won't put 50% of my link into BNT will it?

>> No.28462943

Alright I’ll tell you guys a little trick, biz gave me enough breadcrumbs on finding legitimate projects to make money, so here’s something I might be able to do to help my fellow linkies. Here’s how I did it.

https://etherscan.io/address/0xeead394a017b8428e2d5a976a054f303f78f3c0c

This is the contract that you will be interacting with if you are staking your LINK with Bancor. Look for incoming pending transactions, you are looking for these following stuff from the input data.
_poolAnchor: 0x04d0231162b4784b706908c787ce32bd075db9b7
_reserveToken: 0x1F573D6Fb3F13d689FF844B4cE37794d79a7FF1C
_amount: devided by 10^18, and that will be the actual amount of BNT someone is dumping in to create space for the LINK side

Once you are seeing someone is doing this to create more spaces, be prepared and get your LINKs ready.

WAGMI.

>> No.28463595

>>28462943
If someone is dumping in a shit ton amount of BNT into the pool, fuck the gas fee, use the fastest tier to stake your LINK. Bancor is the comfiest place to put your LINK in at the moment, before the official staking comes out.

>> No.28464544

>>28462943
>>28463595
Thanks, this is awesome.

>> No.28465667

>>28462943
damn you dont get nuggets like this on biz often. good stuff anon. wagmi
damn the bnt vibes are just so good, I feel bad for sideliners

>> No.28466903

>>28461244
I took your spot anon. Take seat on the bench until next time ;^)