/bnt/ Bancor General - VBNT Whitelist edition

[Anonymous No.28799250]

Brainlet explanation:
https://twitter.com/DeFiFrog/status/1359268916799840256
>100% impermanent loss protection after staking for 100 days.
>Great yields, great volume, TVL on platform is steadily climbing. 100m in January 2021, 550m now.
>Team are true OG status, invented the protocols that AMM like Uniswap use
>token itself sitting at 450m marketcap vs >3b for it's competitors
>L2 based on Arbitrum coming; testnet since early January. Front-end interface for test net was just released. 50x reduction in gas fees as soon as it's out.
>limit orders and general UI update coming very soon
>Bancor Vortex being rolled out as we speak gives Bancor Aave-like functionality: you basically get a token to spend on other shitcoins or restake for your collateral in BNT
>favored staking platform of huge Link whales. Bancor has the most Link liquidity out of any dex.
>Atomic LP swaps from/to other pools coming
>Polkdadot bridge coming
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 500m while competitors with inferior tech and higher swap fees sit at 10x 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.28800053]

>>28799250
Don't forget to vote for the VBNT whitelist proposal. We just need another 20% for the Quorum to be reached!

> https://app.bancor.network/eth/vote/

[Anonymous No.28800269]

>>28799250
Don't forget to adjust your filters to see the General.

>And yes this is a shameless bump

[Anonymous No.28800433]

>>28799250
This is pretty much a guaranteed x5 at this point.
Also really interested in that secret pool design they're kicking up.
Anyone here have an idea what that could be?

[Anonymous No.28801089]

>>28799250
is it possible for this to be worth $20?