/BNT/ - BANCOR GENERAL - $1BN TVL CELEBRATION EDITION

[Anonymous No.29318412]

extremely important note:
do not disregard:
>swingies get the rope
>DYOR https://bancor.medium.com/

[Anonymous No.29318509]

>>29318412
Don't care still making 20% gains and buying back in everytime it dips.

[Anonymous No.29318596]

>>29318412
I'm selling 20% at $8, the rest at %12. EZ.

[Anonymous No.29318614]

The real pumped hasn't even started

[Anonymous No.29318740]

>>29318509
>>29318596
The nobanc cope is everything I ever wanted and more

[Anonymous No.29318898]

>>29318412
Just dropped a $10k suicide stack into BNT. am i gonna make it?

[Anonymous No.29319052]

>>29318898
unironically yes. congratulations anon. just make sure you pay attention to the advice in the OP.

[Anonymous No.29319180]

>>29318412
Do I have to restake my rewards into the pool or is it automatic?

[Anonymous No.29319241]

>>29318898
Welcome enjoy your stay

[Anonymous No.29319330]

>>29319180
You have to restake

[Anonymous No.29319333]

Ok, I guess this is a good thread to ask because there are a lot of niggas who use binance here.
I recently tried to buy some usdt with my CC but instead I bought... dollars?
I can't do anything with them. Not even withdraw.
What the hell happened?

[Anonymous No.29319361]

>>29319180
you gotta restake for now

[Anonymous No.29319379]

>>29319241
nice. what pool you in?

[Anonymous No.29319509]

TVL -> MC is a meme. Chart looks identical to badger before it got justed. Have fun staying poor

[Anonymous No.29319577]

I also have 400k GRT I'm in the process of undelegating so I can put it on Bancor as well. They've won, the market just has to figure out what we know already.

[Anonymous No.29319651]

>>29319509
Made 40k in the last 4 days thanks for ur concerns anon

[Anonymous No.29319669]

Im so fucking happy anons. I’m new to crypto. Lost my ass in the COVID shut down. Had to move back in with my parents. Have been dumping everything into this for the last couple months worrying if I was being retarded or if I was going to die a poorfag. BNT is the tunnel with a light at the end. Fuck stocks. Fuck selling weed. Fuck wage slavery. I may not make it this run but this is the first time I’ve felt like I could make it and if I do it will have all started with BNT. I want my farm and truck and out of my league made it girl. LETS GOOOO!!!

[Anonymous No.29319728]

>>29319330
>>29319361

dang...a lot of gas..

[Anonymous No.29319813]

>>29319651
not until you sold you haven't, dump incoming - have fun staying poor

[Anonymous No.29319909]

>>29319509
>>29319813
>have fun staying poor

[Anonymous No.29319957]

Airtight, someone spill the beans. What's up with YAX

[Anonymous No.29319985]

>>29319577
jesus anon. were you rich or early, or both?

[Anonymous No.29320084]

>>29319379
ETH/BNT staking stacks of both, you anon?

[Anonymous No.29320156]

>>29319813
Of course there will be a dump but it will be short and we will continue upward afterward. Nothing goes straight up.

[Anonymous No.29320210]

>>29319361
let rewards accrue and restake once arbitrum is live

[Anonymous No.29320230]

>>29319957
$30 stable coin

[Anonymous No.29320254]

tfw too poor to pool even with 95% of my wallet in BNT

[Anonymous No.29320319]

>>29319813
>dump incoming
The only dump soon to come is your ass in a barrel.

[Anonymous No.29320329]

>>29318412
I had a 10k BNT stack and dumped it after the team fucked the v2 launch

[Anonymous No.29320347]

>>29319985
Mostly early. I was staking on Bancor when we had less than $20m TVL, at one point I had 1% of all the value on Bancor ($150K with $15M TVL). Not any more, kek.

[Anonymous No.29320362]

>>29320156
whoever is buying right now is retarded and greedy. It's going to correct hard.

[Anonymous No.29320435]

>>29320329
Honestly anon I was in a very similar boat, but just got really lucky by talking on the telegram and getting into one of the private groups. When I saw how active the devs and insiders were I knew to hold, without that access I probably would've sold too.

[Anonymous No.29320584]

>>29320362
Cringe

[Anonymous No.29320666]

>>29320435
I was following the team and the project really closely, I was even in the OG BNT v2 LINK pool. After they fucked the v2 launch they went quiet for a while and dodged a lot of questions, I lost faith.

If only I had access to the private groups...

[Anonymous No.29320760]

>>29320362
dumb fucking nigger, you probably sold your uni for a ps5

[Anonymous No.29320814]

>>29320666
Checked and sorry to hear it, anon. I remember those days of immense v2 hype in June, it's been a crazy rollercoaster since then. My buy in was $1.20 and when it dumped to $0.50 one of the main reasons I didn't sell was just "what's the point"

[Anonymous No.29320902]

>>29320084
Staking link and bnt in the usdt pool. Pretty comfy

[Anonymous No.29321783]

>>29320902
does that mean you are now printing tether

[Anonymous No.29321825]

>>29320362
brainlet take anon, if you can't see the value in Bancor now then I don't know what to say except ngmi

[Anonymous No.29321872]

>>29320814
Did they ever come clean about why v2 failed?

[Anonymous No.29322016]

wheeeeeeeee

[Anonymous No.29322079]

>>29319509
Almost like TLV plays different role with DEXew than with yield farming brainlet. Stay poor and seething

[Anonymous No.29322167]

>>29320362
he doesn’t know about the dump wall

[Anonymous No.29322174]

>>29322079
cute animalcoin buyer = low iq, low test
coin that literally has bank in its name buyer = high iq, high test

[Anonymous No.29322426]

Oh no the chinks are waking up aren't they

[Anonymous No.29322444]

>>29321872
Chainlink Oracle front running I think

[Anonymous No.29322525]

>>29322167
Pass the link anon

[Anonymous No.29322603]

>>29322444
kek'd and checked

[Anonymous No.29322664]

>>29322167
I've started looking at depth charts, can you tell me what a dump wall means? i know that the green indicates the demand for buying at lower price but ihave no idea how to apply that knowledge

[Anonymous No.29322707]

>>29318412
bnt stacklets report in. 1k stacklet here

[Anonymous No.29322841]

>>29322707
1k bancies in my pocket.

[Anonymous No.29322907]

>>29322707
26.89 here
ngmi

[Anonymous No.29322965]

>>29319333
>>29320666
>>29322444
this thread is blessed

[Anonymous No.29322967]

>>29322707
173 reporting in

[Anonymous No.29322971]

>>29322603
Not kek’d, though. It was due to the fact chainlink oracles weren’t suitable to perform automatic pool balancing. They had to come in from an entirely new angle with the elastic supply model.
That’s another insanely bullish thing about the BNT team. Not many projects could have pivoted that quickly after their v2 grand plan didn’t pan out. The fact the that v2 didn’t work, then they came back a few months later with a a completely different model that did work, shows how deep their understanding of AMMs is, and how good their ability to iterate new solutions.

[Anonymous No.29323949]

It’s gonna crash ? Why ? Shan’t I see?

[Anonymous No.29324351]

someone just redeemed the first of 100 BNTEEs https://bntee.shop/

[Anonymous No.29324830]

Can someone explain to a brainlet what the difference between rewards and APR is?
If I deposit BNT into this pool what % return is it estimated I will get in a year?

[Anonymous No.29324962]

>>29322664
Small amount of sell orders and large buy wall means it’s undumpable for now. If a whale dumpA the dips will get bought up in a spit second.

[Anonymous No.29326231]

IT'S GOING DOWN

[Anonymous No.29326358]

>>29324830
apr is what youre getting on your investment from fees from people trading the pair. rewards are rewards, incentives for you to supply liquidity, if you deposit bnt into the pool you will get 88.31% return in rewards and 3.85% return on your investment in fees, which i think come in link? not sure about that.

[Anonymous No.29326396]

bnt bros.. I sold at 5.4 yesterday to put it into bnb at 339. I'm really not going to make it am I.

[Anonymous No.29326496]

>>29326231
SELL SELL SELL FUCKING SELL OR BE A BAG HOLDER

[Anonymous No.29326528]

>>29326396
i'll personally make sure you are drawn and quartered for your sins

[Anonymous No.29326559]

>>29326396
There's still time for you little one

[Anonymous No.29326604]

>>29326231
Was that the dip? I was hoping we would see $6.10 again. I tried to buy this morning and my transaction failed on 1inch. Fuckers

[Anonymous No.29326854]

>>29326604
$6.30 is probably the lowest we are going

[Anonymous No.29326943]

>>29326528
>>29326559
Yea I'm just waiting for bnb to go to 400 or something to get out, and pray bnt goes down a bit. Will get back in then.

[Anonymous No.29327167]

>>29326358
So for you get that 88% reward as soon as you stake?

[Anonymous No.29327201]

>>29320347
Damn, congrats anon. You made it/ will make it

[Anonymous No.29327275]

>>29326943
that's the exact opposite of what you should be doing but wishing you luck regardless

[Anonymous No.29327375]

>>29326358
Where does the funding for the rewards come from?

[Anonymous No.29327458]

>>29326358
Is 1500 bnt worth it if only staking bnt? Is there a specific pool I should wait for to have space?

[Anonymous No.29327471]

Why yes, I AM going to make it

[Anonymous No.29327639]

>>29326854
I think it could go to 5.80 or maybe just above 6.00

[Anonymous No.29327723]

>>29327375
liquidity mining
in order for the system to work BNT has to be 'mined' by the protocol to match single-sided deposits. that BNT that is created goes to 'liquidity providers' aka actual users who have put BNT they own into the system. if there were no liquidity providers the protocol would just hold and burn the BNT it creates. that's why this shit is literally like buying a money printer and why anons have been tellling biztards to get in for weeks, months, possibly even years

[Anonymous No.29327819]

Did Synthetix just dump their treasury into bancor? Holy based

[Anonymous No.29327905]

>>29327167
no you get 88% over the course of a year obviously
>>29327375
minting new tokens, anyone got the graph showing how rewards are outpaced by whatever
>>29327458
yeah i would say so. everyone DYOR, there are things i havent mentioned that you should know about eg:
IL protection gradually comes up to 100% after 100 days in the LP.
rewards may end at some point next year

[Anonymous No.29327909]

>>29327639
it did that last dump.... I dont think itll dump to that price this pump

[Anonymous No.29327950]

>>29326854
When is it correcting. Only keeps going up.

[Anonymous No.29328022]

>>29327909
i can see it going to 5.8 - 6, but it depends how much it pumps. it dipped all the way to 5 last dump, if it dipped to 6 this dump that would be just around previous pumps high.
>>29327819
what makes you say this?

[Anonymous No.29328029]

>>29320347
good stuff man
seethers and copers don't understand the fucking risk and gamble of a situation like that
thanks for being a backbone LP. well, I don't need to thank you, the protcol is :)
we are still early biztards. you can still pruchase your own money printer--it's just going to get more expensive, but don't get priced out, please.

[Anonymous No.29328030]

>>29327819
sauce?
>>29327950
maybe when btc crashes, probably no sooner than that. Last time it got sucked up immediately though

[Anonymous No.29328049]

>>29327950
>correction
It's still massively undervalued.

[Anonymous No.29328055]

>>29327819
Yes they fucking did.

[Anonymous No.29328072]

>>29318412
I'm about to buy into this hard, someone explain why it sucks. Want to hear bears first.

[Anonymous No.29328073]

Fuck it I’m buying now. If it goes lower oh well.

[Anonymous No.29328138]

>>29328073
Welcome, enjoy your stay. It’s gonna be a fun ride

[Anonymous No.29328165]

>>29328022
>>29328030
10.8m worth of SNX liquidity just got added.
https://twitter.com/simp2win/status/1363608188013187077?s=28

[Anonymous No.29328176]

I'm all in. Let us go

[Anonymous No.29328184]

>>29327905
thanks buddy. if I’m only staking bnt, is there any downside to being in a pool with something that dumps? Should I just pick the highest reward that’s open, even a stablecoin?

[Anonymous No.29328330]

>>29328165
Incredibly bullish

[Anonymous No.29328402]

>>29328184
im not the most knowledgable but, there wont be much downside unless rewards end sooner than expected, as long as you pool for at least 100 days you wont suffer from any impermanent loss.
im currently in the DAI pool, ill see how things go but i may be switching to link or eth at some point, do some research on how rewards are extended and which pools are most likely to have them extended.

>>29328165
great

[Anonymous No.29328408]

>>29328165
>https://twitter.com/simp2win/status/1363608188013187077?s=28
why is this bullish??

[Anonymous No.29328466]

>>29328165
the shills are strong with this one. That's the second twitter account I saw today dedicated to exclusively shilling bnt lol

[Anonymous No.29328516]

>>29327819
holy shit lol nice

[Anonymous No.29328581]

>>29328408
>why is nearly 11m being staked in a single transaction bullish
nigger really?

[Anonymous No.29328587]

I tried connecting to Bancor with ledger and it connected with another address I don't use, does anyone know how to fix that?

[Anonymous No.29328773]

>>29328581
hes dumb and poor, this is what we're surrounded by on biz

[Anonymous No.29328878]

>>29318412
5 minutes in photoshop. Thoughts?

[Anonymous No.29328963]

>>29328878
Shit forgot pic

[Anonymous No.29329010]

>>29328581
>>29328773
i am literally trying to learn, but i saw added and not staked so that's my bad dehhh

[Anonymous No.29329050]

>>29328963
Based and bancpilled

[Anonymous No.29329329]

>>29328963
based. do one where the cop is mommy galia though

[Anonymous No.29329375]

So bancor:
>is like uniswap but useful and good
>has no trannies, instead has attractive real women
>is jewish operated

1000 usd end of summer.

[Anonymous No.29329509]

lemme get this straight
>provides liquidity with similar fees to uniswap or sushiswap
>mitigates IL on volatile LP pairs
>lets you take out loans against staked capital at a lower collateralizaiton ratio than aave
>simliar yields compared to some yfi pools, especially considering the appreciation of bnt rewards
>higher TVL than yfi
>working arbitrum implementation
>only rank 88
what am i missing? i understand that mcap/tvl ratios and % yields aren't 100% correlated with price, but you'd expect it to have a little bit higher valuation given all these facts. there's got to be something wrong, what am i missing?

[Anonymous No.29329564]

>>29329329
no, the toilet guard is perfect see >>29329050
>>29328963
gj

[Anonymous No.29329640]

>>29329509
>reddit has never heard of it

[Anonymous No.29329647]

>>29329375
>>29329509

[Anonymous No.29329698]

>>29329509
It won't offer meme and scam coins

Checkmate bancorians

[Anonymous No.29329778]

>>29328963
Bullish af

[Anonymous No.29329802]

>>29329375
That's right.
>>29329509
>what am i missing?
We're in the smart money phase. Whales are moving their bags in. Clever anons are seeing the potential and even some lucky brainlets are in it for the memes, basically like 2017-2019 LINK.

[Anonymous No.29330138]

>>29329329
I have too much free time

[Anonymous No.29330242]

>>29330138
Blessed.

[Anonymous No.29330333]

>>29330138
we'll all have a lot of free time on our hands soon enough

[Anonymous No.29330422]

>>29329509
what you're missing is that all of this is coming out one after the other. Vortex was just released like last week, and the devs have more down the pipeline. It's only rank 88, last week it was in the 100s. Soon everyone will know. If you're jumping in now, you're still early.

[Anonymous No.29330425]

>>29330242
this is the meme that stopped me from buying or even thinking about bnt in 2017 kek

[Anonymous No.29330437]

>>29330138

[Anonymous No.29330501]

>>29330242
fucking kek

[Anonymous No.29330688]

>>29330425
>>29330425
now we ridin in the lambo with her. who has that pic i need it

[Anonymous No.29330718]

>>29329509
>what am i missing?
nothing

[Anonymous No.29330773]

>>29329509
> take out loans against staked tokens
What?

[Anonymous No.29330825]

>>29329509
imagine realizing this right when v2.1 launched

[Anonymous No.29330884]

>>29330773
https://docs.bancor.network/faqs#what-is-vbnt

[Anonymous No.29330895]

>>29330825
I guess it's better than not realizing it at all

[Anonymous No.29330898]

>>29330773
Vortex is basically AAVE baked into the protocol

[Anonymous No.29330900]

>>29330773
Vortex

[Anonymous No.29330988]

>>29330900
Oh nice, only against BNT and i don't have quite enough but still great feature.

[Anonymous No.29331001]

Where are the youtubers?
I'm ready for my bags to be pumped

[Anonymous No.29331080]

>>29331001
soon

[Anonymous No.29331103]

Going to be interesting to see us break our previous ATH in the next couple weeks. I suspect a pretty decent pullback from 2017 bagholders. These threads are great btw, good organic shilling

[Anonymous No.29331197]

>>29331103
People said that about loads of projects with previous 2017 ATH and i haven't once seen it bare out particularly.

[Anonymous No.29331265]

>>29330988
>only against BNT
For now. Other tokens are planned.

[Anonymous No.29331300]

>>29331197
Yeah same to be honest, but Bancor was one of those coins in 2017 that a lot of retards got burnt on. Maybe there aren’t a lot of bagholders, but its pretty significant psychological resistance imo. Hopefully BTC gets its -30% thats been due for a while and I get another chance to buy some more

[Anonymous No.29331335]

>>29330988
You might consider trading your BNT for vBNT right now (current rate: 1.5 vBNT for 1 BNT) and swapping them back sometime later since the rate will probably stabilise at 1.25 or lower.

[Anonymous No.29331378]

>>29329509
you are missing the fact that the reddit and youtube faggots havent caught on yet.

[Anonymous No.29331389]

>>29331265
If link gets it I freehand coom on the spot.

[Anonymous No.29331606]

GRT whitelisted boys

[Anonymous No.29331689]

Wait hold on so it's expected that the Sunday close in less than an hour will cause everything to plummet, however when people unstake their BNT to sell the vBNT is burned and with buying pressure reduced the ratio goes down so that even if it starts plummeting it will only mean the value of vBNT will go up at the start.

[Anonymous No.29331741]

>>29331606
between the snx dump (fillup?) and this, we're seeing a lot of action on a sunday bros
this week will be crazy

[Anonymous No.29331798]

Fellas got 16000 BNT. If I had to pay taxes, what's stopping me from taking a loan against my crypto and use staking rewards to pay it off? Was going to get in the BNT/USDC pool. Am I retarded?

[Anonymous No.29331881]

>>29331798
You buy Monero and TORN it to an "orphanage" in Vanuatu

[Anonymous No.29332039]

Should I undelegate my GRT and start staking on Bancor instead?

[Anonymous No.29332145]

I want to stake my BNT in the BNT/ETH pool. How much BNT do I need to stake in order to cover gas fees and turn 100$ per day?

[Anonymous No.29332179]

9k stacklet will i make it?

[Anonymous No.29332284]

>>29331798
Congrats. Right now, I'd probably choose wBTC/BNT.
Better rewards than the ETH and LINK pools, fees and volume also pretty high and rewards are very likely to get extended.

[Anonymous No.29332307]

>>29332039
you should sell that vaporwave
>>29332145
nigger pick another pool my rewards on that one are getting smaller every day
>>29332179
you will not rope

[Anonymous No.29332324]

>>29332039
see
>>29319577

[Anonymous No.29332369]

136b market cap puts each BNT at 1k. Just sayin

[Anonymous No.29332380]

>>29332179
Easily. My regret is having funds locked un GRT. Had I them at correct time I could've already made it.
Either massive leg up in GRT or slow price imcrease in BNT and I am good anyways.

[Anonymous No.29332462]

>>29332145
I'd say at least 1k as staking minimum until contracts got optimised and L2 is ready. As for the $100/day it's hard to say as it depends on a lot of factors.
>>29332179
Of course.

[Anonymous No.29332720]

Even though im only using Bancor for passive income from my LINK, these threads are incredibly comfy and I hope you all make it

[Anonymous No.29332886]

I have 100 BNT
I am going to buy another 150

Am i Early to this
I have 4.55 ETH stashed on my trezor

[Anonymous No.29332958]

>>29332720
Thanks marine, same to you. If we meet in a McDonalds sometime after the 4th IR I'll nod at you while ordering a caviar-sandwich from this now Sergey-owned and LINK-powered chain.

[Anonymous No.29333391]

>>29332307
which pool do you recommend?

[Anonymous No.29333414]

>>29332886
I'd trade that ETH for BNT dude, but that's just me

[Anonymous No.29333467]

25 yfi was just deposited to bancor directly from their vaults, not from some holder....what does it mean bros?

[Anonymous No.29333559]

>>29333391
Just pick one with high rewards + apy. You get both when you stake

[Anonymous No.29333577]

>>29331881
Is it that easy?
>>29332284
Alright. We are good to go now.

[Anonymous No.29333658]

Wttffff was that

[Anonymous No.29333679]

>>29333391
There's talk that some rewards for certain pools won't be renewed but that LINK, ETH, and WBTC pools are definitely going to be renewed. That may matter in your decision.

[Anonymous No.29333766]

Tfw only at 100BNT, these threads are so nice and comfy. I'm happy for all you stack chads. 1k would be real nice according to MC

[Anonymous No.29333797]

>>29318412
Can I stake RLC yet my niggas

[Anonymous No.29334020]

>>29333797
looks like you can but only with double sided liquidity

[Anonymous No.29334187]

>>29333766

Same here anon. I also bought 100 BNT this morning. Will accumulate in the coming weeks and stake once Arbitrum is released. We're still early and our patience will be rewarded.

[Anonymous No.29334300]

>>29333577
Easier than ever thanks to corona and diversity hires

[Anonymous No.29334581]

>>29329509
the only thing missing is time right now.

[Anonymous No.29334759]

>>29334187
Hold me bro

[Anonymous No.29335099]

>>29330242
quality fud lol

[Anonymous No.29335522]

>>29332369
sounds like we have a solid chance at cracking 3 digits

[Anonymous No.29335647]

Just upped my stack to 1100, I think it'll end up going down to $6.00 but I'm not gonna bother chancing it. If it does, I'll have 2% less than I could have, but I'd rather just sit back and be comfy.

[Anonymous No.29335850]

>>29335522
Easily. That mcap puts us in the top 3

[Anonymous No.29335892]

>>29335522
>>29335850
are we banc maxis now

[Anonymous No.29336135]

Tfuq was that pump n (cum) dump that just happened??!

[Anonymous No.29336306]

>>29336135
bitcoin dumping

[Anonymous No.29336346]

I only hold bnb and bancor, thinking about just fuckin going all in on bancor. Any hope for 350 bnb tomorrow and 6 bnt?

[Anonymous No.29336473]

>>29335892
Yes

[Anonymous No.29337251]

>>29331335
>trade BNT for vBNT
I actually just did this. Not only that, it looks like I'll be able to stake the vBNT for 270% APR when space opens up.

[Anonymous No.29337279]

>>29337251
Based leverage long chad.

[Anonymous No.29337370]

>>29336473
I'm OK with that.
>>29337251
Good catch, although I'm guessing it will be very difficult since everyone wants to get in

[Anonymous No.29337390]

>>29319577
and then everyone will know that you have made it congrats Anon

[Anonymous No.29337602]

>>29318412
>BTC dives
>Bancor barely flinches

Everytime

How is Bancor so fucking resilient? I'm officially long on BNT

[Anonymous No.29337690]

>>29337602
the whales are scooping it all up. Check out the buy walls

[Anonymous No.29337735]

stakelet with a stacklet here
i am like a baby

[Anonymous No.29337747]

Some anon warned us that something big was coming right about now...said "exactly four hours from now" at 2:33 Central time

Digits and we all make it

[Anonymous No.29337790]

>>29331689
Coming back to this does that mean that vBNT IS A SORT OF TIME HACK?

[Anonymous No.29338105]

>>29337251
I did too but I think it would have been better to just stake bnt right now with the high APY

[Anonymous No.29338453]

>>29337747

Reference here

>>29320768

Uhhhhhh...whats the next phase bros

[Anonymous No.29338528]

I have dumped my entire portfolio into this(bought 3900 at an average price of a little under 5) and I am staking.
I'm gonna forget I have it, get a real job to have shitcoin funds, and return in a few years.

Will i make it?

[Anonymous No.29338779]

>>29338105
Yes, staking BNT is probably better right now. I only hedged a little bit with vBNT.

[Anonymous No.29338954]

>>29338528
>Will i make it?
There is no doubt.

[Anonymous No.29339120]

Why is it so fucking expensive to enter a pool

[Anonymous No.29339182]

>>29339120
welcome to the world of smart contracts

[Anonymous No.29339286]

>>29339120
I'd watch https://ethgasstation.info/ and try to get it where the Green is under 100.
The team did say they were working on a way to lower the price.

[Anonymous No.29339303]

>>29339120
Complex contracts requires significant work from miners

Arbitrum should reduce costs a lot

[Anonymous No.29339304]

What is a suicide stack

[Anonymous No.29339366]

one thing that bothers me is that all pools are bnt pairs. how often is it less expensive to route your trade throught bnt? that's an additional 0.25 to 1% fee compared to a direct swap. have i finally found the catch?

[Anonymous No.29339449]

>>29337602
Probably people doing the same shit I am.

[Anonymous No.29339570]

>>29339366
Except it also means you will never need more than 2 hops. With uniswap you can end up with a lot more than that depending on what you're trading. And in any case, that won't matter much once arbitrum is live

[Anonymous No.29339671]

>>29339366
Yes, but you're underestimating the volume this creates

[Anonymous No.29339766]

Where is the best place to stake 1100 BNT without gas fees raping me?

[Anonymous No.29339826]

>>29339766
afaik you can only stake on bancor.network and the gas fees are the same on all pairs

[Anonymous No.29339847]

why should I not swap all my vBNT into BNT and stake it again? Isnt that just free money?

[Anonymous No.29339850]

god the way this barely dips when BTC does, and then when it does it shoots back up anyways is so god damn sexy

[Anonymous No.29339895]

>>29339847
you will get locked out on your original BNT stake (that gave you vBNTs)

[Anonymous No.29340078]

>>29339895
yes, but if I make a lot by staking BNT then swap it back to vBNT and unlock it is it not worth it?

[Anonymous No.29340156]

>>29339570
>never need more than 2 hops
when do you need >2 on major tokens though? all the highest volume tokens on bancor are fairly liquid in one or two hops on other dexes already
>>29339671
but why?

[Anonymous No.29340274]

>>29339847
its a risky game right now, you need to get a good rate on that swap (vBNT>BNT) so monitor that for a bit before you swap. Then, to get your initial staked BNT back you need to return the equal amount of vBNT you got when you staked them. Think it through carefully.

[Anonymous No.29340277]

Any fees for unstaking?

[Anonymous No.29340318]

>>29339826
What pools would you recommend. I'm considering LINK/BNT or ETH/BNT

[Anonymous No.29340322]

>>29340277
Yes, same as for staking

[Anonymous No.29340473]

>>29340156
because the pairs don't matter anymore. You can trade any pair with any other pair. With tranny shit you would have to select a pair that has a large enough volume to cover your transaction, usually ETH. Bancies allow you to directly swap GRT for any other coin like wBTC no matter how big your transaction is.
>>29340078
yes, that's the game plan if you're willing to lock yourself up for long.
>>29340318
read the thread nigger >>29332307 >>29333559

[Anonymous No.29340919]

>>29340274
I thought vBNT will never be bigger than BNT

[Anonymous No.29341004]

>>29340473
hmm...yes, I have to think about it. If the rewards get extended on the LINK/BNT pair then I dont see why I shouldnt do it

[Anonymous No.29341135]

>>29340919
>>29341004
Thanks for the permanent liquidity bro. Not all of us were meant to make it.

[Anonymous No.29341188]

>>29340919
I didnt say it would, I said get a good rate because it fluctuates

[Anonymous No.29341373]

>>29339449
fucking whale. grats senpai

[Anonymous No.29341599]

>>29341188
he thinks you meant where vBNT > BNT, not that you were indicating the direction of the swap

[Anonymous No.29341702]

>>29341188
what does vBNT > BNT mean to you then lol xD
yea i get it. If I trade at 0,66 or something that the rate is now it can go up to 0,99 or something and I might get rekt, but not sure if this is wont matter in the long term because the rewards will make it even.

[Anonymous No.29341828]

>>29341599
>>29341702
I'm shit posting not writing code

[Anonymous No.29341887]

Stacklet reporting in for a based thread

[Anonymous No.29342140]

>>29341887
you mean stacKING? Making me look bad

[Anonymous No.29342141]

>>29341887
>stacklet
sure bud

[Anonymous No.29342315]

for the love of god don't even consider leveraging vBNT if you are asking about it on a Korean finger painting image board.

[Anonymous No.29342361]

I've got 10k link staked, and a little over 1k BNT unstaked (unsure whether to stake now or wait for L2/Arbitrum for gas fees to be worth it).
Am I going to make it?

[Anonymous No.29342641]

>>29342315
nah bros, encourage then to leverage up at 0.65, it’ll be fine!!

[Anonymous No.29342789]

>>29340919
It won’t but it will go up from here once the protocol starts burning it. They are aiming for .85

[Anonymous No.29342848]

>>29342641
No wonder jews would create something like this. You can't make this shit up

[Anonymous No.29342953]

>>29342641
I should just keep quiet. The more supply locked eternally or the more anons have to buy vbnt at a loss the better the price action for me but I just don't want you guys getting burned

[Anonymous No.29342954]

Somene give me a rundown on why Bancor has beat GRT?

[Anonymous No.29343133]

>>29342954
you can stake your GRTs on Bancor for better returns goy

[Anonymous No.29343139]

Please vote for this.

[Anonymous No.29343140]

>>29342953
yeah, let them. locking up supply and presenting easy trade opportunities for those who are looking. we have a few weeks to make some serious money here before this trade disappears forever.

[Anonymous No.29343246]

>>29343139
Fuck off Messi

[Anonymous No.29343363]

>>29342953
You shouldn’t keep quiet. Shitty communities= shitty token prices. All of our interests are aligned for once. This is a complicated protocol and it takes a minute to understand it. It’s better if we figure it out together rather than letting someone get burned.

[Anonymous No.29343448]

alright guys I have the stupidest fucking question you may hear all year. thank god this board is anonymous.
I’ll be staking 2400 bnt all from mobile. does my phone have to stay connected to the internet with the bancor pool open to generate rewards?

[Anonymous No.29343464]

>>29343246
im confus

[Anonymous No.29343511]

>>29343363
agree, but bancies are the jews of /biz/ so this is not gonna happen
>>29343448
no lol

[Anonymous No.29343569]

>>29343448
No it doesn’t have to be connected. Balls of steel asking biz this question. Looking forward to a bunch of ragetards screaming at you shortly for trying to learn something new.

[Anonymous No.29343672]

>>29319577
Sadly, within 20 minutes of the GRT pool opening up with IL protection... The entire GRT pool got staked. Like instantly.

They need to vote to raise the pool cap now.

[Anonymous No.29343679]

>>29343511
Yeah on second thought biz is incapable of collaboration anymore anyway. Fuck it

[Anonymous No.29343699]

>>29343569
bless you gentlemen. looking forward to the next bnt thread so I can crawl out from the shadows with a new ID

[Anonymous No.29343744]

>>29343672
That’s interesting. People who weren’t delegating but who were happy to be on Bancor for 100 days.

[Anonymous No.29343820]

wish I had bought in awhile ago but was planning to invest in alpha since it seemed primed for a pump but then i got fucked buy the hack. too late to buy in guys? what do you think?

[Anonymous No.29343834]

>>29343699
>>29343744
Double checked. Keep an eye on the Grt pool. Space opens up randomly. Keep checking.

[Anonymous No.29343844]

>>29343672
space will open as liquidity is added

[Anonymous No.29343942]

>>29343679
I actually like it this way, there is no "we" in making money. It's always every man for himself. And even though it's a tough pill to swallow but at least you don't end up in a GME situation.

[Anonymous No.29344623]

>>29322707
2050

[Anonymous No.29344867]

>>29343744
>People who weren’t delegating but who were happy to be on Bancor for 100 days.
There's a BIGGGGG difference between the two. Bancor you can remove the funds in 30 seconds, but you may lose a little from IL. While delegating is:
>when you unbond your GRT, they remain locked and illiquid for a period of 28 days.
not even comparable imo

[Anonymous No.29345365]

>>29343744
More like already had the ammo and gun prepared as soon as the proposal was opened and quorumed.

[Anonymous No.29345884]

New here just bought 15k this afternoon on Biz's advice. Can someone handhold me as to what pool I should stake or how that works? I meant to do it earlier, but I had a memo due.

[Anonymous No.29346307]

>>29343448
and i thought i was a brainlet

[Anonymous No.29346465]

>>29343448
so basically if anyone calls you or texts you you will lose everything
nothin personal kid

[Anonymous No.29347067]

I don't see why this is valued so low. Isn't this better than both Sushi and Uni?

[Anonymous No.29347302]

>>29347067

Congratulations. How does it feel to be early? So early the majority of the market hasnt realized what you just did.

[Anonymous No.29347351]

>>29345884
Put it in the link, eth, or wbtc pool. The rewards for these pools are very likely to get renewed. I pool in eth since The volume is highest so you are likely to recoup more due to fees.

Don't leverage with your vbnt yet. The peg is bad right now. If you don't understand that last two sentences, Google bancor vortex and read. That's your homework.