Alert fellow BNT bros. You have under 9 hours to prevent 10 million BNT being allocated to two illiquid pools.https://gov.bancor.network/t/revised-proposal-to-modify-bbadger-bdigg-pool-configurations-lm-rewards/794
BNT shrimp here. The vote is still running and there is still time to prevent massive amounts of rewards being wasted on a high risk position that is unlikely to yield results for the Bancor protocol
DOES THIS AFFECT MY LINK STACK
>>29660363I'll vote it down soon, my measly stack won't make much of a difference though
>>29660743that say digg?
>>29660363please fellow bBadger token will be in bringing arbitrage opportunity
>>29660363This explains why bancor isn't recovering or growing. Theyre about to sabotage their entire AMM
>>29661305FUCK OFF DON'T RUIN THEM THEY'RE MAKING ME MONEY
>>29661569I want to bancg Bancormilf
>>29660743Buuhuu. Just invest in digg and badger you
>>29660934>BNT shrimp here. The vote is still running and there is still time to prevent massive amounts of rewards being wasted on a high risk position that is unlikely to yield results for the Bancor protocolit hurts bnt, so if you are staking on bnt, its going to hurt your rewards, yes
>>29661305There's no actual trading going on with these pairs so they will never attract actual liquidity for arbitragers to generate any significant revenue to the protocol. The vote is a ruse by badger holders and since the pools won't be incentivized by the badger team themselves there is no reason to let this proposal pass.
>decentralized finance>12 whales decide everything
>>29662168which is why eth fees need to come down so everyone can vote
>>29662001>There's no actual trading going on with these pairs so they will never attract actual liquidity for arbitragers to generate any significant revenue to the protocol. The vote is a ruse by badger holders and since the pools won't be incentivized by the badger team themselves there is no reason to let this proposal pass.the proposal literally wants bancor to jumpstart it with 5m to each. This is such an obvious scam its not even funny, holy shit.
bump, vote against this
Voted against with 55k, don't let them get away with this bros.
>>29660363This won't pass don't worry. I have 210k left to vote against this. I know another anon that has 350k left and is waiting. We'll suprise them at the last minute. Of course, I still recommend everyone to vote still.
>>29664028What if your internet or power goes down?
>>29664028What if they have bigger last minute whales
>>29664107It didn't reach 40% quorum yet.
>>29660743>https://gov.bancor.network/t/revised-proposal-to-modify-bbadger-bdigg-pool-configurations-lm-rewards/794just dont give them 40% quorum and the vote automatically fails. So don't vote at all unless quorum gets reached
>>29664175>What if ((they)) have
>>29664175I hope the chad dev intervenes I mean he must have a bretty big stack and should know this sucks for bnt
>>29664107Then I'll use 4G connection>>29664175I doubt it. They have shown their cards too soon. Only one I see screwing this up is Samantha. I doubt he'll vote for this though.
>>29664242They need 20% quorum and 66.7% of the votes. "Rather than limiting the community to admitting two new tokens within a specific time frame, we propose an ad hoc (“as needed”) system to regulate LM rewards, where the community can propose to activate LM rewards on any token that meets whitelisting criteria at any time, and extend reward periods on pools where LM has previously been activated. These governance decisions would be considered routine protocol maintenance, and require 20% quorum and 66.7% supermajority." - from BIP10See above pinned message in the liquidity providers group
>>29664411Based and checkedTfw only tiny bnt stack so i wont be able to vote. Where will u see this project price wise by eoy? Is it worth staking pre arbitrum with a 2k stack?
>>29662001there is no trading happening on bancor. Everyone is just chasing apy. When it ends everyone will dump bnt
>>29664411Shieet, I thought it was 40%
>>29664028I’m In that group too with around mid 5 figures vBNT
>>29664411I've never seen this 20% limit before and I don't know what group you're talking about. Mind sharing a link?
>>29664588I think there will be. With polkadot integration and the incoming vortex upgrades, Bancor is maintaining momentum. Just need shitcoins to not invade it
Can't post the link as 4chan claiming it's spam. See the screenshot
I dislike these cucked proposals by 100IQ bugmen.Shut the fuck up, stake your bancies, forget about them, and enjoy the ride to complete dominance of the AMM and lending sectors. You won't even have to cash out, since you can just leverage part of your stack via vBNT and write it off as a loan. You risk getting trapped forever if you make a short-term play, sure - but if you were going to exit the market anyway you can simply leverage into USDC at a peg above .9 and PRINT BANCIE REWARDS FOREVER with your locked stack. Jesus Christ how are these fucks not seeing ((the implications)).
>>29660363>$50 fee to votefuck that shit. let them win
>>29665464based and thicc pilled
>>29665464>I dislike these cucked proposals by 100IQ bugmenThis>stake your bancies, forget about themWell the above point suggests that you should be involved in order to not let such proposals pass that dilute your current rewards further and not aid Bancies in anyway
>>29665638Imagine being so poor and diluting your future returns because you don’t want to vote. Midwit who’s ngmi.
>>29666186Does the numerical amount of votes for or against have anything to do with the outcome or is it just whoever has more money
>>29666347no, it's a whales game>>29666186it doesn't make sense to vote with a small stack
>>29666023>Well the above point suggests that you should be involved in order to not let such proposals pass that dilute your current rewards further and not aid Bancies in anywayThis is indeed the problem anon.The people are inept to rule. The permanently locked liquidity and volume on this thing come the top of the bullrun is going to be so insane. Then tax season will arrive. Mr Shekelbergenstein will ask you for funding, he has reparations to pay out. And you will say, sorry Moshe, I am in debt $2MM to the Bancor Protocol based in Tel-Aviv, leveraged the family gold on it, best I can do is 50 shekels. All the volume.All the money.All the loans.All the offshore tax haven constructions. Open your eyes, the future is blindingly bright.(I love fat chicks)
poorfag here is it worth holding my 750 stacklet or just should i trade it for something else. was just looking for further steady gains from here but im scared of an epic dump
>>29667082>but im scared of an epic dumpThen BNT is what you want to be holding, literally undumpable.
>>29667233But why is that so? I'm staking about 1650 and I'm starting to think I may have jumped in way to late. GRT or SNX seem like much better holds
>>29667082I'm holding until arbitrum rolls out, I expect some kind of pump for that
>>29667337I don't think you understand. This is literally undumpable.
>>29667337Compare the mcaps of SNX/GRT with BNT and then look at yourself in the mirror.
swapped reef for this coin and reef is outperforming it . Tell me this is gonna move up brothers
>>29668546You bought in after insane growth. There is still a lot more room to grow, but it's going to take just a bit more time.
If this passes I'm literally dumping my stack. Only reason BNT has any future is due to pajeets not flooding it with shitcoins
>>29668924Is it really worth dumping over one coin? I'm not too happy about it either but at least see how it plays out
>>29670135ThisIn the end it's just 20k BNT.That's batshit.I own atleast 10x that amount.
155$ 24hr volume for badger lmao it's ogre bancie bros
>>29670366yeah 20k aint that bad. Also if this plays out I'm guessing more people will become power hungry and start buying up BNTs en masse, for better or for worse.
>>29670682It won't pass though.I'll vote and another whale is lying in wait.It needs 66.7%, not going to let that happen without a fight.
is this the end of BNT? will direct democracy ruin an otherwise good project?
>>29670821Is it even worth voting with my 50k?
How can we prevent scams like this from happening in the future other than voting against them
>>29668546u bought a cuck token that has no product released. LOL
>>29670682Eeeeggsactly. Way I see it either outcome draws a crowd. I do lean 'against' though, if I had more then 500 vBNT I would consider voting
>>29670936Definitely. That's a significant amount when it's this close.
>>29670821friend if i can help you understand allow me. BNT incentivize pool so we have large numbers for arbirtrayge . Numbers low rn because no incentive.
>>29671034Unironically just vote, but more importantly join the bancor LP telegram and state your opinion to get people to vote with you
wow bnt sure sounds like a good investmentnot
How do I vote
I'll vote against with another 100k a bit later, and if push comes to shove, I can get yet another 100k votes. Unless 0x_b1 or some of the other whales have more, I think we should be fine. They could be waiting to snipe it though, so let's not get complacent.
>>29671456bancor.networkclick on the vote link
>>29670870Is there anything democracy hasn’t ruined?
>>29672056"Rather than limiting the community to admitting two new tokens within a specific time frame, we propose an ad hoc (“as needed”) system to regulate LM rewards, where the community can propose to activate LM rewards on any token that meets whitelisting criteria at any time, and extend reward periods on pools where LM has previously been activated. These governance decisions would be considered routine protocol maintenance, and require 20% quorum and 66.7% supermajority." - from BIP10
>>29672214its a shitcoin now isn't it?
>>29672485Bancie monarchs will prevail over peasants, further solidifying the protocol as the standard.
>>29672660how, isnt it being voted into the ground?
>>29666717eternally based fat fetish bancorchad
>>29672713Anon, democracy is fine if you're the one controlling it from the shadows. Have you learned nothing from the state of the world? We are winning.
>>29672863god i hope so, we are fucked if this is an actual democracy with normies votingi am an american but i believe that without a benevolent aristocracy or ruling class things always go to shit.
I just want to stake but I'm a stacklet and the gas price is 12% of my bancor :(
>>29664028I sure hope you're fo real, because I haven't staked my vBNT and I'm not in the mood to pay a $400 fee to stake my 2000 measly stack.Could easily be a badger shitcoiner trying to prevent us from voting though. If any anon has a 50k stack or above, this is worth the cost.
>>29673231do it late anon, like 1 am EST
Is there a reason these are never discussed in these threads?
>>29672750>eternally based fat fetish bancorchadAnd you, illuminated billionaire.>>29673207>i am an american but i believe that without a benevolent aristocracy or ruling class things always go to shit.Dangerously based
>>29673358Just holding mine that I bought for a few hundred bucks.Just look at Unisocks if you're curious what will happen with them
>>29673358If anything this makes the project look bad >SET AND FORGET BROOOO>STAKE IT TO MAKE IT DUUUDEreally makes it sound like a Ponzi scheme.
>>29667233Fuck off sam.Its dumping all the time
>>29673631not a ponzi scheme, obviously early adopters benefit more, but it seems the poor management and decision making of the whales could really ruin this
I also love fat stakes.
>new pool>immediately turns into 13th most liquid pool, even overtaking one with LM>beats volume of surrounding poolsImpressive stuff from ROOK chads
what's the apy for usdc or DAI single staking?
Why don't we pair up BNT with other privacy coins? Sure the volume is not there yet but when CEX start delisting privacy coins xmr, zec, dash, xvg, and zen. Would be nice if we have pools set up for them to have that first mover advantage
I tried to add liquidity to Bancor and it told me the gas fee was legit $2k
>>29675314Try again sometimes that's A metamask issue
>>2967400013% from fees and 80% from LM rewards for USDC. The pools are almost always full though
>>29675314>>29675900Dude the market is dumping right now, the ETH network is probably completely overrun, I had the same shit the last time it dumped. You have to chose a time when the market is on an uptrend and the fees are normal.
>>29676753>implying gas fees are ever normalI'm not interacting with any smart contract on layer 1 ever again
>>29676987according to the crypto whales l2 Arbitrum and Optimism launch in March, this would be insane
>>29673921this is a reminder that we’re still early
My entire net worth is painting a bull flag and an alt-season just flew over my house
>>29677535anon do you know anything about the timeline for vBNT peg beginning to return to 1:1? has the protocol even begun doing its thing yet? when it does, is it a sudden or gradual thing? how are you tracking it?
>>29678250The left numbers are the rewards. These are paid out in BNT and assume you keep your funds in there for at least 4 weeks so that the multiplier rises to the max of 2x. The right number is the returns in terms of fees and are given in USDC/DAI.
>>29678463It should start once we have the burn mechanism live. Probably a week or two from now. I expect it to be a big bump initially since the protocol will play catch-up, assuming the earned fees are all spent retroactively. If the entire test phase worth of fees is bought/burned at once, on top of the pool deepening, we'll get very close to 1:1 on launch.
What is the best way to find a coin and to get in?Bnt how much is safe investment for it?Is $MCM good?
can one of you faggots @ bancor people on twitter about this nate chad don't let them get away with it!
>>29678688thank you king>>29678833only 61.89% for atm no?
>>29678250>>29678597Note that the counter there at 13 days is how long is left of the rewards program. Not sure how likely these are to be extended for stablecoin pools, but I think pretty likely? Someone correct me if I'm wrong.I staked a massive amount of USDC in the past few days, so have a look at the screenshot for some numbers of it in practice. That's a total of about 3.2k USDC and 950 BNT. The BNT has yet to multiply since the positions are just a few days old. Finally, so long as I keep them in there for at least 100 days, I get any IL covered.
>>29679419You're spot on. Nice stack anon.
>>29679419nice flex richfag
>>29679419jesus christ whales on 4chan confirmed
>>29679419they will probably be prolonged, the advantages of the pools are too big
>>29679419BLEASE vote against the badger rewards
AMP was integrated into Bancor.I bought the shit out of both. Happy to shill my Bancor and AMPwagmi frens
>>29680045Good to hear. These rewards are amazing.>>29680280I voted with 300k and was the one who urged people to vote against yesterday. I have more though. See >>29671469
I own 160 BNT
Gonna vote against right now. Only have about 4k bnt though
Just a heads-up, as I found out the hard way the other day: if you vote with a certain amount and later get some more, it doesn't seem to be possible to add to the vote with the extra. So make sure you vote with the full amount right away, and if you want to add more later, do it from another account.
its fucking insane man, crypto used to be the wild west, now the stock market is absolute getting fucked and crypto is relatively stable
These guys are fucking retarded Their proposal got shot down so they proposed it AGAIN?!
its fucking crashing ahhhh
>>29683273Greed, my man. They'll keep doing it too, I bet.
>>29683645Put some enthusiasm into it.AHHHHHHHHHH OH GOD I'M FINANCIALLY DEVASTATED AHHHHHHHHHHSREEGHAEFGAEHIFAEHPFIN
>>29683649im going to dox and hunt down in minecraft that nigger cryptomessiah FAGGOT if he ruins my bancies
FUCK BADGER SAVE US WHALES!
>>29683649does it cost any BNT to make a proposal. If so we should vote to make it stupid expensive so these fuckheads lose money.
>>29660363fuck this is really shitting on the price what the fuck badger is so fucking gay
YOU AND I SPECULATE A LITTLE DEXBUY A BAG OF STACKS WITH THE NEETBUX WE GETSTAKE THEM UNTIL BONUS REWARDS ARE GONESTACK BY STACK, TIL LIQUIDITY IS STRONGBACK AT DAO, KIKES SUBVERT DEMOCRACYPOST THE PROPOSAL TO DRAIN OUR LIQUIDITYCRASHING FROM THE ALTSEASON SKYNINETY NINE RED CANDLESTICKS GO BY
>>29684837anon, i don't think you can reliably correlate this minor concern with price movement. it's a big world. sit back, relax, zoom out and trust the plan.
so BNT is exploitable by a bunch of pajeets constantly making a proposal over and over again to fill their shitcoin pool with liquidity? do i have this right
>>29685714>do i have this rightYou don't.
>>29685830k, well enjoy wasting tons of money in gas fees constantly voting these pajeet proposals down
Badger will pass. Me and all my fellow street shitter whales(Cousins in US that stole US jobs due to kiked H1B visas) have a combined 2.91MM vBNT. Perhaps jews getting jewed by their own AIPAC is poetic. I'll be back, I have to go take a massive shit on a jew lampshade.
>>29686222what do we do if it does pass? sell or stake in it?
>>29686316We will overtake the protocol by taken giant shit down the throat of hot jew lady. Pls send bobs hot jew dev
>>29686222only 60% for now. 4hrs left. we will see how it goes down
>>29686113>k, well enjoy wasting tons of money in gas fees constantly voting these pajeet proposals down
There should be a required minimum amount staked of one of the top three BNT coin pairing in order to make a proposal.If you are staking in wbtc eth linkYou have a vested interest in bancor working out
>>29676567>80% from LM rewardswhat are LM rewards anon?
>>29685714>pajeetsNo, it's a group of whales and their followers that are pushing a questionable proposal to activate rewards for a low volume pair. The first proposal wasn't well thought out and likely wasn't going to go through, so the dude who I think runs the group made a better proposal and that's the one being discussed and has a good chance of passing. As it stands though, it won't pass.In any case, they're not "spamming" requests. From what I understand, the first one was accidentally duplicated (proposal 38 and 39) and the current one (proposal 40) was meant to replace these. If this one is rejected and they create a new one though, that's when I'd be seriously concerned.
>>29687012Fuck these niggers
>>29673262If you get in at the right time you can get the gas down to $150
I-its just consolidating, right guys? It's going up soon, yeah??
>>29687965Yup it's going to take off like a fat chick with explosive diarrhea soon anon don't you worry.
>>29687768this is what I did, but had to wait till the weekend and staked sunday night. shit sucks fuck vitalik and his stupid tech
blessings to those who voted against
the more worrying thing here is why didn't the devs vote against? they hold 20m BNT yet they will let a retarded proposal like this one fly through?
Bancor fits the exact definition of a Ponzi. The fact they made up a bunch of stupid terms to try and explain how it is not a Ponzi only affirm this is in fact a Ponzi. Without a steady flow of idiots coming in to "stake" for rewards they announce will continue to depreciate there is absolutely no reason to invest in this.
can i make a proposal for a woman (male) to suck my cock and if it passes it HAS to come true?
same guy just created a proposal for rook LM rewards
>>29688685Decentralised governance is a blessing and a curse.
>>29689005this has nothing to do with decentralisation, they have their own vBNTs they can use however they wish to
>>29689047the devs voting on proposals would obviously be retarded, dude
>>29685714Yep and eventually you'll stop paying attention to their daily votes and you'll get fucked. Democracy!
I would like to propose a special fund that is used to feed Galia increasingly huge portions of food. We can sell videos of her being rotund and succulent on OnlyBancs, and she shall be the Adipose Empress to counter the Money Skeleton.
>>29688685I think they’re waiting for the last minute. The proposal would hurt the project and they would not let it be
>>2967941940% per month?
>>29689005It's not a blessing in any aspect at all.>>29688807You realize the pools are AMMs right? BNT balances the pools.
>>29688763you should have never made these Bancor threads, fuck the anon who started it. You attracted way too many retards
>>29689257i hope so, that would be the most (((correct))) thing to do there. I hope they aren't aiming for a real self-governance because that wouldn't be how ((they)) work and it would just destroy the project overtime with more retarded whale proposals
You should be less white and vote for it. #BLM #blackrenaissance#blackhistorymunth
>>29689728White whales should give tokens#respirations
>>29689728>>29690110I hate niggers.
can we assume that the peg will probably never go below 0.7 again once the burn mechanism goes live? it's a shame i don't have more in reserve to buy vBNT with. huge opportunity atm.>>29689244get this man his votes
>>29680599>300kYou must be the FUCKAPI3 anon. Looks like cryptomessiah needs the same verbal spanking.
>>29660363I actually think CryptoMessiah is just there to keep making proposals for every single one of their tokens they're bagholding, over and over, until they can siphon rewards down and then dump it all.Actual cancer.
>>29672863This. Already did my job as a small-time whale. We're currently winning, but we're not there just yet.Be sure to vote.
Unrelated but what are the conversion rates and fees on staking bnt, then swapping vbnt? Im considering selling a couple K of my link for bnt then rebuying it with vbnt to remain exposed but im not sure on what amount I'd likely end up with.
>>29671469Based Anon. I carried in 210k. I doubt they'll be able to counter all these votes, but be sure to remain vigilant. We can't let them win.
What makes badger bad for LM but rook good? Volume? Just the quality of the project itself?
>>29691024guess how he became a whale in the first place
>>29691453https://www.coingecko.com/en/coins/bancor-governance-tokenCoingecko has actually listed the price of VBNT. Just compare it with your BNT price and you'll see what you'll get.
>>29691587Yeah i did do a few calculations late last night but im riding on 4 hours of sleep a night with work right now so can't even remember what it came out like. I'll do it again a bit.
>>29691553Anyone answer this or is rook bad too?
>>29692010The difference was that badger was hardly traded on the site I think
>>29667337>GRT or SNX seem like much better holdsHey everyone, I found the guy that trades on the 15min charts.
>>29691553>>29692010>>29692115rook has no rewards right now, they just whitelisted the pool, it is basically the same. Both tokens are just yield farm tokens
>>29692010both are retarded ideas
>>29680045>they will probably be prolongedsorry anon what will be prolonged?
>>29692436the rewards for the stable coin pools
If that vote passes I'm market selling 300k bancor.
>>29692010anything that has a low trading volume is a bad trading pair to give rewards for.
>>29692518this is why its best to stake in the LINK, ETH or WBTC pools. we finna keep voting for rewards to these pools until next year lol
>https://gov.bancor.network/t/revised-proposal-to-modify-bbadger-bdigg-pool-configurations-lm-rewards/794/33the response from the community both vocally and in votes seems promising. only 58% /for/ now, unlikely to pass. neither pajeet nor whale will stop us.
>>29692359People looking to farm farm tokens are ponzi chasing scum. If they win a vote they will drain value immediately from the network and move on.
>>29660363>Be dev>"Hey goyim, we vote with BNT">Have the most BNTOy vey, is something wrong, goys?
Can I make a proposal to ban Cryptomessiah from making any more proposals?
Why do I have to pay 60 bucks in gas only to vote against a blatant scam? Absolute garbage system and awfully lazy from bancor, no wonder there’s barely any participation in governance.
This is a good example of why Bancor needs to just focus on the blue chips. I know there are some calls in the community to be more adaptable to the latest hype shitcoins, but honestly with the value Bancor provides back to projects I think they're much better off just focussing on getting super deep pools of blue chips and constantly shooting down opportunistic fuckheads like messiah.Seriously, what kind of absolute faggot calls themselves cryptomessiah in the first place. Chainlinkgod. etc. Absolute faggots.
>DemocracyAre people really...?
When voting with vBNT, does the vBNT get burned, or is it returned to you after the voting period?
>>29692842look how much fees the stablecoin pools generate, its quite good>>29693087well it can work if badger dao gives out rewards, or you can add multiple layers of leverage from the badger protocol
>>29693229This. Bancor is shit.
>>29693684>>29693229they know this and are changing it
>>29693754Are they? Just seems fucking retarded. Governance on AAVE doesn't determine scammy shit like this
>>29693229I think you only pay the tx fee for putting it in the governance pool, afterwards you can vote on however many proposals you want.
>>29693153Any legitimate proposal to hinder yieldcoin promoting shitfarmers is welcome
>>29679419Holy fuck when the multiplier kicks in for you
>>29693684can you just leave, you are obviously too dumb to read the documentation or understand how the protocol works
>>29693605>look how much fees the stablecoin pools generateand APY? what's the apy>>29692842>this is why its best to stake in the LINK, ETH or WBTC poolswith usdc only one side staking you will never suffer impermanent loss
voting against with my measly 38k bancies right now. hate spending the gas but fuck this blatant jeetery
at this point, investing in bancor is akin to investing in democracy... top kek
>>29693153Look at his latest comment, the guy is so full of shit.
how low is this going to dip
>>29695223wouldn't be surprised to see $3.50 or less. people are recognizing the weaknesses of the protocol
>>29695026yeah, except it's a democracy comprised of internet autist whales
galia save us drop that 5mil vBNT on those bitches please
>>29695472>faggots tries to LM his shitcoins>community votes it down>this is a weakness of the protocolOK
Paid 150usd in gas to add a negligible amount of no. Just doing my part but damn vitalik get your shit together.
>>29689452t. early Ponzi "investor" well hold onto your stack big boy just don't cry when you realize the bag got a hole in it somehow
>>29695616shitty proposals in any democracy usually get shot down multiple times before they finally pass :^)
>>29695616>whales group together>vote for whatever shit their leader thinks of>nobody stops it since not every other wale is glued to the monitor 24/7 and watches all the proposals
>>29695223Cryptomeshitter wants his bux back because he couldn't pull a fast one lol
>>29695857>8 posts by this idCope
I would suggest voting against Rook as well. Even if he's right and it does have a higher trading volume, I don't want this to set a precedent for shills like this to start dilluting the BNT pool with arguments like this:>Rook community made the rook/bnt pool the #13 pool by liquidity on bancor in less than a week.>I think Rook serves as a fantastic example of EXACTLY the kind of communities that should be rewarded… people who have put their $$$ where their mouths are.>It was an act of faith. Simply put.>Now give us rewards
>>29695911Bitch they have 5 days to work it out
>>29690211Honestly it’s not the nigs themselves that are so bad. It’s the fucking white SJWs who delve into every nook and cranny where anything remotely good or fun may be happening and start screeching, “Hey! There are no niggers here! Racist racist!”If it weren’t for those idiots nogs would never even know to complain. Ignorance is bliss.
Don't worry guys I got thishttps://gov.bancor.network/t/revised-proposal-to-modify-bbadger-bdigg-pool-configurations-lm-rewards/794/36
>>29695223We've had iron support at $5 previously. Hard to see it going below that>>29695472lol at anyone thinking that a fraction of a fraction of BNT holders arguing in the governance forum will have an effect on the price. Objectively weak FUD
>>29696208the hero we needed
>>29679419Bruh, this has made me even more bullish on BNT
>>29696208leave that autistic screeching in /biz/ anon
>>29695472Yes. This market wide dip is due to this one vote
>>29696208>This post was flagged by the community and is temporarily hidden.kek
>>29695960This. Rather invest reward allocation into projects that actually matter or increase existing rewards to absorb the rest of the liquidity on the market
>Make another proposal again and I’ll come over to your place and shove a chimney sweeper doused in castor oil up your sister’s asshole. Then we’ll see who the real MASSIAH is you scammy megalomaniacal pajeetFucking KEK
>>29696208SKIN IN THE GAME
>>29696453Speaking of, is is feasible to like... Double the link pool or something
>>29696574yes. someone should propose the next cycle of rewards already, only 25k of vBNTs are needed to make a proposal so get to it whoever can write well
>>29688145ANYTHING in that room I desire? That book behind you looks pretty interesting.
>>29696574It's already the largest DEX pool and aggregatots like 1inch route majority of the swaps through the Bancor pool as is so I'd say it's more likely that it will only be mildy increased periodically like it has been so far. Focus should be bringing other pools to the link pool level to become the true black hole of liquidity that Bancor was always meant to be.
>>29691553>>29692010First of all, keep in mind I hold ROOK and would benefit from LM, so I am biased.The first thing I'd like to point out is that the proposal to add LM to the ROOK pool should not be bunched together with the proposal for bBADGER and bDIGG. ROOK is the governance token for KeeperDAO and has respectable daily volume:https://www.coingecko.com/en/coins/keeperdaoNow on the other hand, bBADGER and bDIGG are not the base BadgerDAO tokens, instead they're the tokens you get back from staking them on their platform. These aren't tokens you can find on CoinGecko, for instance, as no one really trades these. So the case they are making is that by providing liquidity, people *could* start trading them. It's a big if, and they do not actually need LM to prove this theoretical volume exists. From my point of view, they should get together and fill those pools to the brim and prove there's an actual market for it. Only then would it make sense to incentivize them to keep it there and add more through LM.When it comes to ROOK, a decent amount of the daily volume is already being routed through Bancor (currently over $800k), but most of that comes from large orders through aggregators like 1inch where only part of the order is sent to Bancor, because Uniswap is still the most liquid pool ($13.8M vs $13.1M on Bancor). The argument for adding LM to ROOK is that it would undoubtedly flip Uniswap and a lot more volume should start getting routed through Bancor because Uniswap providers would move over and slippage on there starts becoming an issue.Whether this flipping of liquidity is worth it, I don't know, but it's quite a different story from the bBADGER/bDIGG LM proposal that to me is a clear case of greedy people just wanting to double-dip rewards: the ones from the BadgerDAO platform and the ones from Bancor.
Just read the Bancor FAQ.Seems like everyone is in because they are printing BNT tokens in form of rewards and once LM program is completed, it won't be as profitable to keep money in Bancor. Am I wrong?Also, what if there are not enough fees for my staked LINK to cover the IL? They say that they'll just print more BNT to cover it in that case, and supposedly I can market dump that BNT right there for LINK. Is that right? Why doesn't the smart contract do the sell for me in that case? Is it because I'm being jewed of LINK and they're trying to hide it?Thank you.
>>29697237LM rewards are to bootstrap liquidity on the exchange. once LM rewards ends, you will still be able to make a healthy income based on the txn fees alone.
>>29697555Checked and kekked
>>29697161Ur the rich guy so I trust you
>>29697555Kek, he's whining in the Telegram now trying to pretend he's doing us a favour with this gay proposal
>>29696208Not the hero we need but the hero we deserve.
>>29697742What's he saying?>Proposal to Murder CryptoMessiah>for anyone who missed my thread:The one who successfully pulls it off gets to hold his bags. I think is a positive form of recourse aimed at defending Bancor against vampire attacks and subterfuge. It also sets an example as to dissuade raj and his caste from pulling their ponzi shenanigans on here.
>>29697555Ok, apologies, based
>>29697949Just saying that all he's hearing is hostility and no actual opposition to the proposal. Then played it off like he's glad it got people involved on the gov. Like no shit it got people involved when the proposal is this bad
>>29697949BNT being ultimately governed by a shadowy league of murderers in the end would be the only thing that would convince me to hold this piece of shit tbdesu
I would like to propose an Idena pool next
>>29698190Ah okay I see there's a telegram feed on discord.
tempted to take profits on half my bankies cus of this badger shit what the fuck even is that
>>29700224It's not gonna passRook I wouldn't mind
>>29700224Don’t think this can pass at this point
can someone explain me what the issue exactly is?
committed another 180k against the vote, get fucked badger boner bags
>>29701446Based and saves Bancor pilled
Pease helpIf I only stake usdc I should never be worried about impermanent loss?
Voted with another 110k.
Was gonna sell what I had not staked if we hit 5 but damn we might be fine for a bit
I’m gonna make it with 20k bnt r-right
>made plenty of profitable but tiny moves and saw slow portfolio growth>decided to consolidate during that dip and finally make one big move with BNT>coins i consolidated are up>i am double losing>even if it does recover id have hundreds or thousands more BNT if i had made the same transaction now
it's not worth the gas for me to vote with a measly 5k vbnt but I appreciate the based whales voting this shit down
Ok bancor is based I haven't laughed this hard in a while
I am financially ruined
900k whale just voted against. Should be the nail in the coffin with less than 10m remaining.
bancor bros, shall i hold or sell now as we are going to a 24hr loss
fuck sakeBNT was the comfiest hold ever a a few weeks ago. now its being all volatile and retarded. even the 6.9 the other day cant make up for it
Looks like it was blocked, good job voters.
BNT has just been tracking BTC to a less volatile extent the whole week. the market is cautious. relax and watch BTC instead. when BTC starts growing again, so will BNT. we are still 2x up from 2 weeks ago. you retards worry about day to day buying and selling way too much
I CAN'T FUCKING SELL MY TOKENS ARE LOCKED
>>29707076If it hits low 4s tomorrow Im not selling but I might grab a shotgun and Cobain myself
>>29707291For real, if your that worried about a bear market you might as well leave. Even then, I feel like the pumps for this will be easy to suss out
>>29660363kek how you are faggot still making this thread when your aave loans are about to get liquidated
>>29705990It is a fun community. Link has just been sad for a long time now whereas bancor has a lot to come.
Investing in the thing thats kept people slaves for centuriessay hi to klaus for me faggots.https://en.wikipedia.org/wiki/BancorI hope you all get fucked for doing business with the enemy.
>>29697555Checked and kek
>>29708106Hi /pol/ bye /pol/
>>29708700What, he's right. Just because we try to make money off it doesn't mean we have to defend it.
>>29697555This madman actually did it!
this thread made BNT my favourite hold of all time
testing 5, might sell some and buy back when BTC stops being a shit
grimfalling out of love with this coin
>>29708106I am strongly pro-slavery and believe in elitism.
>>29709033>>29709757Duality of man
>>29709865One has his bancies staked the other one does not
>>29709757we are all at the whim of king shitcoin
>>29709988You will make it my based staking compatriot.
ok i sold i'm a bear now
>>29710366>Yes, he sold.Engage the black hole.
>he soldYou know what that means.
>>29706452Sorry anon but you might have fucked up. Rewards on stable coins are fucked.
>Oui?>He's out?Activate swan 13.
>>29710652>woman mathsee the mistakeIf you hold ETH, BTC, or LINK you would get fucked by IL right now
>>29710652Hmm, I'm not so sure that's accurate. It's hard to calculate how much I've made in rewards because when I expand the USDC position I can't see how much each individual position made in BNT, only the total. But based on some quick maffs, I think I'm getting what I should be getting.In any case, I'll try to keep track of how much I'm making every day and see if I can confirm or deny that.
>>29712014we don´t know how long she is staking, my guess is that she calculated without the multiplier and doesn´t even know about it.
>>29712613Yeah, that sounds pretty likely, actually. The APY displayed there assumes max multiplier after all.
>>29708882Yeah well those cunts suspended me for a 1000 years.
>>29710366stake and sell your vbnt at least lol
>>29712613BNT 3x'd over the last month versus the original stablecoin stake