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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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30104582 No.30104582 [Reply] [Original]

AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH ITS OVER

>> No.30104649

>>30104582
what?

>> No.30104661

https://gov.bancor.network/t/bip9-addendum-the-bancor-vortex-vbnt-burner-proposal-to-switch-to-a-flat-burn-rate/1015

>> No.30104719
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30104719

>An alternative vBNT burn mechanism is proposed that would introduce a flat 5% insurance premium on swap revenues from both the TKN, and BNT side of all pools.
>The fee is increased every 6 months in 5% increments; after 18 months, a flat 15% fee will be attained.
>Overall, the anticipated effect of the burn is still intact; the burn rate still supports the price of vBNT, and it still achieves the desired deflationary influence on the token supply.

nah, should be ok. burn rate won't be dynamic but linear instead to save on gas. ~same effect overall.

>> No.30105228

unironically changing it because they are getting insto interest and need a quick fix. as long as it pushed this vbnt/bnt rate up, im happy.

>> No.30105275

>>30104582
i got 2k BNT staked in the USDT pool for the rewards, should i unstake them now and stake them in some other pool bc rewards end in a few days?

>> No.30105318 [DELETED] 

Oh, [s that real|are you serious|are you joking}? Why do you complain about this rubbish?
Want to save your portfolio just put your brains back to your head and listen to me lil boi
>YVS Finance yield farming - that’s what youwanna see since you came to crypto!
So be smart and get cash here, no deposit or extra gas, just a clear staking model!

>> No.30105408

>>30104719
15% fees?

>> No.30105419

>>30104582
it is bullish you retard

>> No.30105475

Why not wait until arbitrum? It seems they are rushing things, is it because simp2win is cornering the vbnt market?

>> No.30105570

$6 waiting room anyone?

>> No.30105812

>>30105275
Have a look at governance and voting. I think that pool will be extended albeit with lesser rewards

>> No.30105814

>>30104582
Did you buys enough DHT?

>> No.30106038

Is this a signal that arbitrum may take longer than we hoped? I’d been expecting that to roll out this month...

>> No.30106100

>>30106038

i still think we see Arbitrum within a month even if it takes slightly longer its out of Bancors hands but i do think they will be one of the first projects once it launches.

Either way stop spreading FUD vbnt burning is super bullish for the protocol.

>> No.30106103

>>30106038
why would it be. arbitrum was nit scheduled for this month but for april/may

>> No.30106182

>>30106103
>>30106100
Redpill me on arbitrum
Will it make BNT pools more accessible for poorfags like me?

>> No.30106226

>>30106182

Arbitrum is a L2 ETH rollup supposedly going to make gas fees 1/50th of what they are on L1.

So instead of $200 to stake BNT maybe $5-10?

>> No.30106234

>>30106103
wasnt arbitrum scheduled for some time last year?
>>30105275
youre right, maybe i will just leave them there then

>> No.30106246

>>30106182
It will reduce gas fees by 50x. Complete game changer

>> No.30106284

>>30106103
I don’t think I’ve ever seen anyone actually say when it’s due. April / May is fine by me anyway

>> No.30106404

It wouldve been better imo if they got everything with vBNT done before they released it in the first place. Now everything feels rushed just because the market are fuxkin wih vBNT

>> No.30106527

>>30104661
>During development, several problems with the variable burn rate were discovered that make it more difficult and gas-intensive than previously thought.
Lel

Another overengineered piece of shit

>> No.30106546

>>30106284
during call with devs one dev mentioned that arbitrum is possible in March, but more likely to happen in April and in case of some issues - May

>> No.30106738

>>30106226
>>30106246
Fuck that's pretty good. Eth gas is the one thing preventing me from staking my BNT memestack

>> No.30106843

>>30106546
Ah good, thanks

>> No.30107606

Once the Arbitrum upgrade happens, Bancor will use NFT's in their contracts( No idea how this works). Which is supposedly how they are saving loads in gas fees. Cool shit

>> No.30108233

>>30107606
Also brainlet. Can big brain bnt og example how this shit works?

>> No.30108430

>>30108233
just talking out of my ass but, the staking contract could be turned into a representational NFT that is less complex/cheaper for the protocol to interact with. basically in terms of cost, instead of a manilla folder full of documents being parsed, it's more like a quick QR snapshot.

>> No.30108779
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30108779

>>30104582
>>30104661
ok. sounds fine. nothing to worry about. $7 eod.

>> No.30108844
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30108844

>>30104582
idk what to do, honestly. I can get 5k bnt and even possibly margin it to 10k+. The chart looks good but it just doesn't care about BTC which worries me. Lads help me pls.

>> No.30108953

>>30108779
$10 EOW
$25 EOM
$100 EOY

>> No.30109209

>>30108430
WHAT IS A NFT? WHAT THE FUCK YOU TALKING ABOUT MANILLA FOLDER.

>> No.30109252

>>30108430
Wtf. Bnt uses paper in manilla folders to create staking contracts. Market sold.

>> No.30109730

I just jump ship from Uni pool to Bancor. The yield is so much better.

>> No.30109791

>mfw bancor have a fucking villa in manilla
>mfw galia is the bigger nigga with the cheddar
>mfw they have to flee to panama
it's over

>> No.30109852

>>30107606
What is the Torah but a NFT?

>> No.30109997

>>30109791
what is this new meme

>> No.30110218

>>30108953
If shitcoin doESN'T CRAP THE BED

>> No.30110578
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30110578

>>30110218
Son, we are fucking golden here. So comfy

>> No.30111041
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30111041

>>30108844
i yolo'd in 30k @ 3$ and it never touched 3$ again... 6$ is looking like old news

>> No.30111180

Bancor Is Literally Unstoppable

>> No.30111288

>>30111180
It’s a bit too easy. Might cash out and get into something more risky just to feel alive

>> No.30111312

>>30106527
it's a problem with eth not bancor

>> No.30111413
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30111413

I will dump in 20k in stablecoins in the next days, pooomp it boys

>> No.30111448

>>30104582
Biggest bull flag on Bancor imo are the threads. They never get overspammed, always prompt up valuable discussion, FUD is combatted with actual points unlike other coins, and overall are really nice and comfy.

>> No.30111519

When you guys here on biz when the BILU meme was a thing? We need to bring that back lol

>> No.30111561

Watch out trannies and chinks, the Jews are coming!!!

>> No.30111629

>>30111448
if they change the government bullshit and everyone can vote, it is honestly a very solid project.

>> No.30111644
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30111644

>>30104582
I woke up at exactly 6:00. I need no alarm clock. Two women woke me by sucking my cock. I gave 0.000001 BNT to each of the women as a tip. Three women helped me into the shower, all while caressing me and drooling at my BNT wallet. They also came instantly after seeing my balance.

I left my 50 acre mansion in the Portuguese countryside (fuck taxes) and got in my gold-plated 2030 Lamborghini Murcielago (custom made for me after the dealer saw my BNT) and another one of my bitches was waiting in the passenger seat. She was in the car all night, because she couldn't sleep without me having penetrated her. She hopped on me and started riding my dick while I squeezed her tits and drove with my knees. In a whim, I arrived at the gym. I threw the bitch off me, and she quickly returned to the passenger seat, where she would sit until I got back. When I got out the car, I flexed. My bulging, huge, muscles ripped my Gucci shirt off, and six women lined up. We had an orgy, which didn't last too long. Each woman climaxed when my cock came within five inches of her pussy, and went into an eternal state of euphoria after seeing my BNT wallet. I came, and transferred .00000000001 BNT to each of the women.

After benching seven hundred kilograms, I squatted nine hundred kilograms. I started doing my 100 laps, but I got a phone call. It was a conference call with nineteen supermodels. They orgasmed after hearing my voice. My bitch in the car was getting lonely, so I went back. She sucked me off as I took the drive back home. I left her in the car, transferred .000000001 BNT to her, opened the diamond-encrusted knob and went inside.

>> No.30111861

>>30111644
I keep all my bancies in a manilla folder. Seamen demons will never check there.

>> No.30111949

should I swap my vBNTs for LINK and stake it? or is it worth it to wait until the burning feature is introduced before I do this?

>> No.30111999

>>30111629
There’s going to be a vote on exactly this. Worst case scenario arbitrum will make voting incredibly cheap anyway

>> No.30112052

>>30111644
This all sounds very tiring

>> No.30112099

>>30111644
based. this is my favourite type of post
>>30112052
low t

>> No.30112392

>>30112099
Come off it. Benching 600kg is one thing but 700??
And I’m not doing any fucking cardio