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File: 317 KB, 4000x1200, bnt-link.png [View same] [iqdb] [saucenao] [google]
30192386 No.30192386 [Reply] [Original]

I am reading into DeFi and have a question, if I understood everything correctly.

So, do I understand it right, that if I put LINK into the BNT/LINK pool I do not have to sell half of my LINK for BNT but can only provide my LINK in the pool (single-sided exposure in pools), do not suffer from impermanent loss after holding for 100 days and get 22% APR paid weekly in BNT?

>> No.30192468

>>30192386
22% isnt great compared to some other yields you can get for Link on the Binance Smart Chain. (>40% paid out in LINK daily).

But yeah that sounds right.

>> No.30192489

>>30192468
>giving ur linkies to the centralized chink scam
Top kek m8

>> No.30192528

>>30192386

Yes but the pool is full. I deposited BNT this morning to open up space and some cunt immediately filled it with depositing his Link.

>> No.30192529

rug pulls everywhere

>> No.30192531

>>30192489
Don't care, i'm getting double your yield on my linkies.

>> No.30192565

>>30192528
That sucks anon, the team are working on a way to stop people sniping like that. Hopefully it comes out soon

>> No.30192608

>>30192386
>paid weekly
no. monthly at best. also it won't last forever. google it.

>> No.30192874

>>30192528
ok thanks for the hint. could you also tell me how much in fees I would pay for providing liquidity? I don't mean Bancor's fees, but the Gas fees for usinf the ETH chain.

>> No.30194095

>>30192874
When I staked 1800 BNT in the Link pool it was like $150 in gas.

>> No.30195303

>>30194095
oh shit. I am too poor for these fees. better wait 2 weeks until Vitalik gets the fees down.

thanks for the answer, though, fren.

>> No.30195438
File: 10 KB, 333x215, Screenshot 2021-03-04 082536.png [View same] [iqdb] [saucenao] [google]
30195438

>>30195303
Well I'll have made my gas fee back in just 12 days. Everything from then on is profit. Pic is after 22 hours of staking.

>> No.30195556

>>30192468
>yields you can get for Link on the Binance Smart Chain. (>40% paid out in LINK daily).
mind sharing fren?

>> No.30195662

>>30195438
yeah, but my LINK is not worth $18k as your's unfortunately.