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/biz/ - Business & Finance


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30195538 No.30195538 [Reply] [Original]

Everything dips, this shit crabs
I don't get it, will it dip with a delay ?

>> No.30195578

>>30195538
its too pricey to unstake it

>> No.30195651

>>30195578
How much? Gas fees out about the same as gas fees going in, I'm guessing?

>> No.30195666

$100 eoy

>> No.30195752

>>30195538
only poorfags are not staking and they can't move the market

>> No.30195804

>>30195651
bancor is for chads who are holding and staking
theres no sell pressure because we arent dumb fucking niggers

>> No.30196388

>>30195538
We are all locked in, son. It’s why it’s literally THE play of the bull run.

>> No.30196445

>>30195666
>>30196388
Satan and Hitler digits confirm. WAGMI

>> No.30196538

>>30195538
Only retards swing bancor

>> No.30196558
File: 63 KB, 640x640, 89B2A1D8-4112-41F4-B0B3-D213D8C85FDB.jpg [View same] [iqdb] [saucenao] [google]
30196558

>>30196445

>> No.30196576

>>30195538
Because Bancor Is Literally Unstoppable.

>> No.30196659
File: 12 KB, 244x207, 1597279071870.jpg [View same] [iqdb] [saucenao] [google]
30196659

>>30195538
I just restaked my 900 BNT rewards
>he thinks I have enough ETH left to move anything else
>he thinks I give a shit about a bear when I am printing money by the fistfull 24/7/365.

>> No.30197105

>>30196659

When you bet on jews you win unironically. Can’t beat them, join them.

>> No.30197369

>>30195538
In the first dip after BTC ATH it dropped quite a lot and only in recent days got back to new heights.

>> No.30197483

>>30197369
It held on better than almost everything else, and recovered more quickly than almost everything else. It’s actually doing better now in sats than before the BTC dip

>> No.30197612

>>30196659
literally its like having a santas workshop of little slaves just toiling away making you more bancies NONSTOP

>> No.30197755
File: 44 KB, 1200x360, Xoa1Nl8f.png [View same] [iqdb] [saucenao] [google]
30197755

>>30197105
They just updated some minor things in the UI. My rewards update every 10 seconds. At current prices I make almost $0.04/per update. I will make roughly 17,100 BNT/year until rewards run out. (if I don't compound by restaking) Even if the price fell to $1 I would be happy. If it goes to $10 I will make more more than my regular wagie job.

>> No.30197823
File: 48 KB, 580x702, meowmix.jpg [View same] [iqdb] [saucenao] [google]
30197823

>>30195666
fucking checked

>> No.30197904

Stop shilling please. After dipping for 2 years it has x5’d in 1 month. No point in buying now.

>> No.30197965

>>30197612
Fuckin dead, god Christ it’s too based

>> No.30197986

>>30196659
how do i stake my bnt?

>> No.30198138

And we're back to 7
Sucks that I'm poor and can't stake with it being worth it until Arb

>> No.30198201

>>30197986
load up on ETH in you metamask that has your BNT. app.bancor.network. Find a good pool and stake (avoid stable coins as attractive as they are) Looks like GRT pool or Matic are currently good options. Stake and get bent over by Vitalik. If you have less than 700 BNT I would wait for Arbitrum in April.

>> No.30198246
File: 6 KB, 213x369, file.png [View same] [iqdb] [saucenao] [google]
30198246

just mooned on coinbase, wtf

>> No.30198274 [DELETED] 

Anon check out this gem.

$MCM Mochimo
> Quantum Proof
> Scalable and Fast
> Decentralized and Fair
>Price going crazy right now =)))

>> No.30198281

>>30198201
As we’re now at 7 dollars I reckon you can get away with 500bnt. Probably need a time when gas is slightly less

>> No.30198288
File: 340 KB, 991x695, 1597241889276.jpg [View same] [iqdb] [saucenao] [google]
30198288

>>30198246
>wtf
El No Sabe

>> No.30198326

OOOOOOOOOOOOOOOOOOO

>> No.30198384
File: 256 KB, 1280x691, 1597141092528.jpg [View same] [iqdb] [saucenao] [google]
30198384

>>30198281
Yeah, your right. I am just salty as I restaked 900 BNT this morning into the wNXM pool and had to pay $384 in gas, but restaking is a more complex smart contract so shit's extra expensive.

>> No.30198410

I've got most of risk acceptable capital tied up in GRT Link and Algo, but snagged 130 bnt at $4. Is it worth staking that small amount?

>> No.30198445

>>30198410
no

>> No.30198575

>>30198445
Is it a matter of gas fees and profit? The accepted wisdom on grt is minimum 5000 to delegate what's the bnt staking goal?

>> No.30198653

>>30198575
yes, it depends on the bnt price obviously. it was 5k at $6 so probably a bit less at present price.

>> No.30198689

>>30197755
Do you think there will be a dump of price once rewards program is over?

>> No.30198695

>>30198384
384! Kek

>> No.30198742
File: 269 KB, 1202x879, 1596745088086.jpg [View same] [iqdb] [saucenao] [google]
30198742

>>30198410
You can stake GRT and Link on Bancor if there is room in the pools. (Single sided). I would look into it, cause with rewards it's a money printer.
>>30198575
>BNT staking goal?
ALL OF THE LIQUIDITY

>> No.30198826

>moons to $7
Fuck! I keep waiting for a Dip since as an anon mentioned it's up like 400% this year already, and it just keeps going up.

>> No.30198852

>>30195538
Yes a delay.

Thoughts on mcm dao and dego)

>> No.30198878

>>30198826
many such cases

>> No.30198881

Helpful hint: This isnt the dip, this is just the start.

>> No.30199037

>>30198689
Rewards have like 50 weeks left. I believe they will overtake Sushi in TVL by that time if not UNI.
If that happens fee's will likely be high enough for me to stay in the pools. If not team might extend protocol rewards...
>>30198695
I did the math. Sucks buy it's fine.

>> No.30199183

Why is there so little discussion about this?

>> No.30199252

>>30199183
there is usually during EU night/US evening
way less now though, a week ago there were some nice threads

>> No.30199267

>>30199183
Because many of us are desperately accumulating as much additional BNT as we can, and the last thing we want is price action right now. I only have 700 BNT. It's just not enough.

>> No.30199303

>>30199037
Good man. Id have done it too.
Can’t wait for arbitrum. This thing will EXPLODE

>> No.30199361

>>30199183
There is discussion about it. Nobody is selling, simple as that. 60% is locked up staking. No wonder it's only going up

>> No.30199362

>>30199267
What’s “enough” iyo? 1500 Sui stack?

>> No.30199576

>>30199183
Requires an 85+ IQ to figure out. It's more set and forget, less jump from pool to pool looking for 15,000% apy for a day and then dump pool token before rug and move on to next vegtable.rug.io, nor a PnD, nor great for day traders...
>>30199303
It hurt but compounding rewards into a pool that I already have the 2x multiplier on is hard to pass up. If the rumors that Arbitrum is much cheaper than Optimism for L2 are true, it will become undeniably THE dex.

>> No.30199663

>>30195538
Mooning now. Still undervalued.

>> No.30199708

>>30197755
Someone explain bonus structure in detail and how I can view on the interface. If I restake in another pool do all bonuses reset?

>> No.30199855
File: 147 KB, 223x222, 1614202662848.gif [View same] [iqdb] [saucenao] [google]
30199855

>>30195666

>> No.30199893

I just started staking LINK. Is the rate at which I'm receiving rewards going to 1.25x in a week?

>> No.30199938

Guys I staked more link yesterday but that batch doesn't show rewards. Does it still show on the individual or does it roll up?

>> No.30200077

>>30198201
thanks

>> No.30200132

Frens, I’ve built a service to keep track of the available pool space for eth and link (so far) at stakingpool.space. Is this helpful for some bancor anons? Would you be interested in tracking other pools? Plz respond

>> No.30200209

>>30196388
Kek this, you have to commit for longer period unless you are a whale. Thanks vitalik and you cancer fees for making sure 90% of supply wont even enter circulation

>> No.30200251

>>30200132
This is very useful

>> No.30200281

>>30199183
maybe on /biz/, I am seeing people with huge numbers of followers shilling on twitter

>> No.30200400

>>30199362
Sure, 1500 to 2000 would be a good suicide stack as far as I'm concerned. I will probably stop buying at 1000 BNT for now and start focusing more on HBAR.

>> No.30200407
File: 7 KB, 212x238, 3578834215.png [View same] [iqdb] [saucenao] [google]
30200407

Alpha leak - Bancor will be moving forward with trader incentives akin to uniswap/1inch airdrop for those who have traded on the platform

>> No.30200476

>>30200407
that would be nice but I am not that sure it will happen

>> No.30200477

>>30197904
There's a very good reason it 5x dipshit

>> No.30200518

>>30200132
really cool anon. i would love something that tracks the vBNT peg if that's at all possible.

>> No.30200569

poorfag here
just bought and staked 5k$ worth of BNT
did i do good

>> No.30200576

>>30200407
come on no way...I'm already making so much money

>> No.30200893

>>30200209
You really don’t have to be locked in for long to make profit. Unless you have a micro stack

>> No.30200901

>>30200518
I’ll look into it. I haven’t kept track of Vortex much. Where can I find this peg in on app.bancor.network?

>> No.30201027

>>30200569
You did very good. 5k won’t be too poor for long. Would have been better a couple weeks back, but still

>> No.30201149

>>30200901
Nvm, found it under the Swap tab

>> No.30201201

>>30199893
Yes. 0.25 a week to a max of 2x

>> No.30201336

>>30200569
long term yes for sure but in terms of today, right now, you just bought a massive local top so you could have done better timing wise, but it really just could go moon nonstop as it sucks up all liquidity

>> No.30201417

>>30201027
yes i always had a thing for BNT during that time but didnt quite commit and was constantly trying to ride pumps with coins like algo and ADA. oh well

>> No.30201548
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30201548

>>30201336
Fortunately if you just get it staked then you’re earning rewards to make you more comfortable with not buying at the exact perfect moment

>> No.30201675

>>30201548
i mean really the earlier you buy the more rewards you will accrue when all is said and done no

>> No.30201745

>>30195538
Ppl are realizing that even in a down market, Bancor is going to earn you fucking crazy fees as a BNT holder and token LP provider.
The protocol itself is bulletproof, the only downside would be it's governance going to shit longterm

>> No.30201961

>>30195666
synagogue of bancor

>> No.30202425
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30202425

>15.24pm bongtime on the 4th of March in the year of our lord 2021
>the current price of a bancor network token (ticker: BNT) is not over $7
i mean really

>> No.30202505

>>30201745
Except that after the rewards end the fees will be based on swap volume, which will be less in a bear market

>> No.30202561

when are the rugs getting pulled on this glorious pyramid scheme
could it go as high as 50 dollars

>> No.30202665

>>30202561
imagine being this low iq

>> No.30202673

>>30202561
unironically yes, that would have bancor at uniswap's current mcap and that's very feasible this year

>> No.30202937
File: 704 KB, 866x764, bancorcomfy.png [View same] [iqdb] [saucenao] [google]
30202937

>>30202561
Easily. This is literally the last call people get the fuck in now. Literally all sources drying up since Arbitrum release schedule accelerated after Princeton dropped the patent

>> No.30202995

>>30198288
Spicboy.

>> No.30203299

>>30202673
Arbitrum will seal the deal IMO. So the sooner that is live the better

>> No.30203369

>>30202505
Yeah, but then we accumulate and in a few years time...

>> No.30203838
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30203838

>>30195666
Make it so

>> No.30203843

Wouldn't arbitrum incentivise people to pull out due to lower gas fees? Or would the mass influx of poorfags with stacklets entering negate this?

>> No.30204107

>>30203843
Why would people want to pull out? Large stacks are incentivised by the rewards not by any gas penalties.

>> No.30204112

Lemme axe something else; does higher token price mean we accumulate Bnt rewards more slowly?

>> No.30204120

>>30203843
how would a bettet product incentivise to pull out. if you mean poorfags pulling out then who cares. big dick stacks can pull out now anyway

>> No.30204122

>>30203843
Why would they pull out? Gas is a non issue for people in the pools that matter anyway

>> No.30204230

>>30204112
Nope

>> No.30204337

>>30204112
Pools have fixed amount of weekly allocated BNT rewards. If you provide 30% of the pool liquidity you get 30% of all the rewards.

>> No.30204590

>>30203843

Actually no, because gas costs are already earned back in a few days (at least for me). I actually think more people will enter the pool when gas prices are lowered (lower entry barrier).

>> No.30204957
File: 55 KB, 995x768, GREEN.png [View same] [iqdb] [saucenao] [google]
30204957

>>30200077
enjoy the rewards anon!
>>30202995
Nah, just enjoy dj fgt.

>> No.30205373

>>30200281
links?

>> No.30205476

bc even at $7 its only 2X ico price.. they were on sales for 100 bnt = 1 eth and sold at about $3.55usd

>> No.30206288

Everything else dumping
My Bancies staying danky at $7

>> No.30206756

>>30206288
Honestly I’d be happy with a short dip. I have money coming my way and want to increase my holding

>> No.30206990

>>30195666
Checked- at a minimum

>> No.30207066

>>30196388
Checked again- this

>> No.30207149

>>30197755
Checked again. And yep

>> No.30207313

>>30207066
Also checked

>> No.30207336

Any chance this dips into the 6s over the weekend? Unironically plan on buying this for my wife.

>> No.30207438

>>30207336
Bitcoin might be shitting the bed again so there’s a chance. Thing is with bnt we’re unlikely to have any real sell off as we’re all staked

>> No.30207480

WTFWT

>> No.30207497

>>30207313
The digits in this thread are crazy

>> No.30207550
File: 104 KB, 1190x917, Eu7Kr6JWYAU8B1g.jpg [View same] [iqdb] [saucenao] [google]
30207550

>>30206990
>>30207066
fyi anon, your valuable comments can be condensed into just one post
>>30207149
like so

>> No.30207585

my largest alt holding
i bought a bag at $2
we have a king wag up to go boys

>> No.30207591

>>30207438
I'll keep an eye on it, thanks. It's her money, so I'll probably just buy at the top and shrug

>> No.30207985

>>30198410
Here is a tip for small stacks that can’t afford staking yet:
1. Swap your bnt for vBNT here: https://app.bancor.network/eth/swap?from=0x1F573D6Fb3F13d689FF844B4cE37794d79a7FF1C&to=0x48Fb253446873234F2fEBbF9BdeAA72d9d387f94
2. Wait for Vortex burn mechanism to start. Right now the exchange is about .65.
3. When the peg hits .85 or higher swap back the vBNT for bnt
=FREE BNT

>> No.30208053

CdC are doing some sort of campaign, expect a lot of normies to join the club

>> No.30208097

Finally pulled the trigger and dumped 20 eth into this two days ago after watching it since 2$.
Already up 20% while markets are dhitting themselves.
What is this magic? Which pool do I stake in?

>> No.30208341

>>30208053
what's CdC?

>> No.30208431

>>30208341
centers for dease control
crypto.com

>> No.30208532

>>30208097
congrats and welcome. unironically the best play right now is this >>30207985 (probably a one time only thing, once the burn mechanism goes live (soon) vBNT peg will probably never be this low)
but not advised for uneducated newbancs.
staking: you have to balanace reward %s with likelihood of renewal and maybe size of stake vs size of pool. to be safe go in link or eth or wbtc. that's all i can be bothered to type out to help newfags today

>> No.30208648

am i staking the smallest stack here at 730BNT

>> No.30208655

I'm in Rune, Alpha, and BNT. All pumped hard as fuck and aren't capitulating. Rune dipped a bit but that's because it giga pumped after Bitcoin surged.

Feeling good about all my bags. Rune is my fave though, it's going to take me to Valhalla

>> No.30208801
File: 245 KB, 933x1563, 1613947441466.jpg [View same] [iqdb] [saucenao] [google]
30208801

>>30200132
>stakingpool.space
very based
>>30199576
>If the rumors that Arbitrum is much cheaper than Optimism for L2 are true, it will become undeniably THE dex.
I can only become so turgid
>>30207985
very based alpha for poorfags
>>30195804
>bancor is for chads who are holding and staking
>theres no sell pressure because we arent dumb fucking niggers
period

>> No.30208879

>>30208648
That’s a perfectly fine amount to stake

>> No.30208971

1000 bancor is one GTR

>> No.30209335

>>30208971
what do u mean

>> No.30209709

>>30209335
Nissan GTR is a 100k + car

Bancor $20 eoy

>> No.30209799
File: 138 KB, 709x842, arbvsoptimism.png [View same] [iqdb] [saucenao] [google]
30209799

>>30208801
1/2

>> No.30209802

>>30207985
What's the risk on this?

>> No.30209838

any reason not to short this garbage? its literally a jew scam. i remember it well from 2017. plus they are tight with justin sun, so that tells you everything you need to know.

>> No.30209922

>>30209838
>Jew scam
Just bought 100k

>> No.30209939

>>30209838
Short it and post proof

>> No.30209943
File: 44 KB, 530x386, arbvsoptimism2.png [View same] [iqdb] [saucenao] [google]
30209943

>>30209799
2/2

Arbitrum is straight up superior to Optimism (for now), is coming sooner and has serious implications for the DEX space overall, with Bancor poised to really eat into DEX marketshare in the coming months.

>> No.30210052

>>30195538
thank you niggers
i will be getting mcdonalds today in honor of all you faggots who shilled this kikecoin to me

>> No.30210056

>>30209838
this is the worst attempt at bancor fud i've ever seen

>> No.30210226

>>30209802
Low. The only real risk is not knowing how long until Vortex starts burning. Should be soon but they haven’t given us an exact date.

>> No.30210274

How big of a stack to make it

>> No.30210471

>>30210226
It's going to be a lot sooner than originally planned because the burn is being changed from a dynamic burn to a linear one (simplifies the contracts and makes them cheaper in terms of gas)

This can be implemented much easier and faster than the original plan.

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

>> No.30210524

>>30210274
730

>> No.30210564

>>30199708
I believe I read that restaking doesn't cause your rewards multiplier to reset, only withdrawing the reward or unstaking does. After 28 days when you reach 2x multiplier that applies to all your previous rewards in those 28 days so from then on is the best time to withdraw them if you're going to

>> No.30210605

>>30210226
this is only risky though if you took your vbnt and are degenning with it or made a bad investment.
I haven't touched my vbnt, ive just held it out of fear. doing the same with my SNX vbux

>> No.30210687

>>30210564
Yeah you could have a monthly withdrawal schedule if you like.
I’ll almost certainly be restating and compounding

>> No.30211524

>>30209335
>>30209709
100 eoy

>> No.30212521

i have some BNT i want to stake. how do we decide on which pool to join? just choose the one with highest apr and a pool that wont expire soon?

>> No.30213398

>>30212521
Pretty much. I think the stablecoins are having their rewards halved, so a safe bet will be Link or eth but you should work out what’s best for you desu

>> No.30213586

>>30195666
i hope so anon, i fucking hope so

>> No.30213589

>>30195538
Because in bear market it prints money and in bull market there is a risk of a bankrun and you could lose everything. It's why the APY is so high, it's high risk.

>> No.30213786

>>30200407

Bancorian leak kek

>>30200476

It’s being heavily discussed

>>30200576
Someone has to make profit, why can’t it be you anon?

>> No.30213816
File: 1.98 MB, 2400x1600, Bancor BNT Vortex Glow small.png [View same] [iqdb] [saucenao] [google]
30213816

Buying some more sweet sweet BNT on this dip baby

>> No.30213960

>>30212521
the ETH, LINK, and wBTC pools will definitely get extended, likely until early next year. of the three, I like LINK the best right now due to the combination of APR and rewards

>> No.30215098

>>30200407
For real? Imma set up 15 wallets to swap ethbnt on in that case

>> No.30215612

>>30195538
Redpill me on this shitcoin anons

>> No.30215949

It dumps after everything else, it still dumps tho

>> No.30216347

>>30215949
>7% up from BTC and ETH
still fine

>> No.30216372

>>30216347
Give it a day or two

>> No.30216380

>it's another BNT moons a day before I get my paycheck episode

>> No.30216799

>>30213398
>>30213960
thank u desuu

>>30215612
they wont

>> No.30217136

>>30213589

Why would there be a bankrun?

>> No.30217227

>>30216372
>Q u Q
Sorry i'm not selling, also your ID is gay

>> No.30218350
File: 111 KB, 900x900, BANC.jpg [View same] [iqdb] [saucenao] [google]
30218350

>BTC goes under 48k
>BNT still above 6.5