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

/biz/ - Business & Finance

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49963807 No.49963807 [Reply] [Original]

uhh bancucks, care to explain?

>> No.49963918
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49963918

>I TRIED SO HARD AND GOT SO FAR

>> No.49963934

>>49963807
Not looking good for LINK

>> No.49964046

WE LOVE YOU CHAINLINKGOD <3

>> No.49964055

>>49963807
Impermanent loss isn't calculated based of price, it's calculated based off link/bnt ratios in the pool according to some pre defined curve

>> No.49964342
File: 136 KB, 751x841, banc2.png [View same] [iqdb] [saucenao] [google]
49964342

>>49963807
bancor isn't using correct terminology because it doesn't matter what "the masses" understand

>> No.49964419

>>49963934
lmao are you some kind of special retard?

>> No.49964426

>>49963807
Case by case basis, no refunds. Thanks for playing liquidity providers, not only did we get to short link using your liquidity to suppress the price, but we now get to just keep half your stack without even giving you our chuck-e-cheese tokens - and these were worthless to begin with.

>> No.49964514

>>49964342
>how does it matter was is referred to by the masses?
>how it does matter is was referred by to the masses?
ftfy

>> No.49964521

Didn't this faggot shill this for years and years?

>> No.49964537

>>49964521
yes
but he got out on time so he's not as angry
also he said on discord that he finds what bancor is doing extremely shady, but he doesn't want to lose his connections he made there so he's cutting them some slack publically

>> No.49964569

>>49964537
>but he doesn't want to lose his connections he made
Oh vey

>> No.49964578

>>49964521
>>49964537
>>49964569
Or, Bancor's shady dealings weren't obvious to anyone and only came to light recently.

You faggots and your headcanon.

>> No.49964597

>>49964578
>Or, Bancor's shady dealings weren't obvious to anyone and only came to light recently.
Cope the jewish ship meme was made in 2017.
Also
>He doesn't want to lose his connections
Oh vey

>> No.49964605

>>49963934
Has nothing to do with link. Link is just the token being stolen from the depositors

>> No.49964617

>>49964597
>Cope the jewish ship meme was made in 2017.
And yet not even /biz/ could poke holes in Bancor's model these past few years.

>Also
>>He doesn't want to lose his connections
This is your headcanon.
He's openly shitting on Bancor.

>> No.49964664

>>49964617
>And yet not even /biz/ could poke holes in Bancor's model these past few years.
You work for bancor. /Biz/ has always shat on bancor because it's token has shit Tokenomics. It was obvious. You don't belong here.

>> No.49964677

>>49964664
>You work for bancor. /Biz/ has always shat on bancor because it's token has shit Tokenomics.
Let's be perfectly honest here; the absolute last thing you should listen to when it comes to tokenomics is /biz/.

>> No.49964702

>>49964677
Anon go away. /Biz/ complete destroyed bancor on day 1. Just let every other project that is link or it's horse boy. I dont have the meme of the ship but im sure someone else does.

>> No.49964710

>>49963807
>>49964537
Again proving he's just a brainlet who pretended to be high IQ LINK spokesman, embarrassing

>> No.49964712

>>49964702
>/Biz/ complete destroyed bancor on day 1
/biz/ claims to have "destroyed" Chainlink too.

>> No.49964720

>>49964537
>also he said on discord that he finds what bancor is doing extremely shady
Are you retarded? He’s literally saying it on twitter, it’s literally the OP pic.

>> No.49964738

>>49964712
>/biz/ claims to have "destroyed" Chainlink too
/Biz/ is /link/

>> No.49964741

>>49964712
Paid fudders have "destroyed" chainlink with their token not needed retardation. Bancor was legitimately criticized constantly and so were all the other stupidly huge APY platforms.

>> No.49964758

>>49964741
>Bancor was legitimately criticized constantly
Chainlink got criticized by /biz/ a million times more and worse than Bancor ever was.

And I'm very confident that "a million times" isn't even hyperbole.

>> No.49964762

>>49963807
They socialize all IL over all positions. This means people got advertised no IL and they instead got mega IL.

Bancor promoter v2.1 and then capped stablecoin pools for the health of the protocol, meaning insiders got to print risk free stables at a ridic return while the whale dao kept pointing emissions to those pools.

They advertised vbnt to sell for higher exposure, why not sell ur vbnt, use the vortex. Then they changed the tokenomics of vbnt for b3 and insiders traded this news (you can see this in the graph clearly)

They heavily pushed some pooling bnt contract cuz of the high gasfees, just use xbnt or something like this it was callew. It off course rugged.

They claim big depositors withdrawing as some attack on the protocol to justify their actions. They used monte carlo sims to similate their tokenomics model when human actions are rhe furthest thing from random. They made outrageous claims that why not just use bnLInk to stake with guys. They currently still steal 0.25% of a deposit and withdrawal while giving no ILP service for it. Oh did i mention they also still trap you for 7 days. The entire community is full of coping retards, bancor is over, no one will have big capital/treasury management over there ever again when you can wake up by some overallocated dao foundation granting itself emergency powers to rug you for 50%. Oh and all while advertising new depositors only hours before.

They belong in jail.

>> No.49964834

>>49964758
Please go back. Lying is a sin and you clearly have no idea what you're talking about. Jesus is messiah.

>> No.49964853
File: 4.00 MB, 3600x2744, 1656145784488.png [View same] [iqdb] [saucenao] [google]
49964853

>>49964834
You know I'm right lol

>> No.49964911

>>49964853
>Fudders spam the same crap day after day
>Chainlink destroyed
Yikes ngmi.

>> No.49965005

>>49964911
Most of those posts in that pic were followed by another 50pbtid fudtard rampage.
And that’s just the absolute tippy top of the iceberg.

Be less new next time, please.

>> No.49966542

3 bancor posts, you celsius trannies are working overtime

>> No.49966593

>>49965005
The 50pbtid retards do that in actual discussion threads. Those are just the spam threads posted by retards like the schwabposter

>> No.49966610

t. crypto ponzi

>> No.49966651

>>49966593
The 50pbtid retards do their thing in literally any Link thread about any Link fud, no matter how retarded. This includes shit like schwab retardation and token not needed.

If you'll notice, nearly all the posts in that image contain non-pasta text. They are as sincere as can be.