Zig Forums is not paying enough attention to this. Yet.
>blog.chain.link
Zig Forums is not paying enough attention to this. Yet
I posted this earlier. No one cares anymore, just a bunch of banal fud.
How the fuck is this not causing a stir here. I'm honestly mystified. Chainlink are basically pointing at the possibility of massive institutional liquidity provision to DEXes and nobody cares.
I think most og marines are actually on Twitter now. I find information there much faster then on here when something new comes out now. Used to be the other way around.
most og marines have their bags packed. They know they're going to be rich. They're enjoying the remnants of their normal lives until the singularity
this article is honestly kind of over my head
seems good tho
Just read the quoted comments below the OP. That's the main thing you need to take away. What Bancor is offering makes it possible for high value institutions and crypto projects to start providing large amounts of liquidity for dexes, which would be a huge step forward in making dexes more functional, cheaper and better than centralised exchanges.
LMAO watch them say "Why didnt biz tell me earlier" when it 2x after V2 launch
thanks
it's kind of wild that big announcements from other projects are coming in the form of chainlink blog posts
> yet another fucking blogpost duckroll
Lmao nice blogpost sergey I'm sure millions of people are reading this
correct
&
correct
Will this make the link token value go up though?
Jesus, calm down. People are seeing it now.
Not directly. It would be huge for the Bancor token though (assuming it works as intended).
2x is still just 160m cap. If Bancor becomes the institutional liquidity protocol its going into the billions.
I honestly think those of us who are interested in LINK already own as much as we want to/can afford, and those who think it's a scam will continue to believe it's a scam even after it reaches $1000. They'll just say "oooh look it's dumping to $880, kek. scam!"
I really should just leave this board. I'm just buying as much as I can afford, it's not like I'm gaining anything more from this place. Also like said, I'm getting all the news about the project from twitter either faster or just as fast as here. Maybe I'll come back for the lulz when we do moon. It really is a nice place to be when we're all making tons of money. Other than that it's extremely depressing
From what I understand this is more about the bancor token is it not? Would the mechanism described in the OP cause an increase in the value of the link token?
this. imagine lurking on here with the rest of the DMG and RLC pajeets. kek.
Twitter isn't user though. You have to deal with all the bullshit that comes with egos and online identities. I can't stand it.
this, it's fucking brutal. Plus the constant thoughtwar being expressed in the trending tab. I hide all those elements with an adblocker tho
I'm in LINK, obviously, and then I chose BNT and LEND as DeFi mid term winning horses. I'd like to have DMG, AVA, AMPL, RUNE and REN as well, but... let's see how it plays.
AVA's token distribution is too fucked. 2% go to the public. It's Hedera all over again, which I refuse to buy on principle. Makes Chainlink's 35% seem positively generous.
bought 15k BNT at $1
wont sell until $14/BNT
If they deliver as promised, this will happen much quicker then people realize
kind of skeptical though since it all seems too good to actually be true
another way to tell whether chainlink hit the bottom is by looking at other crypto and see if they hit the bottom. i couldn't tell if it hit the bottom the last time
I'm trying to manage my excitement and expectations but it's looking really good. Chainlink are always extremely reserved when it comes to shouting out other projects but that blog post is incredibly bullish.
Removing impermanent loss and allowing single asset staking looks, from here, to create a platform that large liquidity providers would want to use.
With a v2 release date set you can only imagine the audits are done, or at least going well. This is the first time I have felt truly bullish about something since LINK.
Same. Joined twitter 3 months ago, followed the OGmarines and top defi guys, blocked everyone else. Comfy
i don't see how they could have done much to mitigate impermanent loss unless they have a mechanism to buy lost liquidity from pools (dex or cex) outside of bancor. it makes no sense otherwise.