So Bancor V2 provides the same functionality as Uniswap but better from the user standpoint, meaning there is plenty of real demand for usage straight away, and the countless yield farmers can deposit liquidity with a single-asset pool to farm trading fees in the same way as they would farm ponzi tokenomics with a lending protocol? Is this really the great one that merges the real demand we have for swapping tokens with the real supply of people who just want to leave their assets somewhere to get yield? The missing link of DeFi? There's no way, right? What's the catch?
So Bancor V2 provides the same functionality as Uniswap but better from the user standpoint...
Nolan Price
Other urls found in this thread:
blog.chain.link
twitter.com
Brandon Wilson
This is the one. Sergeys blessing.
Adrian Ortiz
you nailed it user. bnt is cracking open the door to let the golden bull in. bnt holders will be the first to be graced with its golden touch
Joshua Bennett
I'm scared though, they've had their smart contract be drained of funds through a vulnerability in the past. Do they really have what it takes to pull it off? I got a small BNT stack but I'm not sure I want to leave my linkies there yet.
Ayden Hill
And they obviously learned to triple check everything as a result. They undergoing intense code audits as well as a public bug bounty that lasts until July 30. Assuming nothing catastrophic is discovered, this will go ape shit once v2 is live.
Kayden Lopez
BASED
I am mainly in BNT, but also got a sidebag of CAP
why?
because I noticed a lot of CT influencers were secretly accumulating and are waiting for the beta launch in August
proof
buy here
app.uniswap.org/#/swap?inputCurrency=0x43044f861ec040db59a7e324c40507addb673142
whitepaper here
cap.finance/assets/cap_cst_wp-v1.pdf
Aiden Johnson
I'm all in on BNT user. Make of that what you will.
Sebastian Murphy
If theoretically my linkies skyrocket to $1000000000 in one day how can I have full exposure for it if that privileged exposure is going away to buyers? How the fuck does one square that circle into a zero-sum? It seems too good to be true.
Logan Gonzalez
Basically by creating an arbitrage opportunity to incentivize rebalancing of the pool.
Additionally there will initial be a cap on how much can be placed into each pool so that the whole system grows at a pace that can accommodate large withdrawals
Lincoln Cooper
the nonshilling and silence of bnt is making me hard. it just keeps flying under the radar for most of biz. whats a make it stack in a year?
Eli Thompson
just bought 100k, thanks
Gavin Gutierrez
depends on your definition of making it
Jace Rodriguez
Are all of the other coins still balanced with BNT in this new iteration?
Wyatt Morgan
Are you talking about this?
Liam Peterson
Yes
Xavier Ortiz
Wyatt Sanchez
JEWISH SCAM- anons beware of the bancor jew shills
Michael Nguyen
I don't get it, I can just stake my bnt or link and earn free money?
Owen Hernandez
>non-shilling bnt boner alert
60K stack here. I actually anticipate a delay in release. Why? The code is beautiful, but there's a lot of it and it's extremely complex. This will probably take longer than people realize to fully audit. When it's released though it will likely shock competitors with how it really works. I predict a main net release in August. Which may create an opportunity to buy the dip if market responds negatively. But a month after V2 is on main net, say by early to mid-September, it will already be creating serious waves and proving its superiority compared to other AMM solutions out there. By end of the year Bancor will be the top DEX having become the favorite AMM for LP staking. By then there should also be staking rewards live which will increase incentives to lock up supply and drive price up more. Coinbase listing is a toss up. But if it comes that will throw gas on everything and BNT could hit $50.
Benjamin Peterson
Ethereum will shit the bed before the golden bull run, I am not optimistic about ETH 2.0 either
Nathan Lee
>possible delay
>mfw I pulled out of AMPL last week for BNT and I could be up 40k
AAAAAAAHHHHHHH
Colton Brown
Yes. And everyone is going to jump to stake their bnt. Increasing the price, thus increasing the reward, in turn driving more people to stake. Rinse and repeat.
This thing is going to go parabolic once this cycle starts to take hold
Brandon Brooks
2k stacklet reporting in.
Jose Hernandez
Just my take user. BNT is not a short term P&D play, but a little patience could provide whoever is making a big play on this with sustainable wealth for a very long time. Very few outside of hardcore DeFi and smart money circles fully grasp the implications of what Bancor V2 will do when its live. If it does what its meant to team has then it will wipe out all AMM competition and be competing with Coinbase and Binance while also pulling in liquidity from traditional finance. This is a multi-billion dollar market cap play, not going a daily rebase P&D.
Elijah Mitchell
Liar
Ian Stewart
I'm fucking 100% convinced on BNT, it's a sure play. Just that I could have 3x my BNT stack and actually achieve make it wealth.
Really tempted to swing AMPL/BNT to try and increase my stack...
Christopher Sullivan
What's make it wealth for you user? All relative really.
Joseph Bennett
7 figures after tax
I guess I can settle for 100 oz of gold instead though
Nathan Mitchell
200 stacklet here on suicide watch
Gavin Murphy
If all goes well a 50K to 100K BNT stack could achieve that within 6 months to a year. Maybe sooner. I'm aiming for 7 figures as well, but would be ok with less too. I'm as convinced on BNT as as you are too, which is why it takes up more than 50% of my portfolio.
David Butler
still gonna make it
Liam Jones
fuck it I think I'm going to swing with AMPL and see where I end up
>if I held AMPL and rolled in to BNT today I'd have 32k BNT
>instead I have a mere 9.8k
feels like i'm getting too greedy because I know where this will end up and I just want to accumulate more