Market buying about 70k worth of BNT on ETH and USDT pair now

I have been waiting since the crypto bubble popped back in Q1 2018 to become a millionaire again. Everything feels like they will deliver I'm gonna stay up for the launch.

Fucking jelly of your giant BNT stacks. Baby BNT bull checking in.

20k stack here. My only concern is that gas fee's will be too high compared to uniswap to draw in trading that will incentivise LPs.
I'm a Burger so i don't actual use bancor exchange, can anyone here speak to what gas fees are like on bancor compared to Uni?
I only ask because I've heard that it cost like $5 to make a trade on Kyber, and I'm wondering if Bancor might be the same

What time in Europe?

This is your springboard to riches. Bullrun is starting and you have BNT. Compound those gains lil nigga

Isn't this a universal concern with all DeFi projects built on the Ethereum network? Gas prices are high across the board right now due to high usage.

Same shit everywhere. Blame Vitalik.

Yeah but there is big difference in cost between platforms -- i assume this is based on the complexity of the smart contract -- Uniswap is pretty simple and low cost, whereas something like 1inch, which (from my understanding) deployed multiple contracts to get the best price from various exchanges, can be relatively much higher.
I was just wondering where bancor falls on that spectrum

Someone redpill me on this. I'm reading the whitepaper now and it appears that they use the Bancor token to solve liquidity problems (as in the networks and smart tokens hold a reserve of the token wanting to be traded?) but I'm having trouble understanding a bit. Will have to read it again.

Bancors fees have come way down. Ethereum is a fucker though.

Please, someone tell him

bro don't read whitepapers unless you have so much time. It doesn't fucking matter only read it if you enjoy learning about it, don't read it because you want to rationalize your investments. I'm up 50x from my initial and have never read a whitepaper since 2017 meme bubble

I only read them if I'm seriously thinking about them. It's what got me to get in link so long ago.
It's fine if nobody wants to tell me. At least a link to a summation or where I can dyor

If v2 drops tomorrow it'll be 80% daily candle minimum

this will get you started. there are lots of good medium posts by the team that help explain
blog.bancor.network/beginners-guide-to-getting-rekt-by-impermanent-loss-7c9510cb2f22

What am I looking at as a 3.3k stacklet?

100 usd isn't out of the question at peak bull

Do we have official stack rankings? What're the suicide and make it stacks for the BNT bulls?

No need for that jeetery until we are approaching the peak of the bubble

But how will I know if I'm on track to make it, user?

Id say 10k is something to aspire to. Sounds like a lot to some folks but i think $10 EOY is pretty reasonable, which would a pretty nice down payment

The bottom line is solving impermanent loss is a meme and bancor cannot do it. This shit is going below a dollar next week

Thanks, user. These fudders are relentless.

point me to specifically where, in this article that chainlink wrote about Bancor V2 solving impermanent loss, the math is incorrect.

blog.chain.link/challenges-in-defi-how-to-bring-more-capital-and-less-risk-to-automated-market-maker-dexs/