Latest tweet from Nate in regards to the $EMN debacle yesterday. I think Andre tried to use an early version of the Bancor bonding curve without some of the nuances encoded behind the scenes, leading to yesterday's flash loan fiasco. We all saw what happens when gentiles and their primitive intellects try to use technology mastered by the Jews. Bancor v2.1 is coming, anons. Prepare yourselves. Shalom.
Bancor: All your LPs belong to us
Sebastian Torres
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Chase Wood
25K BNT stacklet reporting in. My body is ready for v2.1. Let's go!
Thomas Murphy
BNT’s new tokenomics with super high staking rewards and Bancor V2.1s new pool design that mitigates impermanent loss will cause all DEFI liquidity to flow to Bancor's pools, creating a feedback loop of larger liquidity pools > super lower slippage > more trade volume > higher staking rewards and more demand for BNT. Because Bancor V2.1 enables single token exposure (staking of any supported token) Bancor liquidity pools will suck up even more assets & liquidity. Liquidity aggregators like 1inch, DEX AG, Kyber and Paraswap will come to source the vast majority of their liquidity from Bancor V2.1 pools. BNT is taking a page out of the Synthetix playbook with a cookie cutter copy pasta of SNX that makes it so anyone who locks BNT in Bancor pools will earn insane inflationary rewards. This will generate massive FOMO into BNT to stake liquidity and create very strong liquidity pools that rank in the top of DefiPulse. Supply of BNT will shrink on all exchanges and will be very easy to pump.
Carson Nguyen
Wow bancor being a scam
Surprising , it’s almost like they didn’t Extend what was meant to be a restricted ico so the could line their pockets with more $$$ with no regard for the original terms and conditions
Been a scam from day 1 they should be in prison
Bentley Cruz
Agreed, user. Once they release the next iteration, it's going to be a massive FOMO rally when everyone seeks to escape the shitty-designed copycat LPs. Bancor v2.1 is going to literally change DeFi as we know it.
Eli Thomas
More breadcrumbs...
Hunter Garcia
erm user, they extended the ico because literally all of ethereum was trying to buy BNT at the same time and it crashed the network, so in order to let everyone who was going to miss out get their tokens they extended it for another hour. there was also a price floor after the ICO and anyone who bought BNT had the option to get their ETH back for free for like a month if they if wanted to. also Bangor is one of the most useful and elegant protocols ever created in blockchain. literally everyone is building an AMM now based on Bangor's original concept. there would be no uniswap, balancer, curve or sushiswap without bangor. the v2.1 is going to absolutely melt faces when it comes out with the only solution for resolving impermanent loss in AMMs and also has single token staking.
Juan Lee
Andre got got by the Jews. FUCK YOU ANDRE CRONJE KYS
Anthony Myers
fuck off pajeets
not buying anything that has to do with this failed project
Chase Davis
LOL, stay poor, brainlet.
James Fisher
How v2.1 different from v2? You guys shilled Bancor v2 non stop but that has no adoption
Julian Johnson
>goldmine for sophisticated arbs
Hmmmm... anyone care to explain this part?
Kevin Anderson
See the EMN flash loan hack. That's the type of arb he's talking about.
Connor Wood
v2 was a beta release, which far too many anons failed to note as they rush from one project to the next. The next iteration will include massive upgrades to the protocol as well as more pools with higher caps. They're also creating a DAO and LP rewards.
Jaxon Edwards
thats by design. v2 was beta, v2.1 is the full release. impermanent loss mitigated, single token staking enabled, dao, gov tokens (presumably). theres only been bread crumbs dropped, but its clear a major release is coming, especially since the bancor github repo went private last week. theres been no news for over 6 weeks, which is highly unsual for bancor. BNT also rage pumps on the slightest bit of news. It did this from every single tweet Bancor put out for months from May til the end of August and rage pumped all the way from 30 cents to nearly $3. Its about to happen again. and the same thing is happening on biz. a few smart anons shilling it with everyone in denial about whats going to happen. then it will pump 1000% again. BNT was the top performing defi token in Q2 and in the first half of Q3. Its going to $15 before the end of year, absolutely, easily, whenever some official news comes about the v2.1 launch and we know its imminent user. I M M I N .... YES IMMINENT
Asher Turner
>bread crumbs
what you mean is promising things that they will not deliver on, just like with the V2 release
just fuck off pajeets, stop trying to scam biz
Adrian Gray
I was hesitant to even post these Twitter breadcrumbs, as I'd like to scoop up more at these rock bottom prices, but I relented. Considering the low token supply, if you fill a nice bag now, the price will sky rocket once the masses take notice.
Henry Jackson
They did deliver with v2, with regards to it being a beta release that mitigated impermanent loss and provided nice returns to LP providers. But they only released two pools with low caps, which must be why you're seething about the PA of late.
Gabriel Adams
I am a 5 foot 11 blue eyed aryan pure bred, and the only bread crumbs theyve posted have come in response to questions holders are asking. theyve actually officially said nothing. i could care less if u buy BNT or not, I just want to be able to say I told u so when this shit moons again.
Adam Hughes
bnt and bzx following the same patterns, could have joined synthetix/aave/uniswap/yearn as the top dogs in defi but instead kept making incompetent mistakes, got hacked, promised to fix shit in v2 re-launch, v2 going nowhere, more fuckups, patience and trust are gone...
Xavier Russell
Based Aryan is based. He knows an opportunity when he sees one, even if it comes from those evil manipulators of the banking and entertainment industry.
Matthew Torres
LOL, you do know BZRX got hacked twice, right? And Uniswap leads to people who pool getting absolutely rekt by impermanent loss. Synthetix and Aave are different animals, so please stop with the baseless comparisons.
Jayden Turner
two completely different projects. yearn was literally just fucking hacked because incompetent andre consistently posts shitty unaudited code and no one has actually talked about it until emn rekt all of the degens in defi. its part of the space. but all of that aside, maybe patience on behalf of many has gone, and thats great because this means BNT is going to pump to kek when people least expect it.
Angel Russell
and the Bancor DAO will be working along with CoinBreeder.
Jose Wilson
what does that mean?
Henry Martin
I would like samus to pee in my mouth
Owen Harris
hate to break it to you, youre not a bnt stacklet, you are almost in the top 200 wallet size
Levi Sanders
Right? Strange humble brag from that user. 25k is Stack Mountain.
Nicholas White
I have a lot of BNT and hope to fuck that 2.1 lives up to the hype, but there's a lot of downplaying of the shitshow that was "v2" in this thread.
There's no need to ignore the fact that "v2 beta" was a shitshow that was represented as a much more comprehensive launch than it was.
If 2.1 is another "work in progress", 10% finished launch then we are in for a world of pain. There's no point denying that or downplaying what happened at the end of July
Matthew Nguyen
It's designed to make you fomo by making you think you need a big bag, typical biz shill