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Please kill me
Daniel Adams
Jordan Martin
Ethan Fisher
did bancor ever solve impermanent loss
Jose Lee
I am truly amazed at the ability of Bancor's team to fuck things up.
Here comes v2.0. Oops nevermind huge issues, can't really solve impermanent loss.
Oh boy, here is v2.1. Solved impermanent loss with some weird insurance round about. Oops our fucking UI sucks dick and blows tons of wallets. If this shit ever hits $1 again I am running for the hills.
Andrew Morales
Yes, they made it permanent.
Brody Gonzalez
The real fuckup was the retooling of the token from something that carried to the whole weight of the BNT side of balancing pools, to something with an elastic supply that was basically just a governance token.
If your whole network needs a high BNT price to work (by increasingly liquidity) and you just make it a governance token, then, well, this happens.
Michael Peterson
kek
Dominic Nguyen
The fact that this bloated ass shit ICO managed to create another generation of bagholders is a sight to behold
Levi Collins
OH SOMEBODY KILL ME PLEASE
Brody Long
Basically. My ROI has been pretty good in the v2.1 pools... Should recover losses by 2025.
Evan Taylor
why anyone thinks a governance token is a good investment is beyond me
Brody Harris
it wasn't a governance token when we bought it a few months ago, that's the problem. they've pivoted about 5 times since then
Elijah James
idiots get scammed again
Bancor is literally the worst project in crypto
$150M rasied, nothing was ever deliver
fucking useless scumbags
Easton Carter
Should I leave this boat with a loss and start trying to recover with a peomising project, or should I try to sail this motherfucker till the storm is over?
Christopher Adams
That's your call, user. You should look into The Graph, though. Token isn't out for another month.
Oliver Evans
what a incompetent team
Joshua Long
incredible
Juan Ramirez
what the fuck is going on
i nearly got margin called on my BNT long earlier this week and closed my position at a massive loss
Nathaniel Brooks
I can’t believe I’m seeing this thread in the catalog right now
I haven’t been here since 2017 and I thought this scamcoin died after like 3 months
Caleb Harris
Joshua Ward
Its 2nd.
Tezos is the worst, bancor is 2nd
Easton Long
like a dagger to my sides
Nolan Martinez
how did this happen bros. this is not the liquidity black hole I was promised
Zachary Adams
too many pivots. they need a stronger incentive to buy and hold BNT. Governance alone is worth jack. i have seen people suggest that any fees earned by the protocol BNT (that currently gets burned) should be paid to user BNT stakers. That would be a start. When your whole platform relies on a high BNT price to function, they better come up with something good.
Jaxon Collins
Who's even selling right now? Is the the new elastic supply model dragging down the price? One user tried to warn everyone but was called a fudder
Brandon Stewart
Bancor founders are devoted to keynseian economic theory. Bancor was always doomed, always.
Matthew Mitchell
how many more times can they change tac. just get the feeling they're flailing hard. over promise, under deliver
Daniel Robinson
someone sold 1.4 million BNT today
Levi Ortiz
explain to me why the link oracles solution couldn't work? was it an issue with oracles or the bancor team itself being too retarded? could another team apply the same idea successfully?
Robert Moore
arbs could front run the oracles because they can't update quickly enough without spending a ton on gas
Lincoln Baker
have you read this?
blog.chain.link
seems like it's about solving this issue, no?
plus once L2s are live, gas costs will be reduced
Benjamin Morgan
What happened to the liquidity black hole?
Jayden Cruz
The jew is slippery.