$SUSHI

Worth going into sushi? Ever since uni farming ended people are moving into different services like sushi and bancor. Sushi has a higher ATH and it got it in this period compared to bancor

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Depends what you're looking to stake. If it's ETH, LINK or a stablecoin, stake it in Bancor and get the liquidity mining rewards. Anything else stake it on Sushi

no i mean i just want to hold the farmed token like $sushi or $bnt can it moon or will people just dump it?

Buy BNT and stake it in the LINK pool. There is over 300% APR in that pool at the moment for BNT staking.

do i have to 50/50 it like uni?

Nah 100% BNT.

Interesting thanks

Ive got another question did they ever figure out the non impermanent loss that they were trying to implement?

If you stake for 100 days you'll get full insurance against impermanent loss, but that's a bit of a sidenote compared to the large returns from their liquidity mining promotion they have running at the moment.

so then in those 100 days the most optimal condition is that bancor and link dont moon right?

you'll only suffer impermanent loss if you withdraw in that time. if you hold the whole 100 days you won't have to worry about it.
and it's not so much you hope they don't moon, but you hope they stay balanced. so if they both mooned at the same rate that would be fine.

thats nuts so after 100 days i would still keep my initial value and any other accumulated coins?

yep thats the whole appeal of bancor

thanks brah thats pretty based

actually how are you getting the 300 apy number it says on the site that the link pool gives 13%?

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13% is the APR from fees. Look further to the left. APR from the liquidity mining rewards is over 300%

i see and after those 81 days it could change but for now it will remain at that locked rate?

no the APR will go down as more people get into the pool, because the rewards are shared across everyone in the pool. 81 days is how much longer the rewards will be getting paid into that pool on a weekly basis.

you mean that for 81 days you are able to compound your mined coins weekly and after that you wont be able to?

>Checked and based.
Anyone not providing liquidity on Bancor right now, especially on the BNT side absolutely deserves to stay poor.

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is 10k BNT enough to make it?

Look at the damn rewards column brah. Shows 333% if you stake on the BNT side and 62% if you stake on the Chainlink side of the pool. The 13% APR is an additional yield you collect from the trade fees.

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>hacked 5 times
No thanks

fuck chink scammers.

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i get it now but not the 81 days counter

>1 BNT is enough
That'll probably be worth about $100,000 by EOY

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I'd go with Bancor if I was you, they just launch their liquidity rewards, some pools have 300%+ APY, and more importantly BNT market cap is only 80M

bnt is shitcoin user, just look at their fucking website lmao its a joke. $150M and they can't fucking a build proper website lmao

Lol this guys is a Uniswap cuck fanboy, I feel sorry for you

Liquidity mining rewards last for 12 weeks on each pool. Every 2 weeks new pools will be added. Full rewards program is for a year and a half.

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so after 81 days link wont get the liquidity mining rewards anymore? and isnt it not a good idea to hold bnt because of the elastic supply to make up for lp protection?

I have 27k bnt and will put them in pools on bancor

Get rich easy way with bancor

Supply is burned when you stake into the pool, not staking is what will hurt you.
But seriously, why would someone say no to a 300%+ APY plus swap fees plus Impermanent loss protection