Bancor is capturing an increasing share of swap volume from other AMM protocols on key tokens like LINK & REN
https://twitter.com/Bancor/status/1351185316770684928?s=20
Topic: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem - page 16. (Read 375877 times)
January 18, 2021, 10:22:54 AM
January 17, 2021, 06:09:26 AM
BNT holders currently earn around 25% of swap fee revenue generated by the Bancor protocol.
How?
The protocol co-invests BNT alongside LPs — eg, a $100K deposit of LINK triggers 100K of BNT emissions into the LINK pool.
These emissions earn swap fees burned for BNT
https://twitter.com/Bancor/status/1350759905746149380?s=20
Since these mechanics went live, BNT holders have earned over $300K USD.
📃 More in Bancor's recent protocol health report: https://blog.bancor.network/bancor-v2-1-protocol-health-report-january-2020-83338c904de0
January 15, 2021, 02:08:19 AM
How does every see Bancors growth for the future as an investment? I know the new version is relatively new, how is bancor set to increase its daily volume and become the best in its field and a more valuable asset? Would be great to get to the level of sushiswap / uniswap.
We'll let others do any speculating, but Bancor is well poised for organic growth, being the only solution in the DeFi space with no impermanent loss and single sided staking (no ETH required). Liquidity mining offers huge rewards too. See rewards offered on current liquidity mining pools: app.bancor.network/eth/dataAre you currently staking? I have some BNT I'm not sure if its currently worth staking
Conversion volume is increasing too, so APR from non-mining rewards is ramping up as well. Stay in a minimum of 100 days and there's no impermanent loss risk, so you'll withdraw your BNT + tx fees earned + rewards from liquidity mining.
January 14, 2021, 12:25:33 PM
Since Bancor v2.1 launched TVL has grown 1000%, driving $4.48M in annualized fees.
The value of fees earned by the protocol is 5X higher than the cost of IL protection.
https://twitter.com/Bancor/status/1349764811253538819?s=20
The value of fees earned by the protocol is 5X higher than the cost of IL protection.
https://twitter.com/Bancor/status/1349764811253538819?s=20
January 14, 2021, 08:58:40 AM
How does every see Bancors growth for the future as an investment? I know the new version is relatively new, how is bancor set to increase its daily volume and become the best in its field and a more valuable asset? Would be great to get to the level of sushiswap / uniswap.
We'll let others do any speculating, but Bancor is well poised for organic growth, being the only solution in the DeFi space with no impermanent loss and single sided staking (no ETH required). Liquidity mining offers huge rewards too. See rewards offered on current liquidity mining pools: app.bancor.network/eth/dataAre you currently staking? I have some BNT I'm not sure if its currently worth staking
January 14, 2021, 08:54:02 AM
How does every see Bancors growth for the future as an investment? I know the new version is relatively new, how is bancor set to increase its daily volume and become the best in its field and a more valuable asset? Would be great to get to the level of sushiswap / uniswap.
We'll let others do any speculating, but Bancor is well poised for organic growth, being the only solution in the DeFi space with no impermanent loss and single sided staking (no ETH required). Liquidity mining offers huge rewards too. See rewards offered on current liquidity mining pools: app.bancor.network/eth/data January 14, 2021, 08:24:34 AM
How does every see Bancors growth for the future as an investment? I know the new version is relatively new, how is bancor set to increase its daily volume and become the best in its field and a more valuable asset? Would be great to get to the level of sushiswap / uniswap.
January 14, 2021, 07:54:20 AM
Mike Novogratz tweets @Bancor commenting on the latest report analyzing the growth and overall health of the protocol.
https://twitter.com/novogratz/status/1349685342849392641?s=20
https://twitter.com/novogratz/status/1349685342849392641?s=20
January 12, 2021, 12:11:08 PM
Bancor governance has proposed a new mechanism to strengthen BNT fundamentals.
The "Bancor Vortex" seeks to:
- Add a small fee that charges LPs for IL insurance
- Create new revenue streams for LPs staking $BNT
- Deepen network liquidity
Check on how it works below:
https://twitter.com/Bancor/status/1349039254337425410?s=20
The "Bancor Vortex" seeks to:
- Add a small fee that charges LPs for IL insurance
- Create new revenue streams for LPs staking $BNT
- Deepen network liquidity
Check on how it works below:
https://twitter.com/Bancor/status/1349039254337425410?s=20
January 12, 2021, 11:30:56 AM
Bancor's approach to solving impermanent loss appears to be bearing fruit for the protocol and BNT token holders respectively.
Read more here: https://twitter.com/Cointelegraph/status/1349018430121398273?s=20
Read more here: https://twitter.com/Cointelegraph/status/1349018430121398273?s=20
January 12, 2021, 07:43:15 AM
Three months after Bancor launched single-sided liquidity & impermanent loss protection, we have released a report analyzing the growth and overall health of the protocol.
📃 Read the report: https://medium.com/@bancor/bancor-v2-1-protocol-health-report-january-2020-83338c904de0
Highlights: https://twitter.com/Bancor/status/1348971508975214596?s=20
📃 Read the report: https://medium.com/@bancor/bancor-v2-1-protocol-health-report-january-2020-83338c904de0
Highlights: https://twitter.com/Bancor/status/1348971508975214596?s=20
January 11, 2021, 06:00:47 AM
https://twitter.com/Bancor/status/1348577175381946368
Single-sided liquidity & IL protection is live on the $BNT pool on http://bancor.network
Earn $BNT rewards + swap fees w/ IL protection
https://twitter.com/Bancor/status/1348577175381946368
January 08, 2021, 08:53:08 AM
🏛 Voting on BIP10 is live in Bancor governance 🏛
BIP10 proposes updating liquidity mining to an ad-hoc system. Enabling gov to propose $BNT rewards on any token that meets whitelisting criteria at any time.
📜 Details: http://gov.bancor.network/t/bip10-ad-hoc-liquidity-mining-lm-program/345
🗳 Vote: http://vote.bancor.network
BIP10 proposes updating liquidity mining to an ad-hoc system. Enabling gov to propose $BNT rewards on any token that meets whitelisting criteria at any time.
📜 Details: http://gov.bancor.network/t/bip10-ad-hoc-liquidity-mining-lm-program/345
🗳 Vote: http://vote.bancor.network
January 04, 2021, 11:23:22 AM
Bancor contracts have deployed on Arbitrum testnet! Swaps on ETH L2 are faster, lower latency & 50x cheaper!
https://twitter.com/Bancor/status/1346127865067294730?s=20
https://twitter.com/Bancor/status/1346127865067294730?s=20
January 04, 2021, 06:25:27 AM
Catch Bancor's Head of Growth, Nate Hindman, for an AMA at Panteraico!
⏰ When: Tomorrow, Tuesday, January 5th @ 11AM GMT
🌏 Where: http://t.me/panteragroup
https://twitter.com/Bancor/status/1346054372569067523?s=20
⏰ When: Tomorrow, Tuesday, January 5th @ 11AM GMT
🌏 Where: http://t.me/panteragroup
https://twitter.com/Bancor/status/1346054372569067523?s=20
January 04, 2021, 04:27:50 AM
Bancor is currently exploring the development of a cross-chain bridge to Polkadot!
https://twitter.com/polkadotnews/status/1346016100895567872
https://twitter.com/polkadotnews/status/1346016100895567872
January 03, 2021, 02:02:16 PM
The Bancor V2.1 Meme Contest has concluded!
Head over to Bancor’s Discord server to vote for your favorite submissions in the #meme-contest-voting channel --> https://discord.gg/DFMJReazGg
- Bancor community will vote for 1 winner.
- Bancor team will select additional winners.
1,000 BNT in prizes will be divided amongst the winners!
Poll ends Thursday, January 7th at 12:00 PM Zug time.
Head over to Bancor’s Discord server to vote for your favorite submissions in the #meme-contest-voting channel --> https://discord.gg/DFMJReazGg
- Bancor community will vote for 1 winner.
- Bancor team will select additional winners.
1,000 BNT in prizes will be divided amongst the winners!
Poll ends Thursday, January 7th at 12:00 PM Zug time.
December 31, 2020, 02:09:13 PM
Bancor's December highlights have been released, including a peek into what's upcoming!
https://twitter.com/Bancor/status/1344719728561020930?s=20
https://twitter.com/Bancor/status/1344719728561020930?s=20
December 31, 2020, 08:28:33 AM
The @AaveAave pool on Bancor has crossed the $400K liquidity threshold & 12 weeks of $BNT rewards has been activated!
Current APY:
Money bag 184.17% on $AAVE side
Money bag 468.91% on $BNT side
+ Swap fees
Stake single-sided with impermanent loss insurance - http://ban.cr/StakeAAVE
https://twitter.com/Bancor/status/1344605455482576897
Current APY:
Money bag 184.17% on $AAVE side
Money bag 468.91% on $BNT side
+ Swap fees
Stake single-sided with impermanent loss insurance - http://ban.cr/StakeAAVE
https://twitter.com/Bancor/status/1344605455482576897
December 31, 2020, 08:26:59 AM
The $ETH pool on Bancor is expanding — now at over $30M — with space for over 5K $ETH!
LPs enjoy single-asset exposure & impermanent loss insurance + $ETH swap fees + $BNT rewards APY: 28.97% on $ETH side
165.81% on $BNT side + swap fees
https://twitter.com/Bancor/status/1344634589550149633?s=20
LPs enjoy single-asset exposure & impermanent loss insurance + $ETH swap fees + $BNT rewards APY: 28.97% on $ETH side
165.81% on $BNT side + swap fees
https://twitter.com/Bancor/status/1344634589550149633?s=20
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