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Topic: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem - page 16. (Read 375814 times)

jr. member
Activity: 614
Merit: 1


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
jr. member
Activity: 658
Merit: 3
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

Are you currently staking? I have some BNT I'm not sure if its currently worth staking
Yes, and it's definitely worth it for BNT holders. According to current APR, you'll 2.5x your BNT holdings over the course of the year based on the APR some pools get, if you just keep an eye on the end date of each pool's participation in LM.

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.
member
Activity: 1330
Merit: 10
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
newbie
Activity: 39
Merit: 0
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

Are you currently staking? I have some BNT I'm not sure if its currently worth staking
jr. member
Activity: 658
Merit: 3
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
newbie
Activity: 39
Merit: 0
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.
jr. member
Activity: 331
Merit: 1
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
member
Activity: 1330
Merit: 10
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
newbie
Activity: 45
Merit: 0
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
jr. member
Activity: 331
Merit: 1
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


jr. member
Activity: 331
Merit: 1


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
jr. member
Activity: 331
Merit: 1
🏛 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
member
Activity: 1330
Merit: 10
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
jr. member
Activity: 614
Merit: 1
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
jr. member
Activity: 331
Merit: 1
Bancor is currently exploring the development of a cross-chain bridge to Polkadot!
https://twitter.com/polkadotnews/status/1346016100895567872
member
Activity: 1330
Merit: 10
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.
member
Activity: 1330
Merit: 10
Bancor's December highlights have been released, including a peek into what's upcoming!

https://twitter.com/Bancor/status/1344719728561020930?s=20
jr. member
Activity: 658
Merit: 3
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
jr. member
Activity: 658
Merit: 3
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
member
Activity: 1330
Merit: 10
Hop into single-sided reward pools on Bancor to earn:

- BNT rewards on either side of the pool
- impermanent loss insurance
- swap fees while maintaining 100% exposure to the token of your choice.

https://twitter.com/Bancor/status/1344281773010726914?s=20
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