Ninjastic
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Board Tokens (Altcoins)
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
by
Boqueron
on 15/01/2021, 07:08:19 UTC
Quote from: mrgdizzle on January 14, 2021, 01:58:40 PM
Quote from: Boqueron on January 14, 2021, 01:54:02 PM
Quote from: mrgdizzle on January 14, 2021, 01:24:34 PM
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 on some pools. 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.