Team one question to V3…for example „if you have staked

Question

Team one question to V3…for example „if you have staked

10K BNT and only 1000vBNT in your wallet you will still earn rewards for the 10K staked BNT correct? You will not get more vBNT but the value for your 1000vBNT will increase 🤔

#bancor #blockchain #cryptocurrency #english

0

20.03.2022

11 ответов

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Matt AmaZix

hi there, “When Bancor V3 launches, each BNT you stake in V3 gets you 1 bnBNT & 1 vBNT. Over time though, staking 1 BNT gets you less and less bnBNT and vBNT.” you can read about it here https://blog.bancor.network/bancor-v3-phase-1-governance-proposal-summary-b5b31bbc687d as for the price discussions please join the lp channel :)

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20.03.2022

DLink74 Автор вопроса

Matt AmaZix
hi there, “When Bancor V3 launches, each BNT you s...

ah ok i see… and what do i get for migration to V3 of 10K staked BNT 🤔

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20.03.2022

Matt AmaZix

DLink74
ah ok i see… and what do i get for migration to V3...

there will be a one click migration, have you read the article shared? * Any positions that didn’t reach 100% IL protection yet will immediately get there. * The gas cost is going to depend on how many unique pools you’ve staked in, but if you have multiple positions in a single pool, they’ll be batched together to save gas! * Rewards on v2.1 will end when V3 is launched.

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20.03.2022

DLink74 Автор вопроса

Matt AmaZix
there will be a one click migration, have you read...

yes clear but my question was what do i get for already staked BNT during migration to V3? if i stake new BNT to V3 it’s clear i get bnBNT and vBNT but how about migration of existing staked BNT… do i get only bnBNT because i don’t need vBNT to migrate correct?

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20.03.2022

Tenzent

DLink74
yes clear but my question was what do i get for al...

I believe it was mentioned somewhere that people should unwind their vbnt, might mean you need vbnt to migrate

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20.03.2022

Matt AmaZix

DLink74
yes clear but my question was what do i get for al...

no need for vBNT to migrate but its needed to unstake your BNT positions.

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20.03.2022

Galluz

Matt AmaZix
no need for vBNT to migrate but its needed to unst...

Hi, a question, when I migrate positions from v2.1 to v3.0: if I have 1000 vbnt before migration, after migration will I have my original 1000 vbnt plus 1000 bnBnt (if my original position had 1000 bnt)?

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20.03.2022

Ian AmaZix

Galluz
Hi, a question, when I migrate positions from v2.1...

HI, yes - you don't need vBNT to migrate, only to withdraw your BNT once you are in Bancor 3, same as v2.1. 😃

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20.03.2022

Galluz

Ian AmaZix
HI, yes - you don't need vBNT to migrate, only to ...

This is clear, then question was more what happen to my current vbnt balance after migration

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20.03.2022