Can anyone of the admins answer my questions please... 1) Bancore

Question

Can anyone of the admins answer my questions please... 1) Bancore

V3 is live and not in beta anymore, is that right ?

2) you guys currently still in Dawn phase, right ? any announcement when is the next phase is coming and what type of updates it has ?

3) if I assume that the WBTC pool is proving 10% rewards paid in BNT and 3% APR paid in WBTC and i staked 1 WBTC, this means that after one year i will have 0.03 WBTC from the APR and 0.1 WBTC paid in BNT? is that right? would you explain how the rewards is calculated ? this 10% in the example is a percentage of what?

4) if i stake WBTC using Metamask which is connected to my ledger then i will get bnWBTC which will be stored also on my ledger and i should be able to see my bnWBTC is growing everyday in my ledger without doing anything and i should also see BNT in my ledger that coming from the rewards, is that right ?

@BrunoOro @KINGKeso

#bancor #blockchain #cryptocurrency #english

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26.04.2022

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A.M . Автор вопроса

T⬡kenized
1. We're still in beta phase. Details in the BIP p...

so i can use my ledger right ?...and the bnWBTC as you said will not grow in numbers it's value will be higher..so when i want to withdraw my staked token once i provide the bnWBTC i will get back my staked token + fees and rewards ?

0

26.04.2022

T⬡kenized · Accepted Answer

1. We're still in beta phase. Details in the BIP post 2.Yes, dawn phase now. Next will follow after release, no ETA 3.You earn rewards in two ways: liquidity mining (rewards issued in BNT as incentives) and from trading fees. Trading fees will always be in the same TKN you deposited. Some projects might offer dual-LM meaning you'll get both tokens as rewards, besides fees. 4.Your bnWBTC won't grow in numbers, but it's worth will be higher: as more people join the pool, their share of bnTKN is smaller.

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Can anyone of the admins answer my questions please... 1) Bancore

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