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Adrian-- ShibGF Trillionaire Whale🐋

Can someone explain why the SHIBGF pool was just sold

on Bancor?!??

#bancor #blockchain #cryptocurrency #english
0

12 ответов

10 просмотров
Ian AmaZix-

I see that you saw the reply, no need to worry, just in case others are concerned: https://t.me/bancortraders/363123

0
12.06.2022
glenn🗿-

But also, you can always look at our vault balances (including $shibgf) here https://etherscan.io/tokenholdings?a=0x649765821D9f64198c905eC0B2B037a4a52Bc373

0
12.06.2022
glenn🗿-
Mesquiteco
I'm seeing outs, as in someone sold.

They swapped shibgf for another token, correct?

0
12.06.2022
glenn🗿-
Mesquiteco
Yes

OK, this is normal. Swaps happen on our decentralized exchange all the time and essentially it is what the protocol was created for.

0
12.06.2022
Mesquiteco-
glenn🗿
OK, this is normal. Swaps happen on our decentrali...

How are they getting around the 7 day cool down? We haven't been staked for 7 days yet

0
12.06.2022
flymaster29-
Mesquiteco
How are they getting around the 7 day cool down? W...

Trades are not subject to a hold, which would be annoying...haha

0
12.06.2022
glenn🗿-
Mesquiteco
How are they getting around the 7 day cool down? W...

This only applies for when a liquidity provider withdraws their token deposits from the protocol (they need to wait for seven days). We don't need to wait seven days for when a pool goes live to enable trading. The only requirement from our end is to have a minimum of 10K $BNT in token deposited for us to enable trading.

0
12.06.2022
Mesquiteco-
glenn🗿
This only applies for when a liquidity provider wi...

So the "staking wallet" is actually a liquidity wallet?

0
12.06.2022
glenn🗿-
Mesquiteco
So the "staking wallet" is actually a liquidity wa...

When you stake in bancor, we make the tokens available for trading. We collect fees from the trades that happen and pass the yield over to our liquidity providers.

0
12.06.2022

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