The worst is putting your retail investors in the predicament

Question

The worst is putting your retail investors in the predicament

of losing 45-60% of their deposit or potentially losing 100% of it if you cant figure it out. Why should we have faith in a team that didn't see this coming?

#bancor #blockchain #cryptocurrency #english

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20.06.2022

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Mark · Accepted Answer

That's the shitty thing about these types of markets, you don't see it coming until it's too late. Could they have thought about this happening? Sure. Then again so could every investor that invested in the protocol. I don't think this will really hurt retail investors except in some niche cases. If they hadn't done it then BNT would probably have trended to 0 and only people that already unlocked or were in the process of unlocking would have maybe gotten some value from the ILP. The rest would just be left with their share of original coins and worthless BNT.

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The worst is putting your retail investors in the predicament

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