Hi, can anyone here give me their input on my

Question

Hi, can anyone here give me their input on my

risk assessment?

1. -> If we continue 'waiting it out' the liquidity provided on the protocol may see a drastic decrease in the next day or two, as for most the "Cooldown" would have ended by then. If more LPs decide to withdraw and take a 40-50% hit (depending on the pool) on their positions, how will that affect those that decide to keep their positions in the protocol?

Inherently, is there a risk that our current "loss" can increase further? The way I understand it, the more people exit the protocol, the less liquidity we have, but the deficit will also decrease with it. Am i missing something here?

In this case (since BNT minting is also paused), there is a minimal risk waiting vs. withdrawing.

#bancor #blockchain #cryptocurrency #english

0

25.06.2022

6 ответов

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Data Whale Автор вопроса

Cham AmaZix
We cannot say for an exact rate but your position ...

BNT minting has been paused. Also, IL is only a minimal part of the 'loss' suffered, remaining comes from the deficit on the protocol. I understand that if BNT price tanks more (possible), IL on the position may increase, but in fact it would be minimal compared to the deficit loss we are offered with. Anyone else can provide input on my take?

0

25.06.2022

lesigh3100

Data Whale
BNT minting has been paused. Also, IL is only a mi...

As you said, the larger factor right now is the deficit

0

25.06.2022

Schaps

Well if BNT goes on plunging your loss will certainly be bigger. It could also become 100% loss if enough people decide that it's not worth the risk to wait on an eventual team solution and deem it safer to bite the bullet now and save what can still be (given the misinformation we've been fed, I wouldn't blame them). Or you could trust that the team finds a solution... Then again, they've blocked V2.1 people from being entangled in the V3 carnage, using them to alleviate the losses of their mess and have repeatedly fed us BS about "iL iS fRoZeN" when it's simply not just the case. It all comes down to, do you trust them to deliver in acceptable timing or not. I don't.

0

25.06.2022

Data Whale Автор вопроса

Schaps
Well if BNT goes on plunging your loss will certai...

They would reduce both deficit and liquidity when they withdraw. So others that “wait” wouldn’t inherently lose more by others withdrawing.

0

25.06.2022

Data Whale Автор вопроса

Data Whale
They would reduce both deficit and liquidity when ...

Are you able to comment on this @LinkSemper ? Is my take correct here or am I missing something ?

0

25.06.2022

Cham AmaZix · Accepted Answer

Cham AmaZix

We cannot say for an exact rate but your position will gonna be subject to volatility in terms on price + IL (since it is paused). To discuss the specifics of this, you may enter here: https://t.me/bancortraders to build conversation from fellow LP and traders. Thanks. 😊

0

25.06.2022

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