Комьюнити Binance
Binance English
WazirX Discuss
Baby Doge Coin
PancakeSwap
HTX English
HEX.COM
Ecomi
MultiversX - Community
Terra Classic - $LUNC
Alien Worlds - Official
Moonbeam & Moonriver Offi...
Gate.io International (En...
Kadena Official Telegram
MOBOX
COTI - Currency of the In...
FTX - Built By Traders, F...
Solana
Frax Finance
Nexo Community
Oasis Network Community
Sonic Marines
Velas Community
WAGMI: Chainlink Communit...
Kava Official
Casper
TRON OFFICIAL MAIN GROUP
![[Official] The Sandbox](https://image.telq.org/channel_avatar_1281420755_2862693542595241897_mini.jpeg){kind=avatar}
[Official] The Sandbox
Nexera
Polygon Official Communit...
Ergo Platform
Telos Community
Monero XMR
Trust Wallet English
Axie Infinity (RU)
Star Atlas - Real Officia...
BitTorrent BTT
Ethereum Ru
Cosmos Network ~ $ATOM
Reef Global Community
Raydium Protocol
My Neighbor Alice: NFT + ...
Boba Network Official
IoTeX Official Group
Venus Protocol
Constellation Network
Energy Web
DeFiChain - International
LGCY Network
Litecoin
Anchor Protocol
Orion Community
Pirate Chain Official (NO...
Ocean Protocol 🌊
Bitcoin Cash (BCH)
Ripple - XRP
Injective
Illuvium Official Chat
Mdex English
Celer Network - English
SingularityNET Community
Zilliqa Official Chat
Algorand
Avalanche (AVAX) - Offici...
Ultra Discussions
Chiliz/Socios.com ($CHZ) ...
Nervos Network
Helium
Mina Protocol
EOS
FUNToken Ecosystem Chat
Amp Community
Synternet
Swipe
Fetch.ai
VechainOfficial - VET & V...
Waves Official 🌊
NestJS — русскоязычное со...
![1inch Network [EN]](https://image.telq.org/channel_avatar_1476277235_6217731104408976704_mini.jpeg){kind=avatar}
1inch Network [EN]
Reserve Protocol
Sentinel dVPN - Contribut...
BakerySwap
Bancor Protocol
Alchemy Pay Official
Origin Protocol
Axie Infinity
Celo - Official
Neutrino Protocol - Offic...
Bonfida
Hedera Community Chat ($H...
Ellipsis Finance Communit...
WOO Community
Everscale RU Community
Kyber Network Official
The Codeby
Yield Guild Games Officia...
Akash Network
Astar (prev Plasm) & Shid...
Neo Smart Economy (Offici...
Chainlink Official
XDB Chain Superchannel (t...
Zcash Community 🛡ᙇ
BNB Chain Community
Cardano Official
IDEX Official Community C...
Prom Chat
TokoToken (TKO) Discussio...
Linear Exchange Community
Phala Network Official - ...
Lido
BitDAO
SwissBorg
Ontology English
Cartesi Official Communit...
Syscoin Official
Conflux English
Pundi X Official | Englis...
LUKSO Blockchain | LYX
SunPump Official Communit...
TRON DAO Russia
Mirror Protocol
🐕 $ASS: Australian Safe S...
DENT/DENTX - OFFICIAL
Persistence One Community...
Chia Network RU (unoffici...
WINkLink Official
Pro Windows
Ravencoin
Flow CIS Community
SKALE
DigiByte Discussion
Holo
BSV Enterprise Utility Bl...
Ankr Community
Electroneum
The Graph Official Commun...
Everscale Community
Quant Community Channel
Telcoin Community
Unibright Official Commun...
iExec RLC Official Discus...
Shiba Inu: The Dogecoin K...
yearn.finance (YFI)
Power Query ru
Tezos
Nano (XNO) Official Engli...
Band Protocol
Coin98 Super Wallet - Cha...
IOST Community
Viction Community Chat
PolkadotRu
Metal DAO | $MTL
ICON Project (Official - ...
Flow Community [unofficia...
BTCST Community
Verge Currency
Яндекс Диалоги (сообществ...
NKN Official
Aave Fam | NOT Airdroppin...
Hive.io
Audius Official 🎧
Dash
Dogecoin
DeChat — TON, Ethereum & ...
Agile, Scrum, Lean, Kanba...
Automata Network
TitanSwap
Loopring English Communit...
Project Serum
Basic Attention Token
Perpetual Protocol
Stella XYZ
Polymath
IOTA Tech
PEAKDEFI Official
aelf (ELF) Community
Mask Network
RU.CRYPTOGRAPHY — Криптог...
Decred (DCR)
Ethereum Classic ETC
Threshold ✜ Network Chat
Bifrost & BiFi Global 🌏
Ren
Waves Community (Ru) 🌊
Orchid Official Community
Convex Finance - Chat
eCash ( XEC ) English
PlayDapp Official Communi...
Bitcoin Diamond
Stellar Lumens XLM/STR
![bt[c]hat - крипто чат #1](https://image.telq.org/channel_avatar_1128684367_7496384835071933_mini.jpeg){kind=avatar}
bt[c]hat - крипто чат #1
Terra Luna classic
StormX Official Channel
Aragon 🦅
ru_nexus_sonatype
Stratis Platform
Filecoin
Autonomi
Bitcoin Gold Official - G...
Dawn Protocol [FirstBlood...
NEM Official (Symbol & NI...
KOK Chain K Stadium Offic...
Whitecoin| Official Teleg...
Ardor Community
Welcome to the Aave unoff...
NEAR Protocol Official
SafeMoon
Theta Network
Horizen (formerly ZenCash...
Golem Network Discussion ...
Hey guys Last Monday I withdrew 100 ETH but I
only got 58 ETH due to the pause of IL protection. I lost 42 ETH due to a false promise from Bancor. Bancor promised IL protection, but it was a fake advertisement.
Other liquidity pools like THORSwap do not offer IL protection, but the APY rewards with ETH are around 40%.
On Bancor, APY is only 5% for ETH Pool, but it's safer since I get IL protection from Bancor (ok, it was a false promise as I found out on Monday).
But I don't understand something:
1. Why did I only get 5% APY without IL protection (THORSwap offers 30%-40% APY)?
I think it is fair if I get
a) high 30% APY without IL protection OR
b) low 5% APY with IL protect
As for now I got rekt. Bancor only gave me +5% APY, but gave me -42% less back. This is a huge loss for me.
This is why I come to my other question:
2. Bancor has treasury funds (its equal 40 million USD) that exists to cover these losses. Why does Bancor not cover these damages with this kind of insurance money?
Why do Bancor keep these treasury money for themselves? while liquidity providers pay for the damages that were caused by Bancor (Bancor invented and advertised the IL protection mechanism, it was clear that this cannot work in a fast falling market).
Why do users need to pay for the damage, why is it not covered by Bancors treasury?
11 ответов
Fucken heavy
Bancor does not have a treasury
Is thorswap thorchain?
Bancor does not have a treasury
@JensTelegram thanks for all you guys are doing. I'm curious, it was stated earlier that the bancor foundation holds the treasury funds and, even though they are a separate entity, they are fully committed to the well being of the protocol and its users. If this current situation poses a threat to bancor's existence then wouldnt the foundation step in and do everything they can to try to save the protocol and its users?
@JensTelegram thanks for all you guys are doing. I...
Hey Kamil. Thank you. I can't speak for the foundation, but you're correct in saying that they are a separate entity and therefore have no liability or obligation.
Hey Kamil. Thank you. I can't speak for the founda...
Thanks for the response. Don't mean it in the wrong way but even if they don't have a legal liability, if the whole purpose of their existence is ensuring the well being of the protocol then should they not be stepping in even if they are not obligated to do so? I know it's not your call to make and you are only conveying what you know but just curious if the foundation has said anything about supporting or not supporting the protocol regardless of how things turn out
They do!
DAO Treasury ≠ non profit swizz org
DAO Treasury ≠ non profit swizz org
What are their actual liability and obligations?
Похожие вопросы
Обсуждают сегодня