Thanks for reply.....understand that everyone working hard to fix issues

Question

Thanks for reply.....understand that everyone working hard to fix issues

etc and i appreciate yr hard work....been a bnt fan for a while...in this case just wondering if the issue was common...i had usdc on v2...migrated to v3...all good...but when it came to withdraw, only got about 1/2 the amount....on etherscan the total amount is there for initial transaction, but final amount dispersed is in 1/2....if i give you transaction hash will that help?

#bancor #blockchain #cryptocurrency #english

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02.07.2022

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Rajeev AmaZix · Accepted Answer

As a result of ILP and BNT minting being paused. Due to the way Bancor’s smart contracts work, if you withdraw from the protocol while BNT minting is paused, you are exposed to both the impermanent loss as well as any deficit arising from re-balancing. so keeping BNT issuance live, for example, to cover losses arising from AMM rebalancing would have resulted in that BNT being immediately traded for TKN, contributing to most users losing everything.

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Thanks for reply.....understand that everyone working hard to fix issues

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