Did they even say why?

Question

Bancor Protocol

TheDefiDon

Did they even say why?

#bancor #blockchain #cryptocurrency #english

0

08.07.2022

6 ответов

18 просмотров

Genghis Jhan

Indeed they did If ILP was not halted, the first ones withdrawing would have been made the most whole - and each subsequent withdrawal would have gotten less and less TKN until the slowest people ate 99.99% losses

0

08.07.2022

LosDiablos

Yes, multiple times. If they didn't do that you would have absolutely zero dollars as the protocol would have spiraled. Right now you do not have zero, and if you withdrew during the IL pause, well, you had to click the button that said, "you're dumb, this is why you're dumb, but go ahead, click me" good luck with your court case.

0

08.07.2022

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LosDiablos
Yes, multiple times. If they didn't do that you w...

I for myself decided to suffer 42% IL. I put in 100 ETH into ETH-Pool on Bancor. And after a year I only got 58 ETH back. Personally I think it is better to get 42% less before it is too late and lose 100% (this is what happens to most Terra LUNA and UST speculators). Bancors liquidity pools get drained more and more. People don’t trust Bancor, cause they cheated on us advertising 100% IL protection (which doesn’t exist unless the last people leaving the pools pay for those exiting earlier). Bancor will for sure not „pause“ IL protection. This is a never ending „pause“, believe me. Right now there is no IL protection while APY is as low as 1%. Other pools also don’t offer IL protection, but the APY is 20-40%. I wonder why the earnings on Bancor as such low as only 1%. This Bancor project is so dead. Only 1% while other pools offer 20%. This shows how less people trust this project. P.S. Please don’t ban me. I am honest and never write bullshit

0

08.07.2022

TheDefiDon Автор вопроса

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I for myself decided to suffer 42% IL. I put in 10...

I’m thinkytge same thing

0

08.07.2022

Genghis Jhan

👋
I for myself decided to suffer 42% IL. I put in 10...

>he isn’t in the #1 pool on Bancor of all time, LPL

0

08.07.2022