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Rich-Ducre

Hi Guys, not sure if anyone I chatted with previously

is still around.

Our fund has been re-allocating over the past month, beginning to DCA back into projects.

We left BNT on good spirits 2021 and have a question mark on re-allocating back into BNT (for a third time 😅).

One of the main issues that moved our risk tolerance into an exit previously was we were sitting on sizable BNT that our bylaws wouldn’t allow LP on (seeing the markets pretty wide) so it was beginning to devalue against inflation (no fiscal loss only growth as exited in the run up whilst LPs were locked in).

Issue now of-course the supply has gone through the roof if we re-enter.

So have a few questions around that…

1) is BNT going to (envisioned) move to its own chain which can utilize its own Atomic Swap process to function as is and incorporate the numerous competing L1s alt-coins?

- reducing gas
- increase execution speed
- makes BNT a gas that can reduce supply via deflationary transaction burns

- What mechanics if something like above does not occur, will Bancor/BNT propose/offer to reduce the supply side and incorporate additional utility lines to push demand?

Thanks

- Thought I’d do publicly as others might have ideas and I no longer have access to the BNT warriors group 😂 liked my times in there during BNT 2:0 / 2:1 discussions and enjoyed providing input, hopefully Mark (@MB_Richardson) is still around.

#bancor #blockchain #cryptocurrency #english
0

2 ответов

19 просмотров
Y.D.-

welcome back

0
10.07.2022
Craig-

even with ILP and liquidity rewards bancor was only the fifth leading dex behind sushi and balancer. Fallout from the current situation makes it unlikely to increase market share. Even if the current situation hadn’t happened, something like moving to an independent chain isnt on a public road map and might take 18 months and puts bancor into even bigger competition vs Osmosis and the like That’s my take. What gives you so much optimism Rich?

0
10.07.2022

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