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K-

Can someone confirm if we have a path forward now?

Missed the call, any positives?

#bancor #blockchain #cryptocurrency #english
0

5 ответов

21 просмотр
John-

If you want productive talk, you really need the foundation to make good on their promise of 100% IL protection to re-instill trust in the protocol but more importantly make Bancor credible enough to new LPs. Right now any rational LP will not dare put their money into Bancor if they know the fees will only be used to pay off bad debts and they have no IL protection at all.

0
10.07.2022
Rich-Ducre

Where was this promise made, was it a promise in committing funds from the foundation, or a promise based on the code success expectations?.

0
10.07.2022
John-
John
When they stated "100% IL protection".

Explicit contract. "Contribute liquidity in consideration for 100% IL protection"

0
10.07.2022
K- Автор вопроса
John
If you want productive talk, you really need the f...

Thanks John. Using fees sounds good in theory but the protocol is damaged and the crypto market is in a bad state. Then you consider that bancor hasn’t been deployed on other L1/L2s and the slice of the pie is too small Completely agree that users must be made whole before the team even consider changing the protocol as trust is completely broken

0
10.07.2022

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