Were you in the BNT chats on Twitter where Mark

So you are now blaming the protocol for designing itself towards retail? For trying to create a safer and simpler user experience? The risks were disclosed from the beginning. The risks in DeFi should be clear when you’re using it.

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14.07.2022

Ivo Dj

0xbart
So you are now blaming the protocol for designing ...

I don't remember any risk being disclosed to me before I deposited

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14.07.2022

Flannelhandler Автор вопроса

Ivo Dj
I don't remember any risk being disclosed to me be...

I'm not sure on this, I would love to see the disclaimer shown when depositing but I'm unable to find it now that deposits are closed

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14.07.2022

0xbart · Accepted Answer

Bancor is a fully on chain system. Anyone who uses that system assumes the risk, seeing as the code is fully open source and visible to all users. This fact is disclosed in the terms of service in the UI. You can cherry-pick whatever claims you think were misleading. Mark and Nate were independent contractors paid by the foundation to explain and simplify these concepts. If you took that as “promises” or “guarantees” that is your problem. The only guarantees are in the code - which unlike centralized, closed source systems - is fully available for everyone to see and analyze. Numerous third-party auditors reviewers the code. ILP was live for 2+ years. To say something was hidden is simply untrue.

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Were you in the BNT chats on Twitter where Mark

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