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Harry-A

Can someone please explain the deficit to me? I cant

withdraw a token without taking a loss and want to better understand the mechanics.

#bancor #blockchain #cryptocurrency #english
0

2 ответов

25 просмотров
John-

In short, they turned of impermanent loss protection during the market downturn about a month ago because it was leading to a death spiral where the people who withdrew immediately sold off their BNT for IL protection which further dumped the price of BNT, which led to more IL and more withdrawals. So ILP was turned off so the protocol wouldn't die

0
17.07.2022
Harry-A Автор вопроса
John
In short, they turned of impermanent loss protecti...

will it likely recover over time or is it assumed to be a permenant issue? thank you for the timely reply

0
17.07.2022

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