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Leonardo-

Can'T the BNT token really absorb $40M of sell pressure?

That's basically nothing

#bancor #blockchain #cryptocurrency #english
0

6 ответов

17 просмотров
Leonardo- Автор вопроса

Yeah I just saw the current market cap is tiny. I thought it was in the billions. So if you want to assure everyone get at least their position you could stop swaps for a period of time and let LP's withdraw with ILP

0
11.08.2022
Leonardo- Автор вопроса

If you implement this people won't be able to dump BNT for token the moment they receive their position and everyone would have a window of time to withdraw. Cons: BNT will dump hard. Pros: Bancor would fullfil its obligation with users

0
11.08.2022
Yudi-Levi | Bancor
Leonardo
If you implement this people won't be able to dump...

people can trade the token elsewhere, so I don't quite understand how that could work

0
11.08.2022
Leonardo- Автор вопроса
Yudi Levi | Bancor
what do you mean?

The fear was that only the first LP's to withdraw would be made whole. Well that's not true if you suspend swaps for a period of time

0
11.08.2022
Leonardo- Автор вопроса
Yudi Levi | Bancor
people can trade the token elsewhere, so I don't q...

There is no liquidity for any serious swap of BNT outside of Bancor. Even then people withdrawing from Bancor would be made whole anyway

0
11.08.2022

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