answer to in the FAQs:
1. When one provides liquidity, does he get an LP token or an NFT?
2. I read the swap fees vary on each pair; in what range? How are they distributed?
3. Can anyone create a pair on Bancor?
4. How do liquidity incentives work? Are they only in your token or one can bootstrap liquidity with his own token? How?
Thank you!
hi there,
hi there, let me get back to you on this.
hello, got news?
Will get back to you ASAP! 🙏️️
1. LP token. This is the bnTKN token. 2a. It is across the entire range. 2b. For existing pools, the BancorDAO voted for 10% to be distributed back to the LPs while 90% is used to buy and burn BNT. 3. There is a whitelisting process for v3 ~ https://support.bancor.network/hc/en-us/articles/4417632669458-Whitelisting-process 4. Anyone can bootstrap liquidity. This would a proposal to the BancorDAO.
so in order to have the pair MEMECOINXXX-ETH for example on Bancor I have to get whitelisted?
Keep in mind Bancor V3 is proposed to be sunset in favor of Carbon: https://gov.bancor.network/t/proposal-to-start-sunsetting-bancor-v3/4279
Does this mean if I have ZCN staked on V3 I should unstake and move off before sunset or lose them? Thanks Nate.
Each pool will only be affected once it reaches surplus.
I would suggest taking a look at Mark's response, the 2 recommendations he makes, to the above linked proposal. It should make things much clearer.
Ofc. If it still isn't clear, don't hesistate to add your questions there. Alphavalion's been super responsive, and I'm sure Mark will as well.
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