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K1NGKOIN-

Hi, anyone know why the deficit for BTC and ETH

has increased while Link has decreased?

#bancor #blockchain #cryptocurrency #english
0

4 ответов

16 просмотров
Skiznilly-

Deficit is based on the relative price performance of BNT vs other tokens, since BNT is the matching asset on all Bancor pools. In this case, ETH and BTC have both strongly outperformed BNT, whilst LINK has underperformed BNT.

0
17.07.2023
K1NGKOIN- Автор вопроса
Skiznilly
Deficit is based on the relative price performance...

How much in fees are being allocated to reducing the deficit every month?

0
17.07.2023
Skiznilly-
K1NGKOIN
How much in fees are being allocated to reducing t...

Most all of the fees, really... the issue is that hasn't been enough to make BNT outperform the market and reverse the deficit. Lots of LPs withdrew with haircuts, so liquidity on Bancor is worse, so volume is down, so fewer fees are generated.

0
17.07.2023
K1NGKOIN- Автор вопроса
Skiznilly
Most all of the fees, really... the issue is that ...

Yeah, I thought Carbon would boost fees but seems like there's barely any users.

0
17.07.2023

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