Discuss

>At withdrawal, the protocol will try its hardest to give you everything back in the token that you deposited but in rare occasions when the protocol hasn't had enough time to make up IL experienced by LPs in fees then it will compensate you in $BNT.
>rare occasions

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lmao
someone tell the retard not to withdraw. Were in the process of a huge migration so liquidity is all over the place.
Devs have stated multiple times in community calls that they will work to reduce how much of your stake gets paid to you in BNT and get rid of it completely where possible.

Have any of u guys, even try to withdraw in the past? Seems the rare occasion is not so rare

IT is rare retard. The amount of Bnt in circulation that has been created due to IL IS LESS than 2%
Do I need to mention that 3.5% of the token has been bought back and burnt during this time too?
Cope more you fucking UNI bagholder
dune.com/queries/13918/27879

what if everyone wants to cash out and bnt collapses? or they keep having to mint more useless bnt and it goes into a luna like death spiral.

notice how everytime someone posts about getting screwed by bancor, there is always a bancor employee close by to reassure everyone that this was a special circumstance?

yep they turn up quick but not that quick
clearly they're getting alerted when something comes up

Isn't it crazy how dick heads like yourself play the victim in these boards, instead of researching simple facts about bancor? No other protocol looks out for its users like BNT does.

>i should have never bought bnt and kept my eth and just put it on coinbase to stake instead of taking a chance on an israeli ponzi
5% in eth2, but its locked forever, you can't get it out till eth2 fully launchs(never)

This board is the asshole of crypto where all the flies converge and buzz around while waiting for the shit to come out. There is no doubt that Chainlink, Monero, and a dozen other hype whore projects have paid teams combing over posts and threads 24/7.

I've withdrawn successfully with no loss. Only about $20k worth though, I'm not Das Uberwhale like the plebbit. Fully understandable why he wasn't able to pull everything in 24 hours if he's taking a significant fraction of the pool. Should have either done it in batches or chosen his timing better. A couple months in either direction probably would have made him whole, but he had to pull it during a major system upgrade like a retard.

Bancor essentially has the same retarded underlying principle as Terra did. In the event that your withdrawal can not be compensated in dollar terms, you get protocol minted BNT to make the difference. Protocol fees will never be able to cover a bank run, it just has not happened with Bancor. And don't fucking say it will never happen.

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>I've withdrawn successfully with no loss. Only about $20k worth though, I'm not Das Uberwhale like the plebbit. Fully understandable why he wasn't able to pull everything in 24 hours if he's taking a significant fraction of the pool. Should have either done it in batches or chosen his timing better. A couple months in either direction probably would have made him whole, but he had to pull it during a major system upgrade like a retard.

im of two minds, he fucked up not taking this out like 6 weeks ago, that was the his real mistake, he waited to try and take it out weeks after v3 launched and the eth all moved over to v3, so the 2.1 pool has had most of its eth removed at this point...
I am sympathetic to a point, but the guy parked a fucking shitload(for most) ether out there and didn't pay attention to what was going on with the protocol.
his best move is to migrate it to v3 which will cost a few hundred bucks then withdraw.