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Nice farming opportunity going on @Bancor for $wbtc $eth $link $bnt $usdc $dai $usdt $ocean $renbtc
$bnt in the 500%+ stables in the 90%
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$bnt in the 500%+ stables in the 90%
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This is with $bnt incentives which is about to be passed through. Last I checked yesterday, there were 0 votes against.
Deposit now and rewards will be retroactively given after proposal is passed.
Deposit now and rewards will be retroactively given after proposal is passed.
APY will be unstable based on $bnt price and amount of liquidity in the pool. However, 2 positive points
Pools are capped and pretty close to cap already
$bnt didn't just come out yesterday. The coins price will be way more stable than for example $bond when it started at $150
Pools are capped and pretty close to cap already
$bnt didn't just come out yesterday. The coins price will be way more stable than for example $bond when it started at $150
Single sided exposure. So you only need to put in one token. After 30 days staked (and not withdrawn) you get 30% IL protection which increasese 1 percent a day.
So a little after 3 months you're completely protected from IL.
So a little after 3 months you're completely protected from IL.
Note: BNT withdrawals get locked for 1 day before you can claim back your token.
I think the APY calculation is for all BONUSES included.
You get a bonus multiplier the longer you leave your token in.
Multiplier I believe increases once a week for a total of 8 weeks. (or 12, i can't remember).
You get a bonus multiplier the longer you leave your token in.
Multiplier I believe increases once a week for a total of 8 weeks. (or 12, i can't remember).
