/biz/ - Business & Finance

Carbon has the best UI in DeFi and the idea behind it is solid.
If you have ETH and LINK in Bancor you might be F-ed, but if you have stables you're gucci.
IMO if you're still in the DAI pool, take out the DAI at 15% deficit and buy BNT at $0.43 instead of waiting for 0 deficit, aka BNT at $0.80.
Might as well double your money in the meantime.
Or if you believe it will never hit $0.80 then why are you still in the pool? Take the cut immediately. Either way, absolutely no reason why you should keep your money there.

IMO once people figure out that that's the case, the $30m deficit will drop to $15m, with at least $5m dedicated to buying BNT (instead of just taking the loss). This will trigger more pools being in the clear, which will again pump BNT, and the whole reflexivity might take us to $2-$3 territory again. And once the deficit is down to something small like $3m-$4m, the Bancor Foundation will just cover it, opening a BNT bull season.

The first push towards that will be once 1inch integrates with Carbon, which is no more than 2 months away.

It's literally a massive opportunity in an otherwise boring market.

I'm off to have some sex, will respond once I'm back, feel free to hate me or ask questions in teh meantime. Also don't be afraid to offer suggestions, and tell me why I'm wrong in an arugmented manner, I bought almost 1m BNT between $0.40 and $0.50 and I'd like to hear your opinions on that.