/biz/ - Business & Finance

>>21537793
>love u fudder
>bnt bullgrazing begins

BNT is poised to become the gold standard among DEXs. Bancor’s new liquidity mining program + reflexivity scheme will allow it to grow AUM very quickly - they’re taking a page out of the SNX playbook with this The team is also extremely hard working and the main reason for their valuation discount is their large ICO ($153M war chest) Look past this and you have free alpha as ETH maxis continue to play them down https://defiweekly.substack.com/p/aave-credit-lines-usdc-blacklist-79f

Saying BNT will be a top 20 token is no joke. We could see this surpass BNB & possibly even pave the transition from CEXs to DEXs for the ecosystem as a whole. $50 BNT is very reasonable in the next couple years. $10 EOY. $5 in short term

BNT is relatively under the radar, but was the top performing DeFi token in Q2 & is still the most undervalued DeFi by price to earnings (PE) ratio. The key metric VCs use to evaluate investments. https://twitter.com/RyanSAdams/status/1283499638209814529?s=20

Tim Draper & Mike Novogratz know & are invested.
https://twitter.com/TimDraper/status/1269706719149477888
https://twitter.com/novogratz/status/1269645263955779591?s=20

Sergey Nazarov gets it & blogged about Bancor V2. Wrote it's likely to attract investment funds wanting to provide low risk liquidity on an AMM. Basically this means the founder of Chainlink sees institutional finance making a big DeFi play with Bancor V2 (uses LINK oracles in every pool) https://blog.chain.link/challenges-in-defi-how-to-bring-more-capital-and-less-risk-to-automated-market-maker-dexs/

Coinbase exploring BNT listing https://blog.coinbase.com/coinbase-continues-to-explore-support-for-new-digital-assets-2c5b84813fcf

BNT staking rewards coming after Bancor V2 that will create extreme FOMO to buy up & lock up most of supply, building massive price pressure. Exactly what happened with SNX in late 2019: https://blog.bancor.network/bancor-staking-rewards-ad432e5d590d