Most likely crabbing and consolidation under 6$. It has too cool a bit after this pump
Fellow BNT chads
Benjamin Watson
Andrew Wood
Don't buy BNT
Buy vBNT, right now it's trading for around 70% of the price of 1 BNT, so once the pair stablizes (
Nathan Cox
no one knows where it will stabise in short term. but the idea is good, however you are missing out on lm rewards and fees. and if pair does not stabilise at 0.9 in couple of months - you are better off staking. imo low stacks should buy vbnt to avoid paying gas. big stacks can leverage
Nathaniel Davis
Anything under $10 is a steal imo. Vortex upgrade is a game changer.
Wyatt Morales
Couldn't you just keep leveraging this over and over again?
Zachary Scott
Can anyone that was in the call earlier confirm that they said March is possible for Arbitrum?
Thomas Martinez
only in theory - as you increase your leverage your stack becomes illiquid and you would have to wait ages to become liquid again from fees. also big gas fees make it impractical to overleverage. and in case some big dick stack kept selling vbnt for bnt the rate wouls become so bad that it wouls not be worth doing it
Matthew Garcia
>March
I was in that call yesterday and brought up the information.
Someone asked about Arbitrum and first they said April/May, but then also threw March as a possible launch date in the room.
Personally, I think April is more realistic. On the other hand, they quickly launched Vortex and they are testing since end of January.
Dominic Johnson
are the staking rewards from the the locked BNT still liquid even though you converted the vBNT?
Jordan King
yeah rewards stay liquid