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Bancors price floor they were propping up collapsed as well. Good example of a flawed project. Analysis of some of its flaws by Emin Gun below: http://hackingd
by Rmilb 9y ago
Bancors price floor they were propping up collapsed as well. Good example of a flawed project. Analysis of some of its flaws by Emin Gun below:
http://hackingdistributed.com/2017/06/19/bancor-is-flawed/ http://hackingdistributed.com/2017/06/19/bancor-is-flawed/
- Jabanga 9y agoThe price floor worked as intended. It meant that those who wanted to get their money out had ample time to do so, and the result was Bancor effectively returning a large chunk of the ETH sent to it.