Thread by @ChainsightA

1/ Bancor Network's unprecedented volume share growth cannot be understated, and has been explored very little in a quantitative sense so far. We don't do ~ALphA LeAKs~, but keep scrolling for an update on the thread below to understand why BNT is still massively undervalued.

https://twitter.com/BigSnek4/status/1350520834683711496

2/ Previously, we explored the difference between the 1inch referred volume to various DEX's on LINK, and saw how there was a massive gap between Bancor's expected (31%) vs. actual (8%) volume share. We surmised massive volume share growth was imminent.
duneanalytics.com/embeds/17349/3…

3/ Well, things have changed A LOT in a month. Now, Bancor Network is capturing A MAJORITY (55%!!) of all LINK trades through 1inch. That's 2x more than a month ago.
duneanalytics.com/embeds/20567/4…
But here's what's even more surprising and incredible...

4/ Now, Bancor Network is capturing A MAJORITY (40%) of LINK TRADES OVERALL. Not just 1inch referred volumes - ALL LINK TRADES being split between the top 3 DEX's. Such massive growth in volume share harkens back to the vampire attacks of DeFi summer...
duneanalytics.com/embeds/20566/4…

5/ So why is Bancor Network's token (BNT) so undervalued? We will spare you the normal details already mentioned, like how UNI holders capture 0% of the trading fees on Uniswap, and how BNT holders capture 3x more fees than SUSHI holders. Yes, just ignore all that for now...

6/ Here's why: Bancor can easily replicate this model of volume share growth with other DeFi Blue Chip tokens. LINK was merely the blueprint. The method is proven to work. Bancor will soon be capturing the majority of AAVE, YFI, SNX, [insert your fav. token here], trades soon.

7/ Many use TVL to measure token performance. Here at Chainsight Analytics, we view this as very poor metric. In the DEX space, volume share is everything, as this drives the profits for your liquidity providers. Presently, Bancor is the only DEX trending in the right direction

8/ This year, Bancor will dominate volume share. We won't go into Bancor's other unique & differentiating features here. But, at a sub 1B market cap, BNT is criminally undervalued. If this hasn't convinced you yet anon, I don't know what will...
@Simp2win @MylarNYC @bancor

Check out Bancor Network's official Dune Dashboard for more insights into the most promising DEX in the DeFi space: duneanalytics.com/ashachaf/banco…

8/ This year, Bancor will dominate volume share. We won't go into Bancor's other unique & differentiating features here. But, at a sub 1B market cap, BNT is criminally undervalued. If this hasn't convinced you yet anon, I don't know what will.. @MylarNYC