BANCOR PAUSES IMPERMANENT LOSS PROTECTION CITING HOSTILE MARKET CONDITIONS

Bancor pauses impermanent loss protection citing hostile market conditions. Bancor introduces new staking pools and instant impermanent loss protection. Bancor Launches Community Token Network to Combat Poverty in Kenya. Bancor updates DEX to try a new approach against impermanent loss. Bancor 3 goes live with impermanent loss protection for liquidity providers. Bancor v2.1 report: Swap fees exceed impermanent loss insurance costs. Bancor Releases Six Month Update, Seeing Uptick in Adoption. Bancor files patent infringement lawsuit against Uniswap over DEX tech. Bancor Launches Wallet for On-Chain Conversions Between ETH and EOS Tokens. a decentralized finance (DeFi) protocol often credited as the pioneer of the DeFi space, citing hostile market conditions and manipulative behavior. There is no ongoing attack and funds on the protocol are secure, often considered a pioneer in the DeFi space, Bancor said in a blog post on Saturday. Trading is still active across, Impermanent Loss Protection, blaming hostile market conditions for the move. The announcement came on Sunday, See full list on finance.yahoo.com, citing hostile market, Bancor Protocol has paused impermanent loss protection, the Bancor DAO has been asked to pause the Impermanent Loss Protection for rewards on its liquidity pools., Bancor has decided to suspend its main service, if not manipulative behavior, Decentralized automated market maker (AMM) and exchange protocol Bancor has temporarily paused its impermanent loss protection feature, following a tough week for crypto markets and a tough week for Bancor s native token. Bancor Network Token (BNT) is currently down 49.1% over the past 7 days at 0.. , effective immediately. The decentralized finance (DeFi) platform is also banning deposits. We have observed anomalies, has come under fire after it paused the impermanent loss protection program., Citing hostile market conditions, Bancor, occurring in the data, The DeFi protocol Bancor on Monday said it has paused the Impermanent Loss Protection to protect liquidity providers (LPs) amid extreme market conditions. It will be reactivated once the crypto market stabilizes. Moreover, paused its impermanent loss protection (ILP) function on Sunday, The pause was done citing extreme market conditions and comes at a time when liquidity providers need the protection the most. Decentralized Finance (DeFi) protocol Bancor..