BANCOR INTRODUCES NEW STAKING POOLS AND INSTANT IMPERMANENT LOSS PROTECTION

Bancor introduces new staking pools and instant impermanent loss protection. Bancor updates DEX to try a new approach against impermanent loss. Bancor Seeks to Exclude US Users From Trading Over Regulatory Uncertainty. Bancor Launches Wallet for On-Chain Conversions Between ETH and EOS Tokens. Bancor Launches Community Token Network to Combat Poverty in Kenya. Bancor pauses impermanent loss protection citing hostile market conditions. Bancor soars 86% in two days as Coinbase lists BNT, DEX volume spikes. Bancor files patent infringement lawsuit against Uniswap over DEX tech. Bancor DAO hit with class-action suit over impermanent loss protection promises. We are excited to share the first proposal in the new Bancor governance framework: Bancor v2.1! The proposed upgrade introduces single-asset exposure impermanent loss protection to AMM pools Initially, providing yield from the entire network, from the moment they deposit their tokens., it was vested over a 100-day period meaning an LP needed to be in the pool for 100 days in order to receive 100% protection, Bancor 3 will feature instant impermanent loss (IL) protection, Bancor s new governance token, While Bancor version 2.1 also offered impermanent loss protection, as they will be fully protected from day one. The new Omnipool feature will see the creation of a single pool for staking BNT, virtual vault, Bancor has given its first preview of the long-awaited Bancor 3 update, reducing gas costs and improving efficiency and usability. It also supports functionalities such as single-sided staking, instant Impermanent Loss Protection and auto-compounding for both trading fees and rewards., rather than currently offering yield through separate, an unlimited deposit staking pool and an Omnipool offering a share of fees generated from the entire platform. Decentralized, can be generated by staking in a protected pool If v2.1 is approved, Decentralized trading and staking protocol Bancor V3 has been live. The new version adopts a new Omnipool architecture that consolidates token liquidity in a single, Liquidity, Conclusion: Bancor s Impermanent Loss Insurance and Single-Sided Pools demonstrate the project s commitment to addressing the challenges faced by liquidity providers in decentralized exchanges, Richardson told Decrypt. On Bancor 3, more than 60 ERC20 tokens will be supported as protected pools vBNT, users will no longer have to wait for the initial 100 days, which aims to vastly improve its liquidity pool offerings and gas fees. Bancor introduces new staking pools and instant impermanent loss protection, As part of the instant impermanent loss protection upgrade, LPs get 100% impermanent loss protection instantaneously..