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Bancor is a decentralized network of on-chain automated market makers ([[AMM]]<nowiki/>s) supporting instant, low-cost trading, as well as [[Single-Sided Staking]] and 100% [[Impermanent Loss]] Protection for any listed token.<ref>https://docs.bancor.network/about-bancor-network/bancor-v3</ref> The protocol was launched in 2017 | Bancor is a decentralized network of on-chain automated market makers ([[AMM]]<nowiki/>s) supporting instant, low-cost trading, as well as [[Single-Sided Staking]] and 100% [[Impermanent Loss]] Protection for any listed token.<ref>https://docs.bancor.network/about-bancor-network/bancor-v3</ref> The protocol was launched in 2017. | ||
== Overview | == Overview == | ||
* Bancor is the only protocol that enables automated token trading, as well as [[Single-Sided Staking]] with 100% [[Impermanent Loss]] Protection for any listed token. | * Bancor is the only protocol that enables automated token trading, as well as [[Single-Sided Staking]] with 100% [[Impermanent Loss]] Protection for any listed token.<ref>https://docs.bancor.network/about-bancor-network/faqs/master</ref> | ||
* Overseen by the Bancor DAO, the protocol’s mission is to facilitate simple and safe access to decentralized trading and yield. | * Overseen by the Bancor DAO, the protocol’s mission is to facilitate simple and safe access to decentralized trading and yield. | ||
* Bancor is the preferred treasury management solution of 30+ DAOs including [[UMA]], [[Paraswap]], [[Nexus Mutual]], [[KeeperDAO]], [[BarnBridge]] & [[WOO Network]] DAO. | * Bancor is the preferred treasury management solution of 30+ DAOs including [[UMA]], [[Paraswap]], [[Nexus Mutual]], [[KeeperDAO]], [[BarnBridge]] & [[WOO Network]] DAO. | ||
== References == | == References == | ||
<references /> | |||
[[Category:Protocols]] | |||
[[Category:DEX]] |