Bancor
Bancor is a decentralized network of on-chain automated market makers (AMMs) supporting instant, low-cost trading, as well as Single-Sided Staking and 100% Impermanent Loss Protection for any listed token.[1] The protocol was launched in 2017.
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.[2]
- 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.