Bancor
Revision as of 13:39, 25 April 2022 by Sov (talk | contribs) (Created page with "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> == Overview<ref>https://docs.bancor.network/about-bancor-network/faqs/master</ref> == * Bancor is the only protocol that enables automated token trading, as well as Single-Sided...")
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]
Overview[2]
- 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.
- Overseen by the Bancor DAO, the protocol’s mission is to facilitate simple and safe access to decentralized trading and yield.
- Launched in 2017, Bancor was the first DeFi protocol. Today, it generates millions in fees per month for depositors, offering up to 30% APR on 70+ tokens like ETH, WBTC, LINK, MATIC, SNX & more.
- Bancor is the preferred treasury management solution of 30+ DAOs including UMA, Paraswap, Nexus Mutual, KeeperDAO, BarnBridge & WOO Network DAO.