Bancor

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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.

References