Tag: bancor v2.1

Jan 12 2021

Bancor Liquidity Increased 1000% After v2.1 Launch Amidst Incoming Polkadot And L2 Integrations

Bancor - the automated market maker (AMM) protocol has massively increased it's total liquidity by 1000% to reach a significant figure of $175M, official report revealed citing a period from Oct-24 '20 to Jan-06 '21. This improvement came at the helm of Bancor v2.1 release and the launch of liquidity mining program, which saw the liquidity of the platform go up from ~$20M...

Nov 20 2020

Bancor Network – What You Need To Know and How To Use It

The Bancor Network is based on the Bancor Protocol that consists of a network of smart contracts, also known as “liquidity pools” in general, to perform algorithmic token trades and pooling of on-chain liquidity to perform peer-to- contract trades in a single transaction with no counterparty. The platform launched its version 2 protocol upgrade in...

Nov 14 2020

You Can Now Stake OCEAN on Bancor V2.1

Nov 14 2020 Published at Altcoin Buzz under tags  bancor v2.1 business partnerships ocean

Popular decentralized platform Bancor has announced the whitelisting of Ocean Protocol (OCEAN) as one of the first supported tokens on its network. Bancor also recently unveiled V2.1 of its Automated Market Maker (AMM). This latest version of the decentralized exchange (DEX) incorporated OCEAN as one of the first tokens on its platform. The on-chain liquidity protocol...

Oct 17 2020

Bancor v2.1 – An AMM-DEX Aiming To Solve Impermanent Loss!

On Oct 12, Bancor introduced the v2.1 of its Automated Market Maker (AMM) type Decentralized Exchange (DEX), a DeFi technology that it conceptualized and introduced in 2017....

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