Bancor v2.1: a single-sided automated market maker

Time Stamp: June 16, 2021 5:10 AM
Source Node: 924134

June 16, 2021, 5:10AM EDT

• 10 min read

Quick Take

  • Bancor v2.1 is an automated market maker that enables liquidity provision with single-sided exposure
  • Their impermanent loss insurance fund protects long-term liquidity providers from the impermanent loss at the expense of BNT token holders
  • Bancor’s growth in total value locked and volume is significant but still behind their main competitors, such as Uniswap and SushiSwap

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Source: https://www.theblockresearch.com/bancor-v2-1-a-single-sided-automated-market-maker-107371?utm_source=rss&utm_medium=rss

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