Bancor

It’s been an extremely challenging time for the Bancor community following recent emergency actions. On June 19th, we were faced with a decision that nearly every DeFi builder dreads: Stand by and do nothing as liquidity providers face potential catastrophe, or intervene and protect users. If the protocol collapses, most…

The crypto-sphere is currently awash with bad news, liquidations, dirty dealings and overleveraged degens. In this article we will look at a considerable $ETH position held by Celcius in the Bancor protocol. What is Celcius? Celsius is, in it’s own words, proud to provide a platform of curated services…

Bancor is not only a pioneer in AMM, but also a pioneer in providing impermanent loss protection, and has made outstanding contributions to the development of DEFI. However, bancor’s impermanent loss protection has suffered a huge deficit due to the recent malicious market trend. The author has published a number…

Recently bancor made a decision to pause impermanent loss protection due to the recent market crash. As a result, some defi protocols have to remove liquidity from bancor’s single-sided liquidity mining. But why did bancor choose to suspend impermanent loss protection at this time? In fact, last month, the author…

With a novel single-sided staking design, Bancor3 necessitates a new tokenomic analysis model in order to evaluate the value flows within its’ ecosystem. Key to understanding this new model is the fact that Bancor3 decoupled the base token balances from the pool token total supply. The reasons for doing so…

So what happened with Bancor yesterday? Bancor paused impermanent loss (IL) protection. But WHY did they do this? For a DEX whose only USP is pretty much IL protection, this seems like the last thing you would want to do, right? If you don’t know what IL is, this Bancor post does a great job of…

DeFi protocol Bancor was forced to halt their impermanent loss protection (ILP) as a result of “hostile market conditions”. Bancor posted “Market Conditions Update” June 19, announcing that as a result of hostile market conditions they needed to temporarily pause their impermanent loss protection. - The temporary measure to pause IL protection should give the protocol some room to breathe and recover. …

The next DeFi wave might seem unlikely given the current market conditions which saw the total value locked (TVL) in DeFi protocols having dropped from a high of ~250B to ~70B in just over 6 months. In times like these, optics becomes crucially important as our thoughts of the ecosystem…

TL;DR Legacy ICHI is on Bancor v3 (below is a step-by-step guide for migrating liquidity from Bancor v2 to Bancor v3) ICHI (new contract) whitelist vote is up on Bancor governance Snapshot (get your votes in!) ICHI to vote for Bancor partnership and allotted rewards Background Bancor v3 was announced at the…