Bancor introduces new staking pools and instant impermanent loss protection By Cointelegraph

Nov 30, 2021


© Reuters.

Decentralized automated market maker (AMM) Bancor is about to launch new staking swimming pools and an improve to its impermanent loss safety mechanism as a part of its long-awaited Bancor 3 replace.

Bancor was based in 2017 and was the primary DeFi protocol to introduce AMMs to the blockchain. The Ethereum-based trade and lending platform additionally permits customers to earn staking rewards through numerous liquidity swimming pools.