Bancor Aims to Eliminate Impermanent Loss With Upgrade
Bancor has unveiled the next step in their new AMM design. The 2.1 release introduces an elastic BNT supply, used to cover impermanent loss for LPs through a mechanism called Liquidity Protection. The update builds on the ability to add single-sided liquidity, or using one token to pool liquidity instead of two like Uniswap. LPs…
By: Cooper Turley •
DeFi
Bancor has unveiled the next step in their new AMM design. The 2.1 release introduces an elastic BNT supply, used to cover impermanent loss for LPs through a mechanism called Liquidity Protection. The update builds on the ability to add single-sided liquidity, or using one token to pool liquidity instead of two like Uniswap. LPs…
Loading this article…
Advertisement
Free newsletters
Good reporting. Delivered.
Choose your coverage: crypto and DeFi, the future of finance, or both.
Free. Unsubscribe anytime.





