Cryptocurrency News

Bancor 3 goes live with impermanent loss protection for liquidity providers

05/11/2022

Less than a minute

2022.05.11 18:55

Bancor 3 goes live with impermanent loss protection for liquidity providers

Bancor, the first decentralized finance protocol to introduce liquidity pools, has come out with a new liquidity solution with the launch of its v3, called Bancor 3.

Bancor 3 went live with a promise to offer protection against impermanent loss to liquidity providers. The new architectural changes promise to bring sustainable on-chain liquidity and make decentralized finance (DeFi) staking simpler for decentralized autonomous organizations (DAOs).

05/11/2022

Less than a minute

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