Bancor – DIGIT INFO

Bancor DAO hit with class action suit over impermanent loss protection promises

DIGIT — Tue, 16 May 2023 21:30:13 +0000

The pioneering DAO allegedly offered “risk-free” products that cost American retail investors tens of millions of dollars in losses.

Go to Source

Finance Redefined: Uniswap goes against the bearish trends, overtakes Ethereum

DIGIT — Fri, 24 Jun 2022 20:34:52 +0000

The top 100 DeFi tokens showed signs of recovery after last week’s mayhem, and many of the these tokens registered double-digit gains.

Go to Source

Bancor 3 goes live with impairment loss protection for liquidity providers

DIGIT — Wed, 11 May 2022 12:30:00 +0000

Bancor’s new liquidity mining strategy promises to bring organic on-chain liquidity and make DeFi staking easier for DAOs.

Go to Source

Bancor introduces new staking pools and instant impermanent loss protection

DIGIT — Tue, 30 Nov 2021 04:55:08 +0000

Bancor 3 will feature instant impermanent loss (IL) protection, an unlimited deposit staking pool, and an Omnipool offering a share of fees generated from the entire platform.

Go to Source

Weekly Defi Swaps Tap $17 Billion While Dex Aggregators Now Share 22% of the Trade Volume

DIGIT — Thu, 19 Aug 2021 15:30:21 +0000

Over the last seven days, decentralized exchange (dex) trade volume has tapped $17 billion across the 21 Ethereum dex platforms. Pancakeswap has seen between $400K to $860K every 24 hours during the last week as well. Meanwhile, dex aggregators are eating away at dex trade volumes, becoming more popular by the day. Uniswap Commands Top […]

Go to Source

Shibaswap Dex Captures $1.5 Billion Locked in 2 Days, SHIB Platform Bumps ETH Fees Higher

DIGIT — Thu, 08 Jul 2021 18:00:24 +0000

The crypto asset shiba inu (SHIB) now has a decentralized exchange (dex) platform called Shibaswap and since the trading protocol’s launch, the dex has $1.55 billion total value locked (TVL). The SHIB-fueled dex has a lot more liquidity than most platforms today as Shibaswap has been catching up to popular dex platforms like Pancakeswap and […]

Go to Source

Shapeshift Reveals Platform Supports Unwrapped Swaps via Thorchain With No KYC

DIGIT — Tue, 20 Apr 2021 18:30:29 +0000

Just recently, Shapeshift founder and CEO Erik Voorhees published a blog post about a new project called Thorchain, a protocol that allows for decentralized exchanges without wrapping or bridging technology commonly used today. Thorchain launched on April 13, 2021, and the Shapeshift founder recently revealed his company is first to leverage the multi-chain protocol in […]

Go to Source

Bancor releases no-liquidation lending with Vortex as AMMs continue diversification

DIGIT — Mon, 05 Apr 2021 10:57:52 +0000

Bancor introduced a complex but useful lending and token burn mechanic through its vBNT token.

Go to Source

US judge dismisses crypto fraud case against BNT token issuer

DIGIT — Wed, 24 Feb 2021 11:17:22 +0000

A U.S. federal judge ruled to dismiss a case against crypto firm Bancor, citing lack of personal jurisdiction and the plaintiff’s failure to prove losses.

Go to Source

Bancor v2.1 report: Swap fees exceed impermanent loss insurance costs

DIGIT — Tue, 12 Jan 2021 15:35:22 +0000

Bancor’s approach to dealing withimpermanent loss on decentralized exchanges might have significant implications for idle altcoin capital.

Go to Source