Say ADIOS to Impermanent Loss with Bancor V2

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3 years ago

Contrary to other AMM protocols, Bancor uses its protocol token, BNT, as the counterpart asset in every pool. Using an elastic BNT supply, the v2.1 protocol co-invests in pools alongside LPs to support single-sided AMM exposure and to cover the cost of impermanent loss with swap fees earned from its co-investments.

https://bancor.network/
https://docs.bancor.network/getting-started/the-v2-difference

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