๐ Bancor V1 invented the AMM
๐ก Bancor V2 protected LP capital
๐ Bancor V3 maximizes passive yield
Decentralized liquidity will never be the same
๐ฅ The Bancor Vortex $vBNT burner is LIVE ๐ฅ
As of today, 5% of all swap fees on Bancor will be used to buy & burn vBNT!
๐ Burned $vBNT = $BNT locked in Bancor forever
โก๏ธ As swap volume rises, burning accelerates, increasing TVL & reducing the circulating supply of $BNT
๐
Bancor now has the deepest $MATIC market of any
#DEX
!
๐ฐ $71M in liquidity and $93,587 in 24h fees paid to LPs
๐น Provide $MATIC-only liquidity
๐น Earn fees in $MATIC (currently 48.04% APR)
๐น Full protection from impermanent loss
Stake & trade $MATIC ๐
Weโre thrilled to welcome
@mcuban
to the
#BancorDAO
Mark told us he was drawn to Bancor & $BNT because the simplicity of providing liquidity
๐น No impermanent loss
๐น Single-token exposure
๐น Just sit back & earn yield on your favorite tokens
Whether youโre a whale ๐ ๐ณ or ๐ฆ
๐ We are excited to announce
@Chainlink
( $LINK ) as a
#BancorV2
launch pool!
Users will be able to provide liquidity & earn a share of swap fees while maintaining ๐ฏ% exposure to LINK:
$BNT
#DeFi
1/ Bancor 3 is here!
The Ultimate DeFi Liquidity Solution empowering DAOs and their token holders to drive healthy liquidity and access safer, more sustainable yields that are 100% protected from Impermanent Loss.
See whatโs new ๐งต or dive right in ๐
We are pleased to announce that the Swiss Bank
@MaerkiBaumann
will begin accepting $BNT deposits alongside $USDT
#ETH
& other cryptocurrencies.
The ability to participate in
#DeFi
through a bank may be closer than we think ๐
#Banc2Bank
Which will be the next tokens to join the 8-Figure Club on Bancor?
๐ธ $LINK $USDC $WBTC $DAI $USDT or $OCEAN? ๐ธ
๐ Retweet and tag your guesses for the next 3 pools to cross the $10M mark!
๐ฐ We'll select 5 random winners to receive 20 $BNT each.
๐ We're thrilled to announce the launch of a new trader incentives program that awards traders with limited edition
#NFTs
throughout the month of May! ๐
Once a week,
@chainlink
VRF will be used to randomly select winners in the following 5 categories ๐
$ENJ (
@enjin
) has been voted into $BNT liquidity mining!
Stake $ENJ on to get:
๐น swap fees in $ENJ
๐น rewards in $BNT
๐น single-sided exposure
๐น IL protection
Staking ๐
If thereโs no space for $ENJ, add $BNT to open space
Congrats to Bancor Network partner
@WePowerN
on being chosen out of thousands of global applications to the prestigious Australian energy track program
@Sbootcamp
. A significant step in green energy adoption using tokenization. Good luck!
$QNT (
@quant_network
) has been whitelisted on !
$QNT holders can now stake & earn $QNT on Bancor with single-sided exposure & IL protection.
Stake ๐
No room to stake on the $QNT side of the pool? Stake $BNT to open space.
๐จ Bancor limit orders are LIVE on ! ๐จ
๐น Limit orders use
@Keeper_DAO
&
@0xProject
๐น Submitting orders requires no gas
๐น Gas is paid by the user on the other side of trade
๐ Learn how to use Bancor limit orders:
We are thrilled to announce
@DeFianceCapital
has taken a position in $BNT and will serve as strategic advisors to the Bancor protocol, advising on tokenomics, strategy and institutional liquidity provision.
More ๐
Congrats to
@chainlink
on the launch of Keepers!
We are pleased to announce that we're planning to integrate Keepers into
#BancorV3
to further simplify the staking experience & automate advanced trading features.
๐ Learn more:
.
@Bancor
will integrate
#Chainlink
Keepers as part of its upcoming v3 release. Chainlink Keepers provide a verifiable and highly reliable off-chain computation solution to automate end-user maintenance processes & add advanced utility to their AMM protocol.
$GRT has been whitelisted by the
#BancorDAO
!
$GRT is a work token that is locked-up on
@graphprotocol
to provide indexing & curating services.
$GRT holders can now stake & earn $GRT on with single-sided exposure & IL protection
๐ก๏ธ Info for $GRT LPs ๐
Big things are coming. Watch the livestream tomorrow at 8:30pm EST where we'll unveil
#BancorV3
๐
@ChainLinkGod
@DeFi_Dad
@Arthur_0x
will join to dig into all the juicy details
Livestream:
RT this for a chance to win 100 $BNT, 3 winners announced tmr
Congrats to
@renprotocol
&
@iearnfinance
!
$REN & $YFI were just voted in as the next tokens to receive $BNT liquidity mining rewards!
LPs can now stake $REN or $YFI on & earn $BNT rewards.
Learn more in Bancor's latest update:
.
@Chainlink
has launched the $BNT/USD price feed!
This is an important step towards releasing
#BancorV2
, which enables a new AMM liquidity pool with:
๐ง No impermanent loss
๐ง Single-token exposure
๐ง Liquidity amplification on stable & non-stablecoins
๐ Join us for a discussion on thriving beyond L1 hype cycles with special guests
@michaelfkong
and
@FTMAlerts
of
@FantomFDN
and
@MBRichardson87
of Bancor!
๐ Wednesday, Mar 9
โฐ 12:30 PM EST / 9:30 AM PST
๐จ Set Your Reminder ->
$SXP (
@Swipe
) has been whitelisted by the BancorDAO!
Stake $SXP on & earn swap fees in $SXP with:
๐ณ Single-token exposure (provide $SXP only)
๐ณ Protection from impermanent loss
Currently space for 30,969 $SXP
Stake & earn $SXP:
WATCH:
@TheCryptoLark
explains how to earn swap fees & $BNT rewards by staking $MATIC on w/ single-sided exposure & impermanent loss protection
Full Vid:
Guide: Stake single-sided $MATIC w/ IL protection ๐
๐จ ๐ค Join us for our next Twitter Spaces AMA!
Learn about Ethereum Push Notifications & Bancor notifications on EPNS!
๐คฉSpecial Guest:
@epnsproject
with
@jafetsc
๐When: Thursday, March 3rd at 3PM EST
โฐLink to Reminder โ>
DRGN Token (
@dragonchaingang
) now LIVE in the Bancor Network for continuous, decentralized and automated liquidity. Check out the Web App to convert DRGN, BNT, ETH and other tokens directly from your Web3 wallet.
โWe see the Bancor Protocol as an elegant solution for liquidity that benefits all token holders by offering a completely new paradigm for value exchange based on efficient automated market makers." -Dan Larimar, CTO of
@EOS_io
.
The new $LPL pool has nearly $3M in liquidity & over $1M in volume in its first 24h live.
@linkpoolio
is a leading provider of
@chainlink
node services
๐ง Welcome to Bancor ๐ง
Swap $LPL ๐
Stake $LPL ๐
๐ฃ Big news in
#DeFi
!
๐ Bancor technologies are live on
@FantomFDN
! Fantom's high-speed, low cost, and decentralized platform is the perfect match for the advanced trading capabilities of
@CarbonDeFixyz
and the Arb Fast Lane Protocol!
๐งต
Join
@MBRichardson87
and
@Mashinsky
for a discussion on the current state of DeFi and CeFi.
Hosted by
@Here4Chainlink
Mark your calendar and come prepared to learn - this Thursday at 9pm EST on Spaces:
BNB Token (
@binance_2017
) now LIVE in the Bancor Network for continuous, decentralized and automated
#liquidity
. Check out the Web App to convert BNB, BNT, ETH and other
#tokens
directly from your Web3 wallet.
Got spare $MATIC (
@0xPolygon
) collecting dust in your wallet? Put it to work!
๐ฐ Stake MATIC single-sided on & collect passive income from MATIC swaps w/ no risk of IL!
Check out this guide & clip below to learn how to stake:
$GRT ( the
@graphprotocol
) has been proposed for whitelisting in Bancor v2.1
If approved, $GRT holders would be able to stake & earn $GRT on w/ single-sided exposure & IL protection
Proposal:
Vote now:
๐ฅ $vBNT burning is just around the corner ๐ฅ
Once activated, each $vBNT burned represents a $BNT token that is locked in the protocol forever.
Learn more about the upcoming full release of
#BancorVortex
in our March progress update:
Say hello to $xBNT, built by
@xtokenmarket
๐ Self-driving liquidity that allocates your $BNT to the highest-yielding pools on Bancor
๐ช $BNT rewards are automatically re-staked
โฝ๏ธ Only pay gas when you enter & exit $xBNT
Take it for a spin at
Gasless voting is live on Bancor governance!
You can now vote with your $vBNT with no gas costs:
๐จ 17 new proposals are live for 3 days of voting including new token white-listings
@Barn_Bridge
@AxieInfinity
@etherisc
& more!
๐
The Bancor 3 Beta has officially started!
- 4 capped pools: $BNT $ETH $DAI $LINK
- Add liquidity via Etherscan
- The
#BancorDAO
can vote to deploy the full version any time ๐
Details:
Introducing our first NFT Drop
#DEXLoverz
Condom NFTs:
๐ 1,500 NFTs designed by
@DIGITALAX_
๐จ Minted on
@0xPolygon
๐ Surprise airdrop to our community & addresses most REKT by
#ImpermanentLoss
๐ Access to perks
Follow, Like, RT & tag tokens you love to get a Condom NFT.
๐ช The true power of the Bancor Vortex has yet to be unleashed! ๐ช
๐ฅ The $vBNT pool is being actively used to borrow against staked $BNT, but the burning of $vBNT hasnโt been activated yet.
๐ฅ Learn about the upcoming release of the $vBNT burner:
Due to hostile market conditions, Bancorโs Impermanent Loss Protection is temporarily paused. IL protection will be reactivated on the protocol as the market stabilizes.
More info:
We're hosting a community AMA in 15 minutes:
RoomDao, a blockchain-based promotion and sales platform for tourist services, has announced integration with Bancor to grant its token holders access to continuous liquidity.
@roomdaoico
1/ Bancor's new protocol
@carbondefixyz
๐ฟ has been live in Beta for several months with more automated DEX trading strategies being created each day.
Carbon gives users the ability to trade markets and execute strategies with unmatched control using any standard
#ERC20
.
๐งต๐
$MATIC (
@0xPolygon
) has been voted into $BNT liquidity mining!
Stake $MATIC on to get:
- swap fees in $MATIC
- rewards in $BNT
- single-sided exposure
- IL protection
Stake ๐
If thereโs no space for $MATIC add $BNT to open space
Utilizing
@Chainlink
โ
#BancorV2
enables single-token exposure in AMM Liquidity Pools.
Broke: Providing liquidity to a $LINK pool with 50% LINK + 50% exposure to another ERC20.
Woke: Providing liquidity to a $LINK pool with 100% LINK exposure.
Learn more:
Bancor is quickly becoming a go-to source for $LINK swaps as
#LinkMarines
realize the power of single-sided pools with impermanent loss protection.
Bancor's $LINK pool now accounts for 20% of total
@Chainlink
AMM volume (up from 4% a month ago), with ~$90M in liquidity & rising.
๐โโ๏ธ We're thrilled to announce
@KyberNetwork
's $KNC as a
#BancorV2
launch pool! ๐โโ๏ธ
The pool will use
@Chainlink
โs $KNC / $ETH price oracle & enable KNC holders to provide liquidity & earn a share of KNC swap fees while maintaining ๐ฏ% exposure to KNC: $BNT
What is most incredible to us is that AMM protocols have been able to emerge *without* using the protocol token as the reserve asset in each pair, seeing as it pits protocol owners against liquidity providers.
๐ Sneak Peek ๐
๐ฉโ๐จ Preview screens of the new UI coming with
#BancorV2
Mainnet launch.
๐ฑ Users will be able to swap, provide liquidity, view APR & discover the best-performing pools on .
#DeFi
$BNT
When impermanent loss is no longer part of the equation, swap fees & liquidity mining rewards are pure profit.
The industry is waking up to the next generation of IL-protected AMMs, powered by $BNT.
You can try to ignore impermanent loss
โItโs a natural part of market-makingโ
โAn investment strategyโ
โFees/rewards usually make up for itโ
Or, try
๐ก No IL if youโre in a pool for 100+ days
๐ง Peace of mind for LPs
๐ Higher yield from fees + rewards
โก๏ธ $RUNE (
@Thorchain
) has been whitelisted by the BancorDAO! โก๏ธ
$RUNE LPs on Bancor can now provide single-sided liquidity ( $RUNE only) with protection from impermanent loss & earn swap fees in $RUNE!
โก๏ธ Stake & earn $RUNE on :
$ROOK (
@Keeper_DAO
) has been voted into $BNT liquidity mining & rewards are live!
Stake $ROOK on to get:
- swap fees in $ROOK
- rewards in $BNT
- single-sided exposure
- IL protection
If no space for $ROOK, add $BNT 2 open space
โฆ๏ธ Weโre thrilled to announce that work is underway on a cross-chain bridge to expand Bancor to
@Polkadot
! ๐ด
โก๏ธ The bridge is being built with
@LiquidAppsIO
& enables lightning fast cross-chain swaps between ERC20 & $DOT tokens.
๐ More details:
๐๐ $BNT is now integrated with
@Opensea
& can be used to buy & sell
#NFTs
! ๐๐
To place your NFTs on sale priced in $BNT, simply add $BNT as a payment option inside your Opensea collection manager.
๐โโ๏ธ Try it out โโ>
Using
@Chainlink
#BancorV2
ends impermanent loss & enables single-token exposure when staking in liquidity pools.
This meansโfor exampleโwhen staking $LINK you can have 100% $LINK exposure & receive at least your original stake back when exiting the pool:
๐ฅ To celebrate the $vBNT burner launchโa 1/1
#NFT
of the launch video has been minted on
@opensea
& will be given to 1 lucky winner! ๐ฅ
Enter to win:
1. Follow
@Bancor
2. Like & retweet the vBNT burner announcement tweet
3. Tag 3 friends
Winner announced April 12 @ 12 PM UTC
๐ฅ The Bancor Vortex $vBNT burner is LIVE ๐ฅ
As of today, 5% of all swap fees on Bancor will be used to buy & burn vBNT!
๐ Burned $vBNT = $BNT locked in Bancor forever
โก๏ธ As swap volume rises, burning accelerates, increasing TVL & reducing the circulating supply of $BNT
๐