Bancor launches its v3 called Bancor 3: it'll offer impermanent loss protection

Bancor has announced its v3 called Bancor 3 which comes with a new solution for liquidity providers. The Bancor 3 comes with a completely new liquidity mining strategy that aims at bringing organic on-chain liquidity to the protocol to make decentralized finance (DeFi) staking easier, especially for decentralized autonomous organizations (DAOs). One of the most The post Bancor launches its v3 called Bancor 3: it'll offer impermanent loss protection appeared first on Invezz.

Timeline of Bancor

Bancor Network, the first AMM-enabled DeFi protocol, announced its latest upgrade, Bancor 3 is going live with support from top crypto partners. The decentralized finance (DeFi) liquidity protocol aims to boost DeFi projects and the ecosystem, empowering token projects and their holders to drive healthy on-chain liquidity in their native tokens.

Bancor Network is a decentralized crypto exchange launched in Switzerland in 2016 to allow for the conversion of crypto assets without intermediaries. The exchange; primarily focuses on the DeFi sector by allowing easy integration with Dapps and converting even the…