Bancor v2.1: a single-sided automated market maker
Quick Take
- Bancor v2.1 is an automated market maker that enables liquidity provision with single-sided exposure
- Their impermanent loss insurance fund protects long-term liquidity providers from the impermanent loss at the expense of BNT token holders
- Bancor’s growth in total value locked and volume is significant but still behind their main competitors, such as Uniswap and SushiSwap
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Author: Eden Au
