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A Big Test for DAOs: Honing New Compensation and Contribution Practices - The Defiant
thedefiant.io · 565 words · saved by 1 readers
Bancor V3 will cut gas costs for traders in half and offer instant IL protection.
Bancor Launches V3 AMM In Bid to Regain Dominance Bancor V3 will cut gas costs for traders in half and offer instant IL protection. By: Owen Fernau • DeFi Bancor was the first-ever automated market maker (AMM) and holds a special place in crypto lore after attracting $153M in 2017 in what was then the largest initial coin offering (ICO). After falling off the radar as it lost market share to rival AMMs like Uniswap and Sushiswap, the protocol is back and launching Bancor 3 with key upgrades. The most important new feature may be something called Omnipool which promises to cut gas costs for tra
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