Bancor 2.1 live on Ethereum blockchain

Bancor v2.1 has passed the community vote earlier today and is now live on Ethereum mainnet.
Finally, LPs can stake with single-sided AMM exposure – while earning fees & protection from impermanent loss. REN is among the first protected pools live, with 60+ pools going live in the coming days.
When adding liquidity to the pool, choose between 100% exposure to REN or 100% exposure to BNT. Manage your protected positions in Bancor’s new pool manager.
Single-sided exposure + IL insurance + swap fees = higher ROI on collected fees. How does it work?
Provide liquidity to a pool and the Bancor protocol co-invests with you by – providing the opposite side in BNT. The protocol earns BNT fees, which are burned to pay for IL insurance and reduce the overall BNT supply.
This is the 1st upgrade passed by Bancor’s new governance framework and brings a new level of sophistication to AMMs.
Bancor is grateful to have a community of brilliant minds already proposing new ideas, voting for new pools & fine-tuning the system.
Single-sided exposure & IL insurance aim to make AMMs less chaotic & more predictable for Liquidity pools, who can now:
Long the token they want
Earn from swap fees
Set it & forget it
No more:
stress being an Liquidity pool
getting rekt by imp loss
misleading APYs

Related topics
- How to claim 1inch Airdrop by 1inch exchange?
- DeTrade Fund exit scams, runs away with 1438 Ether
- BAT token no longer credited to iOS users
- Coinbase Custody adds NuCypher, Curve, Ren, WBTC, TBTC, DFI Money
- Bitfinex to support Ethereum 2.0 migration with staking rewards
- Ethereum Classic hard fork to change mining algorithm to ETC Hash
- Flash loan attack worth $7M on Value DeFi
- Unilayer is existential threat to centralized cryptocurrency exchanges
- 20.8 Ethereum stolen from a user and he has no idea on how it happened
- BREE token exit scams – How to withdraw LINK from CoinBreeder
- Hyperledger Besu will implement MESS to prevent 51-percent attack on Ethereum Classic blockchain
- Uniswap and KYC rumors – Will KYC kill Uniswap exchange?
- Status version 1.7 brings iOS notifications, mentions, local nicknames and more
- Trade UNI Token on CEX.io with leverage
- DeFi projects will be listed on Binance Innovation Zone