/biz/ - Business & Finance

Brainlet explanation:

>100% impermanent loss protection after staking for 100 days.
>Great yields, great volume, TVL on platform is steadily climbing. 100m in january 2021, 550m now.
>Team are true OG status, invented the protocols that AMM like Uniswap use
>token itself sitting at 600m marketcap vs >3b for it's competitors
>L2 based on Arbitrum coming; testnet since early January. Front end interface for test net was just released. 50x reduction in gas fees as soon as it's out.
>limit orders and general UI update coming very soon
>Bancor Vortex being rolled out as we speak, gives Bancor Aave-like functionality: you basically get a token to spend on other shitcoins or restake for your collateral in BNT
>favored staking platform of huge Link whales. Bancor has the most Link liquidity out of any dex.
>Atomic LP swaps from/to other pools coming
>Polkdadot bridge coming

Big brain explanation:
https://www.youtube.com/watch?v=SbUqcbNqQ-Y [Embed]

Lots of people are dead set on fudding the security of the project, but I implore you to check out their audits, found at the bottom of:

docs.bancor.network

Their contracts are open source and visible above^ as well.

DYOR

network 20x'd since december