Bancor has launched Carbon, its On-Chain Trading Platform for Decentralized Exchange.

The platform utilizes a cross-chain liquidity network and will initially support trading pairs with Ethereum, USDC, and several other tokens.

Carbon aims to provide a seamless and user-friendly trading experience, as well as low transaction fees and fast transaction times. The platform’s integration with Bancor’s existing liquidity network is expected to enhance liquidity and market depth for the supported assets.

According to the Bancor team, the Carbon launch is just the beginning of the company’s efforts to expand its DEX offerings and provide users with innovative solutions that address the shortcomings of centralized exchanges.

Bancor has emerged as a leading player in the DEX space, offering a unique approach to liquidity provision through its automated market-making algorithm. The platform’s launch of Carbon is likely to further solidify its position as a major player in the rapidly growing decentralized finance (DeFi) ecosystem.

Overall, the launch of Carbon represents an important milestone for Bancor and the DeFi industry as a whole, as it demonstrates the increasing popularity and adoption of decentralized solutions that offer users greater control and security over their assets.

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It is enabling trading access to hundreds of non-whitelisted tokens on Bancor.network.

0x API is an open-source, decentralized exchange infrastructure that enables the exchange of tokenized assets on multiple blockchains. Bancor Integrates 0x API – The 0x protocol is, at its core, a set of secure smart contracts that facilitate the peer-to-peer exchange of Ethereum-based assets.

The integration is aiming at making Bancor.network a better destination for traders by expanding token availability. Bancor Integrates 0x API – When a trader performs a swap request on Bancor.network. The UI checks whether the tokens in the swap are listed on Bancor, and if not, the trade is routed via 0x API. Trades routed via 0x API have a “Best Route” of external in the swap widges. As opposed to v2 or v3 for those that are routed directly through Bancor.

0x API has previously integrated Bancor v2.1 and v3 as liquidity sources and it aggregates liquidity from both protocols to enable even better prices for 0x API users by using Bancor token pools where it provides the best swap outcome for traders.

About Bancor

Bancor is only DeFi trading and staking protocol with Single-Sided Liquidity.

Website | Twitter

About 0x

0x is important infrastructure for the emerging crypto economy and enables markets. To be creating that couldn’t have existed before. As more assets become tokenized, public blockchains provide the opportunity to establish a new financial stack that is more efficient, transparent, and equitable than any system in the past.

Website | Twitter

RESOURCES

https://blog.bancor.network/0x-api-integration-is-now-live-on-bancor-72981621db65

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The trading liquidity is 200k BNT and 256k CROWN has been provided in external liquidity protection, which resides in the external liquidity protection vault.

Bancor is the first exchange to have listed CROWN. A few reasons why Crown Capital has used Bancor as its de facto liquidity solution:

1. Single-sided liquidity: it frees up CROWN’s treasury to fulfill its purpose: buying yield-generating gaming NFTs.
2. External liquidity protection for CROWN’s community: liquidity providers are protected against the effects of price divergence and rebalancing by the very project they are supporting.
3. Auto-compounding rewards: Crown Capital will be among the first projects to offer their own rewards program using Bancor’s auto-compounding feature. Unlike conventional rewards campaigns, the $CROWN liquidity providers need not take any actions at all to participate in the program. There are no gas expenses, no claiming, and no restaking actions required.

Crown Capital Trading on Bancor, DAO will generate income for $CROWN holders in a variety of ways through active management of NFTs and treasury assets as well as through earnings and rewards generated within its metaverse businesses inside portfolio P2E economies. In addition, $CROWN holders will benefit from any asset appreciation and/or sale of NFT assets in the portfolio.

What is a whitelisted pool?

Whitelisting is a process that the Bancor DAO goes through to list a token in the protocol.
The Bancor DAO needs to evaluate the project and its token by following the relevant technical guidelines to ensure the token meets the required security standards. A proposal needs to be created and voted upon by the Bancor DAO before the token is approved for deposits and trades in the protocol.

Why do projects whitelist on Bancor?

Bancor’s mission is to reduce barriers to entry, allowing the long tail of user-generated currencies to emerge.

• Build healthy decentralized liquidity in their native token
• Provide the token community with a platform for long term LP-ing
• Single-sided liquidity: Generate Protocol-Owned Liquidity without selling tokens
• Provide the same level of liquidity at half the cost
• Coming in Bancor 3: Enable auto-compounding rewards that deepen token liquidity from day one

About Crown Capital

Crown Capital is a DAO focused on direct investment and maximizing yield from its portfolio of income producing NFT assets in top blockchain game economies.

Website | Twitter

About Bancor

Bancor is only DeFi trading and staking protocol with Single-Sided Liquidity.

Website | Twitter

RESOURCES

https://blog.bancor.network/trading-of-crown-crown-is-now-live-with-200k-of-bnt-trading-liquidity-and-256k-of-crown-external-c76034dcc140

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As a token of appreciation for the support from the Bancor community, Arable Protocol has airdropped 2M of $ACRE to those who voted on the proposal and bnBNT holders.

What is a whitelisted pool?

Arable Protocol Whitelist on Bancor, where whitelisting is a process that the Bancor DAO goes through in order to list a token in the protocol.
The Bancor DAO needs to evaluate the project and its token by following the relevant technical guidelines to ensure the token meets the required security standards. A proposal needs to be created and voted upon by the Bancor DAO before the token is approved for deposits and trades in the protocol.

Why do projects whitelist on Bancor?

Bancor’s mission is to reduce barriers to entry, allowing the long tail of user-generated currencies to emerge.

• Build healthy decentralized liquidity in their native token
• Provide the token community with a platform for long term LP-ing
• Single-sided liquidity: Generate Protocol-Owned Liquidity without selling tokens
• Provide the same level of liquidity at half the cost
• Coming in Bancor 3: Enable auto-compounding rewards that deepen token liquidity from day one

​​​​Liquidity provision is currently available on-chain only via smart contract / on Etherscan (guide). Please use at your discretion.

It is important to understand the risk of providing liquidity on Bancor while BNT distribution is disabling. Liquidity deposits are affecting by vault surplus/deficits immediately upon deposit. Read more on the mechanics and check if a pool is in surplus/deficit at analytics.bancor.network.

About Bancor

Ban or is the only DeFi trading and staking protocol with Single-Sided Liquidity.

Website | Twitter

About Arable Protocol

Arable Protocol is a synthetic yield farming protocol that is dedicated to helping yield farmers to access multiple blockchains’ assets and yields on a single chain.

Website | Twitter

RESOURCES

https://bancor.medium.com/arable-protocol-acre-now-whitelisted-on-bancor-19306805650a

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1. Fee Allocation

Following a feedback request on governance, discussions are underway on various recovery models — the Yield Throttling model, the DAI model, and the Protection model. A technical document was published on Thursday comparing the 3 models.

These initial models are intended to spark discussion in the DAO around recovery measures and are expected to continue evolving and being iterated on.

2. Fee Burning

Bancor Weekly Update Report, To further bolster TKN reserves, the DAO implementing a large increase in the rate of BNT buybacks and vBNT burning. Currently, 100% of fees on Bancor V2.1 are being used to buy BNT and burn vBNT, and 30% of fees on Bancor V3 are being used to buy back BNT. These forces help restore TKN reserves across the protocol.

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The Bancor DAO continued developing recovery plans aimed at restoring token reserves on the protocol. Bancor Weekly Update Report, Current plans focus on:

1. Fee allocation — divert fees to deficit reduction and affected LPs.
2. Expand fees — grow fees from trading and build new fee-earning strategies involving arbitrage, liquidations and native lending.
3. Fee burning — optimize fee burning aimed at replenishing pools.
4. Protocol analytics — better data to drive DAO decisions on protocol health and proposed new features.

1. Fee Allocation

Governance discussions are underway to determine the best allocation of protocol fees to help restore token deficits on the protocol. Three models are up for discussion: the DAI model, Protection model, and the Yield Throttling model. Initial details on each model are published in governance: “Feedback Request: Potential Direction for Recovery”.

2. Expanding fees

While AMM trading revenue is expected to continue serving as an important source of protocol income, Bancor V3 is designed to be a multi-faceted yield generating protocol that supports fee-earning strategies outside of just trading.

To accelerate restoration of network health and chart a path towards sustainable protocol revenue, new features and optimizations are being discussed within the Bancor community, including:

• Dynamic fees
• Protocol arbitrage
• Native lending/borrowing with protocol-level liquidations & margin trading
• Integration with off-chain market makers to support any token
• Token launchpad (IDOs)

Proposals will soon be presented with additional details including estimated development time, industry potential and proposed technical designs.

3. Fee burning

The DAO has voted to increase vBNT burn rates to:

• 100% on V2.1 —fees buy BNT and burn for vBNT.
• 30% on V3 —fees buy BNT; burning of vBNT on V3 not yet implemented (read more: Bancor V3 Vortex — Burn Collected BNT or Wait)

Further data regarding fee burning will be sharing in the next update. Other proposals related fee burning are under discussion:

• Direct BNT burning
• Proposal: Set the Bancor V3 Vortex to 90%

vBNT burning on Bancor V3:

With the ongoing trading activities on Bancor V3, a portion of trading fees are being using for buying BNT, to later swap for vBNT and burn via the Bancor V3 Vortex.

4. Protocol analytics

Recent events were a wake-up call that protocol analytics must be improving and more easily available for the community to monitor protocol health and make data-driven DAO decisions.

About Bancor

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