Bancor, the decentralized exchange (DEX), has been making significant strides in improving the user experience on their platform. From addressing the issues of price slippage to impermanent loss, the team has been working tirelessly to enhance the efficiency of their system. In one of their updates, V2.1, Bancor introduced a new feature that promises zero impermanent loss to users. But how exactly does this work? In this episode, we'll delve into the details of this new feature and explain how Bancor users can now get subsidized for any losses sustained. Additionally, we will also explore how the supply of $BNT, Bancor's native token, is affected by various actions in the ecosystem, and how this indirectly impacts the price of $BNT. So, if you're a Bancor user or a cryptocurrency enthusiast, keep reading to learn more about these exciting developments.
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EP 30: Insurance for Impermanent Loss with Bancor V2.1